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Top Booming Industries of 2021

industries cybersecurity

Top Booming Industries of 2021

One positive effect of the pandemic on the job market is the new opportunities for people to bring their unique capabilities to the table. Digitalization and automation have affected all aspects of our lives. With the world urging a more virtual way of doing daily things, we have seen many companies adjust to this new reality. Some of them still fight to survive, while others have adopted the latest technologies and made considerable earnings in specific niches. Let us look at some industries that are booming in 2021.

Cybersecurity Industry

Cybersecurity has always been a big industry, but the increase in how we rely on digital tools such as virtual meeting applications means that our data is more vulnerable to hacking and other cyber vulnerabilities than ever before. Coronavirus is one of the biggest cybersecurity threats, as fraudsters have taken advantage of the disease’s uncertainty. Spam email issues have been viral: in the UK, hacking attacks on targeted people working from home were up by 12 percent before the first lockdown. Still, that number increased by 60% just six weeks later. Several attackers use the names and logos of trusted organizations and businesses, such as the World Health Organization (WHO), to trick users into clicking on dangerous links.

PPE Industry

Personal protective equipment (PPE) is one of the most talked-about and sought-after resources of this pandemic. Demand has been increasing rapidly, and countries that depend on imports from other countries such as China have been short of this vital equipment. Because of the coronavirus’s adverse effect, hospitals have the responsibility to have stockpiled in place if there is a similar case or occurrence in the future. Most PPEs have expiry dates, and because of this, steady supplies of new equipment will be in constant need, which means that manufacturers will always be busy trying to meet the new demand.

Cannabis Industry

Cannabis is the world’s most used drug. Owing to restrictions on the cultivation of cannabis in some parts of the world, cannabis has gathered interest from investors and researchers pushing for legalization to grow cannabis globally. More than 50% of Americans believe that the government should legalize cannabis. Thanks to a substance found in the cannabis plant known as Cannabidiol or CBD, many patients who suffer from medical problems like chronic pain and seizures have seen a significant improvement in their medical condition after using the CBD. However, to be successful in this industry, you must seek the service of cannabis consulting firms. The service is essential because the industry is relatively new and heavily regulated. Cannabis consulting companies know the dos and don’ts of starting and operating a cannabis business successfully.

Online Conferencing Industry

Virtual meetings have helped us make our work-from-home lives seem a bit normal. One of the corporations leading the industry, Zoom, has boomed during the pandemic and saw its stock price increase significantly over 100% in just two months. Google has made the premium features of its platform Google Hangouts free for users until September. The daily users of its Microsoft software, Team’s,  jumped from 32 million to 44 million during March.

Online Dating Industry

Dating apps are not the popular way of finding a partner, but there was a global downshift in app downloads as it came to be the norm. There was a 32.5percent growth in dating app users in 2016, but this reduced to just a 5.3% increase in 2019. However, as the COVID-19 outbreak restricted nearly all face-to-face meet-ups, there was a new rise in downloads and exchanges through the likes of Tinder, Bumble, and Hinge. On 29 March alone, Tinder users globally swiped through three billion possible matches, which is more than any other day, setting a record. eMarketer, a research company that provides information on digital marketing, media, and commerce, revealed that the number of people who dated through in the US alone hit 26.6 million, an 18.4% boost in 2019.

Final word

The pandemic will always be looked at as a negative occurrence that halted or reduced sales for many businesses. However, few industries had an exponential increase in demand for their goods or services. 2021 is still young, but we are positive from indications that the sectors discussed in this article will get the best out of it compared to other industries. The cannabis industry might come as a surprise, but with the stigma associated with rapidly shedding marijuana, the sky is only a starting point.


From Exports to Delivery: Simplifying PPE Shipping

From small businesses to large corporations, many are navigating the complex world of importing personal protective equipment (PPE) for employees, family members, and customers as businesses reopen across the globe.

Whether you have navigated these waters before or are new to importing PPE, COVID-19 has changed the game. In response to the changing environment, our team of experts at C.H. Robinson put together information on four key subjects that will help your PPE supply chain run smoother during a time when simplicity is what you need most.

