Product Code: ETC032927 | 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 | |
Mirrors are reflective surfaces that allow one to view their own reflection or images from objects around them. Mirrors have been used since ancient times for functional, decorative and spiritual purposes. In modern times, mirrors have become an essential part of daily life in various settings such as homes, offