Singapore

The COVID-19 pandemic was positive for sales of ready meals in Singapore during 2020 and the uplift seen in sales of ready meals had positive implications for ready meals packaging as well. The main factor supporting rising demand for ready meals was…

Retail demand for processed meat, seafood and alternatives to meat marginally increased in 2023, following a slight drop the previous year when demand was affected by high inflationary pressures from supply chain disruptions and geopolitical…

While retail unit volumes of processed meat and seafood packaging recorded a marginal decline in 2022 compared to the highs of 2020, following the emergence of the pandemic and prolonged home seclusion, they remained higher than 2019 levels.

Following a surge in demand for processed fruit and vegetables during the pandemic in Singapore, thereby boosting packaging, as local consumers looked to stock up on shelf stable essentials to avoid regular visits to grocery stores, retail unit…

Processed fruit and vegetables only recorded marginal retail volume growth in 2023, following a dip in 2022 due to rising unit prices, which saw consumers switching to fresh fruit and vegetables. The inevitable price hikes diminished the cost…

In Singapore, premium beauty and personal care maintained solid current value growth in 2023, with premium fragrances and premium skin care standing out as the primary drivers of actual value growth, and remaining the largest categories overall. This…

Value sales of premium and luxury cars rose by 8% to total SGD4.5 billion in 2023, as higher-income consumers chose to buy a new luxury car, showing resilience in the face of macroeconomic headwinds. Wealth determines the degree of demand that exists…

EZ-link, the leading open-looped pre-paid card in Singapore, has significantly benefited from the resumption of regional travel. Not only has EZ-link gained traction among tourists visiting Singapore, who find it a convenient payment solution for…

Following the exit of portable media players from Singapore in 2022, wireless speakers is the only product category to drive demand for portable players in 2023. The convenience and ease of use make wireless speakers a popular device in the local…

Value sales of shoe polish experienced a marginal increase in 2023, attributed in part to the occurrence of more military exercises in Singapore. This uptick can be linked to the specific needs and preferences within the military community, as well…