Exporting PPE from China

Over the past several months, China has been the main source for PPE. So, it’s important you’re up to date on the latest regulations to avoid your freight being held up.

China has recently implemented three key policies that relate to PPE exporting.

-Policy 5 requires all medical supplies to meet quality standards of the importing countries, this policy also separated out the process for medical-grade and non-medical-use devices.

-Policy 53 increases CIQ inspection on all PPE products, labels, packaging, and documentation.

-Policy 12 created a white and blacklist of manufacturers and suppliers.

While China’s new policies offer tighter control on PPE being exported, they also have created a dedicated HS-code for PPE products to simplify export declarations.

For a closer look at how China’s regulations impact PPE shipping, check out our recent PPE exporting video featuring our director of product development, Vincent Wong.

U.S. and Canada customs best practices

The next key subject to address is importing PPE into the United States and/or Canada. It’s important you understand various government agency requirements and determine which ones apply depending on whether the PPE is for general or medical use. From there, other factors like labeling, packaging, and marketing of the product can influence these regulations as well.

Importing PPE into the United States

Depending on the PPE commodity you are importing, there can be multiple U.S. Customs and Border Protection (CBP) and U.S. Food and Drug Administration (FDA) requirements to navigate. And due to the nature of the shipping industry, these regulations can change quickly—especially for medical grade equipment.

Importing PPE into Canada

While importing into Canada has some similarities—like changing regulations—there are some clear differences to be aware of as well. It’s important to note that while intended use, labeling, packaging, and advertising can be used to determine medical vs. general use in Canada, this is ultimately determined by the Canadian inspectors.

Whether you are importing PPE into the U.S. or Canada, make certain to watch our video on customs best practices with Ben Bidwell, director of North America customs and compliance, in order to better understand requirements, expectations and regulations for PPE.

Metered freight solutions

In this environment, we’re seeing companies turn to air freight to move their personal protective equipment quickly. However, when the demand for passenger travel plummeted in the wake of the COVID-19 pandemic, a dramatic reduction in cargo capacity followed. As you might imagine, this has drastically changed normal market conditions for air shipping.

While delivering all your PPE as fast as possible via air might seem like your only option, solutions like freight metering, which utilizes both air and ocean, can also meet your needs while providing cost-savings.

Ask yourself:

-How much of our PPE do we really need to fly?

-How much of that is safety stock?

-What’s the end user consumption rate?

-What’s the output rate at the factory?

Answers to these questions and cross-functional conversations that include purchasers, factory contacts, logistics providers, and end users can reveal that only a portion of your purchase order (PO) should fly and a balance of it should ship as ocean freight.

The key to metering your freight is to choose air freight for just enough of your order to match your end-users’ consumption rate. As ocean freight catches up, it can significantly reduce your freight spend.

Looking for more benefits of a metered air and ocean shipping solution for critical PPE orders? Watch our metered freight solutions video, featuring Bogen Chi, director of air freight.

FCL and LCL expedited ocean shipping

Lastly, we understand your need to continue moving your PPE cargo as quickly and cost-effectively as possible. Utilizing expedited less than container load (LCL) or full container load (FCL) shipping could be the differentiator you need. In fact, depending on your PPE’s delivery city, C.H. Robinson’s expedited LCL services can cut traditional LCL transit time by 4 to 14 days and keep your costs nearly 80% lower than air freight services.

Watch our expedited ocean shipping video with Ali Ashraf and Greg Scott to explore if this smart transportation solution is right for your supply chain.

In conclusion

Personal protective equipment has become an extremely important and in-demand commodity as we face COVID-19. So, whether you’re looking to import PPE for the first time or as part of your normal procurement process, C.H. Robinson’s experts can help you build a more resilient supply chain when shipping PPE around the globe. As the market continues to change, our global suite of service offerings and market expertise remains available to help your PPE supply chain. We’re here to help today so you can have a better PPE process tomorrow.