Fastest Declining Industries in China by Revenue Growth (%) in 2020

1. Wired Telecommunications in China

2019-2020 Revenue Growth: -5.4%

The Wired Telecommunications industry is part of the telecommunication services sector. In terms of revenue, the industry is the second largest in the sector, after the Mobile Telecommunications industry (IBISWorld report 6012). However, the industry's share of telecommunications sector revenue has been declining since the early 2000s. Mobile telecommunications have rapidly developed over the past decade with both third-generation (3G) and fourth-generation (4G) mobile technology, allowing more consumers to substitute fixed-line telecommunication services with mobile ones. This trend is well reflected in the total number of fixed-line subscribers, which is expected to decrease by 5.4% in 2019, to 177.8 million,... Learn More

2. Motorcycle Manufacturing in China

2019-2020 Revenue Growth: -5.0%

The development of the Motorcycle Manufacturing industry in China has been affected by more restrictive policy and the popularity of automobiles in recent years. Revenue for the industry has been decreasing at an annualized rate of 4.0% in the five-year period through 2019 to reach $22.8 billion.

The Motorcycle Manufacturing industry in China is forecast to continue decreasing at an annualized rate of 4.5% over the five years through 2024. By 2024, ACMR-IBISWorld projects that revenue will fall to $18.1 billion. Competition will become more intense, especially in terms of product quality, costs, types, brands and sales service.

Some cities in China... Learn More

3. Newspaper Publishing in China

2019-2020 Revenue Growth: -4.8%

Revenue for the Newspaper Publishing industry is expected to fall at an annualized 5.6% over the five years through 2019, to $9.4 billion. This includes an expected revenue decline of 5.0% in 2019. Rising internet usage has reduced demand for newspapers, particularly in China's large cities. Additionally, rising newsprint paper costs have reduced industry profit margins.

The industry has low market share concentration compared with developed countries, although the number of establishments has increased over the past five years. Certain newspaper publishers dominate specific regions in China. For example, Beijing Daily Group accounts for over 60.0% of total newspaper circulation in... Learn More

4. Camera Stores in China

2019-2020 Revenue Growth: -4.1%

Revenue for the Camera Stores industry is expected to fall at an annualized 3.6% over the five years through 2019, to $810.6 million. Despite rising demand for digital single lens reflex (DSLR) cameras, industry revenue is anticipated to decline by 5.3% in 2019. Advances in smartphone camera technology has meant that consumers have increasingly replaced low-end pocket cameras with the cameras in their smartphones. Smartphone cameras can be used in most circumstances for basic photos, and smartphone manufacturers have continuously improved their integrated camera offerings.

The industry is forecast to continue its decline over the next five years. Revenue is projected... Learn More

5. Coal Mining in China

2019-2020 Revenue Growth: -2.3%

Revenue for the Coal Mining Industry in China is expected to decrease at an annualized 2.7% over the five years through 2019, including a 2.5% drop to $412.4 billion in 2019. Revenue has fallen over the past five years due to reduced industry demand in favor of cleaner energy sources, decreasing coal prices, and competition from lower priced imported coal.

Raw coal output in China is expected to decrease from 3.87 billion tons in 2012 to 3.64 billion tons in 2019. During the same period, industry imports have declined at an annualized 8.5%, from 21.0 billion to $13.5 billion. Imports as... Learn More

6. Soda Production in China

2019-2020 Revenue Growth: -2.3%

Revenue for the Soda Production industry in China is forecast to decrease at an annualized 0.6% over the five years through 2019, to total $15.20 billion. Industry revenue is expected to decrease by 2.1% in the current year.

Carbonated soft drinks comprise the third-largest subsegment by output volume in the overall soft drink product segment (overtaken only by drinking water and fruit juice). However, the share of carbonated drinks in the segment has been declining, from 29.8% in 2002 to 20.4% in 2007 and 10.9% in 2019.

Consumers are becoming increasingly health conscious, which has restrained the growth of carbonated soft drinks... Learn More

7. Motels in China

2019-2020 Revenue Growth: -2.0%

Industry revenue for the Motel industry in China is expected to decrease 6.1% in 2018 to $19.6 billion. Over the past five years, revenue has been falling 3.4% annually. There are about 66,934 motel establishments in China employing about 2 million people with an estimated payroll of $4.2 billion in China.

Currently, this industry accounts for about 33% of China's accommodation sector. Half of the sector's revenue is generated by hotels (IBISWorld industry report 6610), which provide higher quality services and surroundings than motels. The ongoing establishment of hotel chains and family hotels has intensified competition and reduced the size of... Learn More

8. Ship Building in China

2019-2020 Revenue Growth: -1.6%

Over the five years through 2018, the Ship Building industry in China has been declining at an annualized rate of 7.2% to $55.18 billion. This industry's activities are highly concentrated in Jiangsu, Zhejiang, Shandong and Shanghai. Foreign-owned enterprises generate 29.5% of industry revenue. The largest two shipbuilding groups, CSSC and CSIC, produce over 30.0% of domestic metal ships.

In 2012 and 2013, the weak economy around the globe led to decreases in international trade. As such, industry exports declined. The output volume of new ships fell 15.1% and 21.5%, respectively. In 2014, affected by downturn in the ship market, low international... Learn More

9. Copper Ore Mining in China

2019-2020 Revenue Growth: 0.3%

Industry revenue for the Copper Ore Mining industry in China has increased at an annualized 0.1% over the five years through 2019, to $12.98 billion. The performance of the industry is largely in line with downstream demand for copper products. Industry revenue grew sharply by 40.5% in 2010, owing to the economic recovery and rebounding price of copper. The industry's strong performance continued in 2011, but slowed down slightly in 2012 and 2013 due to the milder performance of the overall economy. Since 2014, with weak market demand and declining copper prices, industry revenue decreased by 1.5% to $12.74 billion... Learn More

10. Sugar Production in China

2019-2020 Revenue Growth: 0.4%

Increases in consumer incomes and the rapid development of many downstream industries have made China a major sugar-consuming country. Industry revenue is set to total $18.1 billion in 2019, up 0.2% for the year. Over the five years through 2019, industry revenue is expected to decrease at an annualized rate of 2.2%, largely due to a drop in output in 2015 that caused total revenue to decrease by 12.3% in that year. However, industry revenue has been recovering from 2016, because of increasing demand and government assistance. Sugar exports account for only a small proportion of industry revenue at about... Learn More