Sourcing Market Trends and ESG Compliance Strategies

China is the most popular destination for new sourcing activity followed closely by Southeast Asia and Europe in the past 12 months • • 90% of the respondents who took the survey have started new sourcing activities across China, Southeast Asia, and Europe. China is the most popular sourcing destination • 100% Despite China remaining the primary destination, Southeast Asia and Europe are gaining attraction as the next big sourcing markets. Respondents shared the new sourcing activity in the last 12 months 90% 35% 90% 80% I T I 70% 27% 60% I 50% I 40% 28% I 30% 20% 10% 0% Have new sourcing in China SEA Europe China, SEA, and Europe COPYRIGHT © 2023 ARC Consulting. All rights reserved. I 10% No new sourcing in China, SEA, and Europe 20

View entire presentation