Between 2019 and 2023, oil and gas explorers and producers logged the highest total revenue worldwide, reaching *** trillion U.S. dollars. Life and health insurance carriers followed behind.

As of January 2024, the first leading industry in Software-as-a-Service (SaaS) by total revenue was financial services software, with nearly 26 billion U.S. dollars in revenue, representing over the double of the second leading industry in the market. Marketing software and analytics software companies followed, with 11.6 billion U.S. dollars and 10.2 billion U.S. dollars, respectively.

As of January 2024, the most profitable industry in the United States was money center banking, with a profit margin of 30.89 percent. The profit margin of the regional banking was not too far off, with a net profit margin of 29.67.

China Industrial Enterprise: Large & Medium: Sales Revenue: Year to Date data was reported at 55,802.030 RMB bn in Oct 2018. This records an increase from the previous number of 50,231.830 RMB bn for Sep 2018. China Industrial Enterprise: Large & Medium: Sales Revenue: Year to Date data is updated monthly, averaging 13,504.010 RMB bn from Jan 2001 (Median) to Oct 2018, with 190 observations. The data reached an all-time high of 72,293.438 RMB bn in Dec 2016 and a record low of 719.541 RMB bn in Feb 2001. China Industrial Enterprise: Large & Medium: Sales Revenue: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BF: Industrial Financial Data: Large and Medium Enterprise.

Swings in the economy have a limited impact on warehouse clubs and supercenters because these retail establishments offer low-priced goods. When consumer sentiment is high, shoppers spend more time visiting industry retailers and buying extra items. Conversely, when consumer sentiment is low, warehouse clubs and superstores draw a larger pool of consumers as households seek to cut expenses by buying in bulk for the future. Many of these retailers have been able to attract and retain more business by offering memberships and reward programs that disincentivize consumers to visit the competition. Revenue for warehouse clubs and supercenters is expected to climb at a CAGR of 3.2% to $771.1 billion through the end of 2025, including growth of 2.8% in 2025 alone. In the same year, profit will account for 3.5% of revenue, a dip from 2020 because of strong competitive forces and inflation. Online companies can undercut traditional warehouse clubs and supercenters' prices by taking advantage of lower operational costs. The brick-and-mortar warehouse clubs and supercenters incur higher operational costs than online-based businesses because they pay for high-traffic retail space and require employees for daily operations. Retailers are increasingly optimizing their online presence for mobile shopping. Walmart, a leader in the industry, has introduced a competing service known as Walmart+, which costs $98.00 annually. Walmart+ provides members with unlimited free deliveries, fuel discounts and a more streamlined in-store shopping experience via the Scan & Go feature on the Walmart app. Although this service emphasizes increasing Walmart's e-commerce sales, the fuel discounts and access to the Scan & Go feature on the company's app will encourage in-store purchases. Warehouse clubs and supercenters' revenue will expand as the domestic economy surges. Consumer spending and corporate profit boosts encourage future revenue growth by prompting more consumers to buy club memberships and spend on bulk purchases. Consumption rates will continue to climb across the US, promoting strong foot traffic and these retailers that often sell products in bulk. Nonetheless, increasing online competition will continue to threaten the industry as retailers like Amazon expand their customer base. Revenue for warehouse clubs and supercenters is expected to swell at a CAGR of 2.3% to $862.8 billion through the end of 2030.

The statistic shows the revenue generated by high-tech companies through new products in 2023, by industry. In 2023, companies from the electronic chemicals manufacturing industry generated a revenue of around ** billion yuan through new products.

This horizontal bar chart displays revenues ($) by industry using the aggregation sum in Pico Rivera. The data is about companies.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Industry, Maine, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 20,194, while the mean income for the highest quintile (20% of households with the highest income) is 176,380. This indicates that the top earners earn 9 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 274,320, which is 155.53% higher compared to the highest quintile, and 1358.42% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2022 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Industry town median household income. You can refer the same here

This horizontal bar chart displays revenues ($) by industry using the aggregation sum. The data is filtered where the sector is Industrials. The data is about companies.

According to Cognitive Market Research, the global Industrial Cleaning Agent market size is USD 15428.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 6171.44 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4628.58 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3548.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 771.43 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 308.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The Oven & Gril Cleaners held the highest Industrial Cleaning Agent market revenue share in 2024.

Market Dynamics of Industrial Cleaning Agent Market

Key Drivers for Industrial Cleaning Agent Market

Increased regulations on cleanliness and hygiene standards to Increase the Demand Globally

Increased regulations on cleanliness and hygiene standards are significantly driving the industrial cleaning agent market by setting higher benchmarks for safety and sanitation across various sectors. Strict regulatory requirements mandate the use of effective cleaning agents to prevent contamination, ensure workplace safety, and maintain high standards of hygiene, particularly in industries such as food processing, healthcare, and manufacturing. Compliance with these regulations necessitates the adoption of specialized cleaning products that meet stringent criteria. This drive for adherence to regulatory standards spurs demand for advanced, effective, and often more expensive cleaning solutions. Consequently, businesses invest in industrial cleaning agents to ensure compliance, avoid penalties, and enhance overall operational efficiency, thereby fueling market growth.

