Asia-Pacific to Dominate Global Consumer Market by 2035, Overtaking North America
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Asia-Pacific to Dominate Global Consumer Market by 2035, Overtaking North America

  • Asia-Pacific is projected to become the world's largest consumer market by 2035, surpassing North America.
  • Private consumption in the region is estimated to grow at a 7% CAGR, reaching $36 trillion by 2035.
  • India is a key growth driver, with FMCG value growth rising to 13.7% in the first half of 2025.
  • Growth is diversifying beyond a single market, with India and Southeast Asia gaining importance.
  • Digital channels, including e-commerce and generative AI, are playing a crucial role in regional consumer growth.

Why It Matters: Asia-Pacific is set to become the world's largest consumer market by 2035, driven by diverse regional growth and digital adoption.

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