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Industries that have strived in tough times



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NARCO TICKS Two words best describe the global market for narcotics: Insanely huge. The annual worldwide market for illicit drugs is worth more than $300 billion, according to the UN - if this industry were a country, its GDP would rank 21st in the world, after Sweden. Marijuana alone has a market value of $141. 8 billion, according to the black-market research organisation Havocscope. Add to that a $70 billion cocaine market, a $65 billion market for prescription drugs, and a $28 billion amphetamines market, and you wonder why most governments are missing out on the revenue opportunity.

Industries that have strived in tough times

August 21, 2010


NARCO TICKS Two words best describe the global market for narcotics: Insanely huge. The annual worldwide market for illicit drugs is worth more than $300 billion, according to the UN - if this industry were a country, its GDP would rank 21st in the world, after Sweden. Marijuana alone has a market value of $141. 8 billion, according to the black-market research organisation Havocscope. Add to that a $70 billion cocaine market, a $65 billion market for prescription drugs, and a $28 billion amphetamines market, and you wonder why most governments are missing out on the revenue opportunity.

WAR GAMES Superpowers and developing nations alike spend trillions on tanks, artillery, armoured vehicles, aircraft, warships, missiles, and other defence goodies. Global military spending was $1. 14 trillion in 2007 and it is expected to increase 34 per cent to $1. 15 trillion by 2012. Profits netted by global defence firms increased 12. 6 per cent in 2008, according to Fortune magazine. Who's the biggest, baddest spender? That honour, naturally, goes to the United States, who spent $623 billion on defence in 2008. The US is also the world's biggest military weaponry supplier. Nine of the 10 biggest profiteers of last year's global warspend were US companies. And it was one of the few industries that the recession couldn't dry up.

Industries that have strived in tough times

August 21, 2010


WAR GAMES Superpowers and developing nations alike spend trillions on tanks, artillery, armoured vehicles, aircraft, warships, missiles, and other defence goodies. Global military spending was $1. 14 trillion in 2007 and it is expected to increase 34 per cent to $1. 15 trillion by 2012. Profits netted by global defence firms increased 12. 6 per cent in 2008, according to Fortune magazine. Who's the biggest, baddest spender? That honour, naturally, goes to the United States, who spent $623 billion on defence in 2008. The US is also the world's biggest military weaponry supplier. Nine of the 10 biggest profiteers of last year's global warspend were US companies. And it was one of the few industries that the recession couldn't dry up.

CRUDE AWAKENING The oil market, like the product, is vast, slippery and opaque. Nobody's even sure what the market size is. According to one estimate, it's worth a whopping $2. 5 trillion. Underhanded deals and collusion play no small part in this, but even the legitimate numbers are impressive. Crude production profits increased 16. 2 per cent in 2009 alone. The six most profitable oil companies - when Exxon Mobil, Gazprom, Shell, Chevron, BP, and Petrobras - netted a profit of $156 billion. Add to that potential supply shortages, OPEC's legal collusion, a $12. 5 billion black market, and shady back-handed deals, and you can see foresee oligarchs swimming in profits for decades to come.

Industries that have strived in tough times

August 21, 2010


CRUDE AWAKENING The oil market, like the product, is vast, slippery and opaque. Nobody's even sure what the market size is. According to one estimate, it's worth a whopping $2. 5 trillion. Underhanded deals and collusion play no small part in this, but even the legitimate numbers are impressive. Crude production profits increased 16. 2 per cent in 2009 alone. The six most profitable oil companies - when Exxon Mobil, Gazprom, Shell, Chevron, BP, and Petrobras - netted a profit of $156 billion. Add to that potential supply shortages, OPEC's legal collusion, a $12. 5 billion black market, and shady back-handed deals, and you can see foresee oligarchs swimming in profits for decades to come.

