The outbreak of coronavirus has had a devastating impact on the plastering industry. Businesses have been forced to close, workers have been laid off, and projects have been cancelled or postponed. The situation is unprecedented and the long-term effects are still unknown. However, some immediate impacts can be identified.
Here are 12 of the most significant:
1. Cancelled Or Postponed Projects
One of the biggest impacts of coronavirus has been the cancellation or postponement of projects. With businesses shutting down and people being told to stay at home, there is simply no demand for plastering services. This has left many plasterers out of work and struggling to pay the bills.
2. Reduced Hours
For those plasterers who are still working, the outbreak has led to reduced hours. With businesses operating at reduced capacity, there is less need for plastering services. This has resulted in a loss of income for many workers.
3. Layoffs
The reduction in demand for plastering services has led to layoffs in the industry. Many companies have been forced to let go of workers to reduce costs. This has put even more people out of work and added to the already high unemployment rate.
4. Supply Chain Disruptions
The outbreak of coronavirus has also disrupted the supply chain for plastering materials. With factories in China shutting down, there has been a shortage of gypsum, one of the main ingredients in plaster. This has led to higher prices and a shortage of supplies.
5. Price Increases
The disruptions to the supply chain have also led to increases in the price of plastering materials. The cost of gypsum has more than doubled in some cases, making it difficult for businesses to keep up with demand. This has put even more pressure on an already struggling industry.
6. Health Concerns
Another big concern for the plastering industry is the potential health risks associated with coronavirus. Plasterers are often required to work close to others, which could increase the risk of transmission. In addition, plastering involves working with materials that could be contaminated.
This has led to many plasterers being reluctant to return to work, even if they can find a job.
7. Financial Concerns
The outbreak of coronavirus has also had a financial impact on the plastering industry. With projects being cancelled or postponed, businesses have lost revenue. This has put many companies in a difficult financial situation. In addition, the price increases for materials have made it difficult for businesses to keep up with demand.
8. Mental Health Concerns
The outbreak of coronavirus has also had an impact on the mental health of workers in the plastering industry. The stress of losing a job or being worried about contracting the virus can take a toll on one’s mental health. This has led to an increase in anxiety and depression among workers.
9. Lack Of Government Support
Unlike other industries, the plastering industry has so far received very little in the way of government support. This leaves many businesses struggling to survive and forcing them to make tough decisions about their future.
10. Difficulties With Insurance
Another major challenge facing businesses in the plastering industry is difficulties with insurance. Many insurers are now refusing to pay out on claims relating to coronavirus, leaving businesses out of pocket and at risk of financial ruin.
11. Reduced Customer Demand
As the outbreak continues, many people are understandably reluctant to have tradespeople in their homes. This has led to a reduction in customer demand, which is yet another blow for businesses in the plastering industry.
12. Uncertain Future
The final devastating impact of coronavirus on the plastering industry is the uncertainty of the future. With so many businesses struggling to survive, it is difficult to know what the landscape will look like in the months and years to come. This makes it difficult to plan for the future, both personally and professionally.
These are just some of how coronavirus has impacted the plastering industry. The outbreak has left businesses struggling to cope and facing an uncertain future. We can only hope that things begin to improve soon so that those in the industry can get back on their feet.
Looking for plastering companies? Navigate to these guys.