{"id":10485,"date":"2025-03-12T13:12:59","date_gmt":"2025-03-12T13:12:59","guid":{"rendered":"https:\/\/www.jbsagolf.com\/blogs\/?p=10485"},"modified":"2025-10-06T10:18:40","modified_gmt":"2025-10-06T10:18:40","slug":"shifting-trends-in-the-global-manufacturing-landscape","status":"publish","type":"post","link":"https:\/\/www.jbsagolf.com\/blogs\/shifting-trends-in-the-global-manufacturing-landscape\/","title":{"rendered":"Shifting Trends in the Global Manufacturing Landscape"},"content":{"rendered":"

Global industrial sector which includes mining, manufacturing and utilities expanded by 2.3% in 2022. The most active among them was manufacturing, which rose by 3.2 percent, whereas mining and utilities sectors drooped by 0.9 percent. In 2023, the industrial development was under pressure of numerous negative factors. Whereas manufacturing took a worldwide lead in growing industries, mining and utilities were the greatest contributors in low-income economies.<\/span><\/p>\n

Global manufacturing has exhibited, in recent years, the so-called dual decoupling. On the one hand, manufacturing activities and carbon emissions have experienced positive decoupling, because the production keeps increasing but the emissions are held comparatively constant. Conversely, a negative decoupling has occurred between manufacturing output and employment on the other hand, that is, the growth in manufacturing output has not resulted into additional job opportunities. This has especially been the case with female employment in manufacturing that has been on the decrease, a phenomenon that the pandemic has made worse.<\/span><\/p>\n

The world manufacturing industry is altering as well and some relocation of industries is being observed. The high-income economies manufacture industry is moving to the middle-income economies, and also out of North America and Europe, into Asian and Oceania. This trend has been speeded up by the pandemic crisis.<\/span><\/p>\n

Meanwhile, the role of high-tech industries in the manufacturing industry is growing. Such industries have picked up at a quicker pace after the pandemic and are continuing to grow dynamically, whereas the low-tech industries have stagnated. This detour may also increase disparities within and among countries.<\/span><\/p>\n

Progress on United Nations Sustainable Development Goals (SDGs) has been achieved since 2015 by all regions and country groups, except high-income industrial economies and Latin America & the Caribbean. Nevertheless, the general rate of the progress is too slow to meet global SDGs by 2030.<\/span><\/p>\n

In terms of innovation, Europe, East Asia and North America have the most innovative economies in the world. Nevertheless, statistical efforts should be reinforced further in order to gauge in detail manufacturing innovation, its dynamo, barriers, and effects and to give important indicators useful in policymaking.<\/span><\/p>\n

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