Industries which have been affected from COVID-19 impact

COVID-19 is a disease caused by a coronavirus. It has over 5 million confirmed cases across the globe affecting over 216 countries till the date, as declared by WHO.


More than 100 vaccines are in various stages of development and testing. This process usually takes years. Till then we can reduce the chance of getting affected by the coronavirus through social distancing, personal hygiene measures, and avoiding contact with the infected person.  
But the industries are most severely impacted through this global pandemic. 

Here are Industries that are severely affected by the Coronavirus pandemic. 

1. Travel & Tourism 

The travel & tourism industry is severely affected by the coronavirus outbreak. With COVID-19 being a pandemic, people are  avoiding travel to different countries and cities, which has negatively impacted the travel business and has affected the tourism benefits of  the affected countries. 

  • Airlines are drastically cutting flights and flight rates as more people have decided not to fly during the outbreak. According to the International Air Transport Association (IATA), global airlines may lose  $113 billion in sales if the coronavirus continues to spread at this  pace. 
  • The U.S. airlines asked for over $50 billion in federal assistance due to the dramatic decrease in passenger traffic. 
  • At the end of the year, airlines can have an 11-19% loss in global passenger revenues, according to IATA. 

2. Retail & E-Commerce

  • Malls, shopping centers are temporarily shut down in effect to COVID-19. Also, since people distance themselves from social gatherings and crowded spaces, they prefer ordering their favorites or necessities  online. Similar is the case with the retail business. 
  • On the contrary, digital commerce businesses are trying to make the  most of this situation. Nevertheless, thriving in such an outbreak is still a challenging job for eCommerce businesses

3. Insurance:

  • The rise of coronavirus cases may end up with the demand for certain insurance types. As the COVID-19 virus continues to dominate the headlines, there is a hike in demand and awareness about insurance plans  for health and life coverage. 
  • The demand for life and health insurance policies has seen a jump of 35-40% on online insurance platforms in India. On the other hand, travel insurers have experienced a dip in the number of insurances due to travel restrictions. Depending upon the type of insurance that a company deals in, there are positives and negatives of the coronavirus pandemic on the insurance industry. 

4. Sports & Entertainment :

  • Disney and Universal Studios have planned to shut down several theme  parks as large gatherings may trigger the spread of the coronavirus. 
  • The NBA has suspended its season after a player was tested positive  for COVID-19. Also, Arsenal Football Club has placed its players in self-isolation and postponed the Manchester City game due to the coronavirus. 
  • Movie theaters are temporarily locked down in parts of India, amidst the COVID-19 spread.

5. Restaurant Industry:

  • One of the sectors worst affected by Covid-19 will be food services, estimated at Rs 4,23,865 crore in India. As brick-and-mortar businesses shut down, restaurants are struggling, but small efforts are afoot to salvage whatever they can.   
  • A restaurant in Delhi, for instance, is offering tickets against a future five-course meal paired with cocktails, in line with efforts internationally to keep businesses afloat. Others have taken to limited deliveries for people. However, with the growing fear of exposing the  staff to infection, many are shutting these down, too.

Well, Food is Something we can never compromise on!  
What kind of eating-out experiences will diners go back to, and what trends  will flourish as others die out? Here’s how dining as a business is likely to change in the post-COVID-19 world:  

  • Cleaner, Not Cheaper Food: The notoriously price-sensitive consumers may finally become more  mindful of quality ingredients grown in safe and sustainable ways, cooked by well-trained staff, and served in hygienic conditions.
  • Cooking at Home: Every  disaster carries with it the seeds of opportunity. There may be renewed interest in slow food, as something to be savored and created in personalized ways. People are already showing huge interest in sharing recipes, cooking tips, and pictures of home-cooked meals on social media. 
  • Rise of Premium Deliveries: The millennial and Gen Z consumers were showing preferences, not just for value-for-money meals but also enhanced “experiences” even in delivered food.

So If you want to hire a private chef, 

Then Book a Cook via COOX

For Bookings:


Call: 9004-044-234