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Over half of consumption growth in S'pore to come from those over 60: think-tank

Friday, April 1, 2016 - 05:50

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Those above 60 years old will account for over half of consumption growth in Singapore from 2015 to 2030, suggesting that firms should focus on designing products and services for consumers in that segment to tap future growth.

Singapore

THOSE above 60 years old will account for over half of consumption growth in Singapore from 2015 to 2030, suggesting that firms should focus on designing products and services for consumers in that segment to tap future growth.

A similar trend is seen in other developed

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