Rank | Industry | Growth in Imports for 2025 |
---|---|---|
1 |
Global Car & Automobile Manufacturing |
7.3% |
2 |
Global Biotechnology |
4.7% |
3 |
Global Heavy-Duty Truck Manufacturing |
4.6% |
4 |
Global Plastic Product & Packaging Manufacturing |
4.5% |
5 |
Global Soft Drink & Bottled Water Manufacturing |
3.9% |
6 |
Global Cardboard Box & Container Manufacturing |
3.8% |
7 |
Global Cosmetics Manufacturing |
3.5% |
8 |
Global Commercial Aircraft Manufacturing |
3.3% |
9 |
Global Automobile Engine & Parts Manufacturing |
2.8% |
10 |
Global Cigarette & Tobacco Manufacturing |
2.8% |
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Sign me upGlobal car and automobile manufacturers have faced numerous challenges over the past decade, given major exogenous shocks, shifting consumer preferences and supply chain disruptions. In particular, significant technological improvements, particularly regarding hybrid and electric vehicles, internal combustion engine fuel efficiency, infotainment development and autonomous driving capabilities, coupled with rising per capita disposable income, have spurred global demand from the growing global...
Learn MoreExplosive growth in biotechnology in recent years can't be understated. What's fueling this rapid growth varies, as biotech's applications range from healthcare and agriculture to energy. COVID-19 brought more attention to biotechnology, as biotech companies were central to vaccine development and reopening the economy. Biotech's potential to develop vaccines shifted the industry's trajectory, with investment reaching unprecedented levels globally and spurring more start-up activity than ever...
Learn MoreGlobal heavy-duty truck manufacturers have faced volatile conditions through the current period. The pandemic and soaring inflation largely offset gains from torrid e-commerce growth and massive economic stimulus in 2021 and 2022. In particular, declining output from Chinese manufacturers has threatened stability. Similarly, tightening emissions and safety standards have forced manufacturers to innovate, leading to elevated research and development costs. Similarly, union pressures in North A...
Learn MoreThe global plastic parts and packaging industry continues to face potential volatility. Trade uncertainties due to tariffs, particularly involving the US, Mexico, Canada, and China, are creating cost pressures for manufacturers who must consider pricing adjustments or supply chain realignments. Shifts in petrochemical prices further complicates cost management, pushing companies to explore alternative materials to stabilize input costs. Meanwhile, e-commerce growth has driven higher dem...
Learn MoreThe Global Soft Drink and Bottled Water Manufacturing industry has experienced obstacles stemming from mature markets, leading to an overall contraction. Because of growing health concerns, North American and European consumers have curbed their sugary beverages, like carbonated soft drinks, fruit juices and traditional sports drinks. Bottled water consumption has also wavered because of concerns over the environmental footprint of plastic bottles. Nonetheless, the strengthening economies of ...
Learn MoreThe industry has benefited from growth in global consumer spending and world GDP. Growing consumer spending led to the expansion of downstream markets, including manufacturing, retail and wholesale businesses. In addition, rising demand from emerging markets, such as China and India, has boosted the need for cardboard containers. However, strong fluctuations in the world price of wood pulp have hampered revenue growth in specific years. However, supply chain disruptions during and following t...
Learn MoreGlobal cosmetic manufacturers performed relatively well over the past five years. This industry provides a wide array of products; many of these are non-discretionary, which partly shield manufacturers from major disruptions seen during the COVID-19 pandemic. However, product lines like fragrances, parts of skincare and makeup are fully discretionary. As the disruptions ran their course, consumers spent less and remained at home to stop the spread of the virus. Because of this, demand for dis...
Learn MoreThe industry experienced a strong decline during the pandemic, with a staggering 70% drop in air travel primarily driven by social distancing measures and a global economic shock. This led to substantial revenue losses for airlines and lowered demand for new aircraft. However, the industry began recovering post-pandemic, aided by relaxed restrictions, economic stimulus packages and lower interest rates, which made borrowing for capital more affordable. Ultimately, the industry reached double-...
Learn MoreAutomobile engine and part manufacturers are tethered to global car production, leaving companies vulnerable to a myriad of macroeconomic and political factors that impact the automotive sector in the aggregate, most notably the pandemic. Initial revenue declines stemmed from a reduced need for cars during stay-at-home orders, affecting sales of engines and components. Even so, as economies began to recover, manufacturers still suffered temporarily amid supply chain disruptions. As these disr...
Learn MoreProducers in the Global Cigarette and Tobacco Manufacturing industry have contended with declining tobacco consumption in many developed countries worldwide. This has been the main threat to the industry's performance as awareness of the effects of tobacco consumption has intensified. Despite lower global volume sales in developed countries, tobacco manufacturers have maintained revenue growth by successfully raising prices on tobacco products. Rising consumption in certain emerging markets h...
Learn MoreBased on the expert analysis and our database of 50+ GL industries, IBISWorld presents a list of the Fastest Growing Industries by Imports in Global in 2025
Based on the expert analysis and our database of 50+ GL industries, IBISWorld presents a list of the Fastest Growing Industries by Imports in Global in 2025
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