5 Least Competitive Industries in the World

In this piece, we will take a look at the five least competitive industries in the world. If you want to understand why firms have to compete and some industries undergoing rapid transformation, you should take a look at 10 Least Competitive Industries in the World.

5. Consumer Discretionary

Return on Investment (ROI) Estimate: 5.46%

The consumer discretionary industry is the opposite of the consumer cyclical sector. While consumer cyclical products are those that one cannot do without, consumer discretionary, as the name suggests, are those that are bought on discretion. As a result, this industry is also called the consumer cyclical industry. Some examples of consumer discretionary products are fast food items, expensive hotels, high end sports apparel, and cars. Some top companies are LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) and Tesla, Inc. (NASDAQ:TSLA).