Tag Archives: #COVID-19

COVID-19 affecting the food and beverage industry

The COVID-19 originates from China and then spread to high-income countries such as Italy, Iran, UAE, the US. Now, it has spread all across the globe including low-income developing countries of South Asia, Africa, and Latin America, where the supply chain of food was already weak. As per the United Nations, there were 820 million […]

UK Government Steps to Reinforce the Production of Ventilators Amid COVID-19 Outbreak

UK Ventilator Industry

UK government has been significantly working to strengthen the ventilators production in the light of the coronavirus epidemic in the country. As per the Worldometer, Italy ranked sixth in the total cases of coronavirus across the globe with 157,149 by 27th April 2020. As a result, the government has been taking steps to accelerate the […]

Shortage of Ventilators Amid COVID-19 Outbreak Impacting the US Ventilator Industry

US Ventilator Industry

As the US is facing a significant problem to manage the COVID-19 crisis, the demand for ventilators has emerged in the country. As per the Worldometer, on 27th April 2020, the new incidences of COVID-19 were 23,196 and 1,384 deaths reported. This growing number of coronavirus incidences has a significant impact on the US healthcare […]

Rising Demand for Online Mobile Games is Reflecting on the Growth of the Global Online Gaming Industry

Global Online Gaming Industry

Emerging preference for online mobile games has led to the growth of the global online gaming industry games. The online mobile games enable to offer a better experience of gaming to touch screen devices such as a tablet, smartphone, personal digital assistants (PDAs), portable media player and other such devices. Snake game was the first version […]

Growth in End-Use Industries Resulting in the Growth of the Global Metal Industry

Global Metal Industry

Growth in end-use industries, including automobile, construction, oil and gas, chemical, and medical equipment, has primarily led the adoption of metal products including ferrous and non-ferrous metals. Ferrous metals comprise carbon steel, alloy steel, wrought iron, and cast iron. These metals have better durability and tensile strength. Carbon Steel is used in the construction industry […]

Machinery Industry is Among the Major Driving Forces of Switzerland Economy

Switzerland Economy

Switzerland machinery industry is the most competitive in the world, particularly in the field of textile and printing industries. In 2015, the country was among the ten largest machinery exporters across the globe. As per the FDFA Communication, in 2015, more than 2,500 companies were working in machinery industry, which consists of major players including […]

Renewable Energy Sector is the key Force Behind the Growth of the Sweden Economy

Sweden Economy

Renewable energy is a major contributing sector to the growth of Sweden economy. As per the Eurostat, Sweden held the largest share of 54.6% in the EU renewable energy, followed by Finland (41.2%) and Latvia (40.3%) in 2018. Apart from their extensive utilization of hydropower, the forestry resources have made the countrywith potential share in […]

Economic Impact of COVID-19 on Latin America

Economic Impact of COVID-19 on Latin America

Coronavirus fears continue to spike across the globe, leaving its traits on every nation. The countries in Latin America have been hit hard by the COVID-19; however, later than several other countries, including the US and the European countries. Therefore, Latin America has a chance to work on immediate actions and level the curve of […]

Significant Industrial Production to Boost the Italy Economy

Impact of COVID-19 on Italy Economy

Italy was among the major countries with considerable value in the EU-28 industrial output in 2018. The country held approximately $2.1 trillion, which represented 2.4% of the world’s GDP in 2018. Iron and steel, food processing, textile, and automobile are some crucial manufacturing industries in the country. However, these industries have been facing a significant […]

Falling Oil Prices due to COVID-19 are Slowing the Economic Growth in Middle East Countries:

Impact of COVID-19 on Middle East Countries

Middle East countries such as the United Arab Emirates (UAE), Saudi Arabia, Iraq, and Kuwait majorly depend on oil prices for most of the government spending as well as social programs. The recent collapse of oil prices stirred by the COVID-19 pandemic is expected to contract the region’s economies this year as per by International […]

North America Cosmetic Industry is Fighting Against the COVID-19 Outbreak

North America Cosmetic Industry

The recent spread of COVID-19 has disrupted lives, livelihoods, communities, and businesses across the globe. In this Covid-19 pandemic, the North American cosmetic industry was impacted severely as well. The cosmetic industry consists of domains such as fragrances​, hair care​, makeup​, skincare​ , and toiletries products. Almost all of these segments are affected by the […]

The North America Aviation Industry Growth is Down During the COVID-19 Outbreak:

North America Aviation Industry

As the COVID-19 outbreak spread, a severe decline in demand across all entities has been observed. The aviation industry is one of the most impacted industries during this lockdown because of the Covid-19 pandemic. The airline industry is very crucial for the North American country’s economy and the recent ban on a domestic and international […]

Economic Impact of COVID-19 on the Consulting Industry

Consulting Industry

Every industry is surely going to get impacted with the outrun of coronavirus (COVID-19). The Every industry is surely going to get impacted by the outrun of coronavirus (COVID-19). The electronics industry, aviation industry, manufacturing industry, and others will get impacted by the setbacks from the coronavirus. Consulting is certainly not immune to such changes, […]

