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General Manufactured Goods Market Growth Accelerates: Strategic Forecast Predicts $1251.33 Billion by 2029

11-04-2025 06:03 AM CET | Chemicals & Materials

Press release from: The Business Research Company

General Manufactured Goods

General Manufactured Goods

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What Will the General Manufactured Goods Industry Market Size Be by 2025?
The general manufactured goods market has seen robust expansion in recent years. It will increase from $935.55 billion in 2024 to $987.43 billion in 2025 at a CAGR of 5.5%. This historic growth has been supported by economic cycles, globalization, regulatory changes, and shifting consumer trends.

What's the Long-Term Growth Forecast for the General Manufactured Goods Market Size Through 2029?
The market for general manufactured goods is projected to experience robust expansion in the coming years. The market is projected to attain a valuation of $1251.33 billion in 2029, with a compound annual growth rate (CAGR) of 6.1%. This anticipated growth over the forecast period can be linked to factors such as sustainability and environmental consciousness, demographic shifts, the rise of e-commerce and digital sales, and the increase in remote work and digital cooperation. Key trends likely to shape this period include the implementation of technology, state-of-the-art manufacturing approaches, custom-made products, and the use of collaborative robots (cobots).

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What Are the Key Growth Drivers Fueling the General Manufactured Goods Market Expansion?
The growth of the general manufactured goods market is being fueled by an increase in household income. This income encompasses the cumulative gross monthly earnings of all members of a household. Generally, when total demand surges, household wealth follows suit. This leads to a rise in disposable income which, in turn, boosts consumer expenditure on a variety of goods, including generally manufactured goods. For example, the Office of National Statistics, an executive office of the Statistics Authority based in the UK, reported in an article in September 2024 that the UK witnessed a rise of 6.3% in gross disposable household income (GDHI) in 2022 compared to 2021. Consequently, the general manufactured goods market is expanding due to increased household income.

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What Are the Key Trends Driving General Manufactured Goods Market Growth?
Leading companies in the market are channeling their efforts towards the production of innovative items, such as the Apex Pro Series golf irons, to bolster their product portfolio and secure a competitive edge. The design of the Apex Pro Series golf irons is lauded for its focus on delivering a blend of performance and feel desired by advanced golfers. For example, in August 2023, Topgolf Callaway Brands Corp., a sports equipment manufacturer from the US, introduced the Callaway Apex Pro Series, which includes the Apex CB and MB irons, catered to cater to the needs of pro golfers. The Apex Pro irons showcase a hollow body design with two distinct faces, while the Apex CB and MB irons are one-piece forged models composed of carbon steel. The CB model also comes with tungsten toe weighting to improve balance and performance. These irons merge technology and craftsmanship to heighten performance and touch on the golf field for elite players.

How Is the General Manufactured Goods Market Segmented?
The general manufactured goods market covered in this report is segmented -

1) By Type: Jewelry And Silverware, Sporting And Athletic Goods, Doll, Toy, And Game, Office Supplies (except Paper), Sign, All Other Miscellaneous Manufactured Goods
2) By Distribution Channel: Hypermarket/Supermarket, Convenience/Departmental Store, Specialty Store, Online Store, Other Distribution Channels

Subsegments:
1) By Jewelry And Silverware: Fine Jewelry (Gold, Platinum, Diamonds), Costume Jewelry, Watches And Timepieces, Silverware (Cutlery, Serving Utensils, Decorative Items), Engagement Rings And Wedding Bands
2) By Sporting And Athletic Goods, Doll, Toy, And Game: Sporting Goods (Fitness Equipment, Outdoor Sports Gear, Exercise Machines), Athletic Apparel And Footwear, Dolls And Action Figures, Toys (Educational, Board Games, Plush Toys, Electronic Toys), Video Games And Gaming Consoles, Sports Equipment (Balls, Rackets, Helmets, Protective Gear)
3) By Office Supplies (Except Paper): Writing Instruments (Pens, Markers, Pencils), Office Furniture (Desks, Chairs, Filing Cabinets), Stationery (Folders, Binders, Notebooks, Staplers), Computer Accessories (Keyboards, Mice, Monitors), Printing And Labeling Equipment, Office Organization Tools (Calendar, Organizers, Whiteboards)
4) By Sign: Outdoor Signs (Billboards, Wayfinding Signs, Directional Signage), Indoor Signs (Advertising, Safety Signs, Directional Signage), Digital Signage (LED, LCD, Projection-Based), Neon Signs, Custom Signage (Business Logos, Event Signage), Vehicle Wraps And Graphics
5) By All Other Miscellaneous Manufactured Goods: Hand Tools And Power Tools, Household Appliances (Kitchenware, Vacuums, Air Conditioners), Personal Care Products (Cosmetics Packaging, Grooming Tools), Medical Devices (Surgical Instruments, Diagnostic Tools), Furniture And Home Décor Items, Decorative Items (Candles, Frames, Ornaments)

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Which Companies Are Leading the Charge in General Manufactured Goods Market Innovation?
Major companies operating in the general manufactured goods market include Decathlon SA, Compagnie Financiere Richemont SA, The Lego Group, Hasbro Inc., Mattel Inc., Tiffany & Co., Pandora A/S, Newell Brands Inc., Berkshire Hathaway Inc., 3M Company, Kimberly-Clark Corporation, Procter & Gamble Co., Johnson & Johnson, General Electric Company, Siemens AG, Sony Corporation, Samsung Electronics Co. Ltd., LG Corporation, Nestle SA, The Coca-Cola Company, PepsiCo Inc., Unilever plc, The Hershey Company, Mondelez International Inc., Kellogg Company, Campbell Soup Company, Colgate-Palmolive Company, The Clorox Company, The Goodyear Tire & Rubber Company, Whirlpool Corporation, Electrolux AB, Nike Inc., Adidas AG, Under Armour Inc., VF Corporation, Levi Strauss & Co., The Gap Inc., Hanesbrands Inc., Ralph Lauren Corporation, PVH Corp.

Which Regions Are Leading the Global General Manufactured Goods Market in Revenue?
Asia-Pacific was the largest region in the general manufactured goods market in 2024. Western Europe was the second largest region in the general manufactured goods market. The regions covered in the general manufactured goods market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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