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Industries in Growth Stage of Life Cycle in China in 2023

Based on the expert analysis and our database of 280+ China industries, IBISWorld presents a list of the Industries in Growth Stage of Life Cycle in China in 2023

The 10 Industries in Growth Stage of Life Cycle in China

Industry
2023 Units *
1.

Alternative-Fuel Car & Automobile Manufacturing in China

16.4
2.

Cafes, Bars & Other Drinking Establishments in China

14.7
3.

Solar Power Generation in China

13.3
4.

Alternative Energy in China

13.2
5.

Solar Panel Manufacturing in China

12.7
6.

Mail-Order & Online Shopping in China

12.5
7.

Energy-Efficiency Consultants in China

11.9
8.

Hazardous Waste Management in China

11.7
9.

Dental Equipment Manufacturing in China

10.7
10.

Mattress Manufacturing in China

10.4
* 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

Industries in Growth Stage of Life Cycle in China in 2023

  • 1. Alternative-Fuel Car & Automobile Manufacturing in China

    2023 Units *: 16.4

    The Alternative-Fuel Car & Automobile Manufacturing industry in China has developed strongly in the past five years due to the large amounts of subsidies and favorable policies from governments, improving vehicle performances, increasing number of charging facilities, changing attitude of environment protection, etc. Industry revenue is expected to total $2.61 billion, up 16.9% from 2016, with an annualized growth rate of 119.6% during the past five years. Industry profit is relatively high, average 10.4% of industry revenue in 2017, stimulated by subsidies from governments, reducing costs of key parts and accessories, high level of automation, etc.

    Industry exports are very limited... Learn More

  • 2. Cafes, Bars & Other Drinking Establishments in China

    2023 Units *: 14.7

    ACMR-IBISWorld estimates that the Cafes, Bars and Other Drinking Establishments industry in China will generate $1.7 billion in 2014, up 16.5% from 2013. Over the past five years, industry revenue has been growing at an annualized rate of 29.2%.

    In recent years, lifestyle changes, an increasing emphasis on personal happiness and the development of a range of drinking establishments have contributed to rapid industry growth. In addition, increasing urbanization in China and higher incomes have increased demand for industry services. Last, improvements in chain store and franchise management as well as new brands have supported the industry's development.

    ACMR-IBISWorld forecasts that in... Learn More

  • 3. Solar Power Generation in China

    2023 Units *: 13.3

    The still immature Solar Power Generation industry has been developing rapidly. Industry revenue has been rising at an annualized rate of 195.8% over the five years through 2013 to total $1.6 billion.

    Rising household demand for electricity in China has led to several power supply shortages over the past few years, which has stimulated demand for solar power generation. In addition, a reliance on imported oil and gas resources for power and increasing environmental consciousness have led to a strong government focus on the development of renewable energy, especially solar power. In the twelfth five-year planning period (2011 to 2015),... Learn More

  • 4. Alternative Energy in China

    2023 Units *: 13.2

    An ACMR-IBISWorld analysis of the Alternative Power Generation Industry in China in 2008 shows:

    • Industry revenue totaled $706.7 million for the year, up by 22.0% from 2007 (constant 2007 dollars). Domestic demand increased at almost the same rate due to very limited levels of international trade in the industry.
    • There were 125 establishments operating in this industry, employing 8,800 people with total wages of $41.8 million.
    • Value added, which is the industry's contribution to GDP, totaled $529.7 million, which had increased by 20.0% from 2007.
    In 2009, ACMR-IBISWorld forecasts that:
    • Industry revenue will increase by 31.0% to $925.7 million, while value added will... Learn More

    • 5. Solar Panel Manufacturing in China

      2023 Units *: 12.7

      The Solar Panel Manufacturing industry in China has been developing quickly. In the five years through 2012, industry revenue has been growing at an annualized rate of 56.7% to total $71.6 billion. During the same period, Chinese solar cell output has been increasing 65.4% per year, with an estimated output of 14.8 giga-watts (GW) in 2012. In 2011, the industry faced the double-problem of excess production capacity and weak demand from Europe due to its sovereign debt crisis. The government was forced to issue a policy to limit production expansion. As a result, industry revenue is only expected to grow... Learn More

    • 6. Mail-Order & Online Shopping in China

      2023 Units *: 12.5

      An ACMR-IBISWorld analysis of the Industry of Mail-order and Electronic Shopping Operators in China in 2008 shows:

      • The industry of Mail-order and Electronic Shopping Operators in China is expected to generate a total of $645.5 million in revenue, representing an annualized growth rate of 33.3% in the five years to 2008. The industry is expected to generate an estimated total of $67.1 million in value added, which represented an annualized growth rate of 38.9% over the same period. The growth rate of value added in 2008 was 33.7%, much higher than the 11.4% GDP growth rate, which implies that this industry... Learn More

      • 7. Energy-Efficiency Consultants in China

        2023 Units *: 11.9

        The Energy-Efficiency Consulting industry in China is estimated to generate $31.4 billion in 2012, representing annualized growth of 54.2% over the past five years. Boosted by an array of energy-saving and emission reduction regulations implemented in 2006, the industry has been showing rapid growth.

        Issued in 2010, the Interim Measures for Management of Financial Incentive Funds of Energy Management Contracting Projects allocated generous subsidies for contract energy management (CEM) projects. This marked the beginning of the standardization of the industry in China. According to the National Development and Reform Commission, there were 1,719 recorded (i.e. registered) energy service establishments in China... Learn More

      • 8. Hazardous Waste Management in China

        2023 Units *: 11.7

        Revenue for the Hazardous Waste Management industry in China was expected to total $1.46 billion in 2014, up 15.1% from 2013. In the five years through 2014, industry revenue increased at an annualized rate of 18.3% due to strong and increasing demand from many rapidly developing industries.

        Demand for the Hazardous Waste Management industry comes mainly from various manufacturing industries that have realized soaring growth and generated unprecedented amounts of hazardous waste in recent years. Government bodies of various levels in China have been attaching more importance to waste management to increase living standards; this has also boosted industry demand. Out... Learn More

      • 9. Dental Equipment Manufacturing in China

        2023 Units *: 10.7

        An ACMR-IBISWorld analysis of the Dental Equipment and Supplies Manufacturing Industry in China shows that by the end of 2008:

        • Industry revenue is expected to total $141.0 million, and contribute an estimated $62.0 million towards Gross Domestic Product (GDP) of China, or value added. These represent increases of 22.6% and 26.5% respectively from 2007 (all figures in constant 2007 dollars).
        • There will be about 32 enterprises (with 240 establishments) operating within the industry, employing 3,780 people with an estimated payroll of $9.8 million.
        • This industry makes up only 0.13% of the total medical and pharmaceutical products manufacturing sector in terms of industry... Learn More

        • 10. Mattress Manufacturing in China

          2023 Units *: 10.4

          The Mattress Manufacturing industry in China has developed rapidly in recent years due to the large population, increasing income levels of Chinese residents, booming housing market, growing demand from hotels, etc. Industry revenue is expected to total $8.2 billion, up 13.8% from 2016, with an annualized growth rate of 10.3% during the past five years. Industry profit is relatively high, average 10.1% of industry revenue in 2017, squeezed by increasing raw material prices and labor costs.

          Industry exports are estimated to amount to $1.6 billion, up 8.7% from 2016, with an annualized growth rate of 2.9% in the past five... 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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