➡️ Megacities across the world offer better demand prospects supported by higher affordability, changing lifestyles, and superior distribution infrastructure for the last mile connection with customers. ➡️ In 2017, 26 of the 33 megacities were in developing countries. The megacity scene over 2017–2030 is expected to be dominated by developing countries, with an additional five of the six new megacities in the period.
➡️ the Asia Pacific accounted for the maximum number of megacities, with 19 of the 33 (58%). China and India are the regional and global leaders, with six and four megacities each in 2017, respectively. ➡️ Despite the surging populations and economic progress in emerging countries, developed megacities will still maintain their economic and consumer affluence advantage in 2030. For instance, in 2030, the disposable income per household is expected to be greater in all developed megacities than in emerging megacities. ➡️ According to data on cities revealed by GlobalData, expects that in 2025 there will be more than 40 megacities globally, including 12 in China and six in India.
➡️ Boost your access to Megacities in Asia with the highly-specialised team of consultants and advisors of the RCN.Asia.
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