Growing Expansion in manufacturing and food processing to Propel Market Growth

The growing expansion in manufacturing and food processing sectors is driving the industrial cleaning agent market due to the heightened need for effective cleaning solutions to maintain high standards of hygiene and operational efficiency. As manufacturing facilities and food processing plants scale up, they require advanced cleaning agents to manage the increased volume of equipment, surfaces, and production areas that need regular sanitation. Strict regulations and hygiene standards in these industries further necessitate the use of specialized cleaning products. Additionally, the complexity of modern production processes demands effective cleaning solutions to prevent contamination and ensure product quality. The expansion of these sectors, coupled with their focus on maintaining rigorous cleanliness protocols, significantly boosts the demand for industrial cleaning agents, driving market growth.

Restraint Factor for the Industrial Cleaning Agent Market

High Production Costs to Limit the Sales

High production costs are restraining the industrial cleaning agent market by limiting affordability and accessibility. The development of advanced cleaning agents often involves expensive raw materials, complex manufacturing processes, and stringent quality control measures. These costs are passed on to consumers, making industrial cleaning products more expensive. Additionally, high production costs can deter new entrants and smaller companies from competing in the market. As a result, industries may opt for less effective or lower-cost alternatives to manage expenses. Economic fluctuations and cost pressures from regulatory compliance further exacerbate these challenges. Consequently, high production costs can hinder market growth by limiting the adoption of premium cleaning solutions and affecting overall market dynamics.

Impact of Covid-19 on the Industrial Cleaning Agent Market

The COVID-19 pandemic had a profound impact on the industrial cleaning agent market, significantly increasing demand for...

Sales Revenue: Industrial Enterprise: Jilin data was reported at 1,304,570.000 RMB mn in 2024. This records a decrease from the previous number of 1,402,538.000 RMB mn for 2023. Sales Revenue: Industrial Enterprise: Jilin data is updated yearly, averaging 1,116,900.500 RMB mn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 2,343,137.000 RMB mn in 2016 and a record low of 102,111.000 RMB mn in 1995. Sales Revenue: Industrial Enterprise: Jilin data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BF: Industrial Financial Data: Sales Revenue: By Province.

UAB Top Industries financial data: profit, annual turnover, paid taxes, sales revenue, equity, assets (long-term and short-term), profitability indicators.

Sales Revenue: Industrial Enterprise: Jiangsu data was reported at 17,547,640.000 RMB mn in 2024. This records an increase from the previous number of 17,106,850.000 RMB mn for 2023. Sales Revenue: Industrial Enterprise: Jiangsu data is updated yearly, averaging 8,140,115.500 RMB mn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 17,547,640.000 RMB mn in 2024 and a record low of 627,244.000 RMB mn in 1995. Sales Revenue: Industrial Enterprise: Jiangsu data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BF: Industrial Financial Data: Sales Revenue: By Province.

China Industrial Enterprise: Large: Sales Revenue data was reported at 45,217,845.000 RMB mn in 2017. This records an increase from the previous number of 43,644,453.000 RMB mn for 2016. China Industrial Enterprise: Large: Sales Revenue data is updated yearly, averaging 13,069,884.000 RMB mn from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 45,217,845.000 RMB mn in 2017 and a record low of 2,465,149.000 RMB mn in 1996. China Industrial Enterprise: Large: Sales Revenue data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BF: Industrial Financial Data: Large and Medium Enterprise.

According to Cognitive Market Research, the global High-Density Fibreboard - HDF Market size will be USD 6751.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 2700.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2025.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1552.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 337.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 135.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The First Class High-Density Fibreboard category is the fastest growing segment of the High-Density Fibreboard - HDF industry

Market Dynamics of High-Density Fibreboard - HDF Market

Key Drivers for High-Density Fibreboard - HDF Market

Growing Demand for Sustainable Building Materials to Boost Market Growth

The market for high-density fiberboard is anticipated to expand significantly over the coming years due to the growing need for sustainable materials. Wood fibers are squeezed and felted together under high pressure and temperature to create HDF, an engineered wood product. It is beneficial for a variety of uses, including cabinets, floors, and multipurpose furniture. Because it is also created from recycled wood fibers, the material is thought to be more environmentally friendly than regular materials, including regular wood. Additionally, HDF lasts longer and is more resilient. Thus, it is anticipated that HDF uses will increase dramatically in the coming years as the material's environmental benefits become more widely recognized.

