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Lack of skills and talent still top hinderance for digital transformation in pharma, says GlobalData

The rapid pace of technological advancement has outstripped the ability of traditional training programs to keep up, creating a significant skills gap. Without the necessary expertise, companies may struggle to integrate new systems, leading to stalled initiatives. Lack of specific skills and talents has been found to be the biggest obstacle for pharmaceutical companies in […]
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APAC automotive instrument cluster market to reach 55.2 million units by 2029, forecasts GlobalData

In recent years, the automotive industry in Asia-Pacific (APAC) has witnessed a significant shift towards advanced instrumentation in vehicles, as consumers increasingly demand modern features and technologies. From digital displays to driver assistance technologies, consumers are increasingly seeking vehicles that offer not just transportation but a holistic driving experience. As such, the volume of the […]
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Multifunctional cosmetics with cross category ingredients gain popularity in APAC, says GlobalData

Consumers in the Asia-Pacific (APAC) region are seeking good value for money cosmetics with added benefits or functionalities, owing to growing hectic and fast-paced lifestyles. Products with flexible formulations that cut down their daily cosmetic routine by handling multiple concerns in a single product are being favored by consumers. As a result, multifunctional cosmetics with […]
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UCB and Biogen’s dapirolizumab pegol paves new path for systemic lupus erythematosus treatment, says GlobalData

UCB and Biogen’s Phase III PHOENYCS GO trial results signal a pivotal development for systemic lupus erythematosus (SLE) treatment, as dapirolizumab pegol met its primary endpoint and demonstrated enhanced disease control and safety at Week 48. With a novel CD40L-targeting mechanism and favorable efficacy outcomes, this therapy has the potential to challenge established SLE treatments […]
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Social media reshapes Southeast Asia skincare industry landscape, says GlobalData

Social media is revolutionizing the Southeast Asian skincare industry by influencing consumer behavior, driving brand innovation, and shaping market dynamics. The proliferation of digital platforms has empowered consumers with information and choice, while brands leverage these channels for marketing, engagement, and product development. Social media platforms such as Instagram, TikTok, and YouTube have become pivotal […]
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Canada viscosupplementation market set to grow at over 7.5% CAGR through 2033, forecasts GlobalData

Osteoarthritis (OA) prevalence is on the rise in Canada, driven significantly by an aging population and increasing obesity rates. In response, viscosupplementation—injecting hyaluronic acid directly into the joints—has become a minimally invasive option to manage OA pain and potentially postpone more intensive interventions, like knee replacement surgery. Consequently, the Canada viscosupplementation market is set to […]
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APAC automotive aftermarket wear and tear market to expand at 3.7% CAGR over 2023-28, forecasts GlobalData

Being the most populated region globally with the largest number of on-road car volumes, Asia-Pacific (APAC) has an established aftermarket wear and tear market. In addition, a variety of demographics, changing consumer preferences, technological adaptability, and varying regulations have provided the aftermarket wear and tear market a dynamic growth opportunity. Against this backdrop, the APAC […]
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GHOST acquisition highlights growing prominence of disruptive brand addition for success in drinks market, says GlobalData

Keurig Dr Pepper has recently announced the acquisition of GHOST Lifestyle, a fast-growing drink brand. In recent years, GHOST has experienced significant growth with its unique identity, flavors, and packaging appealing to consumers. The acquisition will enhance Keurig Dr Pepper’s presence in the energy drink and sports drink categories and expand its reach to new […]
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Next-generation spirits innovation to be shaped by premiumization, convenience, generational shifts, and AI, says new GlobalData study

Spirits consumers are increasingly adopting a “drink less but drink better” outlook, as they seek products that offer superior craftsmanship, unique flavors, and premium ingredients. Premiumization, convenience, a generational shift in consumer preferences, and the influence of AI are profoundly shaping the direction of new product development and marketing strategies in the spirits industry, leading […]
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E-7 Airborne Early Warning & Control aircraft strengthens Republic of Korea Air Force capabilities, says GlobalData

The US State Department has recently approved a foreign military sale of four E-7 Airborne Early Warning & Control (AEW&C) aircraft to South Korea for an estimated $4.92 billion. The move is expected to enhance the Republic of Korea Air Force’s (ROKAF) airspace surveillance and defense capabilities amid the evolving regional threats. The addition of […]
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Parkinson’s disease clinical research in 7MM focuses on disease-modifying agents, says GlobalData

Parkinson’s disease (PD) therapeutic landscape is heavily genericized, leaving substantial unmet needs in neuroprotective and disease-modifying therapies (DMTs). With current treatments largely focused on motor symptoms, the pipeline across the seven major markets (7MM*) highlights a growing emphasis on DMTs and non-motor symptom therapies, signaling a commitment to advancing PD treatments that address the full […]
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