As employers and employees both battle against the wave of uncertainty and chaos that the COVID-19 outbreak has brought to our shores, many businesses are suffering the worst economic downturn since the Great Depression of the 1930s.
With shares in video conferencing platforms like Zoom almost doubling in worth since January, it’s important to focus on the silver linings and remain positive. With this in mind, Business Leader investigate 3 unexpected businesses that are faring better than others during the worldwide lockdown.
1. SEXTECH STARTUPS AND SEX TOY COMPANIES
Valued at $30bn, the stress-relieving sextech industry has exploded over the last few months. Experiencing massive spikes in online orders, from vegan condoms to erotic audio apps, online pornography to AI sex toys, the demand for toys, apps and services is stronger than ever. Catering to those with idle hands and minds, initial predictions that the industry will grow to $122bn by 2026 may need revision. With stiff competition for the next big sexual wellness product, do you have the balls to invest in sextech?!
