Rank | Industry | Growth in Imports for 2025 |
---|---|---|
1 |
Watch Manufacturing in the US |
86.7% |
2 |
Engineered Wood Product Manufacturing in the US |
86.2% |
3 |
Shoe & Footwear Manufacturing in the US |
61.1% |
4 |
Headphone Manufacturing in the US |
37.3% |
5 |
Battery Manufacturing in the US |
27.4% |
6 |
Hybrid & Electric Vehicle Manufacturing in the US |
24.9% |
7 |
Brand Name Pharmaceutical Manufacturing in the US |
20.6% |
8 |
3D Printer Manufacturing in the US |
16.5% |
9 |
Computer Manufacturing in the US |
15.3% |
10 |
Meat Alternatives Production in the US |
14.2% |
Join our community by subscribing to the Industry Insider Newsletter for the latest trends and exclusive insights.
Sign me upWatch manufacturing revenue has grown at an estimated CAGR of 3.4%, reaching $435.1 million by the end of 2025, including a 2.0% gain in that year alone. In recent years, watch manufacturers have faced significant volatility. High levels of inflation and unemployment have made consumers uncertain about their financial stability, causing many to delay discretionary purchases such as watches. More recently, however, improving macroeconomic conditions have led to a recovery in industry revenue. ...
Learn MoreEngineered wood manufacturers develop laminated veneer lumber and other engineered wood members. New home construction is the industry's largest market and demand largely depends on the number of new housing starts and private spending on home improvements, both of which grew from 2020 to 2022, enabling manufacturers to thrive because of healthy downstream demand, revenue spiked 43.6% in 2021 alone. However, more recently, high interest and mortgage rates have stunted housing starts and home ...
Learn MoreThe Shoe and Footwear Manufacturing industry is experiencing notable trends amid changing consumer behavior and global economic shifts. Over recent years, the industry has contended with challenges like price sensitivity among consumers, increased competition from imports and a shift towards athleisure and casual footwear. Despite these hurdles, manufacturers have leveraged innovation, sustainable practices and direct-to-consumer sales models to maintain relevance in a competitive market land...
Learn MoreThe Headphone Manufacturing industry has experienced significant global growth, yet domestic manufacturing in the United States faces challenges due to competition from imports and offshore production. While the industry expands overall, US operations have contracted. Technological advancements have kept demand robust, with domestic manufacturers focusing on higher-end products such as Bluetooth-enabled headphones and those offering superior sound quality. Although foreign companies capture p...
Learn MoreBattery manufacturers have faced significant revenue volatility over recent years. Federal initiatives like the Infrastructure Investment and Jobs Act and the Inflation Reduction Act provided substantial subsidies to accelerate this transition, spurring an influx of investments in battery manufacturing plants. In response, battery manufacturers have accepted several new entrants specializing in EV battery pack manufacturing, making future demand for automotive batteries promising. Although de...
Learn MoreHybrid and electric vehicle manufacturers have soared through the current period as part of increased sustainability initiatives from the government and the public. Hybrid electric vehicles (HEV) and electric vehicles (EV), including plug-in electric vehicles (PEV) and plug-in hybrid electric vehicles (PHEV), have seen a dramatic rise in sales amid elevated oil and gas prices and falling vehicle prices. Automakers have prioritized cost reduction and battery lifespans to potentially attract ne...
Learn MoreBrand name pharmaceutical manufacturers in the US are some of the most lucrative in the world. Consumers in the US use and spend more on prescription drugs than any other country, making manufacturers central to meeting this demand and supporting public health. This role was evident during the COVID-19 pandemic, as brand name pharma producers researched, produced and distributed vital vaccines in record time. Aside from vaccine development, domestic manufacturers can attribute rising spending...
Learn MoreThe industry has evolved significantly, making the technology more accessible and widely adopted. Historical reductions in costs have been driven by expired patents and open-source innovations, enabling a shift from high-cost, early models to affordable consumer versions. This transition has spurred competition and expanded the scope of 3D printing beyond prototyping to applications in diverse sectors like healthcare and automotive. Enhanced hardware capabilities and new materials have furthe...
Learn MoreComputer manufacturers have faced notable volatility through the current period, demanding strategic agility and technological foresight. Amid the backdrop of aggressive competition from abroad, particularly in Asia, domestic computer manufacturers are pivoting towards states like Arizona, where technology-friendly business climates offer tax incentives and robust support for innovation, reducing operating costs and fostering product development. In particular, the CHIPS and Science Act has s...
Learn MoreProducers of meat alternatives enjoyed growth as they capitalized on growing consumer trends, like health consciousness and moving away from meat products in general, accounting for environmental and cost-based decisions. Perhaps most notably, producers have exhibited substantial growth as new companies began operating and competing with one another to satisfy growing consumer demand. Relatively stable exports have bolstered producers' performance, while import volumes have climbed. Industry-...
Learn MoreBased on the expert analysis and our database of 1300+ US industries, IBISWorld presents a list of the Fastest Growing Industries by Imports in United States in 2025
Based on the expert analysis and our database of 1300+ US industries, IBISWorld presents a list of the Fastest Growing Industries by Imports in United States in 2025
Download a free sample report today to discover the breadth and depth of information available at your fingertips!
Get sample Report