According to recent estimates, the most affected sectors by the coronavirus pandemic in Latin America would be wholesale and retail trade as well as services in general, such as tourism, foodservice, transport, and communications. In 2020, this group of most affected sectors was forecasted to represent more than 16 percent of Brazil’s gross domestic product (GDP). Among the countries shown in this graph, Brazil is the nation where sectors moderately affected by the pandemic could represent the highest contribution to GDP (75.8 percent).

Which Latin American economies were most vulnerable to the pandemic? In 2020, the economic sectors most affected by the coronavirus pandemic - wholesale and retail, hotels and restaurants, transport and services in general - were forecasted to account for 35.5 percent of Panama’s GDP. In addition, the moderately and most affected economic segments were estimated to contribute the most to Panama’s GDP (a combined 97.6 percent) than any other country in this region. A similar scenario was projected in Mexico, where the sectors that would least suffer the pandemic's negative effects would account for only 3.4 percent of GDP.

Did the pandemic put a stop to economic growth in Latin America? Economic growth changed dramatically after the COVID-19 outbreak. Most of the largest economies in Latin America fell under recession in 2020. Estimates predict a more optimistic scenario for 2021, with countries such as Mexico, Colombia, and Argentina growing their GDP at least five percent.

The outbreak of COVID-19, also known as novel coronavirus, is impacting almost all industries and sectors worldwide. Two of the most impacted sectors are manufacturing and travel & transportation. Both sectors are set to be severely impacted by coronavirus pandemic.

The impact is ranked on a 5-point scale from minor impact to severe impact:

1 - minor impact

2 - moderate impact

3 - significant impact

4- major impact

5 - severe impact

The only industries that registered a positive change in the GDP in the 2nd quarter of 2020 compared to the 1st quarter, were health services, and public administration and defense. In contrast, the most affected industry by the coronavirus (COVID-19) pandemic in Romania was tourism and hospitality, followed by culture and arts. However, by the 3rd quarter of 2020, all the industries apart from education, agriculture, and public administration and defense, registered a positive change in GDP.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

This 6MB download is a zip file containing 5 pdf documents and 2 xlsx spreadsheets. Presentation on COVID-19 and the potential impacts on employment

May 2020Waka Kotahi wants to better understand the potential implications of the COVID-19 downturn on the land transport system, particularly the potential impacts on regional economies and communities.

To do this, in May 2020 Waka Kotahi commissioned Martin Jenkins and Infometrics to consider the potential impacts of COVID-19 on New Zealand’s economy and demographics, as these are two key drivers of transport demand. In addition to providing a scan of national and international COVID-19 trends, the research involved modelling the economic impacts of three of the Treasury’s COVID-19 scenarios, to a regional scale, to help us understand where the impacts might be greatest.

Waka Kotahi studied this modelling by comparing the percentage difference in employment forecasts from the Treasury’s three COVID-19 scenarios compared to the business as usual scenario.

The source tables from the modelling (Tables 1-40), and the percentage difference in employment forecasts (Tables 41-43), are available as spreadsheets.

Arataki - potential impacts of COVID-19 Final Report

Employment modelling - interactive dashboard

The modelling produced employment forecasts for each region and district over three time periods – 2021, 2025 and 2031. In May 2020, the forecasts for 2021 carried greater certainty as they reflected the impacts of current events, such as border restrictions, reduction in international visitors and students etc. The 2025 and 2031 forecasts were less certain because of the potential for significant shifts in the socio-economic situation over the intervening years. While these later forecasts were useful in helping to understand the relative scale and duration of potential COVID-19 related impacts around the country, they needed to be treated with care recognising the higher levels of uncertainty.

The May 2020 research suggested that the ‘slow recovery scenario’ (Treasury’s scenario 5) was the most likely due to continuing high levels of uncertainty regarding global efforts to manage the pandemic (and the duration and scale of the resulting economic downturn).

The updates to Arataki V2 were framed around the ‘Slower Recovery Scenario’, as that scenario remained the most closely aligned with the unfolding impacts of COVID-19 in New Zealand and globally at that time.

