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Banking, Payments

Japan e-commerce market to grow by 6.9% in 2022, estimates GlobalData

The Japanese e-commerce market is estimated to register a growth of 6.9% to reach JPY22.4 trillion ($194.3 billion) in 2022, as consumers increasingly shift from offline to online purchasing, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s E-Commerce Analytics reveals that e-commerce sales in Japan grew at a compound annual growth […]

Technology

Vietnam telecom and pay-TV services market to reach $6.5 billion in 2026, forecasts GlobalData

The telecom and pay-TV services market in Vietnam is set to grow to $6.5 billion in 2026, witnessing a marginal compounded annual growth rate (CAGR) of 1% over the forecast period 2021-2026, mainly supported by mobile data segment, observes GlobalData. The leading data and analytics company’s, ‘Vietnam Telecom Operators Country Intelligence Report’, reveals that mobile […]

Banking

St. George tops list of Australian banks in net satisfaction of digital experience, finds GlobalData

With digital banking becoming ever prevalent in recent years, banks are scrambling to provide enhanced digital experience to attract and retain customers. Against this backdrop, St. George has emerged as the leading Australian bank for net satisfaction of digital experience in 2022, reveals GlobalData, a leading data and analytics company. GlobalData’s Australian Competitor Benchmarking report […]

Foodservice

Philippines foodservice profit sector to grow at 17.5% CAGR through 2026, forecasts GlobalData

The Philippine foodservice profit sector is set to grow at a compound annual growth rate (CAGR) of 17.5% from PHP451.1 billion ($9.2 billion) in 2021 to PHP1,009.7 billion ($20 billion) in 2026, predicts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Philippines Foodservice Market Size and Trends by Profit and Cost Sector Channels, […]

Consumer

Coca-Cola, PepsiCo rivalry will provide niche energy drinks level playing field with carbonates in India, observes GlobalData

PepsiCo’s mass affordable ‘Sting’ has been a game changer in the Indian energy drinks market. With Coca-Cola entering the arena with Thums Up Charged Berry Bolt earlier this year, the competition is heating up. The rivalry between the two conglomerates will propel the niche energy drinks category to new heights and can even erode the […]

Packaging

Rigid metal to drive Indian packaging market at 6.9% CAGR through 2026, predicts GlobalData

The Indian packaging market is set to grow from 373.6 billion units in 2021 to 521.9 billion units in 2026, registering a compound annual growth rate (CAGR) of 6.9%, driven by the increased use of rigid metal, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “India Packaging Market Size, Analysing Key Pack […]

Oil & Gas

Asia to lead global propylene capacity additions by 2026, forecasts GlobalData

Asia is likely to lead the global propylene capacity additions with a capacity of 35.18 million tons per annum (mtpa) by 2026, with China dominating the region’s propylene capacity additions accounting for a share of 65%, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Propylene Industry Installed Capacity and Capital Expenditure (CapEx) […]

Insurance

Malaysian insurance industry to reach $26.7 billion in 2026, forecasts GlobalData

The Malaysian insurance industry will grow at a compound annual growth rate (CAGR) of 8.4% from MYR 73.1 billion ($17.6 billion) in 2021 to MYR 109.6 billion ($26.7 billion) in 2026, in terms of written premium, led by the life insurance and pension segment, estimates GlobalData, a leading data and analytics company. According to GlobalData, […]

Consumer

Reliance Retail can deliver India’s first major carbonates private label with Campa Cola relaunch, opines GlobalData

Reliance Retail Ventures, a division of Reliance Industries, has recently acquired Campa Cola, an iconic Indian carbonates brand, from Pure Drinks Group for an estimated INR220 million ($2.8 million). The retailer has now relaunched Campa Cola in the cola, orange, and lemon flavors in select stores. With this move, Reliance Retail can potentially give India […]

Foodservice

UK foodservice profit sector sales will surge by 14.9% CAGR through 2026, driven by easing COVID-19 restrictions, says GlobalData

The UK Government’s strong macroeconomic policies and grants to help businesses, which were severely impacted by COVID-19, will help the country’s foodservice profit sector to grow at a compound annual growth rate (CAGR) of 14.9% from GBP50.5 billion ($69.6 billion) in 2021 to GBP100.9 billion ($152.6 billion) in 2026, predicts GlobalData, a leading data and […]

Packaging

France packaging market will witness 1.3% CAGR between 2021-26, led by rigid plastics, forecasts GlobalData

The French packaging market is set to grow at a compound annual growth rate (CAGR) of 1.3% from 94.6 billion units in 2021 to 101.1 billion units in 2026, driven by rigid plastics, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “France Packaging Market Size, Analysing Key Pack Material (Pack Type, Closure […]

Foodservice

GlobalData forecasts China foodservice profit sector to grow at 2.6% CAGR through 2026

China’s foodservice profit sector is set to grow at a compound annual growth rate (CAGR) of 2.6% from CNY6,110.6 billion ($947.5 billion) in 2021 to CNY6,959.7 billion ($1,090.4 billion) in 2026, predicts GlobalData, a leading data and analytics company. According to GlobalData, the foodservice profit sector revenue grew at a CAGR of 3.3% during 2016-21, […]

