Fastest Declining Industries in Global by Revenue Growth (%) in 2025

• 1. Global Iron Ore Mining

  2025 Revenue Growth: -7.1%

  Iron ore miners are facing a turbulent period marked by significant shifts in global steel production dynamics. The Chinese government's mandate in 2021 to reduce steel production growth and a sluggish property sector have led to challenges for iron ore miners. Despite some increased steel output from countries like India, which is boosting its steel production through major infrastructure projects, global miners are still grappling with inconsistent demand and fluctuating prices. Early 2025 ...

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• 2. Global Commercial Printing

  2025 Revenue Growth: -5.0%

  The Global Commercial Printing industry has faced significant challenges recently, driven largely by the rapid shift to digital media. Demand for the industry's key products, such as newspaper and magazine subscriptions, has consistently declined. The rise of digital alternatives has siphoned off readers and advertisers, resulting in substantial decreases in revenue and inhibiting profit. While growth in customers from emerging markets has provided some relief, their growth hasn't been suffic...

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• 3. Global Coal Mining

  2025 Revenue Growth: -3.0%

  Coal mined by global coal mining companies has played a vital role in the world's ability to generate electricity and manufacture steel. Coal's position in global electricity markets stems from its relative accessibility, affordability and distribution across the globe. China, Indonesia, the United States and India are the world's largest coal producers. These countries are expected to retain their positions in the foreseeable future. The period started off shaky since it was the start of the...

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• 4. Global Newspaper Publishing

  2025 Revenue Growth: -2.2%

  Global newspaper publishers are highly susceptive to macroeconomic trends, as consumers tend to reduce subscriptions during volatile periods, and advertisers tend to withdraw or limit spending when times are uncertain. Still, regardless of economic performance, global newspaper publishers have experienced a decades-long, steady downward spiral as consumers increasingly obtain news from other media outlets. Traditional newspapers, facing significant readership declines, have watched consumers ...

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• 5. Global Sugar Manufacturing

  2025 Revenue Growth: -2.1%

  Global sugar manufacturers have endured fluctuations in global sugar prices over the five years to 2024. Nonetheless, global sugar manufacturers' revenue is anticipated to strengthen at a CAGR of 5.6% to $83.2 billion over the five years to 2024, including a drop of 8.5% in 2024.

  Brazil is very influential in the industry's health. The country produces and exports the most sugar of any nation and is also the second-largest producer of ethanol, which is often produced from sugarcane. As...

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• 6. Global Milk & Cream Manufacturing

  2025 Revenue Growth: -1.5%

  Global dairy producers are in the throes of transformation, witnessing a shift driven by changing consumer preferences and technological advancements. A significant trend has emerged with the growing demand for plant-based milk alternatives, sparking challenges for traditional dairy producers. The global plant-based milk market is booming and companies like Danone and Nestlé are expanding into this dynamic market segment. Meanwhile, the average global producer enjoys a more stable milk price ...

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• 7. Global Oil & Gas Exploration & Production

  2025 Revenue Growth: -1.3%

  Global oil and gas production companies have gone through significant turbulence for most of the period. The pandemic and its accompanying lockdowns severely disrupted producers as revenue fell double digits and the industry's largest market, the transportation sector, was limited. This was quickly reversed as the economy opened and supply outpaced demand, causing prices to skyrocket. High prices, accompanied by swelling production, led to surging revenue. While prices eventually came back do...

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• 8. Global Magazine Publishing

  2025 Revenue Growth: -1.0%

  The industry has struggled to adapt to the challenges and opportunities presented by digital disruption, economic shifts and changing consumer preferences in recent years. The proliferation of new forms of media, with many available online and for free, has threatened the traditional position of magazines. In addition to competition from online media, magazine and periodical publishers have struggled to adopt successful digital monetization strategies. Shifts in the way audiences consume medi...

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• 9. Global Investment Banking & Brokerage

  2025 Revenue Growth: -0.5%

  Investment bankers and brokers are expected to perform well throughout 2024. The industry has grown at a CAGR of 3.9% to $379.9 billion over the past five years, including an anticipated decrease of 1.7% in 2024 alone, with profit falling to 31.7% of revenue in the current years. Revenue from the industry's debt and equity underwriting segments increased drastically over 2020 and 2021 as companies and governments needed to raise cash quickly. Also, the industry encountered greater demand from...

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• 10. Global Candy & Chocolate Manufacturing

  2025 Revenue Growth: -0.4%

  The Global Candy & Chocolate Manufacturing industry has seen considerable changes in recent years, driven by overarching consumer trends and shifting market dynamics. As a multi-billion-dollar industry, it has adeptly responded to evolving tastes, health concerns and sustainability demands. Recent indicators show strong growth, propelled by innovation and a sharper focus on consumer preferences. Despite economic uncertainties and supply chain disruptions, the indust...

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