- Jan. 25
- Richard Parker
Why These 3 Businesses Are Thriving in 2022
There’s a tendency to look at the business landscape with a sense of doom and gloom after the last couple of years. However, while many businesses have gone backward and suffered, some have done the opposite. Today, we’re looking at three businesses that are thriving as we head further into 2022 and beyond.
Fitness Businesses
Businesses focused on fitness were some of the few that experienced heavy growth in 2020 and 2021. The global pandemic put an emphasis on the need to be healthy, and so many people started exercising and getting fit. The demand for home fitness routines flew up – and it continues to be high as people have finally discovered that you can get fit without going to an intimidating gym.
Yes, fitness businesses will continue to thrive as people take better care of their health. There are also so many different types of fitness businesses, making this a diverse industry to start a business in 2022.
Tattoo Businesses
Tattoo artists experienced some of their biggest struggles during the initial pandemic lockdowns. As a business model that relies on people being close together in a small room, there was pretty much nothing a tattooist could do to make money. Many faced financial troubles, but the excellent news is that things are looking up.
Indeed, tattoo businesses are set to thrive this year. Why? Because demand for tattoos is reaching an all-time high. People have more reasons to get a tattoo now than before the pandemic, and there’s a definite sense that people are just looking to take more risks and live life to the fullest. If you’re already a fantastic artist, maybe it’s time to consider picking up a pen, getting some tattoo stencil paper, and starting your own tattoo parlor? It’s a very niche, skill-based business, but it is set to thrive in the coming months.
Home Improvement Businesses
Any business that revolves around home improvement is set for a big 2022. According to data from Houzz & Home, we saw home improvement spending increase by 15% in 2021. This was after it had already increased substantially in 2020.
The simple fact is that more and more people are looking to renovate their homes. This comes after spending a lot of time at home has taught some homeowners that their properties are in dire need of a renovation. At the same time, 6.5 million homes were sold in the US in 2020, and 7.1 million in 2021. So, people are moving into new homes at a rapid rate, further increasing the need for home improvement services. Whether you open a construction company that provides renovations or you simply help people design their home improvements; this is an industry that’s going to experience a lot of growth.
These three businesses represent something very important: hope. They represent the hope that small companies can still succeed after the turbulent few years we’ve had as a nation. There will always be a demand for certain products and services; you just need to figure out what sells better than the rest.