In pictures: Panicked shoppers rush to stock up as coronavirus spreads
Take a look at how anxious shoppers across the globe are dealing with the pandemic outbreak
The deadly coronavirus, which has so far killed over 5,000 people and infected more than 134,000 globally, has led to panic-buying. Consumers around the world are stockpiling goods like hand sanitizer, canned foods and toilet paper.
Taking about the situation, Paul Marsden -- a consumer psychologist at the University of the Arts London – says: “It’s about ‘taking back control’ in a world where you feel out of control. More generally, panic buying can be understood as playing to our three fundamental psychology needs.”
While sales of hand soaps and sanitizers have soared in markets across the globe since the crisis began, people have also been stocking up on toilet paper. Dimitrios Tsivrikos, a lecturer in consumer and business psychology at University College London, says that toilet paper has become an “icon” of mass panic.
Take a look at how anxious shoppers are dealing with the pandemic outbreak: