2020 was a remarkable year, even for the Asia Pacific logistics market. Pandemic-induced supply chain disruption has led many companies to review and strengthen resilience by diversifying production and sourcing.
Australian cities stand out as the best-served in the region by modern logistics stock, while Japanese markets appear to be the most underserved. Mainland China remains one of the world’s largest consumption markets and key player in the global supply chain. Manufacturing capacity in China is therefore likely to increase further to serve domestic demand. Singapore is also one of the best-served Asian logistics markets due its small modern clusters of new and large supermarkets.
In this series of blogs we look at the current and future trends for the APAC market in Singapore, Japan, China and Korea. We already did Korea, let’s continue with China(more…)