Find out more about Arataki, our 10-year plan for the land transport system

May 2021The May 2021 update to employment modelling used to inform Arataki Version 2 is now available. Employment modelling dashboard - updated 2021Arataki used the May 2020 information to compare how various regions and industries might be impacted by COVID-19. Almost a year later, it is clear that New Zealand fared better than forecast in May 2020.Waka Kotahi therefore commissioned an update to the projections through a high-level review of:the original projections for 2020/21 against performancethe implications of the most recent global (eg International monetary fund world economic Outlook) and national economic forecasts (eg Treasury half year economic and fiscal update)The treasury updated its scenarios in its December half year fiscal and economic update (HYEFU) and these new scenarios have been used for the revised projections.Considerable uncertainty remains about the potential scale and duration of the COVID-19 downturn, for example with regards to the duration of border restrictions, update of immunisation programmes. The updated analysis provides us with additional information regarding which sectors and parts of the country are likely to be most impacted. We continue to monitor the situation and keep up to date with other cross-Government scenario development and COVID-19 related work. The updated modelling has produced employment forecasts for each region and district over three time periods - 2022, 2025, 2031.The 2022 forecasts carry greater certainty as they reflect the impacts of current events. The 2025 and 2031 forecasts are less certain because of the potential for significant shifts over that time.

Data reuse caveats: as per license.

Additionally, please read / use this data in conjunction with the Infometrics and Martin Jenkins reports, to understand the uncertainties and assumptions involved in modelling the potential impacts of COVID-19.

COVID-19’s effect on industry and regional economic outcomes for NZ Transport Agency [PDF 620 KB]

Data quality statement: while the modelling undertaken is high quality, it represents two point-in-time analyses undertaken during a period of considerable uncertainty. This uncertainty comes from several factors relating to the COVID-19 pandemic, including:

a lack of clarity about the size of the global downturn and how quickly the international economy might recover differing views about the ability of the New Zealand economy to bounce back from the significant job losses that are occurring and how much of a structural change in the economy is required the possibility of a further wave of COVID-19 cases within New Zealand that might require a return to Alert Levels 3 or 4.

While high levels of uncertainty remain around the scale of impacts from the pandemic, particularly in coming years, the modelling is useful in indicating the direction of travel and the relative scale of impacts in different parts of the country.

Data quality caveats: as noted above, there is considerable uncertainty about the potential scale and duration of the COVID-19 downturn. Please treat the specific results of the modelling carefully, particularly in the forecasts to later years (2025, 2031), given the potential for significant shifts in New Zealand's socio-economic situation before then.

As such, please use the modelling results as a guide to the potential scale of the impacts of the downturn in different locations, rather than as a precise assessment of impacts over the coming decade.

The outbreak of coronavirus in Poland will significantly reduce labor demand. According the source, bankruptcies of companies, dismissals of employees, the need to take care of children due to closed educational institutions, and limited possibilities of remote work in some sectors have a direct impact on the labor market during the pandemic. In total, nearly 4.2 million people work in industries strongly exposed to the economic consequences of the lockdown. Of this figure, three million are employed, and just over one million are business owners and co-owners. More than half of the jobs at risk are in the trade.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

A survey on small and medium enterprises (SMEs) in Thailand in 2021 found that around 61.6 percent of SMEs experienced less income from the COVID-19 pandemic. SMEs are considered one of the most important business sectors in Thailand, contributing a large part to the country's exports and GDP.

 A country driven by small and medium businesses 

SMEs have been regarded as one of the most significant drivers of the Thai economy and contributes to around half of the country’s GDP. Despite being large in numbers, SMEs in Thailand still have limitations in terms of business infrastructure. The government has realized this and thus created the Office of SMEs Promotion as an effort to ease business operations for SMEs. The continuous governmental support and the increased accessibility of starting a business has then led to a substantial increase in SMEs, thus contributing to a stable growth in GDP, especially for the industry and services sector.

 The economic effect on SMEs of COVID-19 

 The COVID-19 pandemic has undeniably affected many SMEs in Thailand. The pandemic has first limited the flow of tourism which then led to a chain effect that disturbed other core sectors. Additionally, stringent government policies towards the pandemic have also directly affected the survivability of SMEs, leading to many businesses being shut down as well as many workers being laid-off. However, private efforts from the businesses itself have managed to sustain its operations for some businesses. One of the most effective practices include finding additional channels of income, especially adapting to online channels.

