growth industry

noun

: a business that has become increasingly popular or profitable

also : an interest or activity that is increasingly popular or trendy

Example Sentences

Recent Examples on the Web

On the one hand, there is something a little surreal about the emergence of cardboard as a growth industry — a box, after all, is a commodity whose only purpose is to hold other, more valuable commodities. —Matthew Shaer, New York Times, 28 Nov. 2022

Osteological archaeology is not a growth industry in North America. —Keith Kloor, Discover Magazine, 23 Oct. 2014

The perception, going back to the No Nukes era, is that renewables, which are now a major growth industry, are a wonderful organic way of creating energy that are destined to replace the dirty dangers of coal. —Owen Gleiberman, Variety, 11 Oct. 2022

Innovation has also made financial technology a growth industry, with many looking for secure and robust digital solutions in global trade. —Antonio Tombanane, Forbes, 8 Sep. 2021

The antiabortion movement fuels a growth industry: pregnancy centers. —Los Angeles Times, 13 June 2022

Harrison emphasized the medicinal and other beneficial effects of cannabis, a growth industry that can spur employment and investment. —Stephen Singer, Hartford Courant, 14 May 2022

After languishing for decades in philosophy departments, the study of happiness has become a growth industry. —J. Budziszewski, WSJ, 15 Apr. 2022

Books aside, Leibovitz works in magazines, of course, which have not seemed much of a growth industry these days. —Christopher Borrelli, chicagotribune.com, 29 Dec. 2021

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Word History

First Known Use

1954, in the meaning defined above