The Global General Manufacturing Market Was Valued At USD 630 Billion In 2017

Posted by praneeth on August 6th, 2018

The general manufacturing industry comprises establishments primarily engaged in manufacturing of jewellery and silverware, sporting and athletic goods, office supplies, sign manufacturing and others.

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The global general manufacturing market was valued at USD 630 billion in 2017. Among regional markets, Asia Pacific was the largest geographic region in the market, accounting for nearly half of the global market share. The market saw a growth as new technology came in practice, such as use of 3D printing in general manufacturing. 3D technology allows manufacturers to create a complete self-supporting object. This technology enables manufactures to produce complex objects that are light and reliable. Greater flexibility and customization are the other major advantages of 3D printing technology.

The market in the report is segmented into: jewellery & silverware manufacturing, sporting & athletic goods manufacturing, toy & game manufacturing, office supplies (except paper) manufacturing, sign manufacturing and all other miscellaneous manufacturing.

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China was the largest country in the market, accounting for almost one-fourth of the global general manufacturing market share. This is partially due to high presence of fabrics and apparel manufacturing facilities in China, which consume textiles as raw materials. China was followed by India and Japan as the next largest countries in the market.

The top five competitors in the market are: Dream International Limited followed by Adidas, Integrity Toys Inc, JAKKS Pacific Inc and LEGO Group. Dream International Limited is principally engaged in toys business. The company operates through three business segments: The Plush Stuffed Toys segment, The Plastic Figures segment and The Ride-on Toys segment. The company was incorporated in 1992 and headquartered in Hong Kong, China.

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praneeth

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praneeth
Joined: June 6th, 2018
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