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India’s phenol plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 60.2% from 0.074 million tonnes per annum (mtpa) in 2017 to 0.782 mtpa in 2022, according to GlobalData, a leading data and analytics company. The company’s report: ‘Phenol Industry Outlook in India to 2022 – Market Size, Company Share, […]
Amorepacific collaborates with Lazada to accelerate its digital presence in Southeast Asian beauty market
Following the news that Amorepacific, South Korea’s leading beauty brand, has signed a Memorandum of Understanding (MOU) with Southeast Asia’s leading e-commerce platform, Lazada Group, to expand its brand outreach across Southeast Asia, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “With this collaboration, Amorepacific aims to […]
Pret acquires EAT in bid to ‘turbocharge’ its veggie options
Following the news that international sandwich shop chain Pret has bought rivals EAT and plans to turn stores into “Veggie Prets”, Jenny Questier, Senior Consumer Analyst at GlobalData offers her view: “Currently, only four of Prets 400 stores are vegan as they have been developing the concept in London and Manchester since their first vegetarian […]
Predictive maintenance gains greater significance in oil and gas industry, says GlobalData
The importance of predictive maintenance has increased in oil and gas operations against the backdrop of aging infrastructure and volatile crude pricing, according to GlobalData, a leading data and analytics company. The company’s latest thematic report: ‘Predictive Maintenance’ reveals that the adoption of predictive maintenance technologies is helping companies cut back on operational expenditure by […]
Packaging industry will drive polypropylene growth in India over next four years, says GlobalData
Packaging industry, which accounted for a share of 28.8% of the polypropylene demand in India in 2017, is set to drive the country’s polypropylene plant capacity over the next four years, according to GlobalData, a leading data, and analytics company. The company’s report: ‘Polypropylene Industry Outlook in India to 2022 – Market Size, Company Share, […]
Alibaba and Amazon are the semiconductor technology leaders of tomorrow in the ambient commerce space, says GlobalData
Chinese multinational Alibaba and Amazon are among the world’s leading semiconductor companies best placed to succeed in the ambient commerce arena over the next two to five years, says GlobalData, a leading data and analytics company. According to GlobalData, ambient commerce is one of the top ten themes that will impact the semiconductor sector, alongside data […]
Cost-Effectiveness of Spravato can limit its uptake in the MDD market, says GlobalData
Following the approval of Esketamine from the FDA in the US in combination with oral antidepressants earlier this year, Alessio Brunello, Pharma Analyst at GlobalData offers his view on the efficacy of esketamine in treatment-resistant depression: “Spravato (esketamine), developed by J&J, is a nasal spray with a novel mechanism of action that was approved by the […]
Despite Fonterra selling off its Tip Top ice cream to Fronerri, it will continue to be part of the Tip Top story, says GlobalData
New Zealand-based dairy co-operative Fonterra has embarked on an ambitious plan to trim its product portfolio and focus on the international markets. Against this backdrop, the company is selling off its New Zealand ice cream business, Tip Top, to Froneri for US $250.2m, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics […]
India will become net exporter of Purified Terephthalic Acid over next four years, says GlobalData
India is set to become a net exporter of Purified Terephthalic Acid (PTA) over the next four years as exports of PTA are expected to increase at a compound annual growth rate (CAGR) of 48.9% from 0.212 million tonnes per annum (mtpa) in 2017 to 1.552 mtpa in 2022, according to GlobalData, a leading data […]
Purified Terephthalic Acid (PTA) capacity will grow at CAGR of 3.9% in China over the next four years, says GlobalData
China’s Purified Terephthalic Acid (PTA) plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 3.9% from 43.850 million tonnes per annum (mtpa) in 2017 to 53.150 mtpa in 2022, according to GlobalData, a leading data and analytics company. The company’s report: ‘Purified Terephthalic Acid (PTA) Industry Outlook in China to […]
Merck’s Keytruda monotherapy fails to outmanoeuvre Roche in treatment of triple-negative breast cancer, says GlobalData
Following the news that single agent Keytruda has failed to meet its primary endpoint for a benefit in overall survival (OS) for the treatment of triple-negative breast cancer (TNBC), Adam Pearson, PhD, Healthcare Analyst at GlobalData, a leading data and analytics company, offers his view on the future for Keytruda in the treatment of TNBC: […]
Credit cards must offer more consumer benefits as POS lending continues to take market share
With point-of-sale (POS) lending continuing to grow and taking market share from credit card providers they risk losing a significant portion of their business unless more material benefits are offered to consumers to use credit cards, according to GlobalData, a leading data and analytics company. POS lending is the offer of an instant-approval loan that […]
Generic biologic companies are joining hands to ensure early entry to global biosimilars markets, says GlobalData
With rising competition and declining prices, it has increasingly become important for biosimilar manufacturers like Biocon and Mylan to adopt an agile go-to-market strategy by forging global partnerships and collaborations, especially when the biosimilar in focus is none other than the high-value biologic – Humira, says GlobalData, a leading data and analytics company. Biocon recently […]
Taiwan’s traditional strength in ICT and focus on AI to benefit medical device industry, says GlobalData
Taiwan’s medical device industry is leveraging the strength of the country’s information and communications technology (ICT) manufacturing capabilities to overcome challenges and provide better and more accessible care to the elderly population through smaller and portable medical devices, says GlobalData, a leading data and analytics company. The healthcare sector in Taiwan is currently going through […]
Amazon all set to offer class-apart travel experiences for Indian app-users by collaborating with Cleartrip
Following the news that Amazon has formed a partnership with travel portal Cleartrip to launch a domestic flight booking feature through Amazon Pay in India, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “Amazon’s collaboration with Cleartrip to facilitate flight booking services is in line with Amazon’s growing […]
Non-hydro renewable power capacity to show strong growth in Philippines during 2019–2030, says GlobalData
Installed non-hydro renewable power capacity in the Philippines is expected to register a compound annual growth rate (CAGR) of 11.2% between 2018 and 2030 with support from the government, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Philippines Power Market Outlook to 2030, Update 2019 – Market Trends, Regulations, and Competitive […]
Western Europe key destination for gastronomy tourism as 67% of Chinese tourists travel for this reason, says GlobalData
Due to a rich mix of cultures within Western Europe, each individual country is known for specific dishes, or entire cuisines. This attracts Chinese tourists who want a varied gastronomical experience, says GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Destination Market Insights: Western Europe’ reveals that 67% of Chinese tourists typically take […]
Neurotransmission and ion channel targeting programs dominate the pain pipeline, says GlobalData
The pain pipeline is large and contains a high level of diversity of molecular targets, although the level of first-in-class innovation is low when compared to other therapy areas and the industry as a whole. Presently, 23% of products in the pain pipeline are first-in-class, indicating a relatively low level of innovation, according to GlobalData, a […]
Ryanair results are far from disastrous, but company is right to urge caution
Ryanair today announced its results for the financial year ended March 2019. Nick Wyatt, Head of Research and Analysis for Travel & Tourism at GlobalData, a leading data and analytics company, offers his view: “Ryanair’s results shouldn’t come as a huge surprise as the company has issued two profit warnings in the last year. But […]
Exploration opportunities in the Americas increasing in Q2 2019
Licensing opportunities are increasing in the Americas as Brazil, Canada, and the US launch licensing rounds scheduled to close within 2019, according to GlobalData, a leading data and analytics company. Brazil’s Transfer of Rights Production Sharing Round is open and is expected to generate substantial interest, offering significant discovered pre-salt volumes. In addition, Argentina, Brazil, […]