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Country Report

Wearable Electronics in

Wearable Electronics in Singapore

Oct 2020

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Falling daily activity levels in lockdown ensure buoyant demand for wearables

Sales of wearables are expected to remain dynamic despite COVID-19, with growth of 14% in 2020 compared to 15% in 2019. With gyms closed, consumers forced to spend more time indoors, and exercise routines decimated, many consumers felt the need to track their new lifestyles, activity levels and general health more closely, which is helping to keep demand for wearables buoyant.

Entry level wearables win out during lockdown

While higher priced items including smart wearables and digital activity watches are set to show a slowing in their otherwise fast growth, there is a revival of interest in entry level products, with activity bands expected to be up by 2% in 2020 after several years of decline. Analogue activity watches will show notably swift growth of 30%, although this dynamic performance represents a slowdown on the previous year where volume sales were up by 36%.

Apple and Garmin continue to lead wearable electronics but new players are staking a claim

Apple continues to lead wearable electronics in 2020 with a share of 19%, thanks to its strong brand equity and high rate of innovative product launches such as the Apple Watch Series 5, launched in September 2019. Garmin takes second place with a share of 11% due to its leadership in activity wearables, where it also benefits from its high level of new product development.

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Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Wearable Electronics industry in Singapore with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Wearable Electronics industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.

The Wearable Electronics in Singapore market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Wearable Electronics in Singapore?
What are the major brands in Singapore?
What is the growth rate for Wearable Electronics in Singapore?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Consumer Electronics market research database.

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Wearable Electronics in Singapore - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Falling daily activity levels in lockdown ensure buoyant demand for wearables

Entry level wearables win out during lockdown

Apple and Garmin continue to lead wearable electronics but new players are staking a claim

RECOVERY AND OPPORTUNITIES

Post-COVID-19 sales growth expected to accelerate

Government takes an active stance in developing wearables market

Competitively priced brands expected to gain share in post-COVID-19 climate

CATEGORY DATA

Table 1 Sales of Wearable Electronics by Category: Volume 2015-2020
Table 2 Sales of Wearable Electronics by Category: Value 2015-2020
Table 3 Sales of Wearable Electronics by Category: % Volume Growth 2015-2020
Table 4 Sales of Wearable Electronics by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Wearable Electronics: % Volume 2016-2020
Table 6 LBN Brand Shares of Wearable Electronics: % Volume 2017-2020
Table 7 Distribution of Wearable Electronics by Channel: % Volume 2015-2020
Table 8 Forecast Sales of Wearable Electronics by Category: Volume 2020-2025
Table 9 Forecast Sales of Wearable Electronics by Category: Value 2020-2025
Table 10 Forecast Sales of Wearable Electronics by Category: % Volume Growth 2020-2025
Table 11 Forecast Sales of Wearable Electronics by Category: % Value Growth 2020-2025

Consumer Electronics in Singapore - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer electronics

COVID-19 country impact

Company response

Retailing shift

What next for consumer electronics?

MARKET DATA

Table 12 Sales of Consumer Electronics by Category: Volume 2015-2020
Table 13 Sales of Consumer Electronics by Category: Value 2015-2020
Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2015-2020
Table 15 Sales of Consumer Electronics by Category: % Value Growth 2015-2020
Table 16 NBO Company Shares of Consumer Electronics: % Volume 2016-2020
Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2017-2020
Table 18 Distribution of Consumer Electronics by Channel: % Volume 2015-2020
Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2020-2025
Table 20 Forecast Sales of Consumer Electronics by Category: Value 2020-2025
Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2020-2025
Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2020-2025

Megatrends

Country Report

Wearable Electronics in Singapore

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Falling daily activity levels in lockdown ensure buoyant demand for wearables

Entry level wearables win out during lockdown

Apple and Garmin continue to lead wearable electronics but new players are staking a claim

Overview

Why buy this report?

Samples (FAQs about samples):

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Table of Contents

Wearable Electronics in Singapore - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Falling daily activity levels in lockdown ensure buoyant demand for wearables

Entry level wearables win out during lockdown

Apple and Garmin continue to lead wearable electronics but new players are staking a claim

RECOVERY AND OPPORTUNITIES

Post-COVID-19 sales growth expected to accelerate

Government takes an active stance in developing wearables market

Competitively priced brands expected to gain share in post-COVID-19 climate

CATEGORY DATA

Consumer Electronics in Singapore - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer electronics

COVID-19 country impact

Company response

Retailing shift

What next for consumer electronics?

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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