| Product Code: ETC9273377 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Singapore external analgesics market, the import trend experienced a decline, with a growth rate of -26.24% from 2023 to 2024. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at -3.66%. This decline may be attributed to shifts in consumer preferences towards alternative pain relief methods or changes in trade policies impacting import volumes.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore External Analgesics Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore External Analgesics Market Revenues & Volume, 2022 & 2032F |
3.3 Singapore External Analgesics Market - Industry Life Cycle |
3.4 Singapore External Analgesics Market - Porter's Five Forces |
3.5 Singapore External Analgesics Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Singapore External Analgesics Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
4 Singapore External Analgesics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of musculoskeletal disorders and sports injuries in Singapore. |
4.2.2 Growing awareness and acceptance of external analgesics for pain relief among the population. |
4.2.3 Rising demand for topical pain relief products due to the aging population in Singapore. |
4.3 Market Restraints |
4.3.1 Stringent regulations and approval processes for external analgesics in Singapore. |
4.3.2 Competition from alternative pain relief methods such as oral medications or physical therapy. |
5 Singapore External Analgesics Market Trends |
6 Singapore External Analgesics Market, By Types |
6.1 Singapore External Analgesics Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Singapore External Analgesics Market Revenues & Volume, By Product, 2022-2032F |
6.1.3 Singapore External Analgesics Market Revenues & Volume, By Hot/Cold Products, 2022-2032F |
6.1.4 Singapore External Analgesics Market Revenues & Volume, By Disposable, 2022-2032F |
6.1.5 Singapore External Analgesics Market Revenues & Volume, By Non-Disposable, 2022-2032F |
6.1.6 Singapore External Analgesics Market Revenues & Volume, By Kinesiology Tape, 2022-2032F |
6.1.7 Singapore External Analgesics Market Revenues & Volume, By Heating Pads, 2022-2032F |
6.1.8 Singapore External Analgesics Market Revenues & Volume, By TENS Devices, 2022-2032F |
6.2 Singapore External Analgesics Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Singapore External Analgesics Market Revenues & Volume, By Retail/Brick & Mortar, 2022-2032F |
6.2.3 Singapore External Analgesics Market Revenues & Volume, By E-Commerce, 2022-2032F |
6.2.4 Singapore External Analgesics Market Revenues & Volume, By Others, 2022-2032F |
7 Singapore External Analgesics Market Import-Export Trade Statistics |
7.1 Singapore External Analgesics Market Export to Major Countries |
7.2 Singapore External Analgesics Market Imports from Major Countries |
8 Singapore External Analgesics Market Key Performance Indicators |
8.1 Number of new product launches and innovations in the external analgesics market in Singapore. |
8.2 Growth in the distribution channels for external analgesics, such as pharmacies and online retailers. |
8.3 Consumer satisfaction and repeat purchase rates for external analgesic products in Singapore. |
8.4 Adoption rates of external analgesics among different age groups and demographics in Singapore. |
9 Singapore External Analgesics Market - Opportunity Assessment |
9.1 Singapore External Analgesics Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Singapore External Analgesics Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
10 Singapore External Analgesics Market - Competitive Landscape |
10.1 Singapore External Analgesics Market Revenue Share, By Companies, 2025 |
10.2 Singapore External Analgesics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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