Saturday
06Oct2007
Trends for Emerging Markets
Saturday, October 6, 2007 at 06:06PM The Frontier Strategy Group conducted an emerging markets growth survey among its members. Some of the key trends reports were:
- Increasingly, executives are looking for new growth opportunities outside of the traditional BRIC markets of Coastal Brazil, Russia, Urban India and Coastal China. 71% of executives believed that corporate earnings growth in these markets is likely or very likely to decline over the next five years as a result of increased competition, higher wages, market saturation and a leveling off of growth rates.
- In Asia-Pacific (APAC), Inland China, Vietnam, the Philippines and Indonesia were top new market opportunities cited by executives in the region.
- In E. Europe, Middle East and Africa (EMEA), Turkey was seen as the key to growth in the region. 36% of EMEA executives cited the country as the most attractive place for future investment, slightly ahead of the Ukraine (30%).
- In Latin America, Mexico and Inland Brazil were the clear favorites among the regional executives we surveyed. Over 70% of executives cited one of the two markets as the most attractive in the region. Mexico was seen as a particularly attractive opportunity given improved political stability, high levels of FDI and its proximity to the U.S. market.
Procurement will need to meet the challenges of sourcing in these markets. You'll be ahead of the curve by beginning to understand sourcing opportunities and supply chain capabilities in these regions.
Here is the link:
http://www.frontierstrategygroup.com/downloads/pdf/FSG_Shift_to_F7_Report.pdf
Reader Comments