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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 Spirits Manufacturing

11.9
2.

Global Reinsurance Carriers

6.7
3.

Global Military Aircraft & Aerospace Manufacturing

5.7
4.

Global Fruit & Vegetable Processing

5.1
5.

Global Airport Operation

4.3
6.

Global Internet Service Providers

4.0
7.

Global Management Consultants

3.8
8.

Global Apparel Manufacturing

3.6
9.

Global Investment Banking & Brokerage

3.6
10.

Global Accounting Services

3.2
* 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 Spirits Manufacturing

    2023 Units *: 11.9

    The Global Spirits Manufacturing industry is characterized by two differing trends. In developed regions such as the United States, Europe and Japan, moderate industry growth is being driven by a shift in consumption to high-priced premium and super-premium spirits. In emerging regions such as China and India, both volume and value growth, albeit from a low price base, are driving industry revenue growth. IBISWorld expects that in 2008, the Global Spirits Manufacturing industry will record (all figures in constant 2008 US dollars):

    • Revenue totaling $52.87 billion, a 3.2% increase from the previous year.
    • Value added of $14.13 billion, a 4.2% increase... 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 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

        • 6. 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

        • 7. Global Management Consultants

          2023 Units *: 3.8

          The Global Management Consulting industry has experienced strong revenue growth during the current performance period in line with increasing global GDP and business profits, along with a growing culture among businesses to outsource assistance in strategizing and decision making. Also, the move by major firms worldwide into Asian, and particularly Chinese, markets that require advice on establishing new operations in that region has caused growth well above global GDP throughout the current period. The expected US downturn in 2008 will hurt global revenue growth, but longer term growth is likely to be buffered by Asian growth. Firms engaged in management consulting... Learn More

        • 8. 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

          • 9. 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

          • 10. Global Accounting Services

            2023 Units *: 3.2

            • The Global Accounting Services Industry is sensitive to changes in economic growth, as well as to changes in tax, finance, superannuation and investment legislation and regulations. Outsourcing of finance and accounting services and advice by business and governments is also important, as is the growth in international trade and investment, private equity deals, IPOs, mergers and acquisitions by clients on a global scale.
            • Unless otherwise stated, all financial data is presented in constant 2006 US dollars from national currency converted using an annual average exchange rate.
            Revenue and Value Added
            • IBISWorld forecasts that the Global Accounting Services Industry, in constant 2007... 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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