The economic landscape of the United Kingdom has been significantly shaped by the intertwined issues of Brexit, COVID-19, and their interconnected impacts. Despite the country’s robust and diverse economy, the disruptions caused by Brexit and the COVID-19 pandemic have created uncertainty and upheaval for both businesses and individuals. Recognizing the magnitude of these challenges, academic literature has directed its attention toward conducting immediate research in this crucial area. This study sets out to investigate key economic factors that have influenced various sectors of the UK economy and have broader economic implications within the context of Brexit and COVID-19. The factors under scrutiny include the unemployment rate, GDP index, earnings, and trade. To accomplish this, a range of data analysis tools and techniques were employed, including the Box-Jenkins method, neural network modeling, Google Trend analysis, and Twitter-sentiment analysis. The analysis encompassed different periods: pre-Brexit (2011-2016), Brexit (2016-2020), the COVID-19 period, and post-Brexit (2020-2021). The findings of the analysis offer intriguing insights spanning the past decade. For instance, the unemployment rate displayed a downward trend until 2020 but experienced a spike in 2021, persisting for a six-month period. Meanwhile, total earnings per week exhibited a gradual increase over time, and the GDP index demonstrated an upward trajectory until 2020 but declined during the COVID-19 period. Notably, trade experienced the most significant decline following both Brexit and the COVID-19 pandemic. Furthermore, the impact of these events exhibited variations across the UK’s four regions and twelve industries. Wales and Northern Ireland emerged as the regions most affected by Brexit and COVID-19, with industries such as accommodation, construction, and wholesale trade particularly impacted in terms of earnings and employment levels. Conversely, industries such as finance, science, and health demonstrated an increased contribution to the UK’s total GDP in the post-Brexit period, indicating some positive outcomes. It is worth highlighting that the impact of these economic factors was more pronounced on men than on women. Among all the variables analyzed, trade suffered the most severe consequences in the UK. By early 2021, the macroeconomic situation in the country was characterized by a simple dynamic: economic demand rebounded at a faster pace than supply, leading to shortages, bottlenecks, and inflation. The findings of this research carry significant value for the UK government and businesses, empowering them to adapt and innovate based on forecasts to navigate the challenges posed by Brexit and COVID-19. By doing so, they can promote long-term economic growth and effectively address the disruptions caused by these interrelated issues.

The Scottish economy, such as the United Kingdom (UK) economy, has been exposed to several adverse shocks over the past 5 years. Examples of these are the effect of the United Kingdom exiting the European Union (Brexit), the effects of the COVID-19 pandemic, and more recently Russia–Ukraine war, which can result in adverse direct and indirect economic losses across various sectors of the economy. These shocks disrupted the food and drink supply chains. The purpose of this article is 3-fold: (1) to explore the degree of resilience of the Scottish food and drink sector, (2) to estimate the effects on interconnected sectors of the economy, and (3) to estimate the economic losses, which is the financial value associated with the reduction in output. This article focuses on the impact that the sudden contraction that the “accommodation and food service activities”, resulting from the pandemic, had on the food and drink sectors. For this analysis, the study relied on the dynamic inoperability input–output model (DIIM), which takes into account the relationships across the different sectors of the Scottish economy over time. The results indicate that the accommodation and food service sector was the most affected by the COVID-19 pandemic lockdown contracting by approximately 60%. The DIIM shows that the disruption to this sector had a cascading effect on the remaining 17 sectors of the economy. The processed and preserved fish, fruits, and vegetable sector is the least resilient, while preserved meat and meat product sector is the most resilient to the final demand disruption in the accommodation and food service sector. The least economically affected sector was the other food product sector, while the other service sector had the highest economic loss. Although the soft drink sector had a slow recovery rate, economic losses were lower compared to the agricultural, fishery, and forestry sectors. From the policy perspective, stakeholders in the accommodation and food service sector should re-examine the sector and develop capacity against future pandemics. In addition, it is important for economic sectors to collaborate either vertically or horizontally by sharing information and risk to reduce the burden of future disruptions. Finally, the most vulnerable sectors of the economy, i.e., other service sectors should form a major part of government policy decision-making when planning against future pandemics.

IBISWorld has looked at which UK regions have received the most financial support since the outbreak of COVID-19, assessing the reasons why.

As per recent data from the March 2020 survey, 40 percent of the global electronics manufacturers and suppliers surveyed reported they believed that consumer electronics were likely to be the most impacted industry due to the coronavirus (COVID-19) outbreak. A further 24 percent of respondents claimed they expected industrial electronics to be most impacted, with 19 percent suggesting that the automotive electronics segment would be hardest hit.

