Industries in Growth Stage of Life Cycle in China in 2023

1. Alternative-Fuel Car & Automobile Manufacturing in China

2023 Units *: 16.4

The Alternative-Fuel Car & Automobile Manufacturing industry in China has developed strongly in the past five years due to the large amounts of subsidies and favorable policies from governments, improving vehicle performances, increasing number of charging facilities, changing attitude of environment protection, etc. Industry revenue is expected to total $2.61 billion, up 16.9% from 2016, with an annualized growth rate of 119.6% during the past five years. Industry profit is relatively high, average 10.4% of industry revenue in 2017, stimulated by subsidies from governments, reducing costs of key parts and accessories, high level of automation, etc.

Industry exports are very limited... Learn More

2. Cafes, Bars & Other Drinking Establishments in China

2023 Units *: 14.7

ACMR-IBISWorld estimates that the Cafes, Bars and Other Drinking Establishments industry in China will generate $1.7 billion in 2014, up 16.5% from 2013. Over the past five years, industry revenue has been growing at an annualized rate of 29.2%.

In recent years, lifestyle changes, an increasing emphasis on personal happiness and the development of a range of drinking establishments have contributed to rapid industry growth. In addition, increasing urbanization in China and higher incomes have increased demand for industry services. Last, improvements in chain store and franchise management as well as new brands have supported the industry's development.

ACMR-IBISWorld forecasts that in... Learn More

3. Solar Power Generation in China

2023 Units *: 13.3

The still immature Solar Power Generation industry has been developing rapidly. Industry revenue has been rising at an annualized rate of 195.8% over the five years through 2013 to total $1.6 billion.

Rising household demand for electricity in China has led to several power supply shortages over the past few years, which has stimulated demand for solar power generation. In addition, a reliance on imported oil and gas resources for power and increasing environmental consciousness have led to a strong government focus on the development of renewable energy, especially solar power. In the twelfth five-year planning period (2011 to 2015),... Learn More

4. Mail-Order & Online Shopping in China

2023 Units *: 12.5

An ACMR-IBISWorld analysis of the Industry of Mail-order and Electronic Shopping Operators in China in 2008 shows:

• The industry of Mail-order and Electronic Shopping Operators in China is expected to generate a total of $645.5 million in revenue, representing an annualized growth rate of 33.3% in the five years to 2008. The industry is expected to generate an estimated total of $67.1 million in value added, which represented an annualized growth rate of 38.9% over the same period. The growth rate of value added in 2008 was 33.7%, much higher than the 11.4% GDP growth rate, which implies that this industry... Learn More

• 5. Energy-Efficiency Consultants in China

  2023 Units *: 11.9

  The Energy-Efficiency Consulting industry in China is estimated to generate $31.4 billion in 2012, representing annualized growth of 54.2% over the past five years. Boosted by an array of energy-saving and emission reduction regulations implemented in 2006, the industry has been showing rapid growth.

  Issued in 2010, the Interim Measures for Management of Financial Incentive Funds of Energy Management Contracting Projects allocated generous subsidies for contract energy management (CEM) projects. This marked the beginning of the standardization of the industry in China. According to the National Development and Reform Commission, there were 1,719 recorded (i.e. registered) energy service establishments in China... Learn More

• 6. Hazardous Waste Management in China

  2023 Units *: 11.7

  Revenue for the Hazardous Waste Management industry in China was expected to total $1.46 billion in 2014, up 15.1% from 2013. In the five years through 2014, industry revenue increased at an annualized rate of 18.3% due to strong and increasing demand from many rapidly developing industries.

  Demand for the Hazardous Waste Management industry comes mainly from various manufacturing industries that have realized soaring growth and generated unprecedented amounts of hazardous waste in recent years. Government bodies of various levels in China have been attaching more importance to waste management to increase living standards; this has also boosted industry demand. Out... Learn More

• 7. Dental Equipment Manufacturing in China

  2023 Units *: 10.7

  An ACMR-IBISWorld analysis of the Dental Equipment and Supplies Manufacturing Industry in China shows that by the end of 2008:

  • Industry revenue is expected to total $141.0 million, and contribute an estimated $62.0 million towards Gross Domestic Product (GDP) of China, or value added. These represent increases of 22.6% and 26.5% respectively from 2007 (all figures in constant 2007 dollars).
  • There will be about 32 enterprises (with 240 establishments) operating within the industry, employing 3,780 people with an estimated payroll of $9.8 million.
  • This industry makes up only 0.13% of the total medical and pharmaceutical products manufacturing sector in terms of industry... Learn More

  • 8. Mattress Manufacturing in China

    2023 Units *: 10.4

    The Mattress Manufacturing industry in China has developed rapidly in recent years due to the large population, increasing income levels of Chinese residents, booming housing market, growing demand from hotels, etc. Industry revenue is expected to total $8.2 billion, up 13.8% from 2016, with an annualized growth rate of 10.3% during the past five years. Industry profit is relatively high, average 10.1% of industry revenue in 2017, squeezed by increasing raw material prices and labor costs.

    Industry exports are estimated to amount to $1.6 billion, up 8.7% from 2016, with an annualized growth rate of 2.9% in the past five... Learn More

  • 9. Online Games in China

    2023 Units *: 9.5

    Enterprises within the Online Game industry in China are involved in the production (i.e. design and development of online games) and the operation of online games. Most online game companies combine game development and operations; however, some online game producers sell licenses to agencies, which are then solely responsible for the operation of the games.

    The first graphic online game in China, The King of King, was launched in 1999. Along with the boom of the Internet Services industry (IBISWorld industry report 6020), the Online Game industry has been growing strongly since then. Between 2002 and 2007, revenue for the... Learn More

  • 10. In-Home Care & Other Household Services in China

    2023 Units *: 9.1

    The In-home Care & Other Household Services industry in China has developed strongly in recent years due to the improving income levels of Chinese residents, increasing number of new births and elders, accelerating pace of life, high labor force participation rate, etc. Industry revenue is expected to total $62.26 billion in 2017, up 16.5% from 2016, with an annualized growth rate of 17.3% during the past five years. Industry profit is not high, average 7.1% of industry revenue in 2017, mainly squeezed by the rising labor costs in China.

    There are large number of small-size companies and self-employed practitioners in the... Learn More