DUPLICATE DEALS Counterfeiting industry continues to burgeon. According to Havocscope, the market for counterfeit tech products alone is $100 billion. Add to it fake pharmaceuticals ($75 billion); software, films and music piracy ($120 billion); auto parts ($16 billion) medical devices ($7 billion) and you get an idea of the size of fake industry. And the list doesn't even include other lucrative counterfeit markets like clothing and shoes. More scarily, counterfeit airline parts are a $2 billion market.

Industries that have strived in tough times

August 21, 2010


DUPLICATE DEALS Counterfeiting industry continues to burgeon. According to Havocscope, the market for counterfeit tech products alone is $100 billion. Add to it fake pharmaceuticals ($75 billion); software, films and music piracy ($120 billion); auto parts ($16 billion) medical devices ($7 billion) and you get an idea of the size of fake industry. And the list doesn't even include other lucrative counterfeit markets like clothing and shoes. More scarily, counterfeit airline parts are a $2 billion market.

NO BIZ LIKE SHOW BIZ The global entertainment industry is worth $550 billion. Video games are growing rapidly with revenues from software sales touching $34. 6 billion in 2009 and gaming hardware generating another $18. 9 billion. In the film world, meanwhile, box office ticket revenues were $26. 8 billion in 2008, with overall revenues amounting to $180 billion. Music is not doing too badly either - according to the Recording Industry Association of America, sales totalled $7. 1 billion in 2008. Add to that the estimated of $550 billion spent on eating out each year and the $25 billion on 'sight seeing'. Though US is the biggest entertainment market, Asia is catching up with a projected $425 billion turnover this year. China is leading the pack;experts say the Chinese film industry will be bigger than the US's by 2050.

Industries that have strived in tough times

August 21, 2010


NO BIZ LIKE SHOW BIZ The global entertainment industry is worth $550 billion. Video games are growing rapidly with revenues from software sales touching $34. 6 billion in 2009 and gaming hardware generating another $18. 9 billion. In the film world, meanwhile, box office ticket revenues were $26. 8 billion in 2008, with overall revenues amounting to $180 billion. Music is not doing too badly either - according to the Recording Industry Association of America, sales totalled $7. 1 billion in 2008. Add to that the estimated of $550 billion spent on eating out each year and the $25 billion on 'sight seeing'. Though US is the biggest entertainment market, Asia is catching up with a projected $425 billion turnover this year. China is leading the pack;experts say the Chinese film industry will be bigger than the US's by 2050.

THE XXX FACTOR So, just how big is pornography? Porn sales statistics are notoriously hard to get your hands on. But according to recent estimates the revenues are approaching $100 billion. The sale and rental of videos is still the top revenue generator, but it will shortly be eclipsed by online sales and pay-per-view schemes in hotels. Already, 12 per cent of all web sites (4. 2 million) carry pornographic content. In 2008, the US producers released 13, 500 new films. Although piracy is eating into the profits of more traditional outlets like paid online subscriptions and DVDs, underpaid porn stars and nearly infinite distribution channels ensure that the industry remains strong. According to one estimate, 28, 000 internet users are watching porn every second.

Industries that have strived in tough times

August 21, 2010


THE XXX FACTOR So, just how big is pornography? Porn sales statistics are notoriously hard to get your hands on. But according to recent estimates the revenues are approaching $100 billion. The sale and rental of videos is still the top revenue generator, but it will shortly be eclipsed by online sales and pay-per-view schemes in hotels. Already, 12 per cent of all web sites (4. 2 million) carry pornographic content. In 2008, the US producers released 13, 500 new films. Although piracy is eating into the profits of more traditional outlets like paid online subscriptions and DVDs, underpaid porn stars and nearly infinite distribution channels ensure that the industry remains strong. According to one estimate, 28, 000 internet users are watching porn every second.

