5 Industries Reaching the New Skyhigh After COVID-19 Restrictions Removal
By Space Coast Daily // October 7, 2021
After a tormenting experience of pandemic and undergoing the brouhaha that broke us down, we are here – walking past the barren land – to stand in glory. The decision to finally lift the COVID-19 restriction felt like winning another battle of life – we all wanted to jump in excitement.
But, this is a well-deserved triumph by the ones that made it possible. Healthcare workers, essential service professionals, and the businesses who kept the supply chain active were the real heroes without the cape.
The decision to eliminate restrictions was truly rewarding to these businesses looking for revival. Health and safety is an important aspect for the safety of customers and employees. Many businesses are prioritizing this aspect in their operation.
An increased focus is however laid on winning new customers. Events are at the heart of this strategy for almost every industry. And time to come would witness an outburst of events aimed at repositioning existence in the market.
As business signage professionals say, signs and backdrops are among the must-have attributes in event planners’ lists. The experts also add that with the comeback of events there’s been a considerable boost in event signage orders.
The sudden jump in the event sector is an apparent sign of elevating consumer confidence and increased trust in business services. It has already started to reflect in the growth of industries are generating exponential profits as things get back to normal. Scroll down to find about the industries that are on the new sky-high of profits:
■ Travel & Leisure
The arrival of the pandemic prompted people to put a halt to travel and leisure activities. It was necessary as a safety measure to avoid contact and in-person communication. As the travel & leisure industry hinges on these customers for operations, missing customers from the scene plummeted the growth and revenue of the businesses to be almost dead – affecting almost 100 million people in the industry.
This is much of due to restrictions on air, land, and water travel by the government. This is not a situation to wary – but – a period and a chance for leaders in the industry to explore ways to make travel safer for people and the employees. It would be a new start and shift for progressive ways to tackle pandemics like this in the future.
The idea is reinforced by concepts like virtual tours, contactless travel, and digital health passports coming to the fore. As the industry bounces back after restriction ease off in phases and lifted finally, the tourism industry is bound to witness a boom in local and domestic travel.
This boom would create more opportunities for travel and people who dwell on the industry for a living. A report by CNBC validated the upsurge the industry is experiencing as people seek opportunities to spend quality time solo or with family.
The events industry encompasses another big pool of businesses that faced heat in the aftermath of the pandemic. As COVID-19 drifted into lives personal and professional events become obsolete. Normal ceremonies were replaced by Virtual weddings and professional events saw a new face in the form of virtual pivoting into action.
But events are not just about connecting and communicating, they are about experiences, memories, and a chance to build communities. It is why innovative ideas such as Hybrid events could be the future events alongs with changes and habits induced by the pandemic. Events are back with a more careful approach and a vision in sight. And most events are closely monitored and assisted with onsite testing and safety measures.
The retail industry is driven by consumer and consumer demand. During the pandemic, retail stores and channels saw an immediate need to shift to a digital model to keep the businesses functioning. The businesses with resources and determination to survive and adapt thrive and others fall prey to circumstances.
The future for retail is all about reimagining, remodeling, and rebuilding the business models. And, finding ways to make a more resilient business framework that is insulated to crises like this and the future.
Ecommerce is a solution but it is not the only way to play. We have to rethink about supply chain, storage, distribution, and deliveries as a whole. It is already started to have happened as the shift to contactless shopping, redesigning retail journey, embracing end-to-end supply chain models, and last-mile manufacturing.
Almost a year and a half bygone, the education sector is started to welcome back students and toddlers who have been playing around the screen to learn and communicate ideas. Creativity was framed and thinking out of the box is always felt to be inside the box.
Nevertheless, the education sector is not only about schools, colleges, & universities but it is also about training institutions that make it possible for the new generation to learn and master new skills. Post pandemic period would unravel a new chapter for the sector.
Some even believe it will change how we educate completely. But, it is just a matter of time, when we see new education models like ed-tech and virtual classes act as a new breeding ground for schools, academics, and skill learning.
Fitness during the COVID-19 was all about in-house workouts and casual training. The fitness industry and professionals were significantly impacted by the lockout period. At the end of this dark tunnel, now the industry is ramping up to pick the lost momentum.
The new marks the beginning of a sudden incline in the fitness segment combined with the inclusion of tech and innovation. The market is already creating new opportunities in form of new motion training, diet, fitness gears, and fitness equipment providers.
■ In a Nutshell
How we live, survive, and flourish on the planet has changed dramatically. The future is for those who evolve and adapt. Our economies and businesses are no different, industries are a clear manifestation of our aspirations and determination to stay stronger no matter how stressful and challenging the situations are.
Going forward, it would be critical to reimagine and recreate the learning we soaked in the period and help that in making our future sustainable and resilient.