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Understanding Megatrends: Key Forces Shaping the Future

Deglobalization has emerged as one of the key megatrends shaping the global economic and trade landscape.

The COVID-19 pandemic has severely hurt the tourism and hotel industry but there is hope the pandemic will end soon following mass vaccination programs. However, structural, deeper, and possibly permanent, changes in global megatrends and travel habits will challenge the industry to transform to meet the demands of travelers from different age groups. The tourism sector will be influenced by increasingly individualized travel needs, greater application of new technology in business models and processes, and higher profile for health and hygiene. Against this changing landscape and travel preferences, businesses need to adjust their operations if they want to sustain profit margins. The repertoire of strategies deployed in response to these changes will extend to seeking new business opportunities related to tourism and building new business relations with other players in the tourism supply chain, including those at the local community level.

The Future Food Industry

Impact of the COVID-19 outbreak Also resulted in the long term It is the catalyst for Megatrend's transformation

Trade tensions and trade barriers between the United States and China have led to changes in global supply chains and the dynamics of international trade. One of the key strategies manufacturers are using to mitigate risk is the "China+1" approach

Bright outlook for new investment cycle driven by three visible trends: (i) the Private Investment Index showed the strongest rise in almost three years; (ii) industrial capacity utilization has finally returned to pre-pandemic levels; and (iii) there are more industries expressing confidence.

The coronavirus outbreak Has affected humanity in all dimensions This epidemic crisis is a catalyst for the existing currents to change faster

The aging society trend is one of the mainstream and a worldwide phenomenon including Thailand

Despite the heightened uncertainty in global trade and investment caused by trade policies under President Trump’s second term (“Trump 2.0”)