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New global consumption class could stimulate new manufacturing opportunities, says Ekurhuleni MMC

By:  
Creamer Media Senior Deputy Editor
 
MANUFACTURING INDABA
The global manufacturing sector is entering a dynamic phase that will bring about a range of new market opportunities in emerging economies by 2025 and result in the emergence of a new global consumption class. Driven by steady growth in the middle class, the development of a new consumption class will drive demand for value-added manufacturing and will require a greater need for product variation in the manufacturing sector, especially innovation in materials and processes in high-technology industries.
 
 
 
 
 

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