Frost & Sullivan is proud to announce the launch of its new e-book that outlines impactful megatrends in Asia Pacific for businesses to leverage for strategic growth.

Asia is set to lead the global polyethylene terephthalate (PET) industry capacity additions with a share of 58% by 2026 from new-build and expansion projects between 2022 and 2026, forecasts GlobalData, a leading data and analytics company.

India has recently approved a $10bn comprehensive program for the development of sustainable semiconductor and display ecosystem in the country. Against this backdrop, India’s manufacturing GDP is forecast to grow at an average annual rate (AAGR) of 9%, in nominal terms, over 2022-26, forecasts GlobalData, a leading data and analytics company.

The preliminary World Robotics data for China released by the International Federation of Robotics (IFR) shows a sales increase of industrial robots by 19% in 2020.

The Conference Board Leading Economic Index® for India increased 0.2 percent in March to 101.8 (2010=100).

The Conference Board Leading Economic Index® (LEI) for Korea increased 0.5 percent in October to 110.1 (2010 = 100), following a 1.3 percent increase in September, and a 1.0 percent decline in August.

Growth in New Orders and Production Continues to Ease

The Conference Board Leading Economic Index® (LEI) for Australia declined 0.1 percent in September to 103.5 (2010 = 100), following a 0.4 percent decline in August, and a 0.4 percent increase in July.

The Conference Board Leading Economic Index® (LEI) for India decreased 0.5 percent in September to 102.5 (2010 = 100), following a 0.5 percent decline in August and a 1.7 percent increase in July. Positive contributors to the index were the interest rate spread, M3: bank credit to commercial sector, and cargo handled*. The SENSEX stock prices index, the real effective exchange rate (36 countries), merchandise exports, and PMI: services business activity declined, while industrial production: capital goods* remained unchanged.

The Conference Board Leading Economic Index® (LEI) for Australia declined 0.4 percent in August to 103.4 (2010 = 100), following a 0.3 percent increase in July, and a 0.3 percent decline in June.

The Conference Board Leading Economic Index® (LEI) for Korea declined 1.2 percent in August to 107.9 (2010 = 100), following a 0.3 percent decline in July, and a 0.2 percent decline in June.

Collaboration, Innovation and Digital Transformation will provide the impetus for Singapore's future growth. According to Frost & Sullivan, the key factors that will continue to be relevant include talent management, sustainable innovation and investment in the right infrastructure.