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Puja.Sharma@globaldata.com

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Coca-Cola and Fonterra alliance presents new growth opportunities in ready-to-drink beverage category in Southeast Asia, says GlobalData

Following the news that Coca-Cola Vietnam Beverages Ltd. (Coca-Cola Vietnam) has forged a strategic alliance with New Zealand-based multinational dairy co-operative Fonterra to launch three ready-to drink ‘Nutriboost’ UHT milk products in Southeast Asia, starting with Vietnam, Shagun Sachdeva, Consumer Research Analyst at GlobalData, offers her view: “The rationale behind Coca-Cola partnering with Fonterra is […]
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China’s cosmetics & toiletries market poised for healthy value CAGR of 7.5% over 2018–2023, says GlobalData

Positive economic outlook, supported by growing GDP, is driving the cosmetics & toiletries industry in China, which is expected to grow at a compound annual growth rate (CAGR) of 7.5% from CNY495.3bn (US$74.9bn) in 2018 to CNY712.7bn (US$111.0bn) in 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Country Profile: Cosmetics & Toiletries […]
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Queensland’s junk food ad ban represents important shift in how unhealthy food permeates consumer culture, says GlobalData

Following the news that the Australian state of Queensland has banned outdoor junk food promotions at government-owned sites in a bid to address growing childhood obesity levels, Katrina Diamonon, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “The restriction represents an important shift in how unhealthy food permeates consumer […]
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India presents wealth managers with great opportunity as HNW population set to grow by 40% over next four years, says GlobalData

India presents wealth managers with a great opportunity as the number of high-net-worth (HNW) individuals in the country is expected to grow by around 40% from 200,850 in 2018 to 279,780 in 2022, according to GlobalData, a leading data and analytics company. GlobalData defines HNW individuals as those with onshore liquid assets of more than […]
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Central Bank of Nigeria looks to reach out to 60 million unbanked population by 2020 with Payment Service Banks, says GlobalData

Nigeria remains a largely cash-dominated society, primarily due to limited financial literacy and a lack of financial infrastructure. Against this backdrop, the Central Bank of Nigeria (CBN) is launching Payment Service Banks (PSBs) to make banking services available to over 60 million financially excluded Nigerians by 2020, says GlobalData, a leading data and analytics company. […]
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Indonesian cosmetics & toiletries market forecast to be worth Rp105.1 trillion by 2023, says GlobalData

Fuelled by positive economic growth supported by heavy manufacturing investments, the cosmetics & toiletries industry in Indonesia is expected to grow at a compound annual growth rate (CAGR) of 8.4% from Rp70.3 trillion (US$5bn) in 2018 to Rp105.1 trillion (US$7bn) by 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Country Profile: Cosmetics […]
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