COVID-19 Pandemic to Disrupt the Chemical Industry

Chemical Industry

COVID-19 pandemic has spread in over 200 countries including the US and EU region which in turn is decline the market share of chemical industry. The spread of the COVID-19 pandemic has disrupted the global economy and severely jolted the developed and emerging economies. The outbreak of the COVID-19 has made the chemical industry under […]

Electronics Industry is under Pressure amid COVID-19 Pandemic Outbreak

Electronics Industry

Electronics industry holds a significant market share in the global trade. The outbreak of the COVID-19 has made the electronics industry under pressure owing to the logistics slowdown, city shutdowns, and unavailability of the workforce across the globe. China is the main center of the electronics industry’s supply chain, with the presence of organizations including […]

Stringent Environmental Regulations to Boost the Global Electric Vehicle Industry

Global Electric Vehicle Industry

A significant rise in the demand for electric vehicles (EVs) were reported globally owing to the stringent environmental regulations. In April 2015, the European Commission had voted to implement ‘real world’ Nitrogen dioxide and nitric oxide (NOx) emissions testing procedures in the automobile industry. This has shifted the focus of automobile manufacturers towards pollution reduction […]

Economic Impact of COVID-19 on the Video Conferencing Industry

Video Conferencing Industry

COVID-19 is disrupting the global economy and sternly impacting the health and lives of the people. The major economies that drive the global economy, such as the US, China, and UK,are under the fist of COVID-19. These economies have been driving the industrial sector growth since a long time; therefore, the effect of this pandemic […]

Economic Impact of COVID-19 on the Online Tutoring Industry

Online Tutoring Industry

Coronavirus (COVID-19) has plunged the world’s economy into pieces, with which the countries may step into a global recession. Manufacturing sector to aviation and hospitality sector, everything has been impacted by this pandemic disease. However, there are few sectors that might excel in this crisis, including the online tutoring industry, video conferencing industry, and healthcare […]

Growth in the Transportation Industry have Led the Demand for Oil Products

Oil Industry

Growth in transportation industry including airlines, road vehicles, and maritime are among the major users of fuel oil. As per the International Air Transport Association (IATA), the fuel bill of the global airline industry was anticipated to have valued nearly $188 billion in 2019 which accounted for nearly 23.7% of operating expenditures at an average […]

Economic Impact of COVID-19 on India

Economic Impact of COVID-19 on India

The world is facing an unprecedented crisis. The outbreak of one of the worst diseases in history, coronavirus (COVID-19) has taken place – affecting 195 countries and territories, three million people and more than 207,900 deaths till April 27, 2020. India has over 28,300 people and 866 mortalities registered for COVID-19 till date. India is […]

Economic Impact of COVID-19 on the Ventilators Industry

Ventilators Industry

The outbreak of coronavirus (COVID-19) has affected almost every industry, either positively or negatively. This major healthcare concern has put a serious impact on the healthcare sector, including the personal hygiene industry, healthcare equipment, and pharmaceutical industry. As COVID-19 targets lungs and certainly cause complications such as acute respiratory distress syndrome and pneumonia; therefore, the […]

Endgame: Essential Australian Government Announcement to Combat COVID-19

Impact of COVID-19 on Australia Economy

The number of people testing positive for COVID-19 in Australia is ramping up, which has a large impact on the Australian market. Despite relatively low deaths so far, the number of cases is likely to increase considerably over the next few weeks as emergency services become more strained. As preventive measures, the government has locked […]

Metal Industry is among the Major Contributors to the Growth of the Global Manufacturing Industry

Global Manufacturing Industry

The metal industry is one of the major industries that is encouraging the growth of the global manufacturing industry. The World Steel Association has estimated in April 2019 that the global steel demand will reach 1,735 million tons in 2019, which represents an increase of 1.3% from 2018. China has the largest share in the […]

Coronavirus Downturn to Negatively affect Ride Sharing Industry

Ride Sharing Industry

AS most of the peoples are advised to stay at home to prevent the spread of the COVID-19, therefore, impact the use of cabs and taxis across the globe further affected the ride sharing market. As per the latest data by the WHO on 25thApril 2020, the Coronavirus cases are accounted for nearly 2.6 million […]

Economic Impact of COVID-19 on the E-commerce Industry

E-commerce Industry

It is expected that COVID-19, social distancing and staying home will boost the e-commerce industry growth. However, it is also projected that the uncertain consumer demand and supply chain issues further impact the e-commerce industry. As per the latest data by the WHO on 25thApril 2020, the Coronavirus cases are accounted for nearly 2.6 million […]

Economic Impact of COVID-19 on the Contactless payment Industry

Contactless payment Industry

The contactless payment is being adopted rapidly in retail stores and the BFSI sector as the COVID-19 disease spread across the globe. According to the World Health Organization (WHO), the cash could be a cause to spread COVID-19, the Coronavirus disease, so the contactless payment industry such as smartcards and smart devices are better options […]

Economic Impact of Coronavirus Downturn in France

France Economy

The economic uncertainty in France be seen to have grown more abruptly than concerns relating to the level of risk posed by the coronavirus. According to the WHO, France recorded 1,19583 confirmed cases of COVID-19 till April 25, 2020 and 21,823 mortalities due to COVID-19 in the country. The fear regarding businesses and employment have […]

