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Recent Articles

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GlobalData: Rising image consciousness among Indian consumers draws international celebrity beauty brands such as Kylie Cosmetics to the country; survey finds 31% of Indian respondents say social media is essential in influencing purchase decisions

GlobalData: Time running out for some packaging companies, as EU's Deforestation Regulation is set to take effect by end-2024; companies producing paper/paperboard packaging must ensure the wood used in their products doesn't come from deforested areas

GlobalData: Indonesia’s move to introduce non-halal labeling for cosmetics will help consumers make informed purchase decisions; nation's cosmetics/toiletries industry set to expand at CAGR of 6%-8% in coming years, with skin care being largest sector

Food Allergy Awareness Week runs from May 12-18 to draw attention to innovations to treat food allergies; food allergy market forecast to reach US$2.7B by 2030, grow at a CAGR of 28.8%: GlobalData

GlobalData: Consumer goods companies need to understand risks when choosing to develop AI applications, otherwise sensitive data could be exposed, development costs could outweigh application's benefits, or the project could never get finished

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