Industries in Growth Stage of Life Cycle in China in 2024

1. Solar Power Generation in China

2024 Units *: 15.8

The still immature Solar Power Generation industry has been developing rapidly. Industry revenue has been rising at an annualized rate of 195.8% over the five years through 2013 to total $1.6 billion.

Rising household demand for electricity in China has led to several power supply shortages over the past few years, which has stimulated demand for solar power generation. In addition, a reliance on imported oil and gas resources for power and increasing environmental consciousness have led to a strong government focus on the development of renewable energy, especially solar power. In the twelfth five-year planning period (2011 to 2015),... Learn More

2. Cafes, Bars & Other Drinking Establishments in China

2024 Units *: 14.0

ACMR-IBISWorld estimates that the Cafes, Bars and Other Drinking Establishments industry in China will generate $1.7 billion in 2014, up 16.5% from 2013. Over the past five years, industry revenue has been growing at an annualized rate of 29.2%.

In recent years, lifestyle changes, an increasing emphasis on personal happiness and the development of a range of drinking establishments have contributed to rapid industry growth. In addition, increasing urbanization in China and higher incomes have increased demand for industry services. Last, improvements in chain store and franchise management as well as new brands have supported the industry's development.

ACMR-IBISWorld forecasts that in... Learn More

3. Mail-Order & Online Shopping in China

2024 Units *: 13.4

An ACMR-IBISWorld analysis of the Industry of Mail-order and Electronic Shopping Operators in China in 2008 shows:

• The industry of Mail-order and Electronic Shopping Operators in China is expected to generate a total of $645.5 million in revenue, representing an annualized growth rate of 33.3% in the five years to 2008. The industry is expected to generate an estimated total of $67.1 million in value added, which represented an annualized growth rate of 38.9% over the same period. The growth rate of value added in 2008 was 33.7%, much higher than the 11.4% GDP growth rate, which implies that this industry... Learn More

• 4. Online Shopping in China

  2024 Units *: 13.0

  The Online Shopping industry in China is expected to generate $178.5 billion in 2012, up 49.7% for the year. Over the five years through 2012, industry revenue has been rapidly rising at an annualized rate of 81.6%. This high growth is due to the increasing penetration level of e-commerce in China and the development of online businesses and the services they provide.

  Despite the global financial crisis in 2008 and 2009, online shopping grew strongly. Most products are sold online at lower prices than in brick-and-mortar stores. As such, people turned to cheaper goods online to meet a lot of their... Learn More

• 5. Alternative-Fuel Car & Automobile Manufacturing in China

  2024 Units *: 13.0

  The Alternative-Fuel Car & Automobile Manufacturing industry in China has developed strongly in the past five years due to the large amounts of subsidies and favorable policies from governments, improving vehicle performances, increasing number of charging facilities, changing attitude of environment protection, etc. Industry revenue is expected to total $2.61 billion, up 16.9% from 2016, with an annualized growth rate of 119.6% during the past five years. Industry profit is relatively high, average 10.4% of industry revenue in 2017, stimulated by subsidies from governments, reducing costs of key parts and accessories, high level of automation, etc.

  Industry exports are very limited... Learn More

• 6. Boat Building in China

  2024 Units *: 12.2

  The Pleasure Boats and Non-metal Boat Building Industry in China developed rapidly in the five-year period to 2010, with industry revenue increasing at an annualized rate of 26.6%. This high revenue growth has been due to strong and increasing foreign and domestic demand in recent years.

  The industry's very high export levels are a major distinguishing feature of this industry. This is mainly due to boating and other luxury leisure activities are generally more common and popular in developed countries with higher average household disposable income levels. However, the proportion of exports to industry revenue has decreased from 71.9% in 2005... Learn More

• 7. Solar Panel Manufacturing in China

  2024 Units *: 12.0

  The Solar Panel Manufacturing industry in China has been developing quickly. In the five years through 2012, industry revenue has been growing at an annualized rate of 56.7% to total $71.6 billion. During the same period, Chinese solar cell output has been increasing 65.4% per year, with an estimated output of 14.8 giga-watts (GW) in 2012. In 2011, the industry faced the double-problem of excess production capacity and weak demand from Europe due to its sovereign debt crisis. The government was forced to issue a policy to limit production expansion. As a result, industry revenue is only expected to grow... Learn More

• 8. Alternative Energy in China

  2024 Units *: 11.5

  An ACMR-IBISWorld analysis of the Alternative Power Generation Industry in China in 2008 shows:

  • Industry revenue totaled $706.7 million for the year, up by 22.0% from 2007 (constant 2007 dollars). Domestic demand increased at almost the same rate due to very limited levels of international trade in the industry.
  • There were 125 establishments operating in this industry, employing 8,800 people with total wages of $41.8 million.
  • Value added, which is the industry's contribution to GDP, totaled $529.7 million, which had increased by 20.0% from 2007.
  In 2009, ACMR-IBISWorld forecasts that:
  • Industry revenue will increase by 31.0% to $925.7 million, while value added will... Learn More

  • 9. Plastic Surgery Hospitals in China

    2024 Units *: 10.0

    The relatively young Plastic Surgery Hospital industry in China has been growing at the rapid pace of 16.3% annually over the past five years. In 2012, industry revenue is set to jump 13.4% to $106.3 million. Rising demand for plastic surgery has been driven by changing attitudes toward self image, technological advancements in industry procedures, higher disposable incomes, and the aging population in China.

    Recent trends include the emergence of the male market for plastic surgery and increased patient concerns regarding the health and safety of procedures. Micro-plastic or cosmetic injections, such as Botox, are the fastest-growing procedures as they are... Learn More

  • 10. Integrated Circuit Manufacturing in China

    2024 Units *: 9.6

    An ACMR-IBISWorld analysis of Integrated Circuit Manufacturing in China during 2008 shows:

    • Industry revenue and value-added are expected to amount to $30.74 billion and $9.50 billion, respectively, up 22.8% and 21.6%, respectively, from 2007. Industry revenue is estimated to increase at an annualized growth rate of 34.0% in the five-year period from 2003 to 2008.
    • Domestic demand is estimated to total $147.05 billion for the year, up 22.0% from 2007. Approximately 89.6% of domestic demand is estimated to be satisfied by imported products.
    • Exports and imports of this industry will amount to $15.42 billion and $131.73 million, respectively, during the year.... Learn More