Between 2019 and 2022, a Colombian and an Argentinian company ranked at the top of the list of fastest growing businesses in Latin America. Simetrik, a software developer for data analysis, and Saphirus, an Argentinian air freshener products manufacturer, registered a compound annual revenue growth in that period of 135.39 and 125.85 percent, respectively. Out of the ten Latin American companies with the highest CAGR in those years, two were headquartered in Brazil.

The U.S. manufacturing sector plays a central role in the economy, accounting for 20% of U.S. capital investment, 60% of the nation's exports and 70% of business R&D. Overall, the sector's market size, measured in terms of revenue is worth roughly $6 trillion, making it a major industry to do business with. So which U.S. states are the biggest for manufacturing? This article will explore the nation's top manufacturing states, measured by number of employees, based on MNI's database of 400,000 U.S. manufacturing companies.

Vermont was the leading state in terms of cat ownership, with some ** percent of households owning a pet cat in 2025. In comparison, around ** percent of households in Wisconsin were cat owners that year. Cat ownership in the U.S. There are almost ** million households in the U.S. that own a cat. Cats are the second most popular type of pets, only surpassed by dogs, which are owned by about ** million households. The average accident and illness insurance premium for a cat in the U.S. amounts to approximately *** U.S. dollars annually. The costs of insurance largely depend on the type of cat. The largest cat insurance claims paid in Canada and in the U.S. are made for a sphynx. A total claim amount of approximately ****** U.S. dollars is paid annually to treat various conditions for this breed. In comparison, a total claim amount of slightly under ****** U.S. dollars is paid for domestic short hairs at the age of 4. American pet food companies The global pet food market has shown a growing trajectory for over a decade. The market reached sales of approximately *** billion U.S. dollars in 2022. The U.S. company Freshpet is the fourth fastest-growing pet food company worldwide, with an annual growth rate of about ** percent. The U.S. companies General Mills and Tuffy’s Pet Foods are also among the top ten fastest-growing pet food companies worldwide, with annual growth rates of approximately ** and ** percent, respectively. The German company Bewital petfood GmbH & Co. KG ranks in first place, with an annual growth rate of almost 100 percent. The leading pet food company in the U.S. is Mars Petcare Inc., with **** billion U.S. dollars in revenue. Nestlé Purina PetCare follows closely in second place with just under **** billion U.S. dollars in revenue.

In 2022, the fastest growing private company in North Carolina was health products company Livingood Daily, headquartered in Cary. The company grew ****** percent that year. Following Livingood Daily was Hoodsly.com, which grew ***** percent.

China boasts the fastest growing GDP of all developed nations. Neighboring regions will have the largest middle class in history. China is building transport infrastructure to take advantage. Companies that capture market share in this region will be the largest and best performing over the next decade.

Macro Tailwinds

1) China GDP is the fastest growing of any major country with expected 5-6% over the next decade. If businesses (Alibaba, Tencent, etc..) maintain flat market share, that alone will drive 5-6% over the next decade. This is already higher than JP Morgans expectation (from their 13f filings) that the US market will perform between -5% and +5% over this coming decade.

2) The Southeast Asia Region contains about 5 billion people. China is constructing the One Best One Road which will be completed by 2030. This will grant their businesses access to the fastest and largest growing middle class in human history. Over the next 10+ years this region will be home to the largest middle class in history, potentially over 10x that of North America and Europe, based on stock price in Google Sheets.

Increasing average Chinese income.

Chinese average income has more than doubled over the last decade. Having sustained the least economic damage from the virus, this trend is expected to continue. At this pace the average Chinese citizen salary will be at 50% of the average US by 2030 (with stock price in Excel provided by Finsheet via Finnhub Stock Api), with the difference being there are 4x more Chinese. Thus a market potential of almost 2x the US over the next decade.

