Product Code: ETC049267 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore is one of the world???s major trading hubs and a leading producer and exporter of glass beads. The Singapore market for glass beads has seen growth in recent years owing to rising demand from the fashion industry, as well as increased interest from traditional jewelry makers looking to incorporate modern materials into their designs. With its convenient access to international markets, an expanding customer base across South-East Asia, and competitive pricing structures, Singapore is set to remain an important player in the global glass bead market over the coming years.
The main drivers behind Singapore growing demand for glass beads are increasing trendiness of costume jewelry pieces among consumers; growing tourism numbers that have led to increased exports of artisanal products; and technological advances in production processes that result in higher quality finished products at competitive prices. Additionally, local businesses have been able to take advantage of incentives offered by government bodies such as Enterprise Singapore and Spring SG which have enabled them compete with larger players on a more even footing. Furthermore, initiatives aimed at educating artisans about sustainable practices are helping promote environmentally friendly methods of manufacturing within this sector.
Despite its potential advantages however there are several challenges facing those operating within this sector including accessing reliable raw material suppliers; lack of skilled labor due to aging population trends; intense competition from other regional markets such China; uncertain economic conditions created by macroeconomic factors beyond anyone???s control (e.g., US-China trade war); high costs associated with compliance regulations imposed on foreign firms entering into the country ETC
Major key players operating within Singapores Glass Bead Market includes companies such as Kwek Hong Pte Ltd, OneCraft Pte Ltd, SJ Jewel Artistry Pte Ltd, Oceane Creationz LLP ETC
The Covid-19 pandemic has had a significant impact on all sectors worldwide - including Singapore glass bead market - resulting both supply chain disruption due interruption caused along different stages & processes involved (raw material procurement, processing & packaging) as well as weaker consumer spending amid widespread job losses & income insecurity experienced globally during this period.To mitigate these impacts, authorities like Enterprise Singapore rolled out multiple types stimulus packages designed help affected businesses keep afloat during these difficult times but ultimately only time will tell how much damage was done long term basis.
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 Glass Beads Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Glass Beads Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Glass Beads Market - Industry Life Cycle |
3.4 Singapore Glass Beads Market - Porter's Five Forces |
3.5 Singapore Glass Beads Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Singapore Glass Beads Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Singapore Glass Beads Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Glass Beads Market Trends |
6 Singapore Glass Beads Market, By Types |
6.1 Singapore Glass Beads Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Glass Beads Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Singapore Glass Beads Market Revenues & Volume, By Soild, 2020-2030F |
6.1.4 Singapore Glass Beads Market Revenues & Volume, By Hollow, 2020-2030F |
6.1.5 Singapore Glass Beads Market Revenues & Volume, By Other, 2020-2030F |
6.2 Singapore Glass Beads Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Glass Beads Market Revenues & Volume, By Reflective meterial, 2020-2030F |
6.2.3 Singapore Glass Beads Market Revenues & Volume, By Industry polishing& meterial, 2020-2030F |
6.2.4 Singapore Glass Beads Market Revenues & Volume, By Thermal insulating meterial, 2020-2030F |
6.2.5 Singapore Glass Beads Market Revenues & Volume, By Other, 2020-2030F |
7 Singapore Glass Beads Market Import-Export Trade Statistics |
7.1 Singapore Glass Beads Market Export to Major Countries |
7.2 Singapore Glass Beads Market Imports from Major Countries |
8 Singapore Glass Beads Market Key Performance Indicators |
9 Singapore Glass Beads Market - Opportunity Assessment |
9.1 Singapore Glass Beads Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Singapore Glass Beads Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Singapore Glass Beads Market - Competitive Landscape |
10.1 Singapore Glass Beads Market Revenue Share, By Companies, 2023 |
10.2 Singapore Glass Beads Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |