GlobalData
GlobalData

Consumer

Australian haircare sector to reach US$932.2m by 2024, says GlobalData

The haircare sector in Australia is forecast to grow from A$1,130.3m (US$786.2m) in 2019 to A$1,367.4m (US$932.2m) by 2024, recording a compound annual growth rate (CAGR) of 3.9%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Australia Haircare – Market Assessment and Forecasts to 2024’, reveals that the shampoo category led the sector […]
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Indian skincare market to reach US$3.8bn by 2024, says GlobalData

The Indian skincare sector is expected to grow from INR178.8bn (US$2.5bn) in 2019 to INR294bn (US$3.8bn) by 2024, at a compound annual growth rate (CAGR) of 10.5%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘India Skincare – Market Assessment and Forecasts to 2024’, reveals that the sector is majorly driven by growth […]
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Chinese haircare sector to reach US$14.2bn by 2024, says GlobalData

The haircare sector in China is forecast to grow from C¥77.9bn (US$11.4bn) in 2019 to C¥95.6bn (US$14.2bn) by 2024, recording a compound annual growth rate (CAGR) of 4.2%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘China Haircare – Market Assessment and Forecasts to 2024’, reveals that the shampoo category led the sector […]
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Beverage manufacturers exploring ready-to-drink category in India amid COVID-19, says GlobalData

Amidst the COVID-19 pandemic, the beverage industry has witnessed a significant shift in the purchasing preferences of consumers in India, with steady rise and strong inclination towards ready-to-drink (RTD) beverages. This shift has encouraged the beverage manufacturers to re-evaluate their innovation strategies and explore options to diversify their portfolios, says GlobalData, a leading data and […]
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Uncertainty during COVID-19 drives demand for immunity-boosting dietary supplements, says GlobalData

Ongoing research around protective immunity against COVID-19 has not yet helped to define ways of how the public can protect themselves from the illness, minimize the symptoms, and avoid re-infection. Consumers feel overwhelmed by the contradictive information on vaccines, testing and antibodies, leading to increased demand for products with immunity-boosting claims, says GlobalData, a leading […]
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Wellness has taken new meaning amidst COVID-19 pandemic, says GlobalData

With people across the world staying at home for protracted periods in a bid to contain the COVID-19 pandemic, at-home wellness trends are gaining traction. Hence, brands need to communicate efficacy, make evidence-based claims, enhance convenience and establish trust in this uncertain times, says GlobalData, a leading data and analytics company. Sumit Chopra, Consumer Research […]
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Adoption of Virtual Makeup testing will accelerate post-COVID-19

A total 48% of consumers are now concerned about the safety of product packaging during the pandemic period, according to GlobalData’s COVID-19 Weekly Tracker Survey, published on 3 June. As Australia gets a glimpse of what the post-pandemic retail experience will entail, personal care shoppers in particular are likely to notice the difference. In order […]
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COVID-19 presents opportunities for naturally-based fruit and vegetable disinfectants in India, says GlobalData

COVID-19 offers fast moving consumer goods (FMCG) companies an opportunity to develop hygiene products that address specific consumer concerns. One category rarely acknowledged during pre-COVID-19 times but now presents an opportunity is naturally-based disinfectants for fruits and vegetables in India, according to GlobalData, a leading data and analytics company. Consumers in India usually wash fruits […]
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