Singapore

Environmental consciousness and social responsibility have been the hot topics in the last year which trickles down to consumers seeking the same in what they consume. Although it is not prevalent in everyday lives in Singapore yet, a few large ...

Retail location accounts for the highest proportion of value sales in consumer foodservice. This trend is expected to continue over the forecast period. In Singapore, there are a large number of shopping malls, with some just a few minutes walking ...

Specialist coffee and tea shops continues to grow in 2019, driven mainly by specialist coffee outlets. Both chained specialist coffee and tea shops, as well as independent shops saw an increase in the number of outlets. In addition to international ...

With the rising concern over growing non-communicable diseases and obesity levels, the government is pushing initiatives to encourage healthier eating habits through the various grants launched to support companies to produce healthier food products ...

The uncertainty of the world’s economy and changing consumer preferences have led to foodservice operators rushing to re-evaluate their business strategies and adapting to the changing needs. Issues such as operational challenges, steep labour costs,...

The number of self-service cafeterias remained the same in 2019 with only slight growth in current value sales. The concept of self-service cafeterias is not common in Singapore and it is expected to show no significant development over the forecast ...

The global economy is fraught with uncertainty leading to weak consumer sentiment. If the economy in Singapore continues to fare badly, disposable incomes will fall. Consumers are expected to be more conservative in their spending as well. This would...

NTUC FairPrice’s warehouse club continues to record growth in Singapore as consumers are always seeking good deals and ways to save costs. Despite having to pay an annual membership fee, people do acknowledge the advantages of being a member as it ...

Value sales of vending in Singapore experienced healthy growth in 2019 and are expected to show increasing growth over the forecast period as more retailers are exploring this platform. Especially with the government’s efforts towards a cashless ...

The slow economy in Singapore and unanimous consensus of upcoming global recession have prompted homeowners to be more conservative in their spending. Value sales of furniture declined in 2019 and the forecast years are less than optimistic. ...

Supermarkets remains the leading channel in grocery retailing despite experiencing tepid growth in Singapore amidst a poor spending climate in 2019. Local demand was affected negatively as consumers’ sentiment turned bearish because of unfavourable ...

According to Euromonitor International’s Lifestyles Survey 2019, a significant proportion of Singaporeans do not necessarily prefer branded products over non-branded alternatives. Instead, Singaporeans are more likely to buy from brands they trust ...

The ageing population in Singapore has continued to push forth homeshopping sales growth despite being a declining channel in many other countries. Furthermore, the senior population has increasing access to cable TV which hosts various homeshopping ...

Beauty specialists have been performing well in the last few years as they are highly adaptable to consumer trends. The focus on cosmetics has shifted towards skin care products and specialist retailers had no problem fulfilling consumers’ demands. ...

Discounters are not present in Singapore....

Singapore’s retail sales registered a slight decline in 2019 as the economy continues to look gloomy. Besides tourist spending, local spending has softened as well due to weaker consumer sentiment which is expected to linger into the next year. ...

Apparel and footwear specialist retailers continued its downward trend from previous years. This is largely due to contracting tourism receipts in 2019, which had been a key pillar supporting the retail sector, despite growth in international ...

Increasingly, previously e-commerce dominant players are also taking an omnichannel approach to maintain their growth. As Singaporean consumers often still prefer to see, touch or feel items before buying, having a physical presence gives consumers ...

Food and drink e-commerce adoption remains relatively low compared to other product categories in 2019. Grocery shopping via physical stores in Singapore is generally very convenient, due to the high penetration of supermarkets, convenience stores ...

Variety stores continued to record fast growth in Singapore as international players are pushing for expansion and increasing their outlet counts across the island. The channel is expected to experience strong further growth over the forecast period ...