The global manufacturing industry has seen a steady growth over the last decade. Between 2010 and 2019, the industry grew at a compound annual growth rate of four percent in terms of sales of its products. This trend will likely continue in the future. The forecast shows an average growth of five percent from 2019 to 2030, with Chinese companies growing the most and, by 2030, accounting for over half of the worldwide total.
Global industrial goods sales in 2010, 2019, and 2030, by region
(in billion U.S. dollars)
Characteristic
Rest of World
Nafta
Western Europe
Asia Pacific excluding China
China
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Oliver Wyman. (November 23, 2020). Global industrial goods sales in 2010, 2019, and 2030, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1192287/global-industrial-goods-output-sales/
Oliver Wyman. "Global industrial goods sales in 2010, 2019, and 2030, by region (in billion U.S. dollars)." Chart. November 23, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1192287/global-industrial-goods-output-sales/
Oliver Wyman. (2020). Global industrial goods sales in 2010, 2019, and 2030, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1192287/global-industrial-goods-output-sales/
Oliver Wyman. "Global Industrial Goods Sales in 2010, 2019, and 2030, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Nov 2020, https://www.statista.com/statistics/1192287/global-industrial-goods-output-sales/
Oliver Wyman, Global industrial goods sales in 2010, 2019, and 2030, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1192287/global-industrial-goods-output-sales/ (last visited July 22, 2024)
Global industrial goods sales in 2010, 2019, and 2030, by region (in billion U.S. dollars) [Graph], Oliver Wyman, November 23, 2020. [Online]. Available: https://www.statista.com/statistics/1192287/global-industrial-goods-output-sales/