PROSPECTS AND OPPORTUNITIES
Wound care will continue to see solid growth, driven by health-conscious lifestyles
Wound care in Singapore is projected to continue its growth trajectory over the forecast period, with volume sales anticipated to surpass pre-pandemic levels by 2027. This growth will be largely driven by an increasingly health-conscious population that prioritises physical activity and fitness.
Technological advancements will fuel category expansion
The field of advanced wound care is rapidly evolving, thanks to technological innovations. One notable breakthrough is VeCare, developed by researchers from the National University of Singapore (NUS).
Market will remain dominated by basic products
Despite advancements in wound care, the current market in Singapore is still heavily driven by basic products due to their affordability. With the high cost of living leading to increased price sensitivity among consumers, advanced wound care products have faced slower adoption.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Wound Care industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Wound Care industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Wound Care in Singapore report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Wound Care in Singapore?
- Which are the leading brands in Wound Care in Singapore?
- How are products distributed in Wound Care in Singapore?
- How has the regulatory and operating environment for Wound Care changed in Singapore?
- How are considerations such as stress, self-medication and shifting consumer lifestyles shaping demand for Wound Care
- How significant are wider health concerns and consumer awareness in determining sales?
- Where is future growth expected to be most dynamic?
Wound Care in Singapore - Category analysis
KEY DATA FINDINGS
Growing interest in exercise among Singaporean professionals drives wound care demand
Market is characterised by polarised demands, with private label gaining traction
Wound care products are positioned as convenient add-ons in retail e-commerce
Wound care will continue to see solid growth, driven by health-conscious lifestyles
Technological advancements will fuel category expansion
Market will remain dominated by basic products
Consumer Health in Singapore - Industry Overview
Consumer health in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer health?
OTC registration and classification
Vitamins and dietary supplements registration and classification
Self-medication/self-care and preventive medicine
Switches
DISCLAIMER
DEFINITIONS
The following categories and subcategories are included:
Wound Care
- First Aid Kits
- Gauze, Tape and Other Wound Care
- Sticking Plasters/Adhesive Bandages
Wound Care
This is the aggregation of sticking plasters/adhesive bandages, first aid kits, and gauze, tape, and other wound care. Exclude products that prevent foot blisters and anti-scarring only variants.
See all of our definitionsWhy 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 report originates from Passport, our Wound Care research and analysis database.
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 extraction Free!