For the assessment of Asia Pacific Corrugated Board and Packaging Market, we have performed Data synthesis on two models (Bivariate Multivariate Model and Cluster Model) To assess the market, Macro Economic Variables such as Economic Factors (Economic Growth, GDP, Inflation, Population, Retail Trade, FDI) Industry Factors ( Consumption, Raw material availability, Export demand, import of raw material and more have been studied

The ICT sector in Vietnam has continued growing on the back of strong performance in Internet-based services, while other traditional telecom services, such as fixed-line telephony or even mobile telephony, have either approached saturation or have been declining. In order to keep up, domestic telecom providers are investing to enhance their 4G infrastructure and offer price-competitive packages to gain traction in mobile broadband and fixed broadband. In the fixed broadband segment, major market players have capitalised on the deployment of fibreoptic networks. So much so that fibreoptic technology led to a change of strategy for telecom companies as they are now increasingly offering affordable bundled packages including fixed broadband, fixed-line telephony and pay TV services.

Renewable power accounts for 30% of the capacity mix and 20% of power generation in the Philippines. Hydropower is the largest RE source in terms of capacity with 3.75 GW as of 2022, followed by geothermal and solar with 1.9 GW and 1.3 GW, respectively. The country has installed just 443 MW of wind capacity but has almost 47 GW of wind projects in the pipeline. The Philippines is the third in the world in terms of geothermal installed capacity, according to IRENA. It is also third and fourth in ASEAN in terms of wind and solar capacity, respectively. One of the major contributors to the growth of renewable energy in the Philippines has been the Renewable Energy Act of 2008, which provides a legal framework for the development and promotion of renewable energy in the country. The Philippines National Renewable Energy Programme (NREP) 2020-2040 aspires to achieve a 50% RE share by 2040.

The Latin American region hosts some of the world’s largest reserves of metallic and non-metallic minerals, according to the Mineral Commodities Summary issued by the United States Geological Service (USGS) in February 2023. As per USGS data, the region is home to the world’s largest reserves of copper, lithium, silver, and niobium, and it also has significant reserves of tin, lead, zinc, iron ore, gold, molybdenum, and manganese. Besides, Latin America is home to both the largest and the second-largest producers of copper (Chile and Peru), the largest producer of niobium and the secondlargest producer of iron ore (Brazil), the second- and fourth-largest producers of lithium (Chile and Argentina), and the biggest and third-biggest producers of silver (Mexico and Peru, respectively).

Tourism is an important contributor to Indonesia's economy, with the sector providing employment to some 11mn people as of end-2021, equivalent to 8.3% of the country’s total workforce. The COVID-19 pandemic, however, hit the sector hard and, as a result, its contribution to Indonesia’s economy fell sharply. The total contribution of travel and tourism to Indonesia’s GDP fell from 5.9% in 2019 to 3.2% in 2020 and further to 2.4% in 2021, according to estimates by the World Travel and Tourism Council (WTTC). Data from the UNWTO showed that international tourist arrivals in the first nine months of 2022 were still 80% below pre-pandemic levels. However, with the relaxation of travel restrictions in mid-2022, Indonesia hopes to lure back tourists.

Renewable energy sector in India is among the fastest growing in the world due to the excellent wind and solar resources and supportive government policy. India ranked as the fourth largest renewable energy (RE) market in the world by installed capacity in 2021, according to data provided by the International Renewable Energy Agency (IRENA). RE accounted for almost 41% of the total installed power capacity in 2022 and in the same year solar became the largest RE source with almost 63 GW of cumulative capacity (38% share in the RE mix). Recent update of the Nationally Determined Contribution (NDC) proposes about 50% cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030. In terms of electricity generation, renewable energy contributed to 21% of the country’s total in 2022.

Thermal interface materials ( are materials used to dissipate and improve the transfer of heat out of electronics devices Generally, they are placed between the heat generating chip and/or component and the heat spreading substrate or dissipating device

In FY2019, the Indian automotive industry registered new record high volumes in output and domestic sales. However, the economic deceleration in FY2020 and the negative effects of COVID-19 pandemic had a deep negative effect on the output and domestic sale volumes of the industry. In FY2022, the Indian economy rebounded and the Indian motor vehicle sector showed the first signs of recovery. On the one hand, motor vehicle exports reported a new record high in FY2022, along with higher output and domestic sales in passenger and commercial vehicles. On the other hand, output and domestic sales of two-wheelers continued with the declining trend. In a context marked by a relatively weak recovery of the Indian motor vehicle industry, the government decided to keep the migration pace towards cleaner vehicles, in spite of the potential rise in motor vehicle prices.

Renewable energy is a critical component of China’s ongoing efforts to address its growing energy needs and environmental challenges. The country is the largest market for renewable energy investment globally, with an estimated USD 266bn spent on clean energy in 2021 alone. China is the leader in terms of hydro, solar and wind deployment and is the largest manufacturer of RE components. Chinese companies supply the domestic and global markets with high-quality wind turbines and solar modules at competitive prices. Cumulatively, China has installed more than 1.0 TW of clean power capacity by end-2021, equivalent to 43% of the country’s power capacity mix. The electricity in the grid that comes from renewable sources amounted to almost 28% of the total. RE adoption will continue in the coming years as China targets to double its solar and wind capacity to 1.2 TW by 2030.

ASEAN member states face a new stage of transformation as they recover from the widespread effects of the COVID-19 pandemic. Where the coronavirus disease brought economic contractions in 2020 for Indonesia, Malaysia, Philippines, Singapore, and Thailand, these countries experienced a revival in 2021. The Indonesian economy contracted 2% y/y in 2020 but grew by 3.7% y/y in 2021. Malaysia saw a 5.5% y/y economic decline in 2020 yet grew 3.1% y/y the following year. A 9.3% y/y decline in GDP in the Philippines in 2020 was followed in 2021 by 5.8% y/y growth. Singapore experienced a 4.1% y/y contraction in its economy during the first year of the pandemic and in 2021 its economy grew by 7.9% y/y. Thailand saw a 6.2% y/y economic contraction in 2020 and experienced the beginnings of a revival with 1.5% y/y GDP growth in 2021.