MarketLine Blog

Posts written in August 2012

Chinese Movies & Entertainment Market, one of the fastest growing in the world

MarketLine

Reflecting the economic downturn, the movies & entertainment market has performed poorly in recent years. Historically, this market has thought to have been recession-proof: in 1929, after the stock market crash, box office revenues rose by 58.2% compared to the previous year. However, the rise in cinema ticket prices may be accountable for this. Average US ticket prices have been rising since 1992, often at a greater rate than inflation. Production and marketing costs have been pushed up by Hollywood studios’ shift to blockbuster films. The global movies & entertainment… Read more

Growth in the Nuclear Energy Industry Will Continue To Be Driven by Developing Countries

  The global Nuclear energy industry saw a slight decline in 2011 following the response to the Fukushima disaster which has seen several nations, including Japan, move away from investment in nuclear technology. Despite the ongoing financial difficulties that persist across many nations around the world nuclear energy still forms a prominent part of the energy plans of many nations, meaning that the industry will experience major rates of growth in terms of revenue as a result of increasing prices. The global Nuclear Energy industry declined by -1.1% in 2011… Read more

Developing Economies Provide a Source of Growth to the Kitchen Appliances Market

  The global economic slowdown continues to squeeze consumer purchases, but the Kitchen Appliances market continued to grow in 2011, with stalling demand in several significant markets offset by surges in developing economies. Volume levels are also increasing in a similar fashion. The global market expanded by 7.1% in 2011, to reach a value of $157.6 billion, indicating a compound annual growth rate (CAGR) of 4.1% in the period 2007-2011. Growth in this period was primarily driven by Asia-Pacific and the Middle East and Africa, who achieved the largest CAGRs… Read more

Beauty companies remove ethical testing ‘Leaping Bunny’ logo to take advantage of Chinese demand

  In Europe consumer demand, as well as law changes, has seen many companies move away from animal testing on cosmetics products. In the UK, animal testing has been banned since 1998, and an EU ban on the marketing of animal-tested cosmetics is due to roll out next year. However, the Humane Society International (HIS) says that cosmetics company L’Occitane joins French companies Yves Rocher and Caudalie, and American company Mary Kay in being stripped of the internationally recognized Humane Standards certification, an official signifier of ethical and cruelty-free testing… Read more

Asia-Pacific and the Middle East & Africa Drive Growth in Defense Spending

  Defense spending continues to grow in 2011, with developed countries preparing to or already cutting their spending, and developing nations building their military capacity to match their economic power. Regional instability and changing security threats are the main reason for this growth. The global market expanded by 2.7% in 2011, to reach a value of $1.5 trillion, indicating a compound annual growth rate (CAGR) of 6.1% in the period 2007-2011. Personnel numbers declined with a compound annual rate of change (CARC) of- 1.6%, reaching a total of 12.5 million… Read more