The size of the Impact of Covid-19 on the Oilfield Services Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of XXX% during the forecast period. The COVID-19 pandemic significantly impacted the oilfield services industry, causing a sharp decline in demand for oil and gas due to reduced global economic activity, travel restrictions, and lower energy consumption. This led to decreased exploration and production activities, as well as a drop in oil prices, which affected the profitability of oilfield service companies. Many operators faced financial challenges, resulting in delayed or canceled projects, workforce reductions, and postponed investments in new technologies. The industry also experienced disruptions in supply chains, limited access to offshore and remote drilling sites, and a slowdown in the development of new fields. However, the pandemic also accelerated the adoption of digitalization and remote monitoring technologies in the sector as companies sought ways to reduce costs and improve operational efficiency in a challenging environment. The market growth is primarily attributed to the increasing demand for oilfield services due to the rising global energy demand, coupled with the growing exploration and production activities in remote and challenging environments. Additionally, the adoption of advanced technologies and the need for improved operational efficiency further drive market expansion.

The Covid-19 pandemic has affected all sectors; from economy to culture, education and the critical issue of health.The treatment of a country's press can be a good indicator of the concerns and interests of its citizens. This data is extracted from the Factiva database from March 13 2020 to April 14. The data consists of the number of documents published during the indicated period of time from different perspectives: media, subject, industry, region and author.T

Covid-19 pandemic has influenced almost every sector in a negative way and hardly any industry has remained uninfluenced by the pandemic. The corona virus crisis has led to act people in a different way which created havoc among the living beings. Globally the education sector is among the most effected one’s ever since the inception of the virus. Schools, Colleges and Universities were shut down in no point of time after the virus affected severally in India and therefore the idea about social distancing has to be maintained since it is one of the measures to combat the virus from spreading. The concept of online education was then effectively applicable since studies should be continued and there should be no loses due to closure of educational institutions. There is always a problem to start something new and the idea about online education for the educational institutions was new which affected both the teachers and the students, where they have to handle a completely new medium of infrastructure, tools and techniques. Students are the future of any economy, and the sudden disruption will definitely affect them in the short or long term. Therefore, based on the social significance of the study, the researcher tried to conduct the study on the basis of primary survey through Google forms to understand the perception and preference of students towards online education among different age groups in the phase of the pandemic. Non-parametric test has been used to study the perception and preference among different age groups of students and based on the results, logical conclusion along with recommendations have been given by the researcher.

In 2020, global gross domestic product declined by 6.7 percent as a result of the coronavirus (COVID-19) pandemic outbreak. In Latin America, overall GDP loss amounted to 8.5 percent.

According to Cognitive Market Research, the global Area Scan Camera for the Industrial market will be USD XX billion in 2023. It will expand at a compound annual growth rate (CAGR) of 9.00% from 2023 to 2030.

The demand for Area Scan Camera for Industrials is rising due to the rising adoption in healthcare & life sciences.
Demand for CMOS remains higher in the Area of Scan Cameras for the Industrial market.
The manufacturing category held the highest Area Scan Camera for Industrial market revenue share in 2023.
North American Area Scan Camera for Industrial will continue to lead, whereas the European Area Scan Camera for Industrial market will experience the most substantial growth until 2030.

New Product Launches to Provide Viable Market Output

The new product launches are influencing the growth of the market. They are driven by the increasing demand for high-resolution imaging, real-time inspection, and automation in manufacturing processes. These cameras offer enhanced accuracy, speed, and reliability, catering to diverse industrial applications such as quality control, defect detection, and production monitoring. Key drivers include the growing emphasis on Industry 4.0, the rising need for precise measurement in manufacturing, and the pursuit of operational efficiency. Integrating cutting-edge features, such as artificial intelligence and machine learning, propels these cameras as indispensable tools for optimizing industrial operations and ensuring superior product quality.

For instance, in June 2021, Teledyne DALSA announced the launch of a new range of line cameras designed for machine vision applications in 4K and 2K resolutions.

