Fastest Growing Industries by Imports in the US in 2025

1. Computer Peripheral Manufacturing in the US

Growth in Imports for 2025: 26.0%

The industry relies heavily on its performance in the international markets, since an overwhelming amount of downstream demand comes from exports. An appreciation of the US dollar during the current period has certainly depressed growth. As COVID loomed and US businesses closed, consumers were forced inside for the better part of a year. Further decreases in revenue were offset by consumers purchasing from the industry for personal entertainment purposes. Revenue ultimately increased at a CAGR of 0.6% to $14.3 billion over the five years to 2023, with an increase of 1.8% in 2023 alone as profit reached 4.3%.

Demand for computer... Learn More

2. 3D Printer Manufacturing in the US

Growth in Imports for 2025: 16.5%

The 3D printer manufacturing industry has seen significant growth over the past five years, increasing at a CAGR of 14.6% to $7.7 billion, which includes 19.1% growth in 2023 alone. As prices for 3D printers declined, additive manufacturing has become more attractive to both businesses and consumers. The outbreak of COVID-19, which led to massive supply disruptions, has led the public and the government to consider new applications of 3D printing. The Additive Manufacturing (AM) Forward program, launched by the Biden Administration in 2022, focuses on advancing the development and adoption of 3D printing technologies in the US.

Additive manufacturing has... Learn More

3. Hybrid & Electric Vehicle Manufacturing in the US

Growth in Imports for 2025: 15.7%

The Hybrid and Electric Vehicle Manufacturing industry has boomed as the use of renewable energy sources surged in popularity. Hybrid electric vehicles (HEV) and electric vehicles (EV), including plug-in electric vehicles (PEV) and plug-in hybrid electric vehicles (PHEV), have seen a dramatic rise in sales amid elevated oil and gas prices. With concerns about the environment, new entrants continue to flood in looking to establish market share. New government incentives and infrastructure funding have increased the accessibility of electric and hybrid vehicles domestically. Industry-wide revenue has increased at an annualized 29.6% to $88.8 billion over the past five years, including... Learn More

4. Nonferrous Metal Refining in the US

Growth in Imports for 2025: 13.1%

Nonferrous metal refining is highly globalized and closely linked to activity in the construction and manufacturing sectors, along with being heavily influenced by fluctuations in the price of copper and other nonferrous metals, which often reflect cyclical changes in both domestic and global demand. Despite fluctuating demand from downstream markets, the price of copper and nonferrous metals benefited from significant increases for the majority of the five years to 2023, which has benefited the industry as nonferrous metal refiners increased selling prices. Nonferrous metal refining revenue has been expanding at a CAGR of 2.7% over the past five years and... Learn More

5. Helium Production in the US

Growth in Imports for 2025: 8.9%

This Helium Production industry is comprised of small number of operators that produce helium in compressed, liquid and solid forms, supplying it to a diverse range of downstream customers across chemical, metals and energy refining, manufacturing, healthcare and food and beverage industries. Over the five years to 2022, industry operators have relied on strong demand from these downstream markets in addition to international demand to weather volatile conditions. In particular, demand from high-tech manufacturing operations that use helium in components such as semiconductors has buoyed demand, with exports increasing an annualized 1.2% to $446.2 million over the five years to... Learn More

6. RTD Coffee Production in the US

Growth in Imports for 2025: 7.1%

The relatively nascent Ready-to-Drink (RTD) Coffee Production industry, which makes canned and bottled coffee and espresso drinks, has experienced a surge in demand as US consumers' fast-paced lifestyles have created a need for quick options, especially in the morning. Large producers and new entrants have rushed to meet the swell in demand driven largely by millennials, who make up the largest consumer group for ready-to-drink coffee products. Companies have rolled out countless new products, from new varieties in the dominant RTD cold brew segment to niche options catering to a variety of health, dietary and sustainability conscious preferences. With consumers... Learn More

7. Insect Repellent Manufacturing in the US

Growth in Imports for 2025: 6.8%

The Insect Repellent Manufacturing industry produces consumer products that deter insects from landing on a particular surface. Consumers purchase repellents to avoid insect bites and prevent insect-borne diseases, such as the West Nile virus, Zika, malaria and Lyme disease. Industry products range from skin applicants, such as lotions, to aerosol sprays for clothing. Over the five years to 2022, quelled fears of disease transmission and waning domestic manufacturing have contributed to a decline in industry revenue. In response, manufacturers are introducing plant-based repellents to attract environmentally conscious consumers and appeal to shifting consumer tastes against potentially toxic chemical inputs. The... Learn More

8. Major Smart Appliance Manufacturing in the US

Growth in Imports for 2025: 6.6%

Major smart appliance manufacturers build smart household cooking appliances, refrigerators and laundry equipment. Revenue for the industry has surged during the current period because major smart appliances have become less expensive and more accessible to consumers, enabling manufacturers to sell to most households for the first time. Rising incomes during much of the current period also benefited the industry, as more money enabled consumers to purchase luxuries, such as major smart appliances. High input prices provided new revenue streams for manufacturers during the recovery from COVID-19, as companies passed on high costs to consumers. Interest rates have soared in recent... Learn More

9. Dental Laboratories in the US

Growth in Imports for 2025: 5.8%

Technological changes in the Dental Laboratories industry, specifically computer-aided design and manufacturing systems, have improved the overall quality of products and services offered by dental laboratories over the past five years. At the same time, a transforming competitive landscape and COVID-19 have presented new challenges. Industry revenue declined 8.3% in 2020 amid social distancing measures, followed by a historically high revenue expansion in 2021 as people returned to their normal lives. Overall, industry revenue is expected to increase at a CAGR of 2.1% to $6.9 billion over the past five years, including a 1.8% decline in 2023 alone, while profit... Learn More

10. Safe & Vault Manufacturing in the US

Growth in Imports for 2025: 5.3%

Safe and vault manufacturers have thrived as consumers and businesses require secure storage for cash, gold, guns, documents and other valuable items. Residential consumers buy small and medium-size safes to store cash as a security measure for home invasions. Looming regulations regarding gun ownership have also caused homeowners to purchase guns for safety purposes. Guns are best kept safe in a secure storage unit and gun safes provide just that. While safes and vaults are a staple among commercial businesses and banks, these markets do not purchase safes or vaults frequently. Hospitals and clinics have been a bright spot for... Learn More