Economic Forecast: Sectors Which Are Not Experiencing the Crisis

Economic Forecast: Sectors Which Are Not Experiencing the Crisis

For many people, the past year and the Covid-19 crisis rhyme with job loss, short-time working, declining income, bankruptcies, and financial difficulties. But not all sectors of activity have suffered from this unprecedented health and economic crisis. Some have even taken advantage of successive lockdowns and multiple restrictions, seeing their sales driven by exponential growth. Whether they belong to sectors that are essential in the fight against the epidemic or whether they have simply been successful, here is a quick overview of these small and large companies that are not experiencing the crisis.

Online Casinos Thrill Gamers

The success of casinos is no longer to be dismissed. These play areas have only evolved and been brought up to date. The evolution of the latter was marked by the advent of the Internet and the development of gaming software in the late 1970s, which encouraged developers to introduce online gambling, so that they could finally be regularized during the 1990s. Since then, the number of punters in the world has continued to increase, as well as the stakes which reached a total of 2,000 euros per person per year in France, according to the INSEE which estimates their rate of change is 76% between the year 2000 and the year 2012. The Covid-19 lockdown has benefited the sector which has pushed players into playing the best casino games and therefore, to go to platforms which offer more diverse catalogues of games, including varieties of slot machines, baccarat, blackjack and roulette, implying a considerable increase in the number of online bettors.

E-commerce Is In Excellent Health

This is no surprise to anyone: the e-commerce sector is arguably one of the big winners of the past year. The so-called “non-essential” physical stores having been forced to close for several months, many consumers have switched to online purchases, and this has remained a habit for some. According to the Federation of e-commerce and distance selling, the sale of products on the internet has benefited market giants like Amazon, but also physical stores: online sales of brands have increased on average by 53% for the whole of 2020. The great growth of e-commerce has also contributed to increasing the turnover of carriers. DHL Express, the world leader in international express transport, which handled in England in 2020 a total of 42 million parcels, an increase of + 6.5% compared to 2019. The company indicates in a press release that it expects 45 million for 2021, and intends to recruit 450 new employees, or as many as in 2020.

Hot Shot for Sex Toys

This is a more unexpected effect of the health crisis: sales of sex toys have exploded. With the distance imposed on couples by travel restrictions and the inability to date nightlife for singles, many have taken the plunge. Berlin-based band Wow have sold over 4 million copies of their popular clitoral stimulator Womanizer“. In one year, sales have tripled worldwide. Ditto for the brand of the same group, “Se Vibe”, which markets connected sex toys for couples. There, the increase is 40% of sales in one year in the world.

Having Your Own Swimming Pool, a New Accessible Luxury

Some have indulged in a swimming pool! The construction of private swimming pools has indeed posted very good figures in the world and in France. The sector grew by 11% in 2020, or 60,000 underground swimming pools built in one year in France. “It was a very big year and a very big surprise,” confirms Stéphane Figueroa, president of the Federation of pool and spa professionals. “We’ve inevitably suffered challenges to satisfy the demand because we did not expect it”. The desire to enjoy their garden with the family and the desire to make an investment to improve their habitat. Not to mention that affording a swimming pool has become an accessible luxury.