Source-www.teledynedalsa.com/en/news/newsroom/new-high-performance-5gige-multispectral-line-scan-camera-from-teledyne-extends-vision-capability/

Market Dynamics of the Area Scan Camera for the Industrial Market

High Initial Cost to Restrict Market Growth

The high initial cost hinders the market growth. The substantial upfront investment required for acquiring and implementing these advanced imaging systems poses a financial challenge for many businesses. It includes expenses related to camera procurement, installation, and integration with existing industrial setups. The burden of these initial costs may deter potential adopters, particularly smaller enterprises with budget constraints, from embracing this technology. Despite the potential long-term benefits, such as increased efficiency and quality control, the formidable entry barrier of high upfront expenses hinders the widespread adoption of area scan cameras in the industrial sector.

Impact of COVID–19 on the Area Scan Camera for the Industrial Market

The COVID-19 pandemic affected the Area Scan Camera for Industrial market significantly. The lockdowns led to a temporary slowdown in manufacturing activities, affecting the demand for industrial vision systems. However, as industries adapted to new norms and increased automation for operational efficiency, the area scan camera market witnessed a recovery. The pandemic increased the adoption of Industry 4.0 practices, boosting the integration of advanced imaging technologies in industrial processes. Despite initial setbacks, the market demonstrated resilience, with manufacturers prioritizing smart and connected solutions to enhance productivity and quality control in the post-pandemic landscape. What is Area Scan Camera for the Industrial?

An industrial area scan camera captures images of a specified area for manufacturing quality control and process monitoring. It ensures precision by systematically scanning surfaces and detecting defects or irregularities. This technology enhances production efficiency and product quality in diverse industrial applications, promoting streamlined and reliable manufacturing processes. The increasing automation and the implementation of Industry 4.0 practices, growing emphasis on quality control and inspection in manufacturing processes, rising demand for machine vision systems, ongoing advancements in camera technology, integration in robotics & automated guided vehicles, growth in electronics manufacturing, expansion of automotive industry, rising adoption in healthcare & life sciences and integration with deep learning are the major factors influencing the growth of the Area Scan Camera Market.

For instance, in May 2022, Allied Vision T...

This free white paper from IBISWorld's Chief Economist and contributors covers four main topics that are affecting commercial banks during the COVID-19 pandemic.

Covid-19 has severely impacted employment opportunity and earning potential for workers in Cambodia's garment and footwear sector. Manifesting initially as an economic crisis, the impacts of manufacturing shutdowns and consumer lockdowns around the world slowed the garment sector's output. This led to employment suspensions and terminations affecting hundreds of thousands of workers in Cambodia alone.

For two years, the ReFashion study has uniquely tracked the impacts of the pandemic on a cohort of 200 female workers in Cambodia, from January 2020 through to December 2021. The study combines a quantitative survey of female workers to measure monthly trends in employment, household finances, and wellbeing, with qualitative interviews to explore emergent themes in greater depth. Each of these components is repeated with the same cohort of participants at strategic intervals. The research methods are designed to capture an in-depth and long-term understanding of women workers' lives through the pandemic.

Our findings indicate that the COVID-19 pandemic has exacerbated a crisis of over-indebtedness for workers in the garment industry, with severe consequences for the short and long-term health and wellbeing of workers and their families. Over-indebtedness is reached when a credit borrower 'is continuously struggling to meet repayment deadlines and has to make unduly high sacrifices related to his or her loan obligations'.

Even before the COVID-19 pandemic, credit borrowing had become commonplace among low-income households in Cambodia, which has one of the largest microfinance industries in the world in terms of borrowers per capita. This widescale borrowing enables households to temporarily deal with the lack of social protection and public services in the country, allowing them to meet costs of health care and invest in housing in times of urgent need. High levels of borrowing by garment workers specifically, as evidenced in the ReFashion study, indicate that flagship efforts to foster 'Decent Work' in the garment sector in Cambodia have not precluded the need for some workers to take on significant loans to supplement their low wages and fill the gaps in social protection provision.

During the COVID-19 pandemic, garment workers' 'financial inclusion' became even more vital to their ability to cope with the economic emergency they faced, by using access to credit to smooth short terms gaps in income caused by employment suspensions. Yet at the same time, reduced earning capacity hindered workers' ability to make existing loan repayments. To meet outstanding commitments, many resorted to reducing daily expenditure on necessities including food. Most workers reported their household food intake as inadequate and many reported experiencing hunger during the pandemic. Such unduly high sacrifices are neither just nor sustainable.