Economic Impact of COVID-19 in Japan

Economic Impact of COVID-19 in Japan

The economic uncertainty in Japan is seen to have grown more abruptly than concerns relating to the level of risk posed by the coronavirus. According to the WHO, Japan recorded 12,388 confirmed cases of COVID-19 till April25, 2020, and 317mortalities due to COVID-19 in the country. Most industries that are impacted due to corona outbreak […]

European Airline to Struggle amid COVID-19 Spread

European Aviation Industry

The spread of COVID-19 has leaded the aviation industry of Europe in a hard struggling situation. The major economies of the European region including Spain, Italy, and Germany have witnessed more than 100,000 cases and as per trend, France will also reach this mark soon. With the spread of COVID-19 pandemic, the air travel of […]

Impact of COVID-19 on Construction Equipment Industry

Construction Equipment Industry

The COVID-19 pandemic spread has made a threatening impact on the construction equipment industry. The wide city lockdown in various countries has resulted into a sudden halt in the building and construction industry all across the globe. With this the demand for new construction equipment including backhoe, loader, excavator, and grader among others got hurtled. […]

Impact of COVID-19 on the Construction Industry

Construction Industry

The construction industry involves the construction of residential & commercial buildings, industrial construction, and heavy and civil engineering constructions. The construction industry is one of the largest job creators all across the globe. Period from March-June is considered appropriate for high productivity of the construction activities due to halting of construction activities in monsoon season. […]

Economic Impact of COVID-19 on the Aviation Industry

Aviation Industry

Aviation industry is the first industry to get a direct threatening impact of the COVID-19 pandemic spread. As the cases increased in China in January, most of the major aviation companies started decreasing their domestic as well as international flights. With this, most of the international carriers cancelled their service in mainland China at least […]

Novel Coronavirus Docked the Cruise Ship Industry

Global Cruise Industry

The cruise industry is one of the fastest-growing leisure travel industry across the globe. As per the Cruise Lines International Association (CLIA), the cruise industry valued for $150 billion in 2018. According to the estimation of the organization, the industry tends to exhibit an exponential growth in the number of passengers over the next decade, […]

Hygiene Products Industry will Flourish During the Covid-19 Pandemic

Hygiene Products Industry

The hygiene product industry is experiencing considerable growth in the market since the Covid-19 outbreak in 2019. The use of hygiene products such as soaps, handwash, and sanitizers has surged significantly in recent times. The hygiene products fall under the essential services hence the manufacturing units are working continuously to meet the demand of the […]

Canadian government announced to a relief package of $75 billion to fight with COVID-19

As the COVID-19 pandemic triggered in Canada, the economic activities started to slow down in the country. By the end of March 2020, the country has registered nearly 9,700 cases and around 130 mortalities due to the pandemic. Even the wife of Canadian Prime Minister tests positive for coronavirus. The government has issued strict social-distancing […]

Israel government unveiled a program of $22.3 billion to fight with the coronavirus

As the coronavirus has spread out all across the world, Israel is no exception. The country has registered more than 6,800 cases and 36 mortalities due to the dangerous virus. Due to this, on March 30, 2020, the Prime Minister of the country has announced an economic program of $22.3 billion (80 billion shekel) to […]

Austria witnessing one of the highest rates of COVID-19 in Europe

The landlocked East Alpine country of Eastern Europe, Austria has registered around 11,000 cases and around 160 mortalities due to COVD-19 till the start of April 2020. In the country with a population of around nine million people, the rate of COVID-19 incidence cases is near to 1,200 cases per million people. Only Italy, Spain, […]

COVID-19 outbreak in South Korea and how the country is dealing with the pandemic spread

South Korea is one of the technologically advanced nations and the 12th largest economy by nominal GDP across the globe. The country is a global leader in several technology and innovation-driven fields and is the 5th largest exporter and 8th largest importer globally. Bloomberg Innovation Index named South Korea as the world’s most innovative country […]

Global consumer electronics industry facing crisis due to COVID-19 outbreak

The recent outbreak of the deadliest coronavirus (COVID-19) from Wuhan province of China has multiple effects on the various industries, including consumer electronics, across the globe. The epidemic has stapled the global consumer electronics industry from suppressing demand to hitting the production of parts and subsystems. The smartphone segment was expected to witness lucrative growth […]

Analysis of the impact of COVID-19 on the global automotive industry

Amidst the global economic downturn and the China-US trade war, the global automotive industry is looming more than ever before. While the industry has not recovered from these factors, it has hit hard by the recent outbreak of the COVID-19 epidemic across the globe. Economies across the globe are experiencing a perilous trade impact on […]

India Undergoes Complete Lockdown for 21 Days

Total number of confirmed cases of coronavirus in India has crossed the 500-mark New coronavirus cases reported in Madhya Pradesh and Uttar Pradesh Death toll in India mounts to 10 after man from Tamil Nadu dies In an unprecedented move, the Prime Minister Narendra Modi complete lockdown of India for 21 days to fight coronavirus […]