IBT1000: Top 10 Industries With The World's Fastest Growing Companies

By @moranzhang on
#1 - Textiles, Apparel & Luxury Goods
The textiles, apparel & luxury goods industry tops our IBT1000 list featuring 7.7 percent of the fastest growing companies in the world over the past three years as the affluent shoppers loosen their purse strings. Indian companies made up more than half of the list, followed by Greater China -- home to 18 of the 77 fastest growing textiles companies -- and Pakistan. Based on the IBT1000 database, companies within the industry grew at an average compound annual growth rate (CAGR) of 24.6 percent. The global textiles market had total revenue of $1,037.6 billion in 2009, representing a CAGR of 5.7 percent for the period spanning 2005-2009. The fabrics segment proved the most lucrative for the global textiles market in 2009, with total revenues of $413.4 billion, equivalent to 39.8 percent of the market's overall value. The performance of the market is forecast to remain much the same, with an anticipated CAGR of 5.7 percent for the five-year period 2009-2014, which is expected to drive the market to a value of $1,369.8 billion by the end of 2014. *Spotlight companies: Mahalaxmi Rubtech Ltd., Vyapar Industries Ltd. and Liberty Mills Ltd. Source: Datamonitor Reuters

Among the 1000 world's fastest-growing companies that IBT1000 tracks, most fall into industries that have done well in the past three years. Nearly a quarter of the companies that made the list do business in the field of consumer discretionary.

A look at the specific industries with the highest number of companies on the list provides some insight into how different industries fared in the past and where to invest for growth.

The top 10 industries are ranked based on the number of fastest growing companies in the segment, not the average three-year compound annual growth rate (CAGR).

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