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The Indonesian skincare sector is expected to grow from Rp24.1t trillion (US$1.69bn) in 2019 to Rp37.1 trillion (US$2.5bn) by 2024, recording a compounded annual growth rate (CAGR) of 9.0%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Indonesia Skincare – Market Assessment and Forecasts to 2024’ reveals that ‘Facial care’ was the largest […]
Japan’s skincare sector is forecast to reach US$22.2bn by 2024, says GlobalData
The Japanese skincare sector is expected to grow from J¥1.9bn (US$17.6bn) in 2019 to J¥2.11bn (US$22.2bn) by 2024 growing at a compound annual growth rate (CAGR) of 2.1%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Japan Skincare – Market Assessment and Forecasts to 2024’, reveals that ‘facial care’ category led the sector […]
Philippines make-up sector is expected to reach US$263.2m by 2024, says GlobalData
The make-up sector in the Philippines is expected to grow from ₱10.5bn (US$200.4m) in 2019 to ₱14.1bn (US$263.2m) by 2024, recording a compound annual growth rate (CAGR) of 6.2%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Philippines Make-Up – Market Assessment and Forecasts to 2024’ reveals that the sector growth is driven […]
Philippines haircare sector set to reach US$1,194.3m in 2024, says GlobalData
The haircare sector in the Philippines is forecast to grow from PHP53.3bn (US$1,021.8m) in 2019 to PHP64.1bn (US$1,194.3m) in 2024, recording a compound annual growth rate (CAGR) of 3.8%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Philippines Haircare – Market Assessment and Forecasts to 2024’, reveals that the shampoo is the largest […]
South Korea’s haircare sector to reach US$1,413.2m in 2024, says GlobalData
The haircare sector in South Korea is forecast to grow from ₩1,396.9bn (US$1,194.3m) in 2019 to ₩1,656.3bn (US$1,413.2m) in 2024, recording a compound annual growth rate (CAGR) of 3.5%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘South Korea Haircare – Market Assessment and Forecasts to 2024’, reveals that the shampoo category led […]
Indonesia’s make-up sector to reach US$634m in 2024, says GlobalData
The make-up sector in Indonesia is forecast to grow from IDR6.84 trillion (US$482.9m) in 2019 to IDR9.38 trillion (US$634m) in 2024, recording a compound annual growth rate (CAGR) of 6.5%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Indonesia Make-Up – Market Assessment and Forecasts to 2024’, reveals that the lip make-up was […]
Make-up sector in Japan to reach US$7.17bn in 2024, says GlobalData
The Japan’s make-up sector is forecast to grow from JPY622.9bn (US$5.73bn) in 2019 to JPY684.2bn (US$7.17bn) by 2024, recording a compound annual growth rate (CAGR) of 1.9%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Japan Make-Up – Market Assessment and Forecasts to 2024’, reveals that the ‘face make-up’ was the largest category […]
Malaysian haircare sector is expected to grow at a CAGR of 5.0% during 2019–2024, says GlobalData
The haircare sector in Malaysia is forecast to grow from RM1,125.1m (US$269.2m) in 2019 to RM1,437.7m (US$341m) by 2024, recording a compound annual growth rate (CAGR) of 5.0%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Malaysia Haircare – Market Assessment and Forecasts to 2024’ reveals that the Shampoo category led the sector […]
Japan’s haircare sector to reach US$6.8bn by 2024, says GlobalData
The haircare sector in Japan is forecast to grow from J¥609.6bn (US$5.6bn) in 2019 to J¥650.8bn (US$6.8bn), recording a compound annual growth rate (CAGR) of 1.3%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Japan Haircare – Market Assessment and Forecasts to 2024’ reveals that the shampoo is the largest category in value […]
Philippines skincare sector to reach US$1.3bn in 2024, forecasts GlobalData
The skincare sector in the Philippines is forecast to grow from PHP50.9bn (US$975mn) in 2019 to PHP70.5bn (US$1.3bn) in 2024, recording a compound annual growth rate (CAGR) of 6.7%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Philippines Skincare – Market Assessment and Forecasts to 2024’, reveals that the facial care category led […]
Australian skincare sector to reach US$1.49bn registering a CAGR of 4.3% by 2024, says GlobalData
