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GlobalData

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Unilever’s price hikes may push 32% of consumers to opt for more affordable private labels, says GlobalData

Following today’s (10 February 2022) release of Unilever’s trading results; Nina Nowak, Senior Researcher at GlobalData, a leading data and analytics company, offers her view: “Unilever has performed well despite rocky conditions, as at home trends continue to fuel online shopping, as well as growth in snacking and beauty and household product categories. That being […]
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North America further strengthens its leadership in global VC funding landscape in 2021, says GlobalData

Global venture capital (VC) funding activity volume witnessed significant growth in 2021, with improvement also witnessed across all of the regions. However, North America continued to attract the highest number of VC investments while also registering robust growth during the year. This was primarily driven by the heightened deal activity in the US, according to […]
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Disney+’s globalization strategy will boost subscribers but may not be enough to sustain breakneck growth, says GlobalData

Following its pandemic heyday, Disney+ experienced a deceleration in new subscriber growth in Q4 2021. A continuation of this trend in its latest earnings release will stoke investors’ concerns. Disney+’s expansion into emerging markets will provide a boost but may not be enough to sustain its previous subscriber growth as lockdowns become less common globally. […]
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Hungary’s insurance industry to reach $5.67 billion in 2025, driven by economic recovery, says GlobalData

Hungary’s insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.3% from HUF1,204.86 billion ($3.91 billion) in 2020 to HUF1,635.5 billion ($5.67 billion) in 2025, in terms of gross written premiums (GWP), according to GlobalData, a leading data, and analytics company. According to GlobalData, Hungary’s insurance industry is poised for […]
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Despite political reforms, the Chilean defense budget is forecasted to grow by 70% to $2.2 billion by 2026, says GlobalData

The Chilean defense budget is forecasted to grow by 70% from $1.3 billion in 2021 to $2.2 billion in 2026, according to GlobalData. This growth follows a few tumultuous years, which has seen Chile go through major political, social, and economic changes. Madeline Wild, Associate Defense Analyst at GlobalData, comments: “Gabriel Boric’s election as President […]
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Holiday offers and key shopping moments help set record high results for Estee Lauder, says GlobalData

Following today’s (3 February 2022) release of Estee Lauders’ trading results; Nina Nowak, Senior Researcher at GlobalData, a leading data and analytics company, offers her view: “Estee Lauder’s premium image combined with limited offers has likely maximized demand during the holiday period. Indeed, according to GlobalData’s Q4 2021 consumer survey, 47% of global shoppers point […]
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Petrochemical projects continue to dominate upcoming oil and gas projects starts in Saudi Arabia by 2026, says GlobalData

Petrochemical projects continue to dominate the commencement of upcoming projects across the oil and gas value chain in Saudi Arabia, accounting for around 60% of the total projects starts expected during 2022 to 2026, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Middle East Oil and Gas Projects Outlook to 2026 – Development […]
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German electric vehicles market must grow at a CAGR of 35% to hit country’s goal of 15 million EVs by 2030, says GlobalData

Germany’s goal of putting 15 million battery electric vehicles (BEVs) on the road by 2030 is currently behind schedule as the global automotive industry struggles to procure key components such as microchips and the basic raw materials used in the manufacture of high voltage batteries including the elements lithium, nickel and cobalt. To reach this […]
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Generation Hashtag will be a key driver for niche tourism growth driven by experience economy, according to GlobalData

According to GlobalData’s recently published report, ‘Niche Tourism, 2022 Update – Thematic Research’, demand for niche tourism holidays and experiences is growing among Generation Hashtag (defined as people born between 1991 and 2005). Craig Bradley, Associate Travel & Tourism Analyst at GlobalData, comments: “Generation Hashtag is a driving force behind the experience economy, which is […]
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Valentine’s Day top categories to focus on indulgence and fun this year, according to GlobalData survey

Premium positioning is a common theme present in GlobalData’s top Valentine categories, namely, prepared meals and meal kits, makeup, perfume, grooming products, and confectionery, as well as adult toys. The leading data and analytics company’s latest survey reveals that 58%* of people globally prefer medium- to high-priced confectionery, while hair and skincare stand at 56% […]
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Secretary Austin likely to put pressure on key defense companies CEOs to keep hypersonic programs on schedule says GlobalData

The Defense Secretary Lloyd Austin’s upcoming meeting with CEOs of key defense companies to discuss hypersonics will focus on the Department of Defense’s (DoD)  concerns about getting the programs to the development stage as well as lowering the associated cost says GlobalData, a leading data and analytics company. Hypersonic refers to aircraft, missiles, and rockets […]
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