Articles
01 August 2022
The ongoing supply chain bottlenecks and the persistent inflationary pressures are weighing on the sector’s competitiveness and growth. With the sector still below its pre-pandemic operational fluidity, companies are looking to adopt technological solutions and pursue collaborations to tackle thin profit margins. Deal count and valuation multiples have witnessed a slight decrease as buyers and sellers postpone transactions due to deteriorating macroeconomic outlook. Opportunities exist for well-established players to expand their geographical footprint and consolidate the market.