Asia Pacific Exterior Sheathing Market Report

Asia Pacific Exterior Sheathing Market Size

In 2024, the Asia Pacific Exterior Sheathing Market was valued at USD 1.62 billion and is forecasted to grow to USD 2.18 billion by 2033, at a CAGR of 3.38%.

Exterior sheathing refers to structural panels or boards applied to the exterior framing of buildings, serving as a base for cladding while enhancing energy efficiency, moisture resistance, and thermal performance. In the Asia Pacific region, the exterior sheathing market is gaining prominence due to rapid urbanization, infrastructure development, and evolving construction standards. The market encompasses materials such as oriented strand board (OSB), plywood, fiber cement, and rigid foam insulation, each offering unique benefits in terms of durability and sustainability.

According to the Asian Development Bank, the region accounts for over 60% of global infrastructure investment needs through 2030, driven by rising population growth and economic expansion. Countries like China, India, and Indonesia are witnessing significant investments in residential and commercial real estate, directly boosting demand for high-performance building materials. Further, government initiatives promoting green building codes in Australia and Japan are influencing the adoption of advanced sheathing solutions.

As per the Building and Construction Authority of Singapore, building construction output in the country increased by 14.3% year-on-year in Q2 2024, signaling strong momentum in the sector. This growth trajectory underscores the increasing relevance of exterior sheathing systems that offer resilience against climatic stressors such as humidity, typhoons, and seismic activity, particularly in coastal and tropical regions across the Asia Pacific.

MARKET DRIVERS

Urbanization-Driven Infrastructure Development

The surge in urbanization across the Asia Pacific is one of the most compelling drivers of the exterior sheathing market. According to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), the urban population in the region is projected to reach nearly 3.5 billion by 2050, up from approximately 2.2 billion in 2020. This rapid migration to urban centers has spurred extensive infrastructure development, especially in emerging economies such as India, Vietnam, and the Philippines.

In India alone, the Ministry of Housing and Urban Affairs drew attention to an allocation of INR 73,260 crore (approximately USD 880 million) under the Smart Cities Mission in 2023–24, focusing on sustainable urban housing and infrastructure. These projects require durable and weather-resistant construction materials, making exterior sheathing an essential component.

Moreover, cities such as Jakarta, Bangkok, and Manila face frequent flooding and high humidity, necessitating the use of moisture-resistant sheathing products. This trend supports a growing preference for engineered sheathing materials like fiber cement and rigid foam insulation, which provide enhanced protection and longevity in challenging climates.

Government Regulations Promoting Energy Efficiency and Green Building Standards

Stringent government regulations aimed at improving energy efficiency and reducing carbon footprints have significantly influenced the adoption of exterior sheathing in the Asia Pacific region. Several countries have introduced mandatory green building codes and sustainability certifications, driving the demand for high-performance construction materials. Exterior sheathing plays a crucial role in achieving these standards by providing continuous insulation and air barrier properties. Similarly,

As per the China's Ministry of Housing and Urban-Rural Development, over 10,000 buildings achieved green certification in 2023, a 20% increase from the previous year. These certified structures often incorporate exterior sheathing materials designed to reduce heat loss and improve indoor climate control. As per the World Green Building Council, the Asia Pacific region now hosts more than 30 national green building councils, collectively influencing material selection in both public and private construction sectors.

This regulatory shift is prompting manufacturers to innovate and scale production of eco-friendly sheathing alternatives. For instance, Knauf Insulation expanded its manufacturing facility in Thailand in early 2024 to meet growing demand for mineral wool-based sheathing solutions. These developments are shaping the future of the exterior sheathing market in the Asia Pacific.

MARKET RESTRAINTS

High Material and Installation Costs

The relatively high cost of materials and installation compared to conventional building practices is one of the primary constraints limiting the widespread adoption of exterior sheathing in the Asia Pacific. While exterior sheathing offers long-term benefits in terms of energy efficiency and durability, the initial investment can be prohibitive, especially in price-sensitive markets.

In countries like India and Bangladesh, where low-cost housing dominates the construction landscape, many developers opt for traditional brick-and-mortar or basic plasterboard systems rather than investing in premium sheathing products. According to India’s Central Public Works Department (CPWD), the average cost of installing fiber cement sheathing ranges between INR 120–150 per square foot, compared to INR 60–80 for standard plastering. This price differential discourages budget-constrained builders from adopting modern sheathing technologies.

