Fastest Growing Industries by Exports Global in 2025

1. Global Biotechnology

Growth in Exports 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. Sky-high investment began settling in 2022, as higher interest rates moved risk-averse investors away from early-stage companies into established companies with a higher likelihood of return. Investor uncertainty continued into 2023, with high interest... Learn More

2. Global Heavy-Duty Truck Manufacturing

Growth in Exports for 2025: 4.6%

The Global Heavy-Duty Truck Manufacturing industry has experienced an eventful time over the past five years. Governments across the globe have imposed new regulations aimed at reducing truck emissions. Truck prices typically increase when new standards are introduced due to higher research and development costs to make truck emissions compliant. Truck buyers are aware of this trend, and when legislation change is announced, buyers tend to purchase vehicles in anticipation of rising prices once the new law is implemented.

Despite rising regulations, the industry grew before the pandemic due to growth in emerging economies such as China and India. But the... Learn More

3. Global Soft Drink & Bottled Water Manufacturing

Growth in Exports for 2025: 4.5%

The Global Soft Drink and Bottled Water Manufacturing industry has experienced obstacles stemming from mature markets, leading to an overall contraction. Due to growing health concerns, consumers in both North America and Europe have curbed their intake of sugary beverages, such as carbonated soft drinks, fruit juices and traditional sports drinks. Bottled water consumption has also wavered in recent years due to concerns over the environmental footprint of plastic bottles. Nonetheless, the strengthening economies of the BRIC nations, which include Brazil, Russia, India and China, in addition to countries in Asia, Latin America and the Middle East have supported the... Learn More

4. Global Respiratory Ventilator Manufacturing

Growth in Exports for 2025: 4.3%

Products produced by the Global Respiratory Ventilator Manufacturing industry have long been a staple of the global healthcare sector. Demand for ventilators has historically been stable since they are a life-saving device for patients with limited breathing function. While hospitals do not usually need a significant number of ventilators, the COVID-19 (coronavirus) pandemic caused demand for ventilators to skyrocket in 2020. Patients with severe coronavirus symptoms often need to be ventilated because their lungs become so inflamed that they are unable to provide the body with enough oxygen. While ventilation is not always successful, early in the pandemic, it was... Learn More

5. Global Cardboard Box & Container Manufacturing

Growth in Exports for 2025: 3.8%

Over the five years to 2023, the industry has benefited from growth in global consumer spending and world GDP. Growing consumer spending led to expanding downstream markets, including manufacturing, retail and wholesale businesses. In addition, rising demand from emerging markets, such as China and India, has boosted demand for cardboard containers. But strong fluctuations in the world price of wood pulp have hampered revenue growth in specific years. However, supply chain disruptions during and following the COVID-19 pandemic caused prices to increase and revenue to surge. Altogether, industry revenue is expected to grow at a CAGR of 7.2% to $458.3... Learn More

6. Global Beer Manufacturing

Growth in Exports for 2025: 3.8%

The Global Beer Manufacturing industry has struggled due to shifts in its structure over the past five years. Rising disposable income during most of the period and consumers' shift from traditional products to higher-quality beer has underpinned rising beer consumption and strong volume growth in emerging markets. But declining per capita beer consumption and relatively flat volume growth have hampered revenue across China and traditional North American and European markets. This has been ameliorated by growth in high-value craft beers and foreign brands over the past five years. The coronavirus also contributed to industry difficulties, as demand from bars and... Learn More

7. Global Pharmaceuticals & Medicine Manufacturing

Growth in Exports for 2025: 3.8%

Pharmaceutical manufacturers have benefited from an aging population in developed economies and a growing middle class in emerging economies, which has provided a larger customer base for companies in the Global Pharmaceuticals and Medicine Manufacturing industry. Many manufacturers have also tapped into regional demand for pharmaceuticals that may differ from developed markets and have expanded their global presence to tap into regional market needs and develop relationships with government entities that can accelerate drug approval or implement high reimbursement rates. The outbreak of COVID-19 presented drug manufacturers with new opportunities; however, only very few drug manufacturers were able to participate... Learn More

8. Global Consumer Electronics Manufacturing

Growth in Exports for 2025: 3.8%

Over the current period, consumer electronics manufacturers have faced declines. The outbreak of COVID-19 lowered consumer spending, manufacturing output and trade volumes in 2020. Many of the largest manufacturers have faced declines as competition from one another and smaller manufacturers has increased. Overall, industry-wide revenue has been falling at a CAGR of 0.3% over the past five years and is expected to total $1.6 trillion in 2023, when revenue will jump by an estimated 2.6% and profit will dip to 3.5%.

Semiconductor shortages have negatively impacted consumer electronics manufacturers, leading to climbing smartphone prices. Higher smartphone prices and only incremental... Learn More

9. Global Spirits Manufacturing

Growth in Exports for 2025: 3.5%

The Global Spirits Manufacturing industry has benefited from premiumization trends in both developed and emerging economies over the past five years. Emerging markets like China and India have picked up the slack from declines in Eastern Europe resulting from political tensions and government intervention. Spirit consumption in emerging markets has flourished alongside population growth and urbanization, while consumers in developed economies have spent more on spirits by trading up to premium products. The rising trend of ready-to-drink cocktails has fueled growth in developed economies, staving off competition from substitute beverages like wine and beer. Over the past five years, revenue... Learn More

10. Global Cosmetics Manufacturing

Growth in Exports for 2025: 3.5%

Global cosmetic manufacturers faced troubles during the period. This industry provides a wide array of products; a good deal of these products are non-discretionary, which partly shielded manufacturers from major disruptions seen in 2020 during COVID-19. 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 discretionary products plummeted, leaving a huge glut in demand within the market. In more recent years, a return of consumer spending and disposable income has led... Learn More