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Oil & Gas

China to drive Asia’s liquids storage capacity growth by 2024, says GlobalData

China is expected to lead the liquids storage capacity growth in Asia, contributing about 40% of the total capacity growth in Asia by 2024. The country is likely to add 22.8 million cubic meters (mmcm) of liquids storage capacity by 2024, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Liquids Storage […]

Technology

Malaysia’s pay-TV services revenue to register sluggish growth over next five years, forecasts GlobalData

The total pay-TV services revenue in Malaysia is forecast to grow at a sluggish pace from US$1.07bn in 2019 to US$1.08bn in 2024, reflecting a compound annual growth rate (CAGR) of a marginal 0.2%, supported by a steady rise in the adoption of DTH and IPTV services, according to GlobalData, a leading data and analytics […]

Travel & Tourism

Mixed messages for the Japanese population as Tokyo’s COVID-19 alert level is raised, says GlobalData

Following the news that the Japanese capital of Tokyo is now back at the maximum COVID-19 alert level amidst an increase in the number of COVID-19 cases; John Vandesquille, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view: “A new wave of COVID-19 is hitting Tokyo, which just has […]

Consumer

Indonesian skincare sector is expected to reach US$2.5bn by 2024, says GlobalData

The Indonesian skincare sector is expected to grow from Rp24.1t trillion (US$1.69bn) in 2019 to Rp37.1 trillion (US$2.5bn) by 2024, recording a compounded annual growth rate (CAGR) of 9.0%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Indonesia Skincare – Market Assessment and Forecasts to 2024’ reveals that ‘Facial care’ was the largest […]

Consumer

Philippines make-up sector is expected to reach US$263.2m by 2024, says GlobalData

The make-up sector in the Philippines is expected to grow from ₱10.5bn (US$200.4m) in 2019 to ₱14.1bn (US$263.2m) by 2024, recording a compound annual growth rate (CAGR) of 6.2%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Philippines Make-Up – Market Assessment and Forecasts to 2024’ reveals that the sector growth is driven […]

Pharma

COVID-19 severely disrupts global and domestic API supply chain in Maharashtra, India, says GlobalData

Pharma manufacturing is exempted from the lockdown measures in India; however, the movement of materials appears still to be limited, the workforce to carry out manufacturing is reduced and pharma employees are restricted from travelling into work across multiple Indian states. This labor disruption means raw materials are not reaching the pharma factories or are […]

Power

US utility-scale solar PV installation improves even as COVID-19 may dampen 2020 installation outlook, says GlobalData

The COVID-19 outbreak has disrupted the value chains and impacted power industries worldwide. The US solar industry is no different from the situation with the Q1 witnessing record installations in the first quarter. Even as the utility-scale installation improving, the pandemic is likely to dampen the sentiments and mute the project development activities for the […]

Oil & Gas

Asia dominates global LNG regasification capacity additions through 2024, says GlobalData

Asia is expected to witness the highest global liquefied natural gas (LNG) regasification capacity additions, contributing about 69% of the total regasification capacity additions by 2024, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals, 2020–2024 – China Spearheads Global Regasification Capacity Additions […]

Consumer

Japan’s skincare sector is forecast to reach US$22.2bn by 2024, says GlobalData

The Japanese skincare sector is expected to grow from J¥1.9bn (US$17.6bn) in 2019 to J¥2.11bn (US$22.2bn) by 2024 growing at a compound annual growth rate (CAGR) of 2.1%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Japan Skincare – Market Assessment and Forecasts to 2024’, reveals that ‘facial care’ category led the sector […]

Oil & Gas

China and India lead Asia’s regasification capacity additions by 2024, says GlobalData

China and India are expected to dominate Asia’s liquefied natural gas (LNG) regasification capacity additions, contributing nearly 60% of the regions’ total regasification capacity additions between 2020 and 2024, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals, 2020–2024 – China Spearheads Global […]

Consumer

Philippines haircare sector set to reach US$1,194.3m in 2024, says GlobalData

The haircare sector in the Philippines is forecast to grow from PHP53.3bn (US$1,021.8m) in 2019 to PHP64.1bn (US$1,194.3m) in 2024, recording a compound annual growth rate (CAGR) of 3.8%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Philippines Haircare – Market Assessment and Forecasts to 2024’, reveals that the shampoo is the largest […]

Consumer

South Korea’s haircare sector to reach US$1,413.2m in 2024, says GlobalData

The haircare sector in South Korea is forecast to grow from ₩1,396.9bn (US$1,194.3m) in 2019 to ₩1,656.3bn (US$1,413.2m) in 2024, recording a compound annual growth rate (CAGR) of 3.5%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘South Korea Haircare – Market Assessment and Forecasts to 2024’, reveals that the shampoo category led […]

