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Following today’s news (Friday 3rd of January) that Lidl announced it will remove cartoon characters from own-brand sugary cereals to reinforce a more positive brand image of its own private label among parents; Sara Samedzade-Jagini, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on the announcement: “Lidl’s decision to strip […]
Digital technologies change the way APAC consumers manage their health, says GlobalData
In the ‘information economy’, health-conscious consumers are seeking conveniences that make their health goals easier to reach, often using the Internet and mobile applications. In line with this, companies are embracing technologies such as Artificial Intelligence (AI) and augmented reality to deliver more sophisticated, convenient and personalized experiences to consumers. As a result, guided health […]
APAC brands enhancing products with new and exciting benefits to fulfil needs of demanding consumers, says GlobalData
As consumers are seeking products that meet not only their core expectations but also deliver unexpected, high-valued and exciting benefits (Ordinary to Extraordinary trend), brands in the Asia-Pacific (APAC) region are making every effort to create unique and innovative products to satisfy the requirements of the experimental consumers, says GlobalData, a leading data and analytics […]
Food delivery app Woowa helps Delivery Hero to expand leadership in Asia, says GlobalData
Germany-based Delivery Hero has recently agreed to buy South Korea’s top food delivery app Baedal Minjok operator Woowa Brothers Corp. for about US$4bn. The acquisition is in line with Hero’s strategy to expand leadership in the Asia-Pacific (APAC) region, says GlobalData, a leading data and analytics company. According to GlobalData, hyper-connected and time-scarce consumers seek […]
Major trends impacting evolving beauty landscape in APAC, according to GlobalData
With consumers exploring the latest beauty trends, the beauty and personal care industry in the Asia Pacific (APAC) region has become a trendsetter across various beauty categories. Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, highlights some of the major innovative beauty trends in the APAC region. Customization Consumers in […]
Cosmetic brands in APAC using male celebrities to break gender stereotypes, says GlobalData
With the issue of gender equality becoming more prominent, consumers are increasingly defying traditional gender stereotypes, resulting in growing fluidity between typical gender behaviors and definitions. Against this backdrop, brands in the Asia-Pacific (APAC) region have started to leverage male celebrities as influencers to create brand appeal among the millennials, says GlobalData, a leading data […]
Japan’s beauty industry set to reach US$41.9bn by 2023, says GlobalData
With the sales of Japanese beauty (J-beauty) and grooming products rising exponentially in recent years, brands are making every effort to tap the available opportunities. Against this backdrop, the Japanese cosmetics and toiletries (C&T) market is forecast to grow at a compound annual growth rate (CAGR) of 3.5% from US$35.3bn in 2018 to US$41.9bn in […]
Waterless cosmetics concept drawing attention of APAC consumers, says GlobalData
Waterless beauty concept traces its roots to the South Korean beauty (K-beauty) industry that has been a pioneer in the development of personal care products using oils and botanical extracts without water. As a result, a range of waterless cosmetics have come to the fore in recent years in the Asia-Pacific (APAC) beauty and personal […]
Brands benefitting by catering supplement-infused beauty products to APAC consumers, says GlobalData
With consumers more inclined towards natural beauty/grooming products owing to growing health awareness, the beauty and health and wellness brands in the Asia-Pacific (APAC) region are making cross-collaborations to offer supplement-infused beauty products to the consumers, says GlobalData, a leading data and analytics company. According to GlobalData Consumer Survey Q3 2019, 87% and 86% consumers […]
57% consumers in APAC highly ingredient-attentive with regards to food and beverages, says GlobalData
Consumers are increasingly demanding for the incorporation of ‘better-for-you’ ingredients into every product they use in their daily lives. With this change in lifestyle owing to the growing consumer awareness of their personal health and wellbeing, 57% consumers in the Asia-Pacific (APAC) region have become natural ingredient-attentive in their food and beverages, says GlobalData, a […]
