According to CRI, the Philippines furniture industry is poised for significant growth, with expectations to reach a market value of US$ 1,715 million in 2033, with a compound annual growth rate of 8.2% from 2024 to 2033.
The Southeast Asia automobile market has witnessed significant growth and transformation in recent years, reflecting the region’s economic development and rising consumer demand. Comprising countries such as Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, this dynamic market has become a focal point for global automotive industry players.
The motorcycle market in Southeast Asia is on the rise, driven by economic growth, urbanization, and a growing demand for efficient personal transportation.
The Indonesia’s insurance industry has undergone significant growth and transformation over the years, evolving into a dynamic and competitive landscape.
The Southeast Asia insurance industry is poised for growth, with a projected compound annual growth rate (CAGR) of 8.3% from 2023 to 2032.
The Southeast Asian fertilizer market is expected to grow at a CAGR of 5.4% from 2022 to 2028, according to a new report by CRI Report. The growth of the market is being driven by the rising demand for food, increasing government support for the agricultural sector, and growing adoption of modern farming practices.
According to CRI’s forecast, the Southeast Asian automobile industry will grow rapidly in 2022-2031. On the one hand, the lower labor costs in Southeast Asian countries will prompt global automobile vehicle and component manufacturers to transfer production capacity to these regions. Research Report on Southeast Asia Electric Vehicle Industry 2023-2032 Southeast Asia Automobile Industry Overivew […]