The Southeast Asia Region now contains the largest total number of billionaires, this number is expected to increase at an increasing rate as the region continues to develop. Over the next 10 years the largest trading route ever assembled will be completed, and China will be the primary provider of goods to 5b+ people

2013 North America was home to the largest number of billionaires. This reversed with Asia over the following 5 years. This separation is expected to continue at an increasing rate. Why does this matter? Over the next 10 years the largest trading route ever assembled will be completed, and China will be the primary provider of goods to 5b+ people

Companies that can easily access all customers in the world will perform best. This is good news for Apple, Microsoft, and Disney. Disney stock price in Excel right now is $70. But not for Amazon or Google which at first may sound contrary as the expectation is that Amazon "will take over the world". However one cannot do that without first conquering China. Firms like Alibaba and Tencent will have easy access to the global infrastructure being built by China in an attempt to speed up and ease trade in that region. The following guide shows how to get stock price in Excel.

We will explore companies using a:

1) Past

2) Present (including financial statements)

3) Future

4) Story/Tailwind

Method to find investing ideas in these regions. The tailwind is currently largest in the Asia region with 6%+ GDP growth according to the latest SEC form 4 from Edgar Company Search. This is relevant as investments in this region have a greater margin of safety; investing in a company that maintains flat market share should increase about 6% per year as the market growth size is so significant. The next article I will explore Alibaba (NYSE: BABA), and why I recently purchased a large position during the recent Ant Financial Crisis.

The coronavirus pandemic has had catastrophic consequences on small businesses in the United States. Between March and August 2020, monthly online searches for "small business loan forgiveness" increased by over 115,270 percent compared to the previous year. During that period, small businesses were also featured in seven of the top ten fastest growing search queries relating to "loans" in the United States.

Shein's market share in the United States more than doubled between March 2020 and March 2022, going from approximately 18 to 40 percent. This market share gain occurred at the expense of nearly all other fast fashion companies in the United States, as all except Zara saw their market share dwindle during that time period. Most notably, H&M's market share in the U.S. decreased ten percentage points between March 2020 and March 2022. By November 2022, Shein held 50 percent of the U.S. fast fashion market.

Fast fashion e-commerce

As the fast fashion industry continues to evolve, Shein is not the only e-commerce pure player disrupting the overall landscape. Companies such as ASOS and Zalando, for example, can turn out collections with remarkable speed, providing an edge against their brick-and-mortar competitors. From 2020 to 2022, net sales at ASOS.com are forecast to increase by more than two million U.S. dollars. Over the same time period, Zalando's net sales are forecast to increase by nearly one million U.S. dollars.

The rise of Shein

Shein may not be the only e-commerce pure player changing the landscape of the fast fashion industry, but it is definitely the most prominent one. According to estimates, the fast fashion giant has seen its revenue increase by more than 22 billion U.S. dollars since 2016. Maybe even more impressive is the fact that Shein.com was the second fastest growing e-commerce website in the world in 2022, and was the only fashion company to crack the list.

In 2024, Nvidia was the fastest growing brand worldwide. The U.S. tech giant registered an annual brand value growth of 178 percent. Instagram ranked second, with a growth rate of 93 percent. Tech brands among the most valuable Apple was the world’s most valuable brand in 2024. The technology company recorded an estimated brand value of over one trillion U.S. dollars. Overall, leading U.S.-based tech enterprises dominated the brand ranking. For instance, Google’s brand value amounted to roughly 753 billion dollars, while Microsoft was valued at 713 billion. 2023 sees loss in collective brand value After numerous consecutive years of growth, the aggregate value of the 100 most valuable brands worldwide dropped in 2023 but picked up again in 2024. In 2023, it declined by 20 percent, only to increase by the same percentage a year later. Business solutions & technology providers drove the overall growth of the value of the 100 brands in the ranking.

The North America Printed Signage Market was valued at USD 12.68 Billion in 2023 and is expected to reach USD 15.93 Billion by 2029 with a CAGR of 3.72% during the forecast period.

According to cognitive market research, the global Luxury Goods Market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.

