CEOInsightsasia Team
The consumer market in Asia Pacific is swiftly rising to become the most influential in the world. Over the next 10 years, APAC is expected to surpass North America in terms of consumer market. A recent report from Bain & Company and NielsenIQ concludes that private consumption in APAC will grow will increase at a continuous rate of seven percent yearly, reaching around $36 trillion by 2030. With global consumption set to nearly double, the growth in APAC is being driven by the growth of the middle class, increased digital adoption, and changing consumer trends. The region's recent performance indicates a strong upward trend.
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