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Insights

Deal Drivers: APAC 2026 Outlook

December 19, 2025 | Report

Deal Drivers: APAC 2026 Outlook

Highlights:

  • China industrial upgrade: State-owned enterprise (SOE) consolidation and policy priorities steer deals to semiconductors, EV, and automation
  • Japan PE pipeline: TSE governance pressure fuels carve-outs; cleaner disclosure attracts global PE
  • SE Asia fintech: Funding <50% of 2023 (Tracxn); well‑capitalized platforms absorb investment
  • Australia & India: Energy transition dealmaking accelerates; India PMB pivots to biologics and CDMO/CRDMO

 

In partnership with Mergermarket, a service of ION Analytics

APAC’s M&A markets are on a stable footing. Receding trade war risks are lifting spirits, and a wave of policy moves across the region – from rate cuts in Indonesia, Thailand, and the Philippines, to pro-growth fiscal packages and currency-stabilization steps – is further reviving risk appetite among investors.

The IMF projects Asian GDP to rise by 4.1%. Although the growth expectations for 2026 are slightly lower than those of the past 12 months, the forecast pace of expansion remains enviable compared to other markets.

Underwriting valuations in industrials, tech, and consumer manufacturing get a shot in the arm as trade-related uncertainties reduce, giving buyers more visibility on export conditions, component pricing, and supply-chain continuity.

After a fraught year on the geopolitical stage, is there a sense that better times may lie ahead? Learn more from Deal Drivers: APAC 2026 Outlook. Get your copy today.

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Hong Kong skyline viewed from The Peak facing north