Consumer

‘Eat Out to Help Out’ marred by confusion and lack of consideration for lower-income consumers, says GlobalData

In a survey by GlobalData, 55% of workers whose financial situation has been affected by COVID-19 said they would need to cut back on the amount they eat out at restaurants*. These consumers may have been enticed by the ‘Eat Out to Help Out’ scheme but instead were treated to confusion and disappointment due to […]

Consumer, Foodservice

Struggling foodservice brands must embrace dark kitchens, says GlobalData

Despite seeing losses in revenue, foodservice outlets have reported that deliveries in several markets are growing. Market leader McDonald’s effectively doubled its deliveries in Australia, for example, to almost 10% of sales. However, without an army of franchisees, smaller, independent operators are unlikely to pull off the same feat, facing a multitude of operational and […]

Consumer, Foodservice

UK customers expected to continue supporting local stores post-COVID-19 as 35% of consumers say it is more important than before, says GlobalData

As high streets in the UK are re-opening, consumers who have been missing their favorite chains such as Starbucks and McDonald’s got the good news that many of these big players will be using the government’s VAT reduction scheme to pass on the savings to the consumer. Consumers who are concerned about finances will be […]

Consumer, Foodservice

UK pubs must find innovative ways to keep consumers entertained in pre-COVID-times, says GlobalData

The re-opening of British pubs this month was a welcome respite for many operators, as the industry is forecast a staggering £10.1bn loss by the end of 2020, according to GlobalData. However, the grand re-opening poses new challenges – how to fill seats? In an industry reliant on close quarters and a buzzing nightlife, operators […]

Consumer, Foodservice

UK pubs and restaurants need to find ways to reassure consumers to offer sensitive data, says GlobalData

Following the UK Government’s guidance that foodservice outlets keep a temporary record of visitors for a period of 21 days, the country’s foodservice businesses are looking for innovative ways to allure consumers back and make them feel safe enough to offer their personal, sensitive data. The UK lockdown has unsurprisingly been damaging to the pubs […]

Business Fundamentals, Consumer

Simpson Thacher & Bartlett and Latham & Watkins were top legal advisers by value and volume in global consumer goods sector in H1 2020

Simpson Thacher & Bartlett and Latham & Watkins were the top mergers and acquisitions (M&A) legal advisers in the global consumer goods sector in the first half (H1) of 2020 based on deal value and volume, respectively. Simpson Thacher & Bartlett advised on 11 deals worth US$18.5bn, which was the highest among all the advisers. […]

Consumer

Craft beer can weather COVID-19 in India by incorporating immunity-boosting ingredients, says GlobalData

Due to the effects of the COVID-19 outbreak, the 2023 forecast for the beer and cider category in India has been revised down from $12.9bn to $10.7bn – a devaluation of $2.2bn. As manufacturers across food and beverage categories in the country are already introducing products with ‘immunity-boosting’ properties, Indian craft beer brands should add […]

Business Fundamentals, Consumer

Citi and PwC were top financial advisers by value and volume in global consumer goods sector in H1 2020

Citi and PwC were noted to be the top mergers and acquisitions (M&A) financial advisers in the global consumer goods sector in the first half (H1) of 2020, based on deal value and volume, respectively. Citi advised on six deals worth US$16.8bn, which was the highest among all the advisers. Meanwhile, PwC led in volume […]

Consumer

South Korea’s skincare sector to reach US$10.7bn by 2024, says GlobalData

The skincare sector in South Korea is forecast to grow from ₩8.9 trillion (US$7.6bn) in 2019 to ₩12.5 trillion (US$10.7bn) by 2024, recording a compound annual growth rate (CAGR) of 7.0%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘South Korea Skincare – Market Assessment and Forecasts to 2024’ reveals that the facial […]

Consumer

Malaysia’s make-up market to reach US$216.3m by 2024, says GlobalData

The Malaysian make-up sector is projected to grow from RM687.1m (US$164.4m) in 2019 to RM911.7m (US$216.3m) by 2024, with a compound annual growth rate (CAGR) of 5.8%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Malaysia Make-Up – Market Assessment and Forecasts to 2024’ reveals that the sector is majorly driven by growth […]

Consumer, Foodservice

Nestlé’s D2C sales strategy could boost customer loyalty post-COVID-19, says GlobalData

Nestlé’s direct-to-consumer sales strategy, beginning in Spain this week, could be an opportunity for the brand to profit from lockdown and pre-empt future market disruptions, allowing the company to sell its products without the influence of retailer relationships. If the move is successful, other brands may also follow suit as providing convenience during the pandemic […]

