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Japan’s soups market to reach US$3.6bn in 2025, forecasts GlobalData

The Japanese soups market is projected to grow at a compound annual growth rate (CAGR) of 3.5% from JPY289.1bn (US$2.7bn) in 2020 to JPY343.1bn (US$3.6bn) in 2025, driven by rising demand for quick and easy-to-prepare food options, says GlobalData, a leading data and analytics company. … Continue Reading

US Ride-Sharing Revenue Projected To Bounce Back in 2021 By 23% – $1.9B; Projected To Reach $3B By 2025

The ride-sharing industry was one of the newest and fastest-growing industries in the world until the Coronavirus pandemic took hold in 2020. … Continue Reading

South Korea’s soups market to reach US$121.7m in 2025, says GlobalData

The South Korean soups market is projected to grow at a compound annual growth rate (CAGR) of 5.7% from KRW108.2bn (US$92.5m) in 2020 to KRW142.7bn (US$121.7m) in 2025, benefiting from busy lifestyles of consumers, says GlobalData, a leading data and analytics company. … Continue Reading

Hong Kong’s card payment market to grow by 4.4% in 2021, forecasts GlobalData

Hong Kong card payments market, which registered subdued growth in 2020 due to the COVID-19 pandemic, is expected to rebound with the gradual economic recovery, rise in consumer spending and the launch of COVID-19 vaccination program and grow at 4.4% to reach HK$1,112.5bn (US$143.5bn) in 2021, forecasts GlobalData, a leading data and analytics company. … Continue Reading

Busy lifestyles to drive Australia’s soups market to US$417.6m in 2025, says GlobalData

The Australian soups market is projected to grow at a compound annual growth rate (CAGR) of 2.5% from A$541.3m (US$376.5m) in 2020 to A$612.6m (US$417.6m) in 2025, benefitting from busy lifestyles of consumers, says GlobalData, a leading data and analytics company. … Continue Reading

Slovenia could be the next trending destination in Europe, says GlobalData

While still a relatively unknown quantity on the international stage, Slovenia holds key attributes needed to become the next trending European destination in post-pandemic travel, says GlobalData, a leading data and analytics company. … Continue Reading

Pent-up Demand Ready to be Unlocked as Travelers Hit the Road to Look for New Experiences

Expedia Group reveals key insights shaping post-pandemic travel decisions, including emerging behaviours on searching and booking to new expectations on transportation and on-property experiences. … Continue Reading

UK domestic tourism set for bumper summer, says GlobalData

With travellers hesitant towards international travel, demand for domestic holidays in the UK looks set to be unleashed. The roadmap for lockdown easing is progressing at speed and UK-based domestic operators are set to benefit, says GlobalData, a leading data and analytics company. … Continue Reading

Mexico’s outbound tourism fell 73% in 2020, according to GlobalData

The COVID-19 pandemic has had a devastating effect on Mexican outbound travel, with the number of trips falling by 73%. … Continue Reading

Deal-making activity in the travel & tourism sector dropped by 34.3% during April 2021, finds GlobalData

A total of 71 deals (comprising mergers & acquisitions (M&A), private equity, and venture financing) were announced in the global travel and tourism sector during April, which is a decline of 34.3% over 108 deals announced in March, according to GlobalData, a leading data and analytics company. … Continue Reading

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