North America held the largest share of the global Turbo Generator market around XX% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
Asia-Pacific accounted for a share of over XX% of the global market size of USD XX million.
Europe held a market share of around XX% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
The Latin American market is around XX% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
Middle East and Africa held the major market of around XX% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.

Market Dynamics of the Luxury Goods Market

Key Drivers of the Luxury Goods Market

Increasing the wealth of the population will help in market expansion.

Luxury goods are the primary product for the wealthy population and an increasing number of them led to the expansion of the market. There are 2,781 billionaires in the world, and according to the Hurun Global Rich List, china has the highest number of billionaires 814 in the world. To attract the Gen Z generation and millennials to luxury products businesses are tailoring their product offerings. For example, brands like Louis Vuitton have added customized options or the option of hand paints or adding a hot stamp to their bags. This attracts Gen Z and the wealthy population’s rising desire for high-end fashion goods. • For Instance, the report by ET BRAND EQUITY.com the billionaires' spending on luxury brands has increased as global financial wealth grew by 10.6% at the fastest rate as compared to the last decade, a hike of $26 trillion in wealth can be seen. Also Hermes International said that they have seen a growth of 24% excluding currency swings.

(Source:https://brandequity.economictimes.indiatimes.com/news/business-of-brands/the-worlds-rich-are-spending-on-luxury-goods-like-its-1999/95054360#:~:text=The%20immense%20growth%20in%20affluence,increasing%20demand%20for%20luxury%20goods.&text=Global%20financial%20wealth%20grew%2010,extra%20%2426%20trillion%20in%20wealth).

• For instance, according to the report consultancy.eu there will be a hike in the luxury goods market by 12% and the luxury goods market considering watches, jewelry, and fashion brands are expected to reach €570 billion by 2030, and the market of personal luxury personal care is expected to grow around 10-12%.

(Source:https://www.consultancy.eu/news/9073/global-luxury-goods-industry-could-grow-by-12-this-year).

Increasing awareness towards eco-friendly or sustainable products provides an opportunity for growth.

The global luxury brand is promoting the use of sustainable and eco-friendly raw material products instead of using animal-based products like leather, the luxury brands have started using plant-based leather like pineapple and other organic resources that can be used to make jackets, footwear, and handbags. Consumers are also demanding sustainable and eco-friendly products. Here are some brands that use vegan or plant-based leather for manufacturing luxury goods Stella McCartney, Gunas, Angela Roi, MATT & NAT, etc. Additionally, the brands also emphasize safe raw materials, less water consumption, and less electricity use throughout the supply chain. Some brands have also used the offer of high-end solar watches made from recycled material. • For instance, according to the article by Appnova, the demand for sustainability in luxury brands is increasing as per the report there are around 85% of millennials and the Generation Z population help to increase the sales of luxury brands. The study indicates that around 73% of millennials are looking forward to spending more on sustainable luxury products.

(Source:https://www.appnova.com/sustainability-in-luxury-fashion-top-brands-and-their-sustainable-practices/).

...

Snapshot img

Events Industry Market Size 2025-2029

The events industry market size is forecast to increase by USD 1067.1 billion, at a CAGR of 13.5% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the increasing number of corporate events. Companies are recognizing the value of face-to-face interactions for building relationships, fostering innovation, and enhancing their brand image. Another key trend is the growing popularity of events in education, where immersive learning experiences are increasingly preferred over traditional classroom settings. However, this market also faces challenges, most notably the emerging threat from open-source virtual events solutions. As technology advances, more organizations are turning to virtual events to save costs and reach larger audiences. This shift poses a significant challenge for traditional event organizers, requiring them to adapt and innovate to remain competitive.
Companies seeking to capitalize on market opportunities and navigate challenges effectively must focus on delivering unique, engaging experiences that differentiate them from virtual alternatives. Adapting to evolving attendee preferences and leveraging technology to enhance the event experience will be essential for success in this dynamic market.

