Nasdaq May 30, 2022
The Health and Wellness theme experienced remarkable disruption in 2020. Pandemic-induced lockdowns and social distancing brought the world to a standstill, giving way to the Stay-at-Home Economy. Gyms shuttered, fitness classes ceased operations, and health-focused stores closed their doors. Forced to look elsewhere for physical activity and wellness goods, consumers embraced at-home fitness and turned to digital mediums for health and wellness-related products and services. Beyond this, infection fears and a growing body of evidence correlating overall health and disease-severity are underscoring what most already knew – that lifestyle choices meaningfully impact one’s long-term health.
In the following, we delve into the new paradigm for health and wellness in the wake of the pandemic, identifying key changes in the industry...