Fewer babies, smaller market: How Singapore baby-care brands are adapting

🇸🇬 Channel NewsAsia (SG) —
Fewer babies, smaller market: How Singapore baby-care brands are adapting

AI Summary

Singapore’s shrinking baby-care customer base and rising costs are prompting homegrown brands to broaden their products and services and seek growth abroad. The changes reflect pressure on a domestic consumer market shaped by fewer births.

Homegrown brands are widening product ranges, adding services and expanding abroad as costs climb and the domestic customer base shrinks.

Markets Deals Singapore baby-care birth-rate decline consumer market brand expansion rising costs

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