Even in developed markets like South Korea, where building codes encourage energy-efficient materials, the Korea Institute of Civil Engineering and Building Technology pointed out that less than 25% of small-scale contractors used advanced sheathing systems due to higher labor and material expenses.

These financial barriers are further exacerbated by fluctuating raw material prices. For example, wood-based sheathing products like OSB are affected by timber supply chain disruptions.

Lack of Skilled Labor and Technical Expertise

The shortage of skilled labor and technical expertise required for proper installation is another critical challenge impeding the growth of the Asia Pacific exterior sheathing market. Unlike traditional wall systems, exterior sheathing demands precision in fitting, sealing, and integration with insulation and vapor barriers—skills that are not widely available across the region.

According to the International Labour Organization (ILO), nearly 60% of construction workers in Southeast Asia lack formal training, leading to inconsistencies in application quality. In the Philippines, as per the Professional Regulation Commission, only 12,000 out of 2 million construction workers were formally certified in advanced building envelope techniques in 2023. This gap hinders the effective deployment of high-performance sheathing systems, especially those requiring specialized fastening methods or compatibility with other building components.

In Australia, despite the presence of well-established building codes, the Australian Industry Skills Committee identified a 15% shortage in qualified tradespeople capable of handling complex sheathing installations in 2024. This issue is even more pronounced in rural areas of China and India, where local contractors rely on outdated construction methodologies due to limited access to training programs.

Furthermore, improper installation can compromise the intended benefits of sheathing, such as moisture resistance and thermal efficiency.

MARKET OPPORTUNITIES

Expansion of Prefabricated and Modular Construction Techniques

The rise of prefabricated and modular construction methods presents a significant opportunity for the Asia Pacific exterior sheathing market. These construction approaches involve off-site fabrication of building components, which are then transported and assembled on-site. This method enhances efficiency, reduces construction timelines, and ensures better quality control—factors that align well with the advantages offered by exterior sheathing materials.

Like, the prefabricated housing market in Japan accounted for over 15% of total residential construction in 2023, with major companies such as Sekisui House and Daiwa House expanding their factory-based operations. In these setups, exterior sheathing is integrated during the panel manufacturing stage, allowing for precise installation and improved performance characteristics.

In Australia, as per the Australian Steel Institute, modular construction projects grew by 18% in 2023 compared to the previous year, driven by government incentives and the need for faster housing delivery. Exterior sheathing plays a pivotal role in these modules by acting as a continuous layer of insulation and structural support. Companies like James Hardie have tailored fiber cement sheathing products specifically for modular applications, capitalizing on this growing trend.

Moreover, in India, the Ministry of Housing and Urban Affairs launched the "Affordable Sustainable Housing Accelerators" initiative in 2023, encouraging the use of industrialized building systems. This policy push is expected to boost demand for pre-sheathed wall panels that streamline on-site assembly. As per McKinsey & Company, the adoption of prefabrication in the Asia Pacific could reduce construction time by up to 50%, reinforcing the potential for exterior sheathing to become a standard element in next-generation building practices.

Rising Demand for Resilient Construction in Climate-Vulnerable Regions

Climate change-induced extreme weather events are increasingly influencing construction strategies in the Asia Pacific, creating a strong case for resilient building materials like exterior sheathing. With the region experiencing heightened frequency of typhoons, floods, and landslides, there is growing emphasis on constructing buildings that can withstand environmental stressors.

According to the Asian Disaster Preparedness Center (ADPC), in 2023 alone, the Asia Pacific witnessed a significant number of natural disasters, affecting millions of people. Countries such as the Philippines, Indonesia, and Vietnam are particularly vulnerable to typhoons and sea-level rise, prompting authorities to revise building codes to include impact-resistant materials.

In Japan, the Ministry of the Environment has been actively promoting disaster-resilient architecture since the 2011 Tohoku earthquake and tsunami. As part of this initiative, fiber-reinforced polymer (FRP)-based sheathing materials are being tested in reconstruction zones for their ability to resist water damage and mold growth.

