Posted on

UPS hires for a busy shipping season as holiday logistics and vaccine deliveries gain pace, finds GlobalData

In a market environment redefined by COVID-19 pandemic, logistics companies are hiring employees and preparing for vaccine deliveries to cater to the holiday season’s demand. United Parcel Services (UPS), a key logistics player, is hiring more than 100,000 seasonal employees for the holiday season along with job postings for storage, transportation and distribution of healthcare products including COVID-19 vaccines. Hiring by UPS in the second-half of 2020 accounted for over 60% of the total jobs posted in 2020, finds GlobalData, a leading data and analytics company.
Ajay Thalluri, Business Fundamentals Analyst at GlobalData says: “UPS is hiring and adding more jobs for healthcare …

Read More

Posted on

South Korea’s dairy & soy food market set to reach US$8.1bn by 2024, says GlobalData

The South Korean dairy & soy food sector is projected to grow from ₩8.5 trillion (US$7.3bn) in 2019 to ₩9.5 trillion (US$8.1bn) in 2024 at a compound annual growth rate (CAGR) of 2.2%, says GlobalData, a leading data and analytics company.
GlobalData’s report, ‘South Korea Dairy & Soy Food – Market Assessment and Forecasts to 2024’ reveals that the sector is majorly driven by growth in the butter & spreadable fats category, which is forecast to register the fastest value CAGR of 5.3% during 2019–2024. The category is followed by cheese and cream, which is expected to record CAGRs of 4.1% and 4% respectively during the next five years.

Read More

Posted on

Filipino bakery & cereals market to reach US$1.5bn in 2024, says GlobalData

The Filipino bakery & cereals sector is projected to decline from ₱89.1bn (US$1.7bn) in 2019 to ₱80.4bn (US$1.5bn) in 2024 at a declining compound annual growth rate (CAGR) of 2%, says GlobalData, a leading data and analytics company.
GlobalData’s report, ‘Philippines Bakery & Cereals – Market Assessment and Forecasts to 2024’ reveals that cookies (sweet biscuits) was the largest category in value terms in 2019. However, the bread & rolls category is forecast to register the fastest value growth at a CAGR of 0.1%, during 2019–2024.
Sanchi Agarwal, Consumer Analyst at GlobalData, says: “Rising disposable incomes and increasing urbanization prompted the Filipino consumers to opt for …

Read More

Posted on

Malaysia’s meat market set to reach US$2.3bn in 2024, says GlobalData

The Malaysian meat sector is projected to grow from RM8.1bn (US$1.9bn) in 2019 to RM9.5bn (US$2.3bn) in 2024 at a compound annual growth rate (CAGR) of 3.2%, says GlobalData, a leading data and analytics company.
GlobalData’s report, ‘Malaysia Meat – Market Assessment and Forecasts to 2024’ reveals that the sector is majorly driven by growth in the ambient meat category, which is forecast to register the fastest value CAGR of 4.6% during 2019–2024. The category is followed by frozen meat and chilled raw packaged meat – whole cuts, which are expected to record CAGRs of 4.2% and 3.9% respectively, during the next five years.
Sanchi …

Read More