APAC

To cope with inflation, 69% are sticking to essential purchases, while 55% are cutting back on non-essentials.

The dog segment is anticipated to witness significant growth.

SRI shines as a beacon of Malaysian manufacturing prowess, exporting top-tier firefighting equipment globally and safeguarding major infrastructure.

The private credit market in APAC is expected to grow 8.0% by 2027.

Around 61% of consumers perceived international merchants as trustworthy. 

They see it beneficial in improving maintenance and production, amongst others.

The majority of APAC executives, however, are optimistic about the projects’ contribution.

Global wind turbine orders rose by 16 GW year-on-year to reach 155 GW.

Climate change remains high on the risk agenda in certain regions, such as Asia.

Despite a funding downturn, SOLIDWORKS experts foresee a promising shift towards more mature startups with tech prowess in manufacturing.

Lower-income respondents (60%) better at covering short-term financial obligations than high-income counterparts (52%).

China, Indonesia, India, Malaysia, Vietnam and Thailand will boost the growth.

The market is projected to reach $88.1b by 2032 globally.

Market dynamics are seen to impact the stakeholders' behaviours and pricing decisions in the sector.

Insurance and banking leaders join forces to tackle climate change, emphasising the need for sustainable investments and inclusive transition strategies.

Winning companies will be celebrated at the Awards Dinner in September 2024.