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GlobalData
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Consumer

Key innovation trends to watch out for in APAC confectionery sector in 2019, says GlobalData

Rising concerns related to high sugar consumption, artificial ingredients and boredom with regular indulgence are driving consumers to move away from traditional confectionery products, thereby forcing the manufacturers to develop exciting and healthy products, according to GlobalData, a leading data and analytics company. Dharma Teja, Consumer Analyst at GlobalData, highlights the major innovation trends that […]
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British Airways’ 100-year history could help it regain reputation as 89% of UK population are influenced by familiar brands, says GlobalData

British Airways (BA) could face fines of around £8m in compensation pay-outs due to cancelled flights across Heathrow, Gatwick and London City airports in August. This all comes as BA celebrates 100 years since it started flying, with a star-studded advert designed to be ‘a love letter to Britain’ and a retro paint-job for four […]
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Macau casinos contribute significantly to non-alcoholic beverages’ sales, says GlobalData

The casinos in Macau have been contributing significantly to the sales of non-alcoholic beverages categories such as carbonated drinks, energy drinks and even ready-to-drink (RTD) tea although they are primarily into alcoholic beverages across the world, says GlobalData, a leading data and analytics company. Priyanshu Rana, Consumer Analyst at GlobalData says: “Macau, which is popular […]
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35% of consumers more likely to purchase products without any plastic at all compared to goods with recycled plastic, says GlobalData

Consumers’ purchasing choices are influenced by the reduced plastic content of a products packaging. In fact, 35% of consumers were more likely to purchase products without any plastic at all compared to ones with recycled plastic, according to GlobalData, a leading data and analysis company. George Henry, Consumer Analyst at GlobalData, commented: “This provides a […]
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Cosmetics & toiletries industry in Philippines forecast to be worth US$4.2bn in 2023, says GlobalData

Fuelled by increasing disposable income on the back of growing employment levels, the cosmetics & toiletries industry in the Philippines is expected to grow at a compound annual growth rate (CAGR) of 4.9% from ₱180.1bn (US$3.4bn) in 2018 to ₱228.8bn (US$4.2bn) in 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Philippines Cosmetics […]
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Surge in demand of premium products paving way for FMCG brands to engage with wider range of consumers across APAC, says GlobalData

As consumers in Asia-Pacific (APAC) continue to move up the economic ladder, they are shifting their preferences towards more sophisticated products that offer better quality, flavor, taste and health benefits. As a result, FMCG brands are consciously innovating to create unique consumer ‘experiences’ rather than just products that are exclusive and convenience-based, says GlobalData, a […]
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Mexico forecast to increase international arrivals to 2023, but closure of DMO international office slows growth of inbound travelers, says GlobalData

While Mexico continues to grow its international arrivals, the actual compound annual growth rate (CAGR) is set to fall from 8.9% for the period 2016-2019 to 7.1% for 2020-2023 – with the closure of its destination management offices (DMO) contributing to this slowdown, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Tourism […]
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Malaysia’s Cosmetics & Toiletries industry poised for modest value CAGR of 4.2% over 2018–2023, says GlobalData

A steady economic growth driven by strong domestic demand and private consumption is boosting the Malaysia’s Cosmetics & Toiletries industry, which is expected to grow at a compound annual growth rate (CAGR) of 4.2% from RM6.4bn (US$1.6bn) in 2018 to RM7.9bn (US$2.1bn) by 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Country […]
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Product uniqueness and risk free are the most important themes influencing consumer buying behavior in APAC, says GlobalData

Companies are being watchful of various trends that influence consumers’ purchasing behavior to engage with them across several different touch points. Against this back drop, GlobalData, a leading data and analytics company, has identified Health & Wellness, Product Uniqueness, Ethical Products, Digitally Advanced Products, Personalization, Product Aligned with Time and Money Constraints, Trust-worthy/Risk Free and […]
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GlobalData reveals key trends and opportunities in South Korea’s haircare market in 2019

The haircare sector has undergone a significant transformation over the past decade and it continues to evolve. Cosmetics & Toiletries companies are exploring new ways to diversify and retool their product offerings following shifts in consumer attitudes towards natural products, as well as making significant investments to boost ethical standards. Sumit Chopra, Consumer Research Director […]
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BA and Marriott proposed data breach fines ramp up pressure to protect customer data against cyber threats, says GlobalData

The UK Information Commissioner’s Office (ICO) move last week to hit British Airways (BA) and the Marriott hotel group with proposed fines totalling almost £300m for breaking laws protecting consumers’ data is a reminder to companies that they will pay an expensive price if they fail to take cybersecurity seriously. The fines by the ICO […]
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