The impacts of COVID-19 have devastated the world and have changed our healthcare systems forever. But what have the effects been on various industries?
Whilst the tourism and hospitality industry was hit the hardest by the pandemic, some businesses actually GAINED from the pandemic and saw their customer base increase significantly.
So today, let’s explore these 7 industries that benefited from COVID-19 and why exactly they boomed.
1. The Cleaning & Hygiene Industry
The rise of COVID-19 meant the rise in germs and the world was terrified.
So, anti-bacterial sprays, hand sanitiser and face masks became the number one thing on people’s shopping lists and the cleaning industry saw profits skyrocket. Businesses such as www.galleonsupplies.co.uk saw a huge boom in customers, as people frantically searched for hygiene products.
Truly, the industry has been changed forever by the pandemic as people have had their eyes opened to the cleanliness of our day-to-day lives.
With cold and flu season rapidly approaching, we can predict that these businesses will continue to benefit as people have a much different stance on hygiene than before the pandemic.
2. Remote Working Platforms
When you think of the lockdown, you can’t help but think of Zoom and Microsoft Teams.
When we were shut indoors, we turned to the digital world to keep us connected with work colleagues and continue with our jobs. So, Zoom and Microsoft Teams came to the rescue. In fact, Zoom actually saw a 326% increase in revenue due to the pandemic. A staggering figure, which clearly indicates the benefit that COVID had on remote working platforms.
Even now, in 2022, remote jobs are just as common as ones on site. Maybe the pandemic showed employers that people can just simply do their job from home from their sofa, and maybe it is here to stay.
3. DIY & Home Improvement
When you’re stuck inside your own four walls, you have to be creative. So, to pass the time, many of us looked at home improvement and how we could keep life interesting inside.
Whether it was painting your garden fence, or kitting out your bathroom with the latest gadgets, we all went a bit DIY crazy. With the growth of apps such as TikTok, people were more inclined to share their DIY projects online with hundreds of strangers, only boosting the industry more.
Consequently, the DIY and home improvement industry saw a 50% increase in year-on-year revenue. They are yet another industry that surprisingly gained a lot from the COVID-19 pandemic.
4. The Alcohol Industry
Despite bars and pubs having to close, the alcohol industry actually saw a lot of benefits from the COVID-19 pandemic. Alcohol is not only a regular enjoyment for most people but also a stress reliever.
With the scary climate of the pandemic, it is unsurprising that alcohol sales skyrocketed as people turned to it for some comfort and excitement.
5. Fitness Equipment
Does the name Chloe Ting make you shiver? That’s because everyone’s bodies were aching from doing her daily workouts during the pandemic.
Gyms are breeding grounds for germs, and thus they were one of the first things to be shut down in light of COVID.
Therefore, fitness equipment sales shot up as people were decking out their homes to be make-shift gyms. So, the fitness equipment industry hugely benefited from the pandemic and continues to do so as people have seen the advantages of at-home workouts.
6. Delivery & Courier Services
We heavily relied on the delivery and courier services industry during the pandemic. We had food, COVID tests and all those random things we ordered delivered straight to our doorsteps.
This happened for two reasons really, lack of options and the sheer boredom of being stuck inside with nothing to do.
For a long time, only the very essential shops were open i.e supermarkets. This meant that online shopping became the new norm for us all. The boredom that took over us naturally made us buy some… interesting things.
Tell me, have you used that Dehydrator you bought during the pandemic?
7. The Downloading & Streaming Industry
Whether you went crazy for Carole Baskin or enjoyed The Queen’s Gambit, streaming services were on everyone’s screens during the COVID-19 pandemic.
Netflix, Amazon Prime, NOWTV and Sky all saw a huge increase in users and subscriptions during the lockdowns as people binged their favourite shows to pass the time.
Will These Industries Continue To Boom?
Now that we appear to be out of the woods with the pandemic, the question is, will these industries continue to boom and stay on a high? Or was the pandemic its peak?