Construction

Construction industry growth in Northeast Asia will decelerate to 1.1% courtesy COVID-19, finds GlobalData

The construction output for Northeast Asia, which is the largest region in terms of the total value of global construction output, has been revised down to 1.1% as compared to the pre-COVID forecast of 4.2% by GlobalData, a leading data and analytics company. Although being the epicenter of the COVID-19 pandemic, China is still expected […]

Power

Investment in renewable energy transition could act as a powerful recovery mechanism from COVID-19, says GlobalData

As the global economies try to mitigate the COVID-19 impact, investment in renewable energy expansion becomes an important cog in the wheel towards the economic recovery journey. Expanding the renewables will not only help countries deliver stronger climate action under the Paris Agreement but also fuel the economic activities across the value chain forming a […]

Consumer

Indonesia’s make-up sector to reach US$634m in 2024, says GlobalData

The make-up sector in Indonesia is forecast to grow from IDR6.84 trillion (US$482.9m) in 2019 to IDR9.38 trillion (US$634m) in 2024, recording a compound annual growth rate (CAGR) of 6.5%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Indonesia Make-Up – Market Assessment and Forecasts to 2024’, reveals that the lip make-up was […]

Power

Government should rescue India’s ailing power sector suffering from reduced demand due to COVID-19, says GlobalData

Amid the COVID-19 induced countrywide lockdown, electricity consumption in India plummeted considerably. The electricity consumption in April 2020 was 18.1% and 15.1% lesser than what it was in February and March 2020, respectively. Although consumption picked up towards the latter part of May, the scenario is expected to remain the same at least for the […]

Insurance

COVID-19 complications cause delays in life insurance sales, says GlobalData

Life insurance sales are slowing as COVID-19 has led to disruption in the processes and fewer house purchases, a key trigger for life insurance purchases, says GlobalData, a leading data and analytics company. In many instances, the purchase of a life policy is triggered by a key life event. By far, the most common type […]

Construction

South and Southeast Asia’s construction industry set to contract by 4.3% in 2020, says GlobalData

The construction industry in the South and Southeast Asia had slowed in 2019, led by a deceleration in real estate markets across many of the countries including India, which accounts for more than 50% of the region’s construction output. Prior to the onset of COVID-19 outbreak, the region was expected to regain some of its […]

Consumer

Malaysian haircare sector is expected to grow at a CAGR of 5.0% during 2019–2024, says GlobalData

The haircare sector in Malaysia is forecast to grow from RM1,125.1m (US$269.2m) in 2019 to RM1,437.7m (US$341m) by 2024, recording a compound annual growth rate (CAGR) of 5.0%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Malaysia Haircare – Market Assessment and Forecasts to 2024’ reveals that the Shampoo category led the sector […]

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China to drive Asia’s liquids storage capacity growth by 2024, says GlobalData

Malaysia’s pay-TV services revenue to register sluggish growth over next five years, forecasts GlobalData

Mixed messages for the Japanese population as Tokyo’s COVID-19 alert level is raised, says GlobalData

Indonesian skincare sector is expected to reach US$2.5bn by 2024, says GlobalData

Philippines make-up sector is expected to reach US$263.2m by 2024, says GlobalData

COVID-19 severely disrupts global and domestic API supply chain in Maharashtra, India, says GlobalData

US utility-scale solar PV installation improves even as COVID-19 may dampen 2020 installation outlook, says GlobalData

Asia dominates global LNG regasification capacity additions through 2024, says GlobalData

Japan’s skincare sector is forecast to reach US$22.2bn by 2024, says GlobalData

China and India lead Asia’s regasification capacity additions by 2024, says GlobalData

Philippines haircare sector set to reach US$1,194.3m in 2024, says GlobalData

South Korea’s haircare sector to reach US$1,413.2m in 2024, says GlobalData

Construction industry growth in Northeast Asia will decelerate to 1.1% courtesy COVID-19, finds GlobalData

Investment in renewable energy transition could act as a powerful recovery mechanism from COVID-19, says GlobalData

Indonesia’s make-up sector to reach US$634m in 2024, says GlobalData

Government should rescue India’s ailing power sector suffering from reduced demand due to COVID-19, says GlobalData

COVID-19 complications cause delays in life insurance sales, says GlobalData

South and Southeast Asia’s construction industry set to contract by 4.3% in 2020, says GlobalData

Malaysian haircare sector is expected to grow at a CAGR of 5.0% during 2019–2024, says GlobalData

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