Ikhaya » Iindaba zamva » I-10 Global Fastest Declining Industries
amashishini ali-10 ahla ngokukhawuleza kwihlabathi jikelele

I-10 Global Fastest Declining Industries

Isiqulatho
Global Iron Ore Mining
IMgodi yamalahle yeHlabathi
Global Newspaper Publishing
UkuPapashwa kweMagazini yeHlabathi
Global Computer Manufacturing
I-Global Life & Health Insurance Carriers
Global Automobile Engine & Parts Manufacturing
Global Soft Drink & Bottled Water Manufacturing
IPhepha leGlobal & iPulp Mills
Global Commercial Printing

1. Global Iron Ore Mining

2023-2024 Ukukhula kweNgeniso: -8.9%

Global iron ore mining performance has been strong through the end of 2023. Industry revenue is a function of global demand conditions and volatility in the world price of iron ore throughout the period has led to several years of double-digit rises. Global iron ore mining revenue has been surging at a CAGR of 8.1% over the past five years and is expected to total $305.1 billion in 2023, when revenue will fall by an estimated 7.1% This five-year overall growth can be mainly attributed to the recovering demand trends after the peak of the COVID-19 pandemic.

2. IMgodi yamalahle yeHlabathi

2023-2024 Ukukhula kweNgeniso: -8.5%

Coal mined by global coal mining companies plays a vital role in the world’s ability to generate electricity and manufacture steel. Coal’s position in global electricity markets stems from its relative accessibility, affordability and distribution across the globe. The world’s largest coal producers are China, the United States and India, with these countries expected to retain their positions for the foreseeable future. Global coal mining revenue is a function of global production of coal mined products alongside global coal prices, with prices being closely tied to global economic conditions.

3. Global Newspaper Publishing

2023-2024 Ukukhula kweNgeniso: -2.8%

Global newspaper publishers are highly susceptive to macroeconomic trends, as consumers tend to reduce subscriptions during volatile periods and advertisers tend to withdraw or limit spending when times are uncertain. Still, regardless of economic performance, global newspaper publishers have experienced decades or near-steady declines, as consumers increasingly obtain news from other media outlets, including television and streaming shows, online video platforms, podcasts, radio and online-only newspapers. As a result, over the past five years, revenue has been declining at a CAGR of 4.6% and is expected to reach $84.5 billion in 2023, when revenue is estimated to fall 2.2%.

4. UkuPapashwa kweMagazini yeHlabathi

2023-2024 Ukukhula kweNgeniso: -2.7%

The industry has struggled to adapt to the challenges and opportunities presented by digital disruption and economic shifts in recent years. The proliferation of new forms of media, with many available online and for free, has threatened the traditional position of magazines. In addition to competition from online media, industry operators have struggled to adopt successful digital monetization strategies. Magazine circulation has remained relatively steady, and newsstand sales have declined in developed economies, leaving publishers to sell heavily discounted subscriptions to bolster their audience and maintain value for advertisers.

5. Global Computer Manufacturing

2023-2024 Ukukhula kweNgeniso: -1.1%

Global computer hardware manufacturers produce a diverse range of products, including desktop and laptop personal computers (PCs), computer peripherals and storage devices. Through the current period, competing trends have defined performance. Growing competition from tablet devices and mobile phones has eroded demand for traditional PCs worldwide, culminating in declining PC shipments despite robust demand during the pandemic. Price competition has also limited manufacturers’ potential. Industry revenue has been contracting at a CAGR of 1.2% over the past five years, and is expected to reach $274.1 billion in 2023.

6. I-Global Life & Health Insurance Carriers

2023-2024 Ukukhula kweNgeniso: -0.2%

Ishishini lehlile kule minyaka mihlanu ukuya ku-2023 ngaphandle kokukhula kwemfuno yehlabathi yeemveliso ze-inshorensi. Ishishini libonelela ngeenkonzo eziyimfuneko zolawulo lomngcipheko kubathengi abasezantsi kwaye liyinxalenye ebalulekileyo yecandelo lezemali, ngakumbi malunga nokugcinwa kwee-asethi ezinkulu zeshishini. Abaqhubi bemizi-mveliso bakhusela abantu kwizigulo zangoku, ezikhawulezileyo kunye nezexesha elide, iindleko zokwenzakala kunye nokufa. Ngokudibanisa imingcipheko eyahlukeneyo, ii-inshurensi zobomi kunye nempilo zikhusela iqhezu lelahleko enokwenzeka. Indima yobomi kunye ne-inshurensi yezempilo ibaluleke kakhulu njengoko abantu behlabathi bekhulile.

7. Global Automobile Engine & Parts Manufacturing

2023-2024 Ukukhula kweNgeniso: 0.7%

Revenue for the Global Automobile Engine and Parts Manufacturing industry, which produces motor vehicle engines and other engine parts such as valves, crankshafts, camshafts, fuel injectors and pistons, is expected to grow an annualized 1.9% to $375.4 billion over the five years to 2022. Ultimately, the industry is tethered to that of global car production, thus leaving operators vulnerable to a myriad of macroeconomic and political factors that affect the automotive sector in aggregate. During most of the period, an emphasis on engine efficiency and economic growth supported industry expansion.

8. Global Soft Drink & Bottled Water Manufacturing

2023-2024 Ukukhula kweNgeniso: 0.7%

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.

9. IPhepha leGlobal & iPulp Mills

2023-2024 Ukukhula kweNgeniso: 0.8%

The digitization of the global economy and expanding internet usage have reduced demand for newsprint and other traditional paper products, curbing growth for the Global Paper and Pulp Mills industry over the past five years. Still, mills have benefited from expanding developing economies in Asia and South America. Over the past five years, consumer spending and online retail growth have supported demand for packaging paper, offsetting declines from traditional paper segments. Revenue has stagnated over the past five years, staying at an estimated $492.1 billion in 2023.

10. Global Commercial Printing

2023-2024 Ukukhula kweNgeniso: 0.9%

Kwisithuba seminyaka emihlanu ukuya ku-2022, ingeniso yeGlobal Commercial Printing industry iye yanyamezela ukucutheka, kunye nokusebenza kakubi kwiimarike eziphuhlileyo zehlabathi ezichaswa kukukhula kweemalike eziphuhlayo, nangona ekugqibeleni inganelanga ukukhawulelana nentsingiselo yokwehla kweshishini. Iimarike eziphuhlisiwe ziye zakhuphisana namanqanaba aphezulu okuzaliswa kweemarike kunye nokukhethwa okwandisiweyo phakathi kwabathengi bemidiya yedijithali, eye yanciphisa imfuno yokupapasha, ishishini eliphambili elisezantsi labashicileli. Ngaphaya koko, ukwamkelwa kwe-intanethi kunye neetekhnoloji ezintsha ezinje ngee-smartphones kunye nezixhobo zethebhulethi zithintele iinzuzo ezinokubakho kunye nokuncipha kwengeniso.

Umthombo ovela IBISWorld

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