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Australia’s domestic-focused E&Ps are better positioned to cope with current global market volatility, says GlobalData

The intrinsic uncertainty surrounding the duration of beleaguered global oil and gas demand and low oil prices has led to varied responses from E&P companies to cope with the current economic climate. Analysis of the impact on the top Australian E&P companies reveals that domestically-focused operators are positioned at the lowest risk to the short-term […]
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Nearly all aesthetic procedures in US are estimated to be delayed due to COVID-19, says GlobalData

Between 70–100% of all the aesthetic procedures performed in the US are estimated to be delayed, postponed or canceled due to COVID-19, as they are considered to be elective and non-essential, according to GlobalData, a leading data and analytics company. Eric Chapman, Medical Devices Analyst at GlobalData, says: “GlobalData estimates that nearly all aesthetic procedures […]
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Growth in the Philippines construction industry to slow down to 1.2% due to COVID-19 containment measures, says GlobalData

Prior to the COVID-19 outbreak, the Philippines construction industry was growing at a robust pace due to the ongoing infrastructure investment and the launch of the Philippine Construction Industry Roadmap 2020–2030. However, with the government announcing strict measures to slow the spread of the virus, construction output growth forecast for 2020 is expected to slow […]
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Impact of COVID-19 on diagnostic imaging procedures in US will not be as severe compared to other therapy areas, says GlobalData

The impact of COVID-19 on diagnostic imaging (DI) procedures will not be as severe compared to other therapy areas, such as aesthetics and dental, since only 38.7% of these procedures are elective and expected to drop due to the COVID-19 pandemic, according to GlobalData, a leading data and analytics company. Eric Chapman, Medical Devices Analyst […]
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Chinese consumers continue to value health, authenticity and heritage in food products amid COVID-19, says GlobalData

COVID-19 has largely reshaped the consumer lifestyles along with consumer purchase decisions across China. The demand for local, healthy and authentic food and drinks is seen at its peak in the country. Therefore, it is necessary for brands to make certain adjustments in their portfolio and follow the growing business trends. Sumit Chopra, Consumer Research […]
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Upswing in travel costs can lead to a slow recovery of tourism industry post-COVID-19, says GlobalData

According to COVID-19 consumer survey, 59% of respondents globally are always or often influenced by how well a product aligns with their financial constraints. The financial crunches will lead to travel postponements that can further lead to an increase in the travel costs. This could further slowdown the tourism industry’s recovery from the COVID-19 impact, […]
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COVID-19 brings opportunities for APAC manufacturers to leverage nutrient-rich Yuzu extracts for a healthy halo, says GlobalData

East Asian citrus fruit Yuzu has claimed its place among the ‘superfruits’ for its flavor, nutritional value and potential health attributes. Additionally, it has also become a star ingredient in the food, beverages and beauty formulations across the Asia-Pacific (APAC) region. Against this backdrop, manufacturers can exploit the floral and citrus fragrance of Yuzu for […]
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Vans are a bright spot in Europe’s automotive downturn, says GlobalData

Light commercial vehicles (LCVs) including vans are an often overlooked, but important, component of the European light vehicle market, particularly in the current coronavirus crisis, says GlobalData, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, says: “As online delivery becomes more important to our everyday lives and as we shelter indoors […]
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