HIGH STAKES According to a Pricewaterhouse Coopers report, worldwide gambling revenue is expected to climb from $101. 6 billion in 2006 to $144 billion by 2011 as the large Macau casino investments come into play. US gambling revenues are projected to increase 6. 7 per cent per year, from $57. 5 billion to $79. 6 billion, while the Asia-Pacific region, fast becoming the world's second biggest casino market, can expect 15. 7 per cent growth in the 2006 to 2011 period from $14. 6 billion to $30. 3 billion. Now, take away the law and the taxes, and gambling becomes a sea of profit. In the US alone, illegal sports wagers are worth as much as $380 billion annually, according to the US Gambling Impact Study Commission (about 92 per cent of those earnings goes to organised crime groups. ) Internet gambling revenue is estimated at $21. 0 billion from players worldwide.

Industries that have strived in tough times

August 21, 2010


HIGH STAKES According to a Pricewaterhouse Coopers report, worldwide gambling revenue is expected to climb from $101. 6 billion in 2006 to $144 billion by 2011 as the large Macau casino investments come into play. US gambling revenues are projected to increase 6. 7 per cent per year, from $57. 5 billion to $79. 6 billion, while the Asia-Pacific region, fast becoming the world's second biggest casino market, can expect 15. 7 per cent growth in the 2006 to 2011 period from $14. 6 billion to $30. 3 billion. Now, take away the law and the taxes, and gambling becomes a sea of profit. In the US alone, illegal sports wagers are worth as much as $380 billion annually, according to the US Gambling Impact Study Commission (about 92 per cent of those earnings goes to organised crime groups. ) Internet gambling revenue is estimated at $21. 0 billion from players worldwide.

FLESH MARKET If you've ever slipped cash to a sex worker, congratulations for being part of a $108 billion market. Globally, a single woman sex slave earns her 'pimp' around $250, 000 a year. Meanwhile, human trafficking - a relatively paltry $32 billion today - is the fastest growing organised crime in the world. According to US data, 600, 000 to 820, 000 people are 'stolen and smuggled' across international borders each year, approximately 70 per cent are women and girls and up to 50 percent are minors. At least 27 million people around the world were slaves in 2008, according to American Public Radio and that number is expected to increase dramatically.

Industries that have strived in tough times

August 21, 2010


FLESH MARKET If you've ever slipped cash to a sex worker, congratulations for being part of a $108 billion market. Globally, a single woman sex slave earns her 'pimp' around $250, 000 a year. Meanwhile, human trafficking - a relatively paltry $32 billion today - is the fastest growing organised crime in the world. According to US data, 600, 000 to 820, 000 people are 'stolen and smuggled' across international borders each year, approximately 70 per cent are women and girls and up to 50 percent are minors. At least 27 million people around the world were slaves in 2008, according to American Public Radio and that number is expected to increase dramatically.

BOUNTY AND BUBBLY The Beverage Industry journal estimates global distilled spirits sales at $299 billion in 2008, while data from the Beverage Information Group and the Brewers Association of Japan indicates global beer consumption to be $614 billion. According to The International Organisation of Vine and Wine and IWSR, global wine consumption was $250 in 2008. The combined market cap of the world's five biggest alcohol firms is $227 billion. Meanwhile, the global tobacco market - currently valued at $378 billion - is growing by 4. 6 per cent and is expected to touch $464. 4 billion by 2012. According to the Tobacco Atlas, 1. 3 billion people (about 17 per cent of the global population) smoke 5. 6 trillion cigarettes each year.

Industries that have strived in tough times

August 21, 2010


BOUNTY AND BUBBLY The Beverage Industry journal estimates global distilled spirits sales at $299 billion in 2008, while data from the Beverage Information Group and the Brewers Association of Japan indicates global beer consumption to be $614 billion. According to The International Organisation of Vine and Wine and IWSR, global wine consumption was $250 in 2008. The combined market cap of the world's five biggest alcohol firms is $227 billion. Meanwhile, the global tobacco market - currently valued at $378 billion - is growing by 4. 6 per cent and is expected to touch $464. 4 billion by 2012. According to the Tobacco Atlas, 1. 3 billion people (about 17 per cent of the global population) smoke 5. 6 trillion cigarettes each year.

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