The COVID-19 pandemic, the Russo-Ukrainian war, and the Suez Canal crisis have exacerbated existing vulnerabilities in the global supply chain originating from US-China trade tensions, necessitating the building of a more robust and resilient supply chain. While global firms are altering their investment decisions to cushion the blow, the digital policy impetus across the globe will help rein in the inflationary spiral, augment building capacity, and create emerging growth opportunities.
This study critically assesses the manufacturing sector potential for the Association of Southeast Asian Nations (ASEAN) in light of an accelerated need for a China+1 strategy and global supply chain reorientation. This thought leadership research defines critical scenarios influencing macroeconomic and manufacturing potential and offers a 360-degree overview of the ASEAN market competitiveness over the next decade. The analytics assesses key go-to-manufacturing locations and country clusters until 2030, based on a proprietary indexing methodology.
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