Packaging

Rigid plastics to drive Japan packaging market at 1.5% CAGR between 2021-26, predicts GlobalData

The Japanese packaging market is set to grow at a compound annual growth rate (CAGR) of 1.5% from 171.7 billion units in 2021 to 185.1 billion units in 2026. Rigid plastics, which accounted for the maximum share of 33.1% in 2021, will continue to dominate through the forecast period, according to GlobalData, a leading data […]

Consumer

Zomato switches to premium play with inter-city services to reinvigorate food delivery business in India, says GlobalData

Following the news that Zomato has launched a new inter-city food delivery service ‘Intercity Legends’; Bobby Verghese, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “To reinvigorate its food delivery business, Zomato is experimenting with new value-added services by leveraging its existing delivery fleet. The launch of a 10-minute delivery […]

Travel & Tourism

Thomas Cook India set to increase its customer base using multi-channel strategy, says GlobalData

Thomas Cook India Limited (TCIL) is set to expand its customer base as it successfully targets both online and offline channels, and by capitalizing on its branch network, which is the company’s primary competency and a significant contributor to sales and profits, says GlobalData, a leading data and analytics company. GlobalData’s latest Report, ‘Case Study: […]

Consumer

On-premise consumption will propel Japan hot drinks market at 4.7% CAGR through 2026, predicts GlobalData

As Japan is set to start lifting the COVID-19 restrictions on inbound tourist entry from September, and refrain from reimposing national restrictions, the on-premise demand for hot drinks is expected to rebound in the country. Consequently, the country’s hot drinks market will expand at a compound annual growth rate (CAGR) of 4.7% from JPY2,290.2 billion […]

Consumer

Instant coffee to drive South Korea hot drinks market to $5 billion in 2026, predicts GlobalData

With employees returning to workplaces in South Korea, instant coffee has seen a rise in consumption, bolstering the growth of the hot drinks sector in the country. Hot tea is also gaining favor, underpinned by the heightened health-consciousness in the light of COVID-19, and celebrity endorsements. As a result, the South Korean hot drinks market […]

Consumer

United Spirits sales freeze calling for reforms in $41.9 billion India spirits market likely to be short-lived, says GlobalData

Following the news that United Spirits has paused sales of spirits in Indian states where product prices are capped despite the rising inflation levels: Bobby Verghese, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Diageo Plc and its Indian subsidiary, United Spirits, commanded 29% of volume share in the 3.3 […]

Pharma

Advanced biologic drugs and COVID-19 vaccines creating opportunities for packaging providers to supply big pharma companies, says GlobalData

Injectable drugs and their packaging requirements are providing ample opportunities for packaging firms to supply big pharmaceutical companies, given the volume of vaccines, including the latest Omicron boosters required to tackle the COVID-19 pandemic, and the rising number of biologics, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Contract Injectable Packaging Trends in […]

Oil & Gas

China to account for more than quarter of caustic soda capacity additions in Asia by 2026, forecasts GlobalData

China will register the highest caustic soda capacity additions in Asia, contributing about 41% of the region’s capacity additions by 2026, estimates GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Caustic Soda Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced […]

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Japan e-commerce market to grow by 6.9% in 2022, estimates GlobalData

Vietnam telecom and pay-TV services market to reach $6.5 billion in 2026, forecasts GlobalData

St. George tops list of Australian banks in net satisfaction of digital experience, finds GlobalData

Philippines foodservice profit sector to grow at 17.5% CAGR through 2026, forecasts GlobalData

Coca-Cola, PepsiCo rivalry will provide niche energy drinks level playing field with carbonates in India, observes GlobalData

Rigid metal to drive Indian packaging market at 6.9% CAGR through 2026, predicts GlobalData

Asia to lead global propylene capacity additions by 2026, forecasts GlobalData

Malaysian insurance industry to reach $26.7 billion in 2026, forecasts GlobalData

Reliance Retail can deliver India’s first major carbonates private label with Campa Cola relaunch, opines GlobalData

UK foodservice profit sector sales will surge by 14.9% CAGR through 2026, driven by easing COVID-19 restrictions, says GlobalData

France packaging market will witness 1.3% CAGR between 2021-26, led by rigid plastics, forecasts GlobalData

GlobalData forecasts China foodservice profit sector to grow at 2.6% CAGR through 2026

Rigid plastics to drive Japan packaging market at 1.5% CAGR between 2021-26, predicts GlobalData

Zomato switches to premium play with inter-city services to reinvigorate food delivery business in India, says GlobalData

Thomas Cook India set to increase its customer base using multi-channel strategy, says GlobalData

On-premise consumption will propel Japan hot drinks market at 4.7% CAGR through 2026, predicts GlobalData

Instant coffee to drive South Korea hot drinks market to $5 billion in 2026, predicts GlobalData

United Spirits sales freeze calling for reforms in $41.9 billion India spirits market likely to be short-lived, says GlobalData

Advanced biologic drugs and COVID-19 vaccines creating opportunities for packaging providers to supply big pharma companies, says GlobalData

China to account for more than quarter of caustic soda capacity additions in Asia by 2026, forecasts GlobalData

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