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GlobalData

Consumer

With Sugar Cosmetics investment LVMH eyes burgeoning cosmetics and toiletries market in India, opines GlobalData

Following the news that India-based omnichannel beauty startup Sugar Cosmetics has closed $50m Series D funding led by the Asia fund of L Catterton, part-owned by luxury house LVMH; Bobby Verghese, Consumer Analyst at GlobalData, offers his view: “LMVH invested in Sugar Cosmetics owing to the startup’s product development capabilities, stellar growth in both online […]
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Sainsbury’s price lock to help maintain loyalty as cash-strapped consumers’ financial concerns return to pandemic peak, says GlobalData

Following today’s news that Sainsbury’s will invest £500 million to tackle the cost-of-living crisis by increasing pay and price locking products until the end of the year; Nidhi Chauhan, Senior Food & Grocery Analyst at GlobalData, a leading data and analytics company, offers her view: “UK retailers are trying to keep up with discounters when […]
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Driven by clean-label and green beauty products, Australian skincare market to surge at 3.5% CAGR through 2026, finds GlobalData

Driven by health, environmental, and ethical concerns, Australian consumers are increasingly shifting their preferences towards ‘clean-label’ and ‘green’ beauty products. Against this backdrop, the Australian skincare market is expected to expand from AUD1.8bn ($1.3bn) in 2021 to AUD2.1bn ($1.6bn) by 2026 at a compound annual growth rate (CAGR) of 3.5% during 2021–2026, says GlobalData, a […]
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Time-saving ready meals that retain value positioning may see an uptick in demand amid cost of living crisis, says GlobalData

A key factor driving the cost of living crisis around the world is the unprecedented rise in energy costs, says GlobalData. The leading data and analytics company notes that as financial pressures worsen, time-saving ready meals that limit meal preparation and cooking times while retaining value positioning may see an uptick in demand. The global […]
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Colgate eyes high online oral care market in APAC with digital-first electric toothbrush launch, says GlobalData

Oral care company Colgate-Palmolive launched a new electric toothbrush exclusively on Shopee Mall, a Southeast Asian eRetail platform, in April 2022. The digital-first product was launched on Colgate’s official store as part of a ‘Super Brand Day’ campaign, solely for the Malaysian, Philippines, Singaporean, Thai, and Vietnamese markets. Colgate launched the innovative toothbrush in selected […]
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Essential oils infused skincare products to gain more traction in Japanese skincare market through 2026, finds GlobalData

Japanese consumers are displaying strong interest in personal care products filled with essential oils. Against this backdrop, the Japan skincare market is projected to grow at a compound annual growth rate (CAGR) of 1.1% from JPY1,882.7bn ($17.1bn) in 2021 to JPY1,985.6bn ($20.5bn) in 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, ‘Japan […]
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Essential oils infused skincare products to gain more traction in Japanese skincare market through 2026, finds GlobalData

Japanese consumers are displaying strong interest in personal care products filled with essential oils. Against this backdrop, the Japan skincare market is projected to grow at a compound annual growth rate (CAGR) of 1.1% from JPY1,882.7bn ($17.1bn) in 2021 to JPY1,985.6bn ($20.5bn) in 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, ‘Japan […]
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Indonesia’s palm oil export ban to severely disrupt FMCG companies’ sales as 60% of people globally feel the financial pinch, says GlobalData

Following the palm oil export ban in Indonesia, Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “As alternative vegetable oils tend to be higher in price, Indonesia’s palm oil export ban will add further obstacles for global manufacturers such as Mondelez and Unilever to keep product prices low. […]
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