The Australian skincare sector is forecast to grow from A$1.77bn (US$1.23bn) in 2019 to A$2.2bn (US$1.49bn) by 2024, recording a compound annual growth rate (CAGR) of 4.3%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Australia Skincare – Market Assessment and Forecasts to 2024’ reveals that the ‘facial care’ was the largest category […]
Indian make-up sector is expected to reach US$2.09bn by 2024, says GlobalData
The make-up sector in India is expected to grow from INR88.8bn (US$1.26bn) in 2019 to INR161.3bn (US$2.09bn) by 2024, recording a compounded annual growth rate (CAGR) of 12.7%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘India Make-Up – Market Assessment and Forecasts to 2024’ reveals that ‘lip make-up’ was the largest category […]
Malaysia’s skincare sector is expected to reach US$612.9m by 2024, says GlobalData
The Malaysian skincare sector is expected to grow from RM1.96bn (US$469.8m) in 2019 to RM2.58bn (US$612.9m) by 2024, recording a compound annual growth rate (CAGR) of 5.6%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Malaysia Skincare – Market Assessment and Forecasts to 2024’ reveals that the sector growth is primarily driven by […]
COVID-19 is double-edged sword for CBD-containing product launches, says GlobalData
Recent launches of products containing cannabidiol (CBD) are well aligned with the consumer health and wellness trends that are developing in response to COVID-19. However, the potential growth of these products is slowed by consumer’s distrust of the unfamiliar, according to GlobalData, a leading data and analytics company. Health and wellness has consistently been the […]
UK home cooking trends pose a threat to restaurant takeaway and delivery, says GlobalData
COVID-19 has dramatically reshaped the UK’s dining culture. With many consumers adopting a more a home-centric lifestyle, much of the population turned to the kitchen both as a creative outlet and financially viable option for their culinary needs during lockdowns. However, the UK restaurant industry did not see such positive developments and the industry is […]
South Korea’s make-up market set to grow at 6.9% CAGR between 2019-2024, forecasts GlobalData
The make-up market in South Korea is expected to grow from KRW2.12 trillion (US$1.81bn) in 2019 to KRW2.95 trillion (US$2.52bn) by 2024, at a compounded annual growth rate (CAGR) of 6.9% between 2019 and 2024, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘South Korea Make-Up- Market Assessment and Forecasts to 2024’, reveals […]
APAC beauty industry reviews inclusivity and focuses on social issues as market set to reach US$94.4bn by 2024, says GlobalData
The Asia-Pacific (APAC) beauty industry is reviewing its inclusivity and focusing on social issues in response to changing consumer attitudes influenced by recent social movements such as the Black Lives Matter (BLM), according to GlobalData, a leading data and analytics company. Asia-Pacific was the largest and fastest growing beauty market in 2019, dominated by skincare […]
COVID-19 will redefine convenient consumption
The notion of convenience will take on new meaning at mealtimes as cocooning consumers re-evaluate their priorities. Indeed, the once-appealing notion of ‘breakfast on-the-go’ may be rendered irrelevant as consumers make more conscious efforts to stay home and slow down their hectic lifestyles, according to GlobalData, a leading data and analytics company. The company’s report, […]
Indonesia’s haircare market forecast to grow at 7.7% CAGR during 2019–2024, says GlobalData
The haircare market in Indonesia is forecast to grow from Rp17.3 trillion (US$1.2bn) in 2019 to Rp25 trillion (US$1.7bn) in 2024, recording a compound annual growth rate (CAGR) of 7.7%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Indonesia Haircare – Market Assessment and Forecasts to 2024’, reveals that shampoo category led the […]
India’s haircare sector set to grow at 10.2% CAGR during 2019–2024, forecasts GlobalData
The haircare sector in India is forecast to grow from INR308.7bn (US$4.4m) in 2019 to INR501.4bn (US$6.5m) by 2024, recording a compound annual growth rate (CAGR) of 10.2%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘India Haircare – Market Assessment and Forecasts to 2024’, reveals that the conditioner category led the sector […]