Expansion of the construction industry to Drive Market Growth

The expanding construction industry is one of the primary drivers of the market's demand for high-density fiberboards, or HDFs. One of the main industries thought to be the primary driver of HDF demand is this one. Any kind of fiberboard, not just HGDF or MDF, is frequently utilized in construction. They are utilized in wall paneling, flooring, and furniture manufacturing in general. This demand is anticipated to increase in the future as a result of both the general population rise and the GDP growth in many developing nations. Consequently, more people will need to be housed in residential and commercial buildings, which will stimulate the construction industry and increase demand and sales.

Restraint Factor for the High-Density Fibreboard - HDF Market

Strict environmental regulations and the usage of alternative materials, will Limit Market Growth

The HDF industry has additional challenges due to environmental regulations and the usage of alternative materials. Stricter emissions laws and policies that target formaldehyde-based adhesives in wood products provide difficulties for manufacturers and necessitate investments in low-emission technology. Additionally, wind energy lightweight composite materials, which are growing in popularity and offer equivalent performance at lower costs, compete with HDF. However, with continued innovation and adherence to sustainability standards, it is expected that the industry will overcome these challenges and maintain its growth momentum.

Impact of Covid-19 on the High-Density Fibreboard - HDF Market

The market for high-density fiberboard (HDF) was negatively damaged by the COVID-19 outbreak. Raw material availability was reduced as a result of production and shipping delays brought on by disruptions in global supply chains. Temporary shutdowns of manufacturing facilities decreased total output. As the construction and furniture sectors, which are major HDF consumers, were impacted by tight restrictions and economic uncertainty, demand swings were seen. Demand did, however, increase after the pandemic due to a rise in home remodeling, urbanization, and the expansion of the furnit...

Gear and speed changer manufacturers make power transmission equipment and gears used in the production processes of different downstream manufacturers. End users, which range from food and beverage processors, paper manufacturers, plastic manufacturers, construction contractors and industrial manufacturers, require power transmission equipment and gears to outfit their equipment. Manufacturers have faced uneven demand due to volatile economic conditions, changing environmental policy and import penetration. Key markets, like resource extraction, have stagnated as coal mining diminishes. Similarly, climbing interest rates have introduced volatility into construction markets and limited private industrial investment. Overall, revenue will stagnate at an estimated CAGR of 0.6% to $3.9 billion through the current period, including a 0.5% drop in 2024, where profit reached 5.4%. Manufacturers typically sell gear and speed changers as intermediary products in industrial equipment. Buyers then purchase this equipment for large, capital-intensive projects. These projects slowed as corporate profit stagnated and interest rates rose, making projects more expensive. Also, skyrocketing commodity prices, particularly steel, aluminum and oil, increased purchasing costs, constraining profit. Even so, manufacturers can pass on rising costs to buyers, generating higher revenue. Gear and speed changer manufacturers will rebound following the economy's recovery the pandemic and supply chain uncertainty. Growth in manufacturing activity and stronger corporate profit levels will stimulate growth. Also, gears and speed changers are vital components for most industrial machinery, so rallying private industrial equipment and machinery investment will drive demand. Even so, companies will continue to face pressure from imports though successful companies will leverage favorable contracts with buyers and offer more custom-built, high-tech solutions to differentiate from substitutes and competitors. Overall, the revenue will climb at an estimated CAGR of 1.6% to $4.2 billion through the outlook period.

What are the median earnings of high school graduates in the years following high school graduation in each industry group (6 Digit NAICS)?

The Online Office and School Supplies Sales industry has experienced robust revenue growth, increasing at an estimated CAGR of 5.1% reaching $2.8 billion over the past five years. In 2024 alone, revenue is projected to increase by 4.4%. Positive macroeconomic factors and evolving consumer trends have been key drivers of this growth. Rising income levels and a growing percentage of online transactions have bolstered industry performance. The nature of office and school supply products, characterized by low differentiation, has encouraged consumers to purchase online, minimizing the risk of dissatisfaction with their orders. Traditional brick-and-mortar retailers have increasingly moved into the online market, aiming to reclaim sales from online-only competitors, which has further expanded industry revenue. Significant barriers to entry have limited the number of successful enterprises, leading to a high market share concentration among the top four players. This concentration has intensified internal competition, exerting pressure on industry profit. Despite the negative economic impacts of COVID-19 on many sectors, online office and school supply retailers fared well because of their online nature. The shift to remote work led to increased demand for home office supplies and virtual schooling drove parents and caretakers to purchase additional school supplies for home use. Looking ahead, industry revenue is expected to grow at a CAGR of 4.3, reaching $3.4 billion by 2029. As the economy strengthens, operators will benefit from increased demand driven by high disposable income levels and rising corporate profits. While demand for home office supplies may decrease as more employees return to traditional workspaces, businesses will need to purchase more supplies for their expanding in-office workforce. Although e-commerce sales will continue to grow, the rate of growth is expected to slow because of market saturation. High market share concentration will persist, creating significant barriers for new operators attempting to enter the industry.