What will be the Size of the Events Industry Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

The events industry continues to evolve, with market dynamics unfolding in various sectors. Event decor transitions from traditional to innovative, integrating technology and sustainability practices. Virtual events emerge as a viable alternative to physical gatherings, offering flexibility and cost savings. Event security adapts to new threats, ensuring attendee safety. Event ticketing streamlines processes, offering contactless options and real-time analytics. Event networking opportunities expand beyond in-person interactions, fostering virtual connections. Event marketing strategies incorporate data-driven insights, personalization, and automation. Event budgeting tools leverage artificial intelligence for accurate forecasting. Accessibility features become a priority, ensuring inclusivity for all attendees.

Event staffing agencies offer specialized talent, from event planners to security personnel. Venue management companies adopt technology for seamless event coordination and optimization. Event professional certifications ensure industry expertise and best practices. Event measurement tools provide real-time analytics for continuous improvement. Event risk management strategies evolve, addressing emerging risks and implementing crisis management plans. Event legal compliance becomes increasingly complex, requiring expert guidance. Event feedback collection methods become more sophisticated, enabling continuous improvement. Event planning software innovations streamline processes, from registration to post-event analysis. Event catering adapts to dietary restrictions and preferences. Event registration systems offer customizable options and real-time analytics.

Event logistics companies leverage technology for efficient coordination. Event industry publications provide valuable insights, covering trends, best practices, and innovations. Event data management solutions offer secure and efficient storage and analysis. Event safety regulations evolve, prioritizing attendee safety. Event technology innovations continue to transform the industry, from virtual reality to augmented reality experiences. Event insurance offerings expand, addressing new risks and offering customizable coverage. Event industry standards prioritize sustainability, accessibility, and attendee experience. Hybrid events combine the best of virtual and physical gatherings, offering flexibility and inclusivity. Event analytics provide valuable insights for continuous improvement and growth.

The event industry continues to evolve, with ongoing adaptations and innovations shaping the landscape. From event production to event sponsorship, the industry remains dynamic and responsive to changing market demands.

How is this Events Industry segmented?

The events industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Corporate events and seminar
  Music concert
  Festival
  Sports
  Others


Source

  Sponsorship
  Ticket sale
  Others


Revenue Type

  Ticket Sale
  Sponsorship
  Food and Beverage
  Advertising
  Merchandise Sales
  Membership Fees
  Participation Fees
  Media and Licensing Revenue
  Others


Age Group

  Below 20 Years
  21 to 40 Years
  Above 40 Years

In 2024, Google's parent company reported an annual revenue increase of ** percent. In 2024, video content and streaming platform Netflix increased its annual revenue by ** percent. Meta Platforms (formerly Facebook Inc.) generated a ** percent year-on-year revenue increase during the same period. Additionally, Amazon had a year-over-year revenue increase of ** percent for its fiscal year of 2024.

The software-as-a-service (SaaS) industry continues to dominate the tech landscape, with Salesforce leading the pack among public SaaS companies on U.S. stock exchanges. As of November 2024, Salesforce boasts a market capitalization of over *** billion U.S. dollars, highlighting the immense value investors place on subscription-based software models. This trend reflects the growing preference of businesses worldwide for flexible, scalable solutions over traditional upfront software investments. Global growth and regional disparities The SaaS market is poised for significant expansion across all regions, with Latin America emerging as the fastest-growing market. Projections indicate that Latin America's cloud and SaaS revenue will surge from *** billion U.S. dollars in 2021 to ** billion U.S. dollars by 2026, representing a compound annual growth rate of ** percent. This rapid growth underscores the increasing global adoption of SaaS solutions, particularly in emerging markets. Adoption trends and security concerns SaaS adoption varies by company size, with smaller firms leading the charge. In 2023, companies with 1–500 employees reported a nearly ** percent adoption rate, compared to just over ** percent for large enterprises with more than ****** staff. However, as SaaS usage grows, so do security concerns. Identity and access governance topped the list of security worries with ** percent of respondents in 2023, followed closely by third-party application access and permissions at ** percent. These concerns highlight the need for robust security measures as businesses increasingly rely on SaaS solutions.

