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Following the recent news that India-based apparel brand ITC Wills Lifestyle has launched a new brand identity – WLS – as part of its strategy to go all 100% natural, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, offers her view: “Ethical fashion and sustainable clothing is one trend which is disrupting the entire clothing industry. […]
Caustic Soda capacity in India expected to witness moderate growth by 2022, says GlobalData
India’s Caustic Soda plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 6.1% from 3.751 million tonnes per annum (mtpa) in 2017 to 5.032 mtpa in 2022, according to GlobalData, a leading data and analytics company. The company’s report: ‘Caustic Soda Industry Outlook in India to 2022 – Market Size, […]
Swiggy’s grocery delivery service Stores likely to face stiff competition in India, says GlobalData
Following the recent announcement that Naspers-backed India-based food-delivery start-up Swiggy is foraying into on-demand product deliveries across categories with concierge-like service ‘Swiggy Stores’ in Gurugram, a city just southwest of national capital New Delhi, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “Swiggy, which in December 2018 […]
Offering Merck’s experimental Ebola vaccine to pregnant women is a risky but necessary move, says GlobalData
Following the recent announcement from the WHO that Merck’s experimental Ebola vaccine V920 (rVSV-ZEBOV) will be offered to pregnant women in the Congo for the first time, Paul Jeng, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on vaccine testing during outbreaks: “Until now, pregnant and lactating women have […]
Germany to close all coal-fired power plants by 2038 as renewables becomes leading energy source, says GlobalData
Following the recent announcement by Germany to shut down all its coal fired plants by 2038, Mohit Prasad, Power Analyst at GlobalData, a leading data and analytics company, offers his view on the impact of this decision on the country’s power market “Germany has closed 12 out of 19 nuclear power plants till date meaning […]
Merck’s infant pneumococcal vaccine could threaten Pfizer’s longstanding market dominance, says GlobalData
Following the news that Merck & Co.’s V114 (15-valent pneumococcal conjugate vaccine) received FDA Breakthrough Therapy designation for the prevention of invasive pneumococcal disease in infants, children, and adolescents, Arafa Salam, PhD, Pharma Analyst at GlobalData, offers her view on the impact this will have on Pfizer’s market dominance: “Pfizer currently leads the pneumococcal vaccine […]
Kellogg’s eyes Indian snacks giant Haldiram’s to diversify beyond core breakfast cereal category, says GlobalData
Following the news that breakfast cereal behemoth Kellogg’s is in discussions to buy a 51% stake in two divisions of India-based snack maker Haldiram’s for US$3bn, Sumit Chopra, Consumer Research Director at GlobalData, a leading data and analytics company, offers his views: “Kellogg’s has been scouting for opportunities to foray into the traditional sweets & […]
Romania’s frequent legislative changes provide unstable climate for gas investments
Successive changes to Romania’s regulatory framework governing the oil and gas sector have made for an uncertain investment climate, according to GlobalData, a leading data and analytics company. The company’s latest ‘Romania Upstream Fiscal and Regulatory Report’ provides details of the terms governing oil and gas exploration and production in Romania, including a raft of […]
China to lead global crude distillation unit capacity growth by 2023, says GlobalData
China is expected to lead the global refinery industry in terms of capex as well as crude distillation unit (CDU) capacity additions during the outlook period 2019–2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Global Capacity and Capital Expenditure Outlook for Refineries – China Leads Global Refinery Capex […]
Regulated Asset Base model for financing of nuclear power plants may help arrest the waning investor interest in the nuclear industry in the UK, says GlobalData
Following the UK government’s announcement to consider using the Regulated Asset Base (RAB) financing model for nuclear power plants, after Hitachi’s decision to pull out from the Wylfa Newydd Nuclear Power Plant, Harminder Singh, Power Analyst at GlobalData, a leading data and analytics company, offers his views on the impact of this on the UK’s […]
Major economies set for moderate slowdown in 2019, says GlobalData
Major global economies, including the US, the EU region, Indonesia, Russia and China, are set for a moderate slowdown in 2019 owing to uncertainties related to the protectionist policies advocated by various national governments, lower levels of consumer confidence and high levels of national debts, according to GlobalData, a leading data and analytics company. Financial […]
AI attracts largest number of investors while payments technology commands highest investors-to-idea ratio, finds GlobalData
Among all emerging technologies, artificial intelligence (AI) has attracted the largest number of investors during 2018, according to GlobalData, a leading and data analytics company. With an increasing application of AI technologies across industries, more than 1,900 investors funded 1,000 AI-based companies in 2018. Some of the key funded companies working in the AI space […]
Network operators must leverage edge computing to ensure 5G’s success
Immersive virtual reality (VR), self-driving cars and remote controlled robots are just some of the things telecommunications service providers expect future 5G mobile networks to make possible. However, most large service providers are in agreement that higher bandwidth 5G networks will, by themselves, be insufficient to support these emerging applications. Recent initiatives by large service […]
Asia will drive global economy in 2019, says GlobalData
Asia will drive the global economy in 2019, according to an analysis of 40 major economies based on inflation and GDP growth forecasts by GlobalData, a leading data and analytics company. The company’s analysis categorizes each country by ‘Low’, ‘Moderate’ and ‘High’ GDP growth rate together with ‘High Inflationary Economies’ during the period 2014-2018 (annual […]
The inequality in the provision of Employee Benefits throughout the UK SME landscape creates opportunities for insurers to grow, says GlobalData
The majority of UK SMEs are not offering income protection cover to their entire workforce, with many choosing to only offer protection to management or owners. Given this, insurers which are already providing cover in this space could capitalize by targeting certain industries to increase penetration to all employees by leveraging their existing relationships, according […]
Patient coverage under P4P model for Pfizer’s Ibrance limited in current phase, says GlobalData
Pfizer, in collaboration with Shanghai Branch of PICC Health Insurance and the Shanghai MediTrust Health, launched China’s first pay-for-performance (P4P) model featuring its blockbuster breast cancer drug Ibrance – ‘Bo’ai Xin’an – Patient Benefit Management Program’ – in late January 2019. Against this backdrop, Prashant Khadayate, Pharma Analyst at GlobalData, offers his view on Pfizer’s […]
China’s JinkoSolar leads global solar PV module shipment ranking in 2018, reveals GlobalData
JinkoSolar Holding was the leading company in terms of global solar photovoltaic (PV) module shipments in 2018, according to GlobalData, a leading data and analytics company. JinkoSolar topped the table with 11.6 gigawatts (GW) of PV modules compared to the second ranked JA Solar’s 8.8 GW. Majority of the companies featured in the table are […]
Asia to dominate global refining industry’s capacity and capex by 2023, says GlobalData
Asia is expected to lead the global refining industry, both in terms of capacity as well as capital expenditure (capex), between 2019 and 2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘Global Refining Industry Outlook to 2023 – Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned […]
Chinese companies outpace western counterparts in VC funding in 2018, says GlobalData
Chinese companies have outpaced their western counterparts by value in the top five VC funded companies in the global payments space during 2018, according to GlobalData, a leading and data analytics company. Of the top five, two companies represented China with a combined value of $14.73bn, followed by two American firms with a combined value […]
Kuwait Petroleum leads global new-build regasification capacity additions by 2023, says GlobalData
Global liquefied natural gas (LNG) regasification capacity is expected to grow by 43% between 2019 and 2023, from 45.7 trillion cubic feet (tcf) in 2019 to 65.9 tcf by 2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals – […]