Question: Which Sectors Will Grow In Next 10 Years?

Is the paper industry dying?

The U.S.

paper mill industry is expected to decline at annual rate of 2.5 percent through 2022.

Revenues are expected to decline from $33.8-$33.6 billion.

At the same time, the sanitary paper products manufacturing industry is expected to increase by 0.6 percent from $12 billion this year to $12.3 billion in 2022..

Which sectors will grow in next 10 years in India?

7 Sectors for Long Term InvestmentIT (Information Technology): The revival of USA economy is good news for IT sector. … Pharma (Pharmaceuticals) Recently Govt of India has taken certain steps to promote pharma sector. … Housing Finance Companies / NBFC: … Auto – 4 Wheeler. … Infrastructure: … FMCG – Urban Consumption. … Logistics.

Which industries will grow in future?

From biotechnology to artificial intelligence, we count down five of the fastest growing industries.1 – Renewable energy. … 2 – Cybersecurity. … 3 – Biotechnology. … 4 – Virtual reality. … 5 – Artificial intelligence.

What industry is the fastest growing?

Five out of the 20 industries projected to grow the fastest from 2019 to 2029 are in healthcare and social assistance, the fastest growing industry in the economy.

What are the 5 largest industries in the world?

Global Biggest Industries by Revenue in 2020Global Oil & Gas Exploration & Production. … Global Commercial Real Estate. … Global Car & Automobile Sales. … Global Car & Automobile Manufacturing. … Global Direct General Insurance Carriers. … Global Commercial Banks. … Global Auto Parts & Accessories Manufacturing. … Global Tourism. $1,541,0B.More items…

What is the future industry in 2025?

By 2025 as the Virtual Reality market continues to boom (from $7.9 billion in 2018 to $53.6 billion in 2025 as per MarketsandMarkets research), virtual reality will become the standard part of marketing campaign.

Which industry makes the most money?

Money is flooding into these 10 industries that are adding jobs and thrivingTechnology. Forecasted revenue growth: 1.9 percent.Health. Forecasted revenue growth: 2.3 percent. … Energy. Forecasted revenue growth: 8.1 percent. … Media. Forecasted revenue growth: 1.8 percent. … Consumer retail. … Construction. … Hospitality. … Finance. … More items…•

Which sectors will do well in 2020?

Best stock market sectors for the rest of 2020:Information technology.Health care.Consumer staples.Communication services.Consumer discretionary.Materials.Financials.

Which sector is growing fastest in India?

SynopsisRankBrand NameIndustry1One 97 / PaytmFinancial Services2GoBOLTTransport & Support Services3Saankhya LabsAerospace, Defence & Security4RazorpayFinancial Services9 more rows•Feb 1, 2020

Which sector is best to invest now?

However, as an investor, you are recommended to look at these five sectors from a long-term perspective and select the stocks that fit into your investment goals….5 Best industry sectors in 2020 for Indian investorsBanking. Are you serious? … Infrastructure. … Automobile. … Information Technology. … Consumer Electronics.

Which industry will boom in 2020?

Fastest Growing Industries in the US in 2020Cough & Cold Medicine Manufacturing OTC. 2019-2020 Revenue Growth: 68.8% … 3D Printing & Rapid Prototyping Services. 2019-2020 Revenue Growth: 28.8% … Online Pet Food & Pet Supply Sales. … Hydraulic Fracturing Services. … Autonomous Underwater Vehicle Manufacturing.

Which industries are declining?

The 10 Fastest Declining Industries in the USMovie Theaters in the US. -62.2%Musical Groups & Artists in the US. -61.8%Car Rental in the US. -49.4%Airport Operations in the US. -45.4%Hotels & Motels in the US. -45.2%Petroleum Refining in the US. -44.2%Mining, Oil & Gas Machinery Manufacturing in the US. -43.4%Trade Show and Conference Planning in the US. -42.6%More items…