Papua New Guinea

Papua New Guinea (PNG) suffers from corruption and remains ‘mostly unfree’ for Economic Freedom. The Coronavirus (COVID-19) pandemic has negatively impacted government finances and the economy, which is highly vulnerable to global commodity price ...

Small appliance categories saw varying performances in Asia Pacific in 2020 due to Coronavirus (COVID-19). Air treatment products saw a steep decline, for example, but vacuum cleaners recorded a much-improved performance. The former was hit by retail...

Major appliances recorded declining sales in Asia Pacific in 2020 as a result of Coronavirus (COVID-19) and the measures taken to contain its spread. However, some products were still seeing positive growth rates, with dishwashers, automatic dryers ...

The economy will improve in 2019. Private consumption will be a major driver. In the resources sector, full recovery of production and exports from the earthquake is projected. In the non-resource sector, output, consumption and investment will ...

Driven by China and India, Asia’s developing economies saw healthy rates of growth in 2019. 2020’s economic prospects are less favourable however, due to the spread of the Coronavirus (COVID-19) pandemic and its impact on domestic and external demand...

The report examines how the Shifting Market Frontiers megatrend has evolved over the last 12 months. It provides analysis on how shifting economic power, technology, and population changes are impacting core Shifting Market Frontier megatrends, and ...

The appetite for professional sports in Asia Pacific is growing rapidly. This report leverages a proprietary methodology that identifies existing and unlocks new commercial partnership opportunities in the region. By analysing key categories, ...

Growth of the global pharmaceuticals and medical equipment industry accelerated in 2018 on the back of strong performance of companies within Asia Pacific and Western Europe. Lucrative Asian markets, surging biologics production, and investment into ...

Asia Pacific is the largest food producer globally, with output valued at USD2,783 billion in 2017. The region is expected to record the highest growth in global context over the forecast period based on projected productivity and yield increases. ...

Asia Pacific remains the world’s largest metal producer, led by booming Chinese industry. Growing global demand for and prices of iron, steel, precious and non-ferrous metals plays a significant role in the region’s industrial growth. China, Japan, ...

The energy sector is the key provider for many integral sectors in every economy, such as chemical products, utilities, transport, metal products manufacturing, etc. Over the 2017-2030 period, the energy industry is expected to experience stable ...

With revenue of USD293 billion in 2017, Asia Pacific is the world’s third largest region for recreation, entertainment and arts production. However, Asia Pacific is rapidly catching up with other regions, and it is forecast that over the period ...

Local and international community support has allowed renewable energy expansion to gain pace, with even faster growth expected over the period to 2030. Over 2017-2025 the electricity equipment and metal mining industries will experience a ...

The basic chemical industry is one of fastest-growing industries and plays an integral role in providing essential chemical ingredients for industries ranging from downstream to high-tech electronics. The basic chemicals industry in undergoing a ...

Asia Pacific is currently behind Western Europe, North America and Latin America in terms of men’s grooming value sales, but its fastest growth rate over 2011-2016 and the lowest per-capita spend globally explains that many countries in the region ...

The recent past has seen enormous population changes including rapid urbanisation, accelerating migration and population ageing. These changes are set to continue in the future with far-reaching implications. They play a powerful role in driving the ...

Drug prices in developed markets will remain under pressure, in line with government-mandated initiatives, expected patent losses, and rising generic penetration. The key players are already losing their profits and thus ramp up advertising budgets ...

With production of USD2.8 trillion, Asia Pacific is the world’s third-largest business services market by revenue, following North America and Western Europe. Asia Pacific is the fastest developing region in business services globally. Future revenue...

A growing ageing population is both an economic challenge and a business opportunity. As populations age, life’s milestones are deferred, and more people in the later stages of life assume the typical responsibilities of their younger counterparts, ...

The Asian market is as important as ever. Half of global growth in consumer expenditure will originate in the region in the coming years. As a result, Asia Pacific will attract growing attention from global companies, for many of which Asia will ...