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Food Revolution Group set to meet growing demand of hand sanitizers amidst coronavirus outbreak, says GlobalData

Following the news that The Food Revolution Group looks increase the production of hand sanitizer to meet the mounting demand in the Asia-pacific (APAC) region in the wake of growing public concerns amidst the coronavirus outbreak; Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “Australia-based consumer good […]
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Coronavirus outbreak: businesses likely to see China as a key risk factor, says GlobalData

The outbreak of Coronavirus has far-reaching impacts ranging from the shutdown of factories, challenging job conditions and supply chain disruption. With these impacts, more businesses with exposure to China are likely to see the country as a potential risk factor, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform, which scans […]
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QR code-based mobile payments to aid shift towards cashless payments in Malaysia, says GlobalData

Malaysia is making steady progress to reduce cash dependence with growing adoption of electronic payments. The total card payments’ value is set to increase from MYR208.2bn (US$50.4bn) in 2019 to MYR334.9bn (US$81bn) in 2023, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Malaysia Cards & Payments: Opportunities and Risks to 2023’, reveals […]
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Asia to dominate global refining industry by contributing 40% of new-build capacity growth by 2024, says GlobalData

Asia is expected to lead the global refining industry by contributing about 40% of refining capacity additions from planned and announced (new-build) projects between 2020 and 2024, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Refining Industry Outlook to 2024 – Capacity and Capital Expenditure Outlook with Details of All Operating […]
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Chinese prepared meals sector poised to grow at a CAGR of 7.4% during 2018–2023, says GlobalData

Driven by changing lifestyle and increasing working population, the prepared meals sector in China is forecast to grow from C¥43.3bn (US$6.5bn) in 2018 to C¥61.7bn (US$9.1bn) by 2023, registering a compound annual growth rate (CAGR) of 7.4%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘China Prepared Meals – Market Assessment and Forecast […]
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Bühler, Givaudan aim to address nutrition challenges with plant-based food innovation center in Singapore, says GlobalData

Following yesterday’s announcement that Switzerland-based food technology company Bühler and flavor and fragrance company Givaudan have partnered to setup a plant-based food  innovation center in Singapore; Nabila Azmatulla, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “The innovation center, which is scheduled to open in Q4 2020, will have […]
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China set to dominate Asian refining industry by contributing 44% of new-build capacity growth by 2024, says GlobalData

China is expected to lead the Asian refining industry by contributing about 44% of refining capacity additions from planned and announced (new-build) projects by 2024, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Refining Industry Outlook to 2024 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned […]
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Level playing field is important for domestic medical device makers to compete with multinational companies in India, says GlobalData

A level playing field is important for domestic medical device manufacturers in India to compete with multinational companies, which have strong financial and technological capabilities, says GlobalData, a leading data and analytics company. In a bid to support domestic manufacturers and generate funds to create health infrastructure, India has recently proposed an additional 5% health […]
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GlobalData reveals top ten beauty influencers on Twitter in Q4 2019

The GlobalData’s Beauty Influencer Platform, which tracks more than 250 leading global beauty experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, has revealed Dave Lackie, Editor & Founder at Beauty Departure magazine, as the top influencer during the fourth quarter (Q4) of […]
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Wearable tech is maturing, but is still out of the mainstream, says GlobalData

Wearable technology is an emerging sub-market in the Internet of Things (IoT) theme, but is yet to establish itself in the IoT mainstream due to limited interoperability and underdeveloped self-contained functionalities, according to GlobalData, a leading data and analytics company. GlobalData’s Wearable Tech – Thematic Research predicts that the market will grow at a compound […]
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Problems are opportunities for communications and collaboration vendors in China amidst coronavirus outbreak, says GlobalData

While the Chinese Government continues to scuffle with the coronavirus outbreak and find a remedy, the situation has provided a formidable product pitching background for the leading technology vendors offering communications and collaboration services, says GlobalData, a leading data and analytics company. All the sectors are currently feeling the impact of the coronavirus, with manufacturing […]
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