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With the mission to spread industrial culture worldwide, the World Manufacturing Foundation organises several activities, among which the World Manufacturing Forum, where this Report is presented and discussed by the speakers from industry, policymakers, and academia. The WMF can be considered a dynamic platform where representatives of countries, organisations, and institutions can hold discussions, share their visions, initiatives and current actions addressing the evolving paradigms of manufacturing. This year’s edition will focus on New Business Models for the Manufacturing of the Future. The Report aims to depict the key trends that are characterising the current economy and thus, indirectly, the manufacturing sector. To address this purpose, a deep analysis has been conducted on both scientific and grey literature involving an international panel of experts in the field. As a result, the identified trends suggested the establishment of six potential business models by manufacturing companies. Through the analysis of the six business models, 10 Key Recommendations have been delineated to suggest how to be competitive in this changed economy while covering the nine building blocks of the business models. The World Manufacturing Foundation, through the World Manufacturing Report, commits to producing high-quality and non-partisan content on relevant themes and issues in manufacturing.