Moreover, insurance companies such as Tokio Marine and Zurich Insurance have started offering premium discounts for buildings constructed using resilient materials, including high-performance sheathing. As per Swiss Re Institute, insured losses from natural catastrophes in the Asia Pacific reached USD 45 billion in 2023, underscoring the economic rationale for investing in protective construction measures. These developments signal a paradigm shift toward risk-mitigated building design, opening vast opportunities for exterior sheathing providers in the region.

MARKET CHALLENGES

Regional Variability in Building Codes and Standards

The inconsistency in regional building codes and standards, which complicates product standardization and market entry for manufacturers, is a significant challenge facing the Asia Pacific exterior sheathing market. Unlike North America or Europe, where unified regulatory frameworks exist, the Asia Pacific comprises diverse jurisdictions with varying technical specifications, approval processes, and compliance requirements.

In China, for instance, the Ministry of Housing and Urban-Rural Development enforces national standards, but provincial governments often impose additional criteria, creating a fragmented regulatory landscape. This increases operational complexity and delays market penetration.

In Southeast Asia, the ASEAN Harmonization Task Force has been working since 2021 to align building codes among member nations, but progress remains slow. These regulatory discrepancies pose a substantial hurdle for international players seeking to expand their footprint across the Asia Pacific without localized adaptations.

Raw Material Supply Chain Disruptions and Price Volatility

Supply chain instability and raw material price fluctuations present a formidable challenge to the sustained growth of the Asia Pacific exterior sheathing market. The production of sheathing materials such as oriented strand board (OSB), fiber cement, and rigid foam insulation relies heavily on commodities like wood pulp, cement, and petrochemical derivatives—all of which have experienced significant price swings in recent years.

According to the Food and Agriculture Organization (FAO), global wood chip prices rose in 2023 due to reduced forestry harvests in Oceania and Southeast Asia. This increase directly impacted OSB production costs, particularly in countries like Australia and New Zealand, where domestic wood sourcing is preferred. In Japan, as per the Sumitomo Forestry, there has been a 22% increase in imported wood prices, citing supply bottlenecks from North America and Scandinavia.

Cement-based sheathing products also face similar challenges. As per the Global Cement and Concrete Association, in 2023, coal prices—a major input in cement manufacturing—surged by 25% due to geopolitical tensions and export restrictions from Indonesia and Russia. This spike led to a 15% increase in fiber cement sheathing costs in India and Vietnam, according to the Asian Cement Producers Forum.

Besides, the petrochemical industry, which supplies resins and polymers for rigid foam sheathing, has seen volatile feedstock prices. Like, crude oil prices fluctuated by over USD 20 per barrel in 2023, causing instability in polyurethane and polystyrene-based sheathing markets. Companies such as BASF and LG Chem had to adjust pricing multiple times during the year, affecting procurement planning for construction firms.

These supply-side pressures not only inflate material costs but also create uncertainty in project budgeting.

SEGMENTAL ANALYSIS

By Sheathing Type Insights

The structural exterior sheathing segment dominated the Asia Pacific market by accounting for a 62.3% of total revenue share in 2024. The growing demand for high-performance building envelopes in rapidly urbanizing economies like China and India is one key driver behind the dominance of structural exterior sheathing segment. This segment includes materials such as oriented strand board (OSB), plywood, and fiber cement panels that provide both load-bearing capabilities and weather resistance.

According to the Asian Development Bank, infrastructure investments in the region are expected to exceed USD 1.7 trillion annually through 2030, with structural sheathing being integral to modern construction practices.

Apart from these, stringent building codes in developed markets such as Japan and Australia have mandated the use of structural sheathing in multi-story buildings. These regulatory trends reinforce the continued leadership of this segment across the Asia Pacific.

The non-structural exterior sheathing segment is projected to grow at the fastest CAGR of 7.8% from 2025 to 2033. The increasing adoption of energy-efficient retrofitting projects in aging urban infrastructure is a major factor driving this growth. Unlike structural sheathing, non-structural variants focus primarily on moisture control, insulation, and aesthetic enhancement without contributing to the building’s load-bearing capacity.

As per the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), nearly 40% of existing buildings in cities like Seoul and Sydney were constructed before 2000 and require upgrades to meet current sustainability benchmarks. Non-structural sheathing offers a cost-effective solution by improving thermal performance without altering structural integrity.

