GlobalData
Food
Nestlé’s €3.58bn plan to halve carbon emissions by 2030 suggests overall industry shift
According to Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company: “Nestlé’s ambitious plans reveal how pervasive environmental issues have become in the corporate and consumer world. In fact, GlobalData’s most recent surveys suggest that the COVID-19 pandemic...
Food
Carbon-neutral snack foods will appeal to post-pandemic consumers: GlobalData
Large snack food companies must double down on carbon emissions at every level if they want green credibility. Especially during the COVID-19 pandemic, sustainability and reducing environmental impact are becoming ever more critical to consumers’ perceptions of brands. Leading...
Beauty & Wellness
APAC make-up sector to reach US$26.1bn in 2024: Study
The Asia-Pacific (APAC) make-up sector is the second largest globally and is expected to reach US$26.1bn in 2024, growing at a compound annual growth rate (CAGR) of 6.9% during 2019-2024. Rising disposable income and burgeoning middle class are spurring...
Food
APAC confectionery sector set to reach US$54.1bn in 2024: GlobalData
The Asia-Pacific (APAC) confectionery sector is the second fastest growing globally that is expected to reach US$54.1bn in 2024, growing at a value compound annual growth rate (CAGR) of 3.5% during 2019-2024. Rising disposable income and health consciousness among...
Retail
India’s packaging market to reach 422.3 billion units at 6.5% CAGR in 2024
Changing lifestyle of consumers along with rising demand for products that offer an ease of convenience are the key attributes prompting the demand for portable packaging solutions.
The packaging sector in India is expected to increase from 307.8 billion units in 2019 to 422.3 billion units in 2024, at a compound annual growth rate (CAGR) of 6.5% during 2019-2024, says GlobalData, a leading...
Food
Danone’s hiring on the decline as it adapts to increasing at-home consumption
Danone’s job postings jumped in Q2 during COVID-19 lockdowns, rising from 536 in January to reach a high of 1,141 in May. However, this was followed by a reorganization in Q3, which led to reduced positions, finds GlobalData, a leading data and analytics...
International News
Vietnam’s e-commerce market to reach US$13.1bn in 2020: GlobalData
Vietnam is one of the fastest growing e-commerce markets in the Asia-Pacific region, driven by young population, growing middle class, growing Internet penetration and rising smartphone penetration. The COVID-19 pandemic and the subsequent social distancing measures have further accelerated...
Food
Aldi’s Deliveroo experiment reveals Christmas e-commerce potential for discounters: GlobalData
As e-commerce and delivery ramp up - due to Christmas, COVID-19 and lockdowns - German discounter, Aldi, has expanded its tie-up with Deliveroo to almost 130 of its 900 stores in the UK and would extend a click and...
International News
Consumer, retailer behaviors during pandemic show online and physical channels form a highly competitive, single retail market
A new report titled ‘Multichannel Retail and COVID-19′ by leading data and analytics company, GlobalData, (download: https://bit.ly/mcretail2) finds that shopping habits in the US and Europe shifted dramatically because of disruption caused by the pandemic, driving rapid adoption and growth in buy online,...
Fashion & Lifestyle
Why the collapse of Debenhams and the Arcadia group was inevitable
Following the news that Arcadia has fallen into administration, and that Debenhams it set to close all its stores;
Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the situation:
“While Debenhams and Arcadia...
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Latest News
Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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