According to a June 2023 study, India-based online food delivery platform Zomato would have the highest revenue growth in the online marketplace sector, with a 61 percent Compound Annual Growth Rate (CAGR) from 2021 to 2023. Indonesian e-commerce company Bukalapak ranked second with a CAGR of 58 percent. Uber and Allegro came next, with a 47 and 43 percent increase, respectively.

Alibaba Group Holding Limited/New Retail & Direct Sales was the world's fastest-growing retailer between the fiscal years 2016 and 2021. The retailer registered a retail revenue CAGR (compound annual growth rate) of 153.1 percent during that period.

Who are the top retailers with the highest CAGR in retail revenue globally?

From fiscal year 2015 to 2020, Coupang Corp., Reliance Industries Limited, and Wayfair registered the highest compound annual growth rate in retail revenues. Coupang Corp is South Korea's largest online retailer. The retailer sells a variety of merchandise including apparel, cosmetics, electronics, footwear, food products, toys, furniture, among others. Meanwhile, Reliance Retail, part of Reliance Industries Limited, is India's largest retailer. The company offers consumer electronics, fashion, and groceries and operates over 11.7 thousand stores across India. Finally, Wayfair, the world's third fastest growing retailer, is a U.S. based online furniture and home décor company. The retailer employs around 17 thousand people and has more than 30 million active customers.

The world’s leading retail markets

The United States, China, India, and Germany are amongst the world’s top retail markets. As of 2019, the United States was the largest retail market in the world, with sales of over five trillion U.S. dollars. China, which has been closely following United States’ footsteps, surpassed the North American country for the first time in history to be the world’s largest retail market in 2020. Though this trend is forecast to be reversed in 2021, China’s fast post-pandemic (COVID-19) recovery allowed the nation to claim the number one position in the former year.

Keytruda is projected to stay the top-ranked drug worldwide based on sales in 2025, with some 31 billion U.S. dollars. This statistic displays the expected top drugs in 2025 based on sales projections as of December 2024. It has to be mentioned that Novo Nordisk's brands Ozempic and Wegovy are, in fact, the same drug (generic name semaglutide), where only dosage and dose form define if it is used for diabetes or weight loss. It is very similar in the case of Eli Lilly's Mounjaro and Zepbound which are basically one and the same drug (generic name tirzepatide). Oncology's dominance in pharmaceutical revenues Cancer treatments are becoming increasingly crucial in the pharmaceutical landscape. Keytruda's projected sales for 2025 underscore this trend, while the drug's revenue increased by more than four billion dollars between 2023 and 2024. This growth is part of a larger pattern in global oncology spending, which exceeded 250 billion U.S. dollars globally in 2024, almost doubling from five years earlier. The substantial investment in cancer treatments is likely to continue, with major pharmaceutical companies like Johnson & Johnson, AstraZeneca, and Merck expected to be the oncology market leaders by 2030. Market dynamics and company performance Merck & Co. has seen its overall revenue increase to 64 billion in 2024, driven largely by its oncology franchise. The company's commitment to innovation is evident in its record-high R&D spending in 2023. This focus on research and development is crucial for maintaining competitiveness in the industry, as demonstrated by the changing rankings of top-selling drugs. For instance, AbbVie's Humira, once a blockbuster, dropped out of the top 10 best-selling drugs in 2024 due to patent expiration, highlighting the constant need for pharmaceutical companies to innovate and develop new products to maintain their market position.