Millennials and Gen Z taking charge of APAC beauty market, says GlobalData
The millennials and Generation Z (Gen Z) in the Asia-Pacific (APAC) region are showing an increased awareness of environmental elements and pollutants with regards to beauty brands, demanding for more ‘clean beauty’ products with claims like ‘more close to nature’, ‘vegan’ and ‘cruelty -free’, says GlobalData, a leading data and analytics company. Sumit Chopra, Consumer […]
Clean beauty trend getting attention with 35% APAC consumers looking for cruelty-free beauty products, says GlobalData
With the clean beauty concept starting to open up in the Asia-Pacific (APAC) region lately, multinationals within the cosmetics & toiletries (C&T) industry are revamping their product portfolio with precisely tailored sensory properties and indulgent benefits. Against this backdrop, 35% consumers in APAC are actively looking for products with ‘cruelty-free’ claim while purchasing beauty/grooming products, […]
Plant-based products key discussed theme among influencers during Q3 2019, reveals GlobalData
There was a 21% quarter-on-quarter surge in the number of discussions around ‘plant-based products’ on Twitter among Health & Wellness experts during the third quarter (Q3) of 2019, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Health & Wellness Influencer Platform, which tracks the industry experts and their discussions around […]
39% APAC consumers looking for natural and clean ingredients in beauty products, says GlobalData
Rejecting the idea of incorporation of toxic chemicals, consumers are now looking for natural, unique and clean ingredients in beauty and grooming products. In the Asia-Pacific (APAC) region, 39% consumers proactively seek products that contain only natural ingredients, says GlobalData, a leading data and analytics company. According to GlobalData Consumer Survey Q3 2019, out of […]
Farm-to-fork strategy helped Licious to raise revenues by over 300% in Indian meat industry, says GlobalData
Adoption of ‘product-first’ and farm-to-fork strategy has helped India-based gourmet meat startup Licious to raise its revenues by over 300% and grow daily orders six-fold in the four years since its inception in 2015, says GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘Success Case Study: Licious Meat and Seafood’, Licious capitalized […]
Aging consumers in APAC try authentic and heritage brands, says GlobalData
Strong economic growth in emerging markets in Asia-Pacific (APAC) has empowered older consumers to spend more on new experiences. As a result, brands are targeting aging consumers with new flavors, ingredients, formulations and formats as they are curious to try authentic and heritage products, says GlobalData, a leading data and analytics company. GlobalData’s Consumer 2018 […]
Top clean-beauty trends of APAC beauty industry, according to GlobalData
With consumers exploring the latest clean-beauty trends, the beauty industry has seen explosive growth and undergone a significant transformation over the past decade. Against this backdrop, brands in Asia-Pacific (APAC) are trying to diversify and retool their product offerings to boost their ethical product standards and sustain in the evolving landscape, says GlobalData, a leading […]
Irish wine sector to reach $1.6bn by 2023, says GlobalData
The Irish wine sector is expected to grow from €1.19bn ($1.42bn) in 2018 to reach €1.36bn ($1.6bn) by 2023, with sparkling wines set to be the fastest-growing category between 2018 and 2023 says GlobalData, a leading data and analytics company. GlobalData’s report ‘Ireland Wine’ notes that still wine led the Irish wine sector in 2018, […]
Vegan Galaxy bar will appeal beyond vegans if the taste is right, says GlobalData
Following the news that Mars plans to launch a vegan Galaxy bar; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Mars’s decision to launch a vegan version of its best-selling Galaxy bar in the UK will be a positive move for Mars as it targets millions of consumers […]
Out-of-home space in APAC presents opportunities for brands to target time-pressed consumers, says GlobalData
Majority of the consumers across the Asia-Pacific (APAC) region prefer to visit out-of-home destinations on a regular basis. As a result, the region presents opportunities for brands to target busier and time-starved consumers, says GlobalData, a leading data and analytics company. GlobalData’s 2019 Q3 Consumer Survey reveals that 63% consumers in APAC actively buy products […]