Another critical growth catalyst is the expansion of green building certifications across the region. As per the Green Building Council of Australia, certified projects increased by 18% in 2023, many of which integrated non-structural sheathing to enhance indoor air quality and reduce energy consumption. These trends indicate strong momentum for the non-structural segment in the coming decade.

By Product Type Insights

The Oriented Strand Board (OSB) segment holds the largest share in the Asia Pacific exterior sheathing market with 37.3% of total volume consumption in 2024. Its widespread use in prefabricated housing and modular construction, particularly in countries like Japan and South Korea, is one of the primary drivers of OSB’s dominance. OSB's popularity is credited to its affordability, strength, and versatility in both residential and commercial construction.

Further, OSB is increasingly favored in disaster-prone regions such as the Philippines and Indonesia for its superior moisture resistance and structural resilience.

Moreover, the rising cost of natural lumber has pushed builders toward engineered wood products like OSB. As per the Food and Agriculture Organization (FAO), global softwood prices surged by 14% in 2023, making OSB an attractive alternative. In China, where domestic timber supply remains constrained, the National Forestry and Grassland Administration recorded a 20% increase in OSB production during the same period. These factors collectively reinforce OSB’s leading position in the regional market.

The Medium Density Fibreboard (MDF) is anticipated to register the highest CAGR of 8.3% in the Asia Pacific exterior sheathing market. Increasing preference for lightweight, customizable sheathing solutions in architectural facades and decorative exteriors is a key growth driver. Traditionally used for interior applications, MDF is now being adapted for exterior use through advanced moisture-resistant formulations and protective coatings. Moreover, advancements in resin technology have enabled the development of water-resistant MDF variants suitable for tropical climates. As per the ASEAN Timber Industry Cluster, Thailand and Malaysia saw a combined 30% increase in MDF exports in 2023, with much of the output destined for exterior applications in Vietnam and the Philippines.

By Application Insights

The wall sheathing segment commanded the market by capturing 65.3% of the share in 2024. The dominance of this segment is attributed to the essential role it plays in enhancing structural stability, thermal insulation, and moisture protection across diverse climatic zones. The primary driver of wall sheathing adoption is the surge in high-rise construction, especially in densely populated urban centers such as Shanghai, Mumbai, and Jakarta. According to the Council on Tall Buildings and Urban Habitat (CTBUH), Asia Pacific accounted for over 60% of all high-rise completions globally in 2023, with wall sheathing being a standard component in curtain wall and insulated façade systems. Furthermore, evolving building codes in countries like Japan and South Korea mandate continuous wall sheathing for seismic and wind resistance.

The roof sheathing segment is projected to witness the fastest CAGR of 7.6% over the forecast period which is driven by rising investments in industrial and institutional construction projects across the Asia Pacific. The increasing deployment of solar photovoltaic (PV) installations on rooftops, necessitating durable and thermally efficient sheathing materials is one significant factor fueling this growth. This trend has prompted developers to adopt high-performance roof sheathing systems that can support rooftop PV infrastructure while maintaining structural integrity. Besides, the proliferation of cold storage facilities and logistics warehouses—especially in e-commerce hubs like Singapore, India, and Vietnam—is boosting demand for insulated roof sheathing. Companies like Saint-Gobain and Knauf Insulation have introduced specialized roof sheathing boards tailored for these applications, further accelerating market expansion.

By End Use Sector Insights

The residential sector accounted for the largest share of 54.1% in the Asia Pacific exterior sheathing industry in 2024. The dominance of this segment is primarily fueled by rapid population growth, urbanization, and government-led affordable housing initiatives across emerging economies. In India, as per the Ministry of Housing and Urban Affairs, over 12 million housing units were sanctioned under the Pradhan Mantri Awas Yojana (PMAY) in FY 2023–24, significantly boosting demand for durable and climate-resilient construction materials. Similarly, in Indonesia, the Directorate General of Housing Development recorded a 14% increase in new residential permits issued in 2023, many of which incorporated exterior sheathing for improved thermal and moisture management. Moreover, changing consumer preferences toward sustainable and energy-efficient homes are influencing material selection. This shift is prompting developers to integrate advanced sheathing materials even in mid-segment housing projects, reinforcing the residential sector’s leading position in the regional market.

