Fastest Growing Industries by Imports in Global in 2025

• 1. Global Car & Automobile Manufacturing

  Growth in Imports for 2025: 7.3%

  Global 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...

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• 2. Global Footwear Manufacturing

  Growth in Imports for 2025: 4.7%

  The Global Footwear Manufacturing industry has seen a downturn in recent years because of various global challenges. Amid mounting geopolitical tension, unpredictable economic climates and shifting consumer trends, the industry has experienced a turbulent journey. One influential factor has been the increasing instability in the global price of crude oil, a vital component in rubber production, which is the primary material for footwear. Also, increased tariffs in major countries like the US ...

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• 3. Global Biotechnology

  Growth in Imports for 2025: 4.7%

  Explosive 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...

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• 4. Global Heavy-Duty Truck Manufacturing

  Growth in Imports for 2025: 4.6%

  Global 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...

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• 5. Global Plastic Product & Packaging Manufacturing

  Growth in Imports for 2025: 4.5%

  The 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...

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• 6. Global Soft Drink & Bottled Water Manufacturing

  Growth in Imports for 2025: 3.9%

  The 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 ...

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• 7. Global Cardboard Box & Container Manufacturing

  Growth in Imports for 2025: 3.8%

  The 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...

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• 8. Global Cosmetics Manufacturing

  Growth in Imports for 2025: 3.5%

  Global 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...

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• 9. Global Commercial Aircraft Manufacturing

  Growth in Imports for 2025: 3.3%

  The 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-...

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• 10. Global Automobile Engine & Parts Manufacturing

  Growth in Imports for 2025: 2.8%

  Automobile 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...

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