APAC region “a beacon of optimism”, says new DHL study
A new study from DHL has argued that “in the current fragile global macroeconomic environment, the APAC region remains a beacon of optimism, positioned to be the world’s fastest growing region with trade as a key growth sector”. The new study, Demystifying Asia Pacific Trade Trends, also found that APAC’s importance in world trade will continue to grow, with intra-APAC trade lanes projected to account for 50% of top 15 global trade lanes by 2030.
In a statement issued today (25 May), DHL said: “Investments in six high potential Asian economies (China, India, Vietnam, Thailand, Indonesia, and Malaysia) as well as into trade-lanes, such as China-India and China-Indonesia which enter the Top 15 trade lanes globally by 2030, are crucial.”
Mei Yee Pang, Vice President, Innovation, Solution Delivery & Service Management APAC, DHL, commented: “To exploit this increase in regional-movement of goods, businesses should be looking to invest in the Asian 6 economies. Companies must leverage on initiatives such as the Trans-Pacific Partnership (TPP), ASEAN Economic Community (AEC), and China’s Belt and Road, to lower barriers in intra-APAC trade and increase multimodal transport solutions. Businesses have opportunities to adopt new regional strategies delivering better service at lower cost.”
Cross-border e-commerce infrastructure will be a critical growth enabler in the region, said DHL, and logistics and fulfilment will be key differentiators for companies looking to get ahead.
“APAC consumers demand a highly personalized shopping journey with the convenience of shopping on- and offline, and the ability to move seamlessly across channels,” says Malcolm Monteiro, CEO, Asia Pacific, DHL eCommerce. “To meet changing consumer expectations companies must adopt an omni-channel strategy. Convenience to consumers is as important as providing fast and reliable logistics solutions.”
The study Demystifying Asia Pacific Trade Trends is available online at http://www.dhl.com/apactrends.