The COVID-19 pandemic is having significant repercussions on the global garment industry, of huge importance not only to Cambodia's economy, but also to its 1 million workers, 80% of whom are women. Many garment factories are interrupting production with the effect that 1/4 of workers have been dismissed or temporarily suspended. Formal social protection in the sector, though improving due to multi-stakeholder efforts, is weak and fragile. Mixed-method longitudinal research will track and amplify the experiences and coping mechanisms of 200 women workers as they navigate the financial repercussions of the COVID-19 pandemic. The project's interdisciplinary team from human geography, political economy, and organisation studies will generate new knowledge on underlying and differentiating determinants of risk and resilience arising from formal and informal social protections.

The ambitious study will focus its policy attention on learning to 'Build Back Better' social protection to prevent and mitigate longer-term impacts of the pandemic and future risk events. Our approach centres women's representation in planning and decision-making as critical to 'stitching back better' just and resilient garment supply chains to make progress towards gender equality (SDG5), inclusive economic growth and decent work (SDG8). The project's impact, within its 18-month lifetime, will be compelled by its partnerships with, and pro-active convening together, of government (Cambodian Ministry of Labor, British Embassy), regulators (ILO, Better Factories Cambodia), industry (Garment Manufacturers Association in Cambodia, H&M), think tanks (ODI), workers' organisations (CATU, the only female-led union in Cambodia), and women's media (Women's Media Center and the Messenger Band).

This paper explores the impact of the COVID-19 pandemic and the Korean government's fiscal measures on macroeconomic and microeconomic shifts. Utilizing the Global Trade Analysis Project (GTAP) computable general equilibrium model and database version 11, with 2017 as the base year, we aggregated 160 regions and 65 sectors into 9 regions and 18 sectors. The model projected the global economy to 2020 using variables such as real GDP, population, capital stock, and labor supply for a baseline scenario. Two policy scenarios assessed the impacts of the pandemic and a fiscal stimulus package. Results indicated a global decline in real GDP and welfare, with disruptions in supply chains and increased trade costs negatively affecting import and export volumes. Sectors such as tourism were particularly impacted. Specifically, the Korean economy faced a significant negative impact from the pandemic. Despite government fiscal measures that positively influenced real GDP, Korea's real GDP contracted by 1.7% in 2020, deviating from the pre-pandemic growth changes of approximately 2% per year. Welfare losses amounted to US$103 billion, driven by decreased consumer spending and increased unemployment. Export and import volumes fell, leading to a narrower trade deficit of US$17 billion compared to the previous year. The study underscores the need for targeted fiscal measures to mitigate adverse effects, recommending policies to stimulate private household consumption, support affected sectors, and enhance Korea's international trade competitiveness.

The impact from COVID is dire to economies, and G20 countries are no exception irrespective of how developed their market are. This is due to how investors respond to bad and good news alike. Using daily data, for the G20 countries and data on COVID, we employ quantile regression (QR) and quantile-on-quantile regression (QQR) to explore the asymmetric nexus between COVID cases and G20 stock indices returns. Our results show that the pandemic fundamentally has a significant negative effect on all G20 stock returns with a heterogeneous nature across portions of the returns. Also, at varying quantiles of the distribution of stock, we highlight the fact that COVID pandemic has rather occasioned an asymmetric effect on G20 stock returns. Conversely, we notice positive link between the COVID and stock returns at the upper quantiles when the market started to bounce back from the crash. While the pandemic has largely slowed down, it is not completely swept out and the impacts may linger for a little long, hence investors are recommended to be more particular in the stock indices they wish to invest as they observe the erratic dynamics across the G20. The study is important to understand that for investors and policy-makers in the G20 countries, there are differences in how the COVID pandemic affected each country through their stock markets, and this is more complex than meets the eye. It should be noted that while concerted efforts are needed to address happenings like these, they should not be uniform. Investors need this information to spread their finances across the G20 markets to safeguard against losing it all.

Companies engaged in manufacturing, producing, and retailing cosmetic products fall under the Cosmetics & personal care industry. This industry consists of stores that mainly retail personal grooming products, cosmetics, perfumes, and toiletries. The COVID-19 pandemic has changed the course of the world. It has affected everyone, no matter where you are or what sector you work in. The beauty and makeup industry is no exception to it either. The import and export aspects of this industry h.....