Consumer

China’s skincare sector to reach US$42.7bn in 2024, forecasts GlobalData

The skincare sector in China is projected to grow from CNY212.6bn (US$31.2bn) in 2019 to CNY286.7bn (US$42.7bn) in 2024, with a compound annual growth rate (CAGR) of 6.2%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘China Skincare – Market Assessment and Forecasts to 2024’, reveals that the sector is significantly driven by […]

Consumer

Thailand’s make-up sector to reach US$943.4m by 2024, says GlobalData

The make-up sector in Thailand is forecast to grow from ฿21bn (US$667.2m) in 2019 to ฿28.5bn (US$943.4m) by 2024, recording a compound annual growth rate (CAGR) of 6.3%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Thailand Make-Up – Market Assessment and Forecasts to 2024’ reveals that the ‘face make-up’ dominated the Thai […]

Consumer

Cadbury’s smaller-size, same-price announcement won’t fly with consumers’ budgets, says GlobalData

Following the news that some of Cadbury’s multipack chocolate bars will get smaller but costs will stay the same by 2021; Yamina Tsalamlal, Consumer Analyst at GlobalData offers her view: “Following ‘Watergate’, and ‘Deflate-Gate’ comes the latest in the series of ‘-gate’ scandals with ‘Shrinkflation-Gate’. It might seem like a small change from Cadbury’s perspective, […]

Consumer

Make-up market in Australia forecast to grow at 4.6% CAGR over next five years, says GlobalData

The Australian make-up sector is expected to grow from A$1.08bn (US$753.7m) in 2019 to A$1.35bn (US$926.2m) in 2024 at a compound annual growth rate (CAGR) of 4.6%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Australia Make-Up – Market Assessment and Forecasts to 2024’, reveals that ‘face make-up’ was the largest category in […]

Consumer

Thailand’s skincare market is expected to register a CAGR of 6.2% during 2019-24, says GlobalData

The skincare sector in Thailand is expected to grow from ฿80.8bn (US$2.5bn) in 2019 to ฿109.1bn (US$3.6bn) by 2024 with a compounded annual growth rate (CAGR) of 6.2% over the forecast period of 2019-2024, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Thailand Skincare – Market Assessment and Forecasts to 2024’ reveals that […]

Consumer

Thailand’s haircare sector set to grow at 6.1% CAGR during 2019–2024, says GlobalData

The haircare sector in Thailand is forecast to grow from THB38.5bn (US$1,219.2m) in 2019 to THB51.8bn (US$1,712.4m) by 2024, recording a compound annual growth rate (CAGR) of 6.1%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Thailand Haircare – Market Assessment and Forecasts to 2024’, reveals that the shampoo category led the sector […]

Consumer, Foodservice

Passing on VAT savings may offer lifeline to large foodservice players by offering respite to families and promoting ‘affordable luxury’, says GlobalData

Following the news that Starbucks and McDonald’s has promised price reductions after the UK Government’s announcement to cut VAT in the hospitality industry from 20% to 5%; Yamina Tsalamlal, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “To the quarter (23%) of UK consumers saying they are extremely concerned about […]

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Consumer

‘Eat Out to Help Out’ marred by confusion and lack of consideration for lower-income consumers, says GlobalData

Struggling foodservice brands must embrace dark kitchens, says GlobalData

UK customers expected to continue supporting local stores post-COVID-19 as 35% of consumers say it is more important than before, says GlobalData

UK pubs must find innovative ways to keep consumers entertained in pre-COVID-times, says GlobalData

UK pubs and restaurants need to find ways to reassure consumers to offer sensitive data, says GlobalData

Simpson Thacher & Bartlett and Latham & Watkins were top legal advisers by value and volume in global consumer goods sector in H1 2020

Craft beer can weather COVID-19 in India by incorporating immunity-boosting ingredients, says GlobalData

Citi and PwC were top financial advisers by value and volume in global consumer goods sector in H1 2020

South Korea’s skincare sector to reach US$10.7bn by 2024, says GlobalData

Malaysia’s make-up market to reach US$216.3m by 2024, says GlobalData

Nestlé’s D2C sales strategy could boost customer loyalty post-COVID-19, says GlobalData

China’s skincare sector to reach US$42.7bn in 2024, forecasts GlobalData

Thailand’s make-up sector to reach US$943.4m by 2024, says GlobalData

Cadbury’s smaller-size, same-price announcement won’t fly with consumers’ budgets, says GlobalData

Make-up market in Australia forecast to grow at 4.6% CAGR over next five years, says GlobalData

Thailand’s skincare market is expected to register a CAGR of 6.2% during 2019-24, says GlobalData

Thailand’s haircare sector set to grow at 6.1% CAGR during 2019–2024, says GlobalData

Passing on VAT savings may offer lifeline to large foodservice players by offering respite to families and promoting ‘affordable luxury’, says GlobalData

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