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Industries in Growth Stage of Life Cycle Global in 2023

Based on the expert analysis and our database of 70+ Global industries, IBISWorld presents a list of the Industries in Growth Stage of Life Cycle Global in 2023

The 10 Global Industries in Growth Stage of Life Cycle

Industry
2023 Units *
1.

Global Hotels & Resorts

9.1
2.

Global Reinsurance Carriers

6.7
3.

Global Military Aircraft & Aerospace Manufacturing

5.7
4.

Global Fruit & Vegetable Processing

5.1
5.

Global Music Production and Distribution

4.4
6.

Global Airport Operation

4.3
7.

Global Internet Service Providers

4.0
8.

Global Milk & Cream Manufacturing

3.8
9.

Global Apparel Manufacturing

3.6
10.

Global Investment Banking & Brokerage

3.6
* Units are calculated using the Euclidean distance from IBISWorld's proprietary Industry Life Cycle model. To learn more about our research methodologies, contact us.

Want to see more industries in growth stage of life cycle?

View a list of the Top 25 industries in growth stage of life cycle

Global Industries in Growth Stage of Life Cycle in 2023

  • 1. Global Hotels & Resorts

    2023 Units *: 9.1

    The Global Hotels and Resorts Industry is sensitive to any economic, social, demographic or geo-political factors that affects domestic overnight travel within any country, for any purpose, as well as global international travel demand and patterns. Revenue and Value Added

    • In 2008 the Global Hotels and Resorts Industry is forecast by IBISWorld to generate revenue of $546,740 million, in constant 2008 prices, representing real growth of 3.2% compared to 2007, due to the forecast economic slowdown in the US and some other major Developed Regions. It is also estimated to generate value added of $262,322 million, in 2008 prices, of... Learn More

    • 2. Global Reinsurance Carriers

      2023 Units *: 6.7

      IBISWorld estimates that, in 2006, reinsurance carriers generated total revenue of $167.5 billion. Revenue is anticipated to increase by another 4%, to $174.2 billion, in 2007. Industry revenue will then have grown at an average real rate of 7.8% per annum in the five years to 2007. Industry gross product amounted to an estimated $13.6 billion in 2006, and is expected to increase by another 70%, to $23.9 billion, in 2007. An estimated 208 industry participants had in excess of 50,000 employees who received total wages of $4.9 billion. The number of players operating in the industry has grown at an... Learn More

    • 3. Global Military Aircraft & Aerospace Manufacturing

      2023 Units *: 5.7

      • IBISWorld estimates that revenue from the Military Aerospace Product Manufacturing industry will increase at an annualized rate of 3.4% between end-2002 and end-2007. Revenue will reach an estimated $130,608.8 million by end 2007 (constant 2006 dollars) after increasing by 2.3% compared to 2006. The projected growth in revenue during the five year period is primarily attributed to an increase in demand for military aircraft and missile systems especially from the North American (US) and Europe regions since 2002. Factors that contributed to the growth for military aerospace equipment include the Iraq War, the war on terrorism and homeland security. ... Learn More

      • 4. Global Fruit & Vegetable Processing

        2023 Units *: 5.1

        IBISWorld estimates that during 2008 (in constant 2006 US dollars), the Global Fruit & Vegetable Processing & Preserving industry recorded:

        • Revenue reached an estimated $102,680 million, a 1.8% increase compared to the previous year. Over the five years to 2008, revenue has been decreasing at an annualized rate of 0.14% due to continued competition of fresh fruit and vegetables in places such as Europe, Australia and the US. This was partially offset by strong economic growth and technological advancements in China and India, which has been passed onto this industry.
        • The industry contributed $28,819.3 million in value added, an increase of 2.6%... Learn More

        • 5. Global Music Production and Distribution

          2023 Units *: 4.4

          'Music piracy' is a term that has been tossed about with reckless abandon since the introduction of the cassette tape in the early 1970s. However, the development of the CD and, more recently, the digital download - exemplified by the ubiquitous iTunes - have imbued the phrase with a very real terror for record companies. First, the ability to copy CDs across to 'pirate' - or illegal - discs at equal quality appeared to diminish consumers' need for legitimate CDs. However, in retrospect, this was merely a precursor of the digital revolution that was set to unfold. Today, billions of... Learn More

        • 6. Global Airport Operation

          2023 Units *: 4.3

          Global Airport Operations have benefited from the recovery of air transportation industries in the past five years. Investment in airports has increased as higher passenger numbers from 2004 to 2007 help increase industry revenue to $37.9 billion in 2008. 2008 will see a lot of these benefits start to slow. Major airlines have announced capacity cuts for 2008 and 2009 that will see fewer passengers through airports. A slowing economy and falling demand for air travel are the main drivers behind this decision by airlines. Falling oil prices still provide some hope of lower airfares and more passengers in the next... Learn More

        • 7. Global Internet Service Providers

          2023 Units *: 4.0

          Advances in technology and investment in infrastructure has given rise to the internet age, which has resulted in a new generation of services and businesses that now utilize the internet as their backbone. Furthermore, the internet has led to substantial increases in business productivity and connectivity whilst for consumers its popularity has been a function of communication, entertainment and a wide range of general uses. This has led to a substantial increase in the number of households connected to the internet, with many in developed countries now having access to and subscriptions for broadband services. Consequently, this... Learn More

        • 8. Global Milk & Cream Manufacturing

          2023 Units *: 3.8

          IBISWorld estimates that during 2008 (in constant 2008 US dollars), the Global Fluid and Powdered Milk (including Cream) Manufacturing industry will record:

          • Revenue of $142,224 million, an increase of 2.0% from the previous year. Over the five years to 2008, revenue is forecast to increase at an annualized rate of 4.4%, due mainly to strong increases in the production and consumption of milk and cream in Asia, South America, and the Middle East.
          • $39,112 million towards value added, an increase of 3.9% from the previous year. This indicates a mature life cycle.
          • 2,477 enterprises and 3,325 establishments, with growth in South-East Asia,... Learn More

          • 9. Global Apparel Manufacturing

            2023 Units *: 3.6

            An IBISWorld analysis of the Global Apparel Manufacturing Industry shows: The Global Apparel Manufacturing Industry is expected to steadily grow in 2008 as trade increases and companies continue to set up manufacturing operations in low wage countries. China is clearly the dominant country in the industry in terms of both apparel produced and revenue generated. The figure in this section and throughout the report are in US dollars.

            • the industry is expected to report revenue of $402.3 billion (constant 2008 dollars) and contribute $183.0 billion towards world Gross Domestic Product (GDP), or value added. These represent increases of 3.1% and 2.0%,... Learn More

            • 10. Global Investment Banking & Brokerage

              2023 Units *: 3.6

              IBISWorld estimates that, in 2006, investment banks generated total revenue of $276.5 billion. Revenue is anticipated to grow by another 8.5%, to $300 billion, in 2007. Industry gross product amounted to an estimated $93 billion in 2006, mainly comprised of pre-tax profits of approximately $32 billion and salaries and wages of about $60 billion. IGP is expected to increase by a further 4.5%, to $97 billion, in 2007. An estimated 1,037 industry participants employed in excess of 260,000 employees who received total wages of about $60 billion. Total assets held by the industry at the end of 2006 reached an estimated $10.3... Learn More

* Units are calculated using the Euclidean distance from IBISWorld's proprietary Industry Life Cycle model. To learn more about our research methodologies, contact us.

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