Singapore

Fashion trends and rising demand for a more favourable price point have led to the popularity of bridge jewellery. There is growing consumer interest and company participation in lab-grown diamonds (LGDs) as a value-conscious, sustainable offering. ...

The personal accessories market in Singapore is set to experience a decline in value sales in 2020 as a result of the COVID-19 pandemic....

Restrictions on travel and the closure of non-essential stores due to COVID-19 are exerting a considerable negative impact on bags and luggage. In this environment, backpacks is proving to be the most resilient category. Demand for backpacks is less ...

A rising interest in high-end watches has contributed to increasing numbers of watch enthusiasts and collectors across all ages in Singapore. Watches’ role as a symbol of status and identity has encouraged consumers to choose traditionally classic ...

COVID-19 and the efforts to prevent the spread of the disease have significantly raised levels of stress and anxiety for many consumers, as well as providing them with the need to find ways to pass considerably more time shut up in their homes. This ...

In 2019, prior to the COVID-19 outbreak, the lowering birth rate in Singapore continued to impact traditional toys and games to the extent that baby and infant and pre-school toys and games were seeing slower and negative growth, respectively. Thus, ...

With a growing number of companies collaborating with tournament organisers, government bodies getting involved and a marked increase in media coverage, Singapore was witnessing a notable rise in investments in e-sports in 2019. In an effort to boost...

Young Singaporean parents view toys as a way to both entertain and educate their children and have shown growing interest in adopting interactive and Science, Technology, Engineering and Mathematics (STEM) toys that help promote their children’s ...

With factories in Asia Pacific the first to feel the impact of the COVID-19 pandemic and closing early in 2020, and restrictions on the operations of retailers, the contact lenses and solutions category in Singapore has suffered significant ...

The closure of non-essential stores and restrictions on the operations of essential outlets, combined with the home seclusion of consumers, have had a marked impact on spectacles sales. Prior to the outbreak of COVID-19, growing awareness about how ...

COVID-19 has caused significant disruption to the eyewear supply chain through the closure of factories and restrictions on the operations of retailers. In combination with enforced home seclusion, this has led to a marked decline in sales of contact...

Prior to the emergence of COVID-19, the development of the sunglasses category was increasingly being influenced by the growing role sunglasses as fashion accessories for younger consumers. However, measures to limit the spread of the pandemic have ...

Singapore’s trade-dependent economy will experience a deep recession in 2020. Domestic activity will be hampered by lockdown measures, meanwhile the external sector will be limited by the global slowdown caused by the pandemic. Investment will also ...

Demand for tobacco products in Singapore is predicted to continue to decline in 2020, in line with trends witnessed at the end of the review period as smoking prevalence amongst the adult smoking population further decreases. Circuit Breaker measures...

Following price increases in 2018 due to tax hikes on tobacco products in Singapore and the point-of-sale display ban that was implemented in August 2017, cigars, cigarillos and smoking tobacco recorded significant volume declines in 2019, although a...

Demand for cigarettes in Singapore continued to gradually decline in 2019, following a series of measures by the government in its attempts to reduce the smoking prevalence amongst the adult population in the country. While price hikes the previous ...

Under the Control of Sale of Tobacco Products in Singapore law, imitation tobacco products such as electronic cigarettes are prohibited. Anyone found guilty of importing, distributing or selling such products is liable to a fine of up to SGD5,000, ...

With increasing media coverage about the potential damage to skin from the sun’s rays and air pollution, consumers are increasingly aware of sun care, increasingly eyeing UV protection with high SPF claims. UV and SPF claims are no longer difficult ...

Sales of hair removers/bleaches continued to decline in current value terms in 2019 as these products continue to be under threat from clinical hair removal services, particularly in view of the rising disposable income among women, enabling them to ...

Although Singapore continues to record a declining birth rate, this often means that parents are willing to spend considerably more on their babies. This does not automatically mean that parents are looking for premium or luxury baby products, often ...