Globally, generation Z’s income is expected to increase fivefold by 2030 to US$33 trillion as they enter the workforce, accounting for over a quarter of global income.
Spanning 10 ASEAN members, and Australia, China, Japan, South Korea, and New Zealand, the Regional Comprehensive Economic Partnership (RCEP) seeks to streamline trade agreements across 15 economies.
IATA believes that Covid-19 vaccination programmes would allow international air travel markets to open up more fully, and the recovery would be V-shaped and speedy.
Marketing and Advertising agencies are where design talents tend to congregate, it is the non-design sectors that are expected to drive design-manpower growth over the next 5 years. The non-design sectors include Education, User Interface (UX) and Mobile App Design.
The global Graphic Designer industry market size saw a sharp 10% fall from US$44.2 billion in 2019 to US$39.7 billion in 2020. The industry gained steady recovery in 2021, growing over 5% to reach US$41.8 billion.
As global economies came to a standstill in Q2 2020, the value of global mergers and acquisitions (M&A) fell to a record low US$375.79 billion. However, by Q4 2020, the temporary slump in M&A activity had more than tripled to reach US$1.2 trillion, an all-time high since the 2009 financial crisis.
Marine fish capture hit a record 96.4 million metric tonnes in 2018. This is more than half of total global fish production (179 million tonnes) for the year.
Covid-19 is a game changer for e-Commerce in Southeast Asia (SEA). In 2020 alone, the region saw over 40 million new users joining the Internet Economy for the first time. This puts total internet users in SEA at 400 million, with the gross market value of SEA’s Internet Economy on track to hit US$350 billion by 2025.
India’s poultry industry has undergone major transformation in the last two decades. Valued at US$27.1 billion in 2020, it is expected to grow at an annual rate of 15.5% to reach US$64.5 billion by 2026.
Prior to the pandemic, Customer Relations Management (CRM) solutions were already growing at an increasing rate. In 2020, Covid-19 sparked a significant year-on-year increase, growing the CRM market by 10% to reach US$52.6 billion.