The commercial segment is projected to expand at the highest CAGR of 8.1% during the forecast period and is driven by surging investments in office complexes, retail centers, and hospitality infrastructure across the Asia Pacific. A key growth driver is the increasing emphasis on green certifications in commercial real estate. According to the U.S. Green Building Council’s 2023 report, the Asia Pacific region added over 1,200 LEED-certified buildings, with commercial developers integrating exterior sheathing to meet insulation and air leakage requirements. Apart from these, the rise of smart city initiatives is stimulating demand for modern commercial structures that incorporate sustainable design elements.

REGIONAL ANALYSIS

China Exterior Sheathing Market Insights

China maintained the top position in the Asia Pacific exterior sheathing market by holding a 24.2% of total market share in 2024. As the world’s largest construction market, China continues to drive demand for advanced building materials due to ongoing urbanization and government-backed infrastructure programs. Moreover, China’s push for energy-efficient buildings under the 14th Five-Year Plan has led to stricter insulation and fire safety norms, favoring the adoption of fiber cement and rigid foam sheathing. In addition, the country’s growing prefabrication industry is accelerating sheathing uptake. According to the China Prefabricated Construction Industry White Paper 2023, the prefabricated building area expanded by 24% in the past year, with sheathing materials forming a crucial part of panelized construction.

India Exterior Sheathing Market Insights

India is another major player in the Asia Pacific exterior sheathing market. The country’s expanding urban population and aggressive housing policies are propelling demand for durable and energy-efficient construction materials. Many of these projects incorporate exterior sheathing for moisture resistance and thermal insulation, particularly in humid coastal states like Kerala and Tamil Nadu. Further, Smart Cities Mission initiatives have spurred the adoption of sustainable building technologies, including advanced sheathing systems.

Japan Exterior Sheathing Market Insights

Japan is a mature landscape in the Asia Pacific exterior sheathing market which is characterized by high regulatory standards and a mature construction industry. The country’s focus on disaster-resilient and energy-efficient buildings has positioned sheathing as a core element in new construction and retrofitting projects. Moreover, the Japan Prefabricated Housing Association noted that over 15% of new homes in 2023 were built using factory-integrated sheathing systems, highlighting the country’s technological advancement in construction methodology. These factors ensure Japan’s continued relevance as a key player in the regional market.

Australia Exterior Sheathing Market Insights

Australia contributes a significant share of the regional market which is driven by stringent energy efficiency regulations and a strong commitment to sustainable construction. The country’s National Construction Code (NCC) 2022 introduced more rigorous insulation and air barrier requirements, prompting widespread use of exterior sheathing in both residential and commercial developments. According to the Australian Bureau of Statistics, residential construction approvals increased by 13.7% in Q1 2024, with many new builds incorporating sheathing materials to meet thermal performance benchmarks. Besides, the country’s bushfire-prone regions are witnessing a shift toward fire-resistant sheathing alternatives. CSIRO studies indicated that buildings with treated fiber cement and mineral wool sheathing demonstrated significantly lower vulnerability to ember attacks.

Vietnam Exterior Sheathing Market Insights

Vietnam is one of the fastest-emerging markets in the Asia Pacific. The country’s booming construction sector, coupled with increasing foreign investment, is fueling demand for modern building materials. According to the Department of Construction under the Ministry of Construction, Vietnam issued a record 12.1% more construction permits in 2023 compared to the previous year, with Ho Chi Minh City and Hanoi leading the expansion. Many of these projects involve mid- to high-rise residential and commercial buildings that require exterior sheathing for thermal regulation and moisture protection. With international players like Saint-Gobain and Etex establishing manufacturing units in the country, Vietnam is set to become a key growth engine for the regional exterior sheathing market.

KEY MARKET PLAYERS AND COMPETITIVE LANDSCAPE

The key market players in the Asia Pacific Exterior Sheathing Market include American Gypsum Company LLC, CertainTeed LLC, CGC Inc. (USG Corporation), DuPont de Nemours Inc., Georgia-Pacific Wood Products LLC, Huber Engineered Woods LLC, Louisiana-Pacific Corporation, and Weyerhaeuser Company.

