Just Released! Regional Outlooks for 2022

Interested in exploring our regional outlooks for 2022? Choose your region and download the executive summary of the report for more details.

Asia Pacific Europe, Middle East & Africa Latin America

Published October 2021

Markets will diverge as some feel the burden of COVID-19 lighten

Although Asia Pacific will continue to experience additional COVID-19 outbreaks over the course of 2022, their impact will vary substantially across countries. Markets that have aggressively vaccinated their populations (and are willing to tolerate some cases) will see less damaging flareups. Their growth rates will begin to return to pre-COVID levels and exhibit more stability over time. In contrast, markets with extended vaccination timelines will see more damaging flareups. Their growth rates will lag their peers and exhibit substantial—albeit declining—volatility. Regional executives who understand these dynamics and have a clear-eyed view on critical domestic factors in individual Asian markets will be better positioned to allocate resources across their portfolio, challenge their local teams’ assumptions, and manage expectations from corporate than those who do not.

Access an executive summary of the APAC Outlook for 2022 for a sample of what you can expect from this report.

Download the APAC Outlook for 2022 Executive Summary

    Published October 2021

    Opportunities emerge even as costs and disruption weigh on the 2022 outlook

    The outlook for EMEA in 2022 remains positive, with a continued recovery in services, strong exports, and a gradual normalization in tourism driving opportunities for MNCs throughout the year. A number of markets—both developed and emerging—are expected to deliver solid growth in 2022 and create opportunities from some pent-up consumer demand. However, slower growth in China, high input prices, and high energy and food prices, plus a potential early interest rate hike by the US Federal Reserve could come together to substantially erode the pace of the recovery during the year, particularly in lower-income markets with tight fiscal positions. MNCs need to ensure that they are closely monitoring for early signs of demand slowdowns and stronger price sensitivity, as planned price increases in a fragile demand environment could result in loss of market share in some segments and geographies.

    Access an executive summary of the EMEA Outlook for 2022 for a sample of what you can expect from this report.

    Download the EMEA Outlook for 2022 Executive Summary

      Published October 2021

      Pro-growth cyclical factors will be challenged by rising costs and lingering political uncertainty

      Latin America’s economic growth will moderate in 2022 after the rebound experienced in 2021, buoyed primarily by five cyclical factors: more sustainable reopening on the back of 80%+ full vaccination rates by Q1 2022; investment recovery in the service sector, which will boost employment and help sustain consumption; ongoing stimulus as governments garner popular support ahead of landmark elections; still-low interest rates even despite expected rate hikes; and still-high commodity prices in 2022. Stubbornly high inflation—stemming from still-unresolved imbalances in global supply chains and energy markets—and political developments remain the most important risks to next year’s outlook. Companies will be able to find safer havens among countries, industries, and customer segments as they prioritize long-term investments in Latin America.

      Access an executive summary of the LATAM Outlook for 2022 for a sample of what you can expect from this report.

      Download the LATAM Outlook for 2022 Executive Summary