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GlobalData
GlobalData

Consumer

Q-commerce is rapidly emerging as the next big delivery option, says GlobalData

Quick commerce (q-commerce), also commonly referred to as ‘on-demand delivery’ and ‘e-grocery’, is quickly becoming a favorite tool for time-scarce city dwellers. The five main factors driving the rapid rise of q-commerce are busy lifestyles, urbanisation, smaller households, COVID-19, and ageing population, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Q-Commerce […]
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Top Asian beauty brands banking on premium skincare and omnichannel strategies to revive profitability, says GlobalData

With the COVID-19 induced lockdowns, consumers felt little need to apply make-up and maintain their external appearance. However, while staying at home, consumers found more time to pamper their skin to attain naturally healthy skin. This motivated the luxury brands to shift their focus from color cosmetics to premium skincare, and home-based beauty treatments, says […]
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Product personalization to drive Australia make-up market at 3% CAGR through 2025, says GlobalData

Make-up demand in Australia is primarily motivated by minimalistic and personalized products. Subsequently, the market is projected to grow at a compound annual growth rate (CAGR) of 3% from A$1bn (US$0.7bn) in 2020 to A$1.2bn (US$0.9bn) in 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Australia Make-up – Market Assessment and Forecasts […]
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Nestle’s new initiative highlights how upcycling can tackle APAC’s mounting food wastage problem, says GlobalData

Even as governments grapple with the challenges of ensuring long-term food security for millions in the region, the Asia-Pacific (APAC) remains one of the top contributors to the global food waste problem. Nestle Singapore’s recent move to upcycle food byproducts from its factories showcases how corporations can address this crucial issue, says GlobalData, a leading […]
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Pep+ positions PepsiCo ahead of the curve for sustainability goals, says GlobalData

Following PepsiCo’s introduction of Pep+, a policy that aims to improve the company’s agricultural footprint by addressing its packaging processes and greenhouse gas emissions; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers her view: “Pep+ will keep PepsiCo ahead of the competition amid consumers’ ever-increasing demand for sustainability. The policy […]
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Bud Light Next will appeal to third of US population focused on fitness and cutting carbs, according to GlobalData

Following today’s (16 September 2021) news that Anheuser-Busch is launching its first-ever zero-carb beer, Bud Light Next; Khalid Peerbaccus, Senior Researcher at GlobalData, a leading data and analytics company, offers his view: “A beer from a recognized brand like Anheuser-Busch that addresses the demand for fewer carbs will find popularity in a market increasingly driven […]
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Global food prices hike could drive consumers away from restaurant visits and into discount retailers as GlobalData survey confirms that 91% of consumers have a preference for cooking meals at home

Following the news that food inflation is at its highest since the 1970s; Hannah Cleland, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on how this will impact consumer spending: “Higher food prices combined with the ongoing economic impact of the pandemic will inevitably shift consumer spending priorities away from […]
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Crackdown on Wanghong restaurants indicates China’s intent to plug holes in food-safety laws, says GlobalData

Implementing food safety is a challenge in the fragmented Chinese food industry, which is dominated by a plethora of small and medium scale enterprises. As a result, over the years China has periodically been in the news for alarming food-safety violations ranging from melamine-tainted infant milk powder to ‘gutter’ (recycled) cooking oil. The recent crackdown […]
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