How to create a video like this?
As currently stated, the answer is, you can't.  The only thing special about that video is that it is very well planned out and coordinated with lots of lighting making it almost certainly outside your budget to reproduce something similar.

The video work itself is all actually fairly basic.  Any camera with a decent dynamic range and sharpness could capture the level of detail, though protecting it from the powder is always a fun trick.  It would need a decently fast frame rate for the shots that are slowed down, but 60fps would probably be sufficient.  They are also using a dolly or steadicam for the smooth shots that track across the scene (from one side to the other).

Most of what you see is simply lighting as shot that is then color graded to give it that look.  The color grading and speed adjustment is very basic and even a fairly simple non-linear editor could achieve it.  

The problem is that the shots depend entirely on the content actually being shot and the way it was lit.  There is a ton of light on that scene.  There are three or four massive sport stadium/construction site style light arrays in the background and more light (possibly reflectors) in the front.  They all need to be properly aimed and setup to put the light where it is needed and this is a complex and costly operation that is drastically beyond the scope of what can be answered in a simple question and answer.