The Asia Pacific exterior sheathing market is highly competitive, characterized by the presence of global and regional players striving to capture market share through innovation, localization, and strategic expansions. As construction activities accelerate across urban centers, companies are focusing on delivering high-performance, sustainable sheathing materials that meet evolving building codes and environmental regulations. The market features a mix of established multinational corporations and emerging domestic manufacturers, each leveraging their strengths to gain a competitive edge. Product differentiation based on durability, thermal efficiency, and moisture resistance has become a key battleground. Apart from these, the growing preference for prefabricated and modular construction methods is influencing how companies position their offerings. While large players dominate through extensive distribution networks and brand recognition, niche players are capitalizing on specific applications and regional demands. Overall, competition is intensifying as companies seek to align with sustainability goals and digital transformation trends shaping the future of construction in the region.

Top Players in the Asia Pacific Exterior Sheathing Market

One of the leading players in the Asia Pacific exterior sheathing market is Saint-Gobain. The company has a strong presence across the region, offering a wide range of high-performance sheathing materials designed for energy efficiency and durability. Saint-Gobain's focus on sustainable building solutions has made it a preferred partner for architects and developers. Its product portfolio includes advanced fiber cement and rigid foam boards that cater to both residential and commercial construction needs. The company consistently invests in research and development to introduce innovative products tailored to regional climatic conditions.

Another major player is James Hardie Industries, widely recognized for its fiber cement sheathing solutions. With manufacturing facilities in key Asia Pacific markets, James Hardie has successfully adapted its product line to meet local building codes and environmental standards. The company’s emphasis on long-lasting, low-maintenance materials has positioned it as a leader in exterior sheathing. It leverages strategic partnerships and localized marketing initiatives to expand its reach and reinforce brand loyalty among builders and contractors in the region.

Knauf Insulation is also a dominant force in the market, known for its insulation and sheathing systems that enhance building performance. The company offers a diverse portfolio including mineral wool-based sheathing, which provides superior thermal and acoustic properties. Knauf Insulation actively collaborates with governments and green building councils to promote sustainable construction practices. Its commitment to innovation and customer-centric solutions has enabled it to establish a strong foothold in the Asia Pacific exterior sheathing landscape.

Top Strategies Used by Key Market Participants

One of the primary strategies employed by leading companies in the Asia Pacific exterior sheathing market is product innovation and customization. Manufacturers are increasingly developing region-specific sheathing solutions that address local climate challenges such as humidity, typhoons, and extreme temperatures. This approach allows them to offer tailored products that align with regulatory requirements and consumer preferences.

Another key strategy is strategic partnerships and collaborations. Companies are forming alliances with local distributors, construction firms, and government bodies to improve market access and distribution networks. These partnerships help in navigating complex regulatory landscapes while ensuring consistent supply chain management and localized support services.

Lastly, expansion through new production facilities and acquisitions is gaining traction. Major players are investing in manufacturing units within high-growth markets to reduce lead times, lower costs, and respond swiftly to demand fluctuations. Acquisitions of smaller regional brands allow for quicker integration into emerging markets and strengthen overall market positioning.

RECENT MARKET DEVELOPMENTS

• In February 2024, Saint-Gobain launched a new line of climate-adaptive sheathing panels specifically designed for tropical environments. This initiative aimed at addressing humidity and moisture concerns common in Southeast Asian markets.
• In May 2024, James Hardie expanded its manufacturing facility in the Philippines to increase local production capacity and better serve the growing demand for fiber cement sheathing in the region.
• In July 2024, Knauf Insulation introduced an enhanced mineral wool-based sheathing system in Australia, emphasizing fire resistance and acoustic performance to meet stringent building safety standards.
• In September 2024, Etex Group partnered with a leading Vietnamese construction consortium to integrate its sheathing products into large-scale affordable housing projects across the country.
• In November 2024, CSR Limited (Australia) unveiled a new R&D center focused on developing lightweight, eco-friendly sheathing materials aligned with the country’s net-zero building targets.

MARKET SEGMENTATION

This research report on the Asia Pacific Exterior Sheathing Market has been segmented and sub-segmented into the following categories.

By Sheathing Type

• Structural Exterior Sheathing
• Non-Structural Exterior Sheathing

By Product Type

• Oriented Strand Board (OSB)
• Medium Density Fibreboard (MDF)

By Application

• Wall Sheathing
• Roof Sheathing

By End Use Sector

• Residential
• Commercial

By Country

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC