While the coronavirus, or COVID-19, may have disrupted global economies, not all sectors are suffering. In fact, some sectors are expected to come out on top due to changing consumer behaviour during self-isolation.
One such sector is ecommerce, with online sales growing
With growing numbers of people choosing to self-isolate to hamper the spread of COVID-19, demand for streaming services is on the rise, with people turning to Netflix, Amazon Prime, Disney Plus and more for entertainment as they wait out the pandemic.
While some consumers are battling for basic goods in the supermarkets, wise investors are considering the opportunity of investing in basic consumer staples such as clothes, water, food, hygiene products and household chemicals, during these troubling times.