5 industries that thrived during Covid
At the beginning of March 2020, the world was faced with a rather unforeseen circumstance. A year later, while we are still fighting this deadly virus, it is certain that we have all been affected in one way or another by the novel coronavirus.
Each of us spent the majority of our time outside our homes, until Covid-19 made us realize that most of these tasks can also be done in the comfort of our homes.
Through this process, we have seen all types of industries adjust to the situation, trying to find a way to operate safely. Most of the activities that would typically take place outside of our homes, such as working in offices, athletic and fitness programs, start-ups, and more, have now been adapted to work. home.
Being confined to our homes has benefited some industries, while it has not helped the growth of other businesses, such as theaters, restaurants, nightclubs, education centers, etc.
The majority of industries have collapsed significantly, other businesses are struggling to cope, while others have thrived during the pandemic.
These industries can be classified as critical for the virus. They are crucial for various reasons which support different aspects of an individual’s life.
Let’s take a closer look at what these industries are and how they thrived during the COVID-19 pandemic.
Web design is a creative field that most people enjoy! Designing a website involves thinking about the features for its users, meeting the requirements of the company brand, and including the aesthetics and style of the company in the design, which is very exciting.
Young people today come up with new business ideas and creative perspectives every day and are eager to implement them. Website design has gained ground over the past few years with an increase in the number of new entrepreneurs as every new business needs a professional website.
Since the pandemic, the industry of web design and web designers has flourished as their work depends entirely on the internet. You don’t have to interact in person to design a website for someone. And if there is something to discuss with their clients, it can be done successfully online.
The pandemic has also forced many businesses to move online, such as stores and restaurants, resulting in a significant increase in the number of websites to be designed.
Let’s face it, without the healthcare industry we probably wouldn’t be alive today!
If there is one industry the world would be grateful for in these difficult times, it is the healthcare industry. Their selfless efforts to help everyone all over the world have saved many lives.
Doctors, nurses, social workers, medical assistants and healthcare workers, with their civic attitude, have helped each of us either with personal assistance or by spreading the word about the virus.
This health industry flourished the most during the pandemic. The industry has grown steadily by $ 3.80 billion. It is not limited to healthcare workers, but also extends to service providers such as pharmaceutical companies, sanitation industries and more.
Not all of us have been infected with the virus, but we have certainly all been affected by it. The world has collectively been facing adversities since March 2020. Most of us have faced loss of loved ones, stagnation, loss of financial resources and much more.
The plethora of overwhelming events has caused anxiety and depression in many people. There has been a striking increase in awareness of mental health and its implications on people’s lives.
For this reason, the psychology and wellness industry has generated a lot of interest and voluntary participation from many people. The psychology industry grew by $ 588 million at the start of 2020, just before July. It was one of the many industries that were prosperous during covid.
Fitness equipment industries
If the novel coronavirus has taught us anything, it’s that health is of the utmost importance, and maintaining good health is where fitness equipment companies come in.
While many have undergone body transformations in their first three months of quarantine, fitness and health isn’t just about weight loss. It requires healthy breathing, great endurance, building muscle mass, and eating a balanced diet.
Since gyms, yoga centers, hiking, and all outdoor activities were prohibited, most people were forced to exercise and fitness from their homes, which resulted in the purchase of fitness equipment.
The boom in this industry has seen an increase of $ 20.31 billion since the start of the pandemic. The fitness equipment industry, just like the others mentioned above, experienced a huge boom during covid.
We have all learned the importance of the sanitation industries and cleaning services due to COVID-19. The sanitation industry experienced a purchasing boom as hand washing became a necessity and a means of protection against the virus.
Cleaning services have been in high demand since the start of the pandemic to curb the spread of the virus. Deep cleaning of hospitals, offices, homes and public spaces was essential and their services were in high demand.
The disinfection and cleaning services industry saw an increase with incremental growth of $ 387.99 million in the first half of 2020! It is undoubtedly one of the many industries that flourished during Covid and will continue regardless of the pandemic.
Many industries have been heavily affected during the pandemic. We have seen the stock market crash and the economy of various countries decline dramatically. During the pandemic, we have seen many businesses fall and burn while others have thrived.
If there is one thing the pandemic has brought to light, it is the value of living, hygiene, good health, and flexible and adaptable businesses in a modern world.
This article does not necessarily reflect the views of the editors or management of EconoTimes.