In 2023, Edelman continued to top the global ranking of public relations (PR) agencies by annual fee income, with its result surpassing *********** U.S. dollars. All the world's top five firms are based in the United States. Weber Shandwick and BCW rounded the top three, with estimated fee incomes of *********** and *********** dollars, respectively. Edelman: a PR MVP? According to the same source, Edelman's fee income peaked in 2022. That year, the annual result amounted to almost as much as in 2010 and 2011 combined. Edelman can be deemed the most valuable player (MVP) among multinational PR firms, but that depends on the game. The leviathan of advertising marketing holdings still has the upper hand. The PR operations revenues of Omnicom, WPP, and IPG all surpassed Edelman's parent holding, DJE, in 2022. Growers, not (yet) showers Albeit not reaching the top 10 by annual results, some smaller firms experienced double-digit increase rates in 2023. The ranking of the ** fastest-growing PR agencies worldwide included companies headquartered in Spain, the United Kingdom, the U.S., Canada, German, and Brazil whose fee incomes grew by over ** percent compared to 2022. Among the 10 fastest-expanding U.S.-based PR firms, growth rates surpassed ** percent.

Aramco, a state-owned oil and gas company based in Dhahran, Saudi Arabia, topped the list of Middle Eastern brands in 2025, with an estimated brand value of **** billion U.S. dollars. The second most valuable Middle Eastern brand, ADNOC, had an estimated value of about ***** billion U.S. dollars. Top oil brands in the Middle East The Middle East is home to several leading brands in the oil and gas industry, reflecting the region's strategic position as a global energy hub. In 2022, the Middle East was responsible for the largest share of global oil production, contributing approximately one-third of the world's total oil output. Saudi Aramco stands as a symbol of Saudi Arabia's dominance in the oil sector. The country possesses one of the globe's most substantial oil reserves, comprising around ** percent of the world's conventional oil resources. The region’s top companies The Middle East is famous for several prominent brands that have made a significant impact both regionally and globally. Among these, Emirates Airlines stands out as one of the world's leading carriers, known for its luxurious services and extensive network of international destinations. It is now the largest airline in the Middle East, operating from Dubai International Airport, ranked as the world's busiest airport in 2020. Additionally, telecommunications giant Etisalat has expanded its footprint across the Middle East and Africa, providing innovative communication services. Recently Etisalat was considered the world's fastest growing network provider. These and other top Middle Eastern brands not only contribute to the region's economic growth, but also enhance its global reputation for innovation and business excellence.

Generating close to *** billion U.S. dollars’ worth of sales in 2023, Walmart was by far the leading food and grocery retailer in the United States. The retail giant made more than double the amounts generated by The Kroger Co., which ranked ****** that year. Food & grocery retailers While Walmart is a large and established food and grocery retailer, new companies are emerging on the market. Some of the fastest-growing retailers between 2014 and 2019 included Amazon.com, Dollar Tree, and Albertsons Cos. Amazon.com’s food and grocery sales grew by almost ** percent during that period and in 2020 totaled *** billion U.S. dollars. Walmart Walmart is an American retail corporation that was founded by Sam Walton in 1962. That year, the very first Walmart store opened in Rogers, Arkansas, and the number of locations has been growing ever since. By 2024, there were almost ****** stores across the globe, which were visited by customers an average of *** million times a week.

Microsoft was the largest software and programming company worldwide by net sales from 2017 to 2024. In the most recent year, Microsoft’s sales revenue reached *** billion U.S. dollars. Oracle and Salesforce ranked in distant second and third places, earning ** and ** billion U.S. dollars, respectively. Enterprise Software Industry In 2023, the IT spending on enterprise software amounted to *** billion U.S. dollars worldwide. The enterprise software market is the fastest-growing sector in the IT industry, in comparison to other segments such as IT services and data center systems. The market includes a wide range of applications such as human resource management (HRM), enterprise resource planning (ERP), customer relationship management (CRM), office suites, etc. However, due to the negative economic impact of the coronavirus (COVID-19) pandemic, the market witnessed a decline in 2020 but recovered quickly in 2022. Microsoft Corporation Founded in 1975 by Bill Gates and Paul Allen, Microsoft has grown into one of the most successful tech firms in the world and has experienced years of continued success. Microsoft’s core business is its productivity and business process segment, from which the company generated over *** billion U.S. dollars in its 2022 financial year. Intelligence cloud, another highly prolific segment, brought in a further *** billion U.S. dollars in that year.