GlobalData
GlobalData

Press Release

Canada’s construction industry set to reach US$304.6bn in 2023, driven by investments in infrastructure

Canada’s construction industry output value was estimated to be US$291.2bn in 2018. This is expected to grow to US$304.6bn in 2023 (measured at constant 2017 US dollar exchange rates), at a compound annual growth rate (CAGR) of 0.90%, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Construction in Canada – Key Trends […]
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Coles targets consumers across healthy eating spectrum with Wellness Road range in Australia

Australian grocery retailer Coles Supermarket has launched a new ‘Wellness Road’ range of foods to give health-conscious customers a more affordable range of nutritious options. By branching out into health foods, Coles is carving out its own health-aligned positioning and communicating to shoppers that it is striving to help Australians improve their diets and live […]
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Gut hormone receptors to retain commercial prominence in obesity pipeline, says GlobalData

The obesity pipeline is robust and contains a high level of diversity in both molecule types and molecular targets, despite the market’s clinical and regulatory challenges. Presently, 41% of products in the obesity pipeline are first-in-class; an indicator of a highly innovative pipeline, according to GlobalData, a leading data and analytics company. The company’s latest report, […]
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EU Funds and Infrastructure push to drive construction in Bulgaria, with total output set to reach US$10.7bn in 2023

Bulgaria’s construction industry growth decelerated to 3.7% in 2018, after growing at 4.4% in 2017. The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 4.40% between 2018 and 2023, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Construction in Bulgaria – Key […]
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Despite Investec’s Click & Invest closure, robo-advice is here to stay, says GlobalData

Following today’s news (16th May 2019) that Investec have closed their robo-advisor Click & Invest, Sergel Woldemichael, Wealth Management Analyst at GlobalData, a leading data and analytics company, offers his view on the closure: ‘‘This latest robo-advisor termination does not mean robo-advice is coming to an end, automated service will become more prevalent in society, […]
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Renewable Power Capacity to increase by 14.7 GW in Argentina during 2019–2030

Renewable power capacity (excluding small hydropower) in Argentina is expected to show a significant growth rate, registering a Compound Annual Growth Rate (CAGR) of 17.8% during 2019-2030. Renewable installations sector will increase by 14.7 GW in order to meet the increasing demand, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Argentina […]
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Auction cancellation and re-tendering of solar PV projects in India point towards need for policy re-thinking, says GlobalData

Recently, the 1 gigawatt (1GW) Gujarat Solar photovoltaic (PV) tender for Dholera Solar Park was undersubscribed by 700 megawatt (MW) and received only two bids for a total of 300MW capacity.  Tarun Bhutani, Power Analyst at GlobalData, a leading data and analytics company, offers his view on the development: “Since 2018, nearly 5GW of solar […]
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The energy storage market is paving the way for next energy revolution, reveals GlobalData

The energy storage market has caught the eye of a number of stakeholders involved in the power industry, leading to its considerable growth and opening the way for next energy revolution, says GlobalData, a leading data and analytics company. GlobalData’s latest thematic report, ‘Thematic Research: Energy Storage’, highlights the present scenario and emerging market trends […]
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Hamleys allows Reliance Retail to compete with global giants in premium toy segment in India, says GlobalData

Following the news that Reliance Brands, a subsidiary of India-based Reliance Industries, has agreed to acquire 100% stake in 259-year-old British toy retailer Hamleys from Hong Kong-listed C.Banner International for US$88.5m,                                                                                            Priyanshu Rana, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Hamleys, which operates 167 toy stores across 18 countries, […]
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Japan’s cosmetics & toiletries set to grow at slower pace between 2018-2023 due to sluggish economy, says GlobalData

Affected by the sluggish GDP growth, the cosmetics & toiletries industry in Japan is anticipated to record a compound annual growth rate (CAGR) of 2.1% from JPY3,874bn (US$35.4bn) in 2018 to JPY4,291.5bn (US$42bn) in 2023, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Country Profile: Cosmetics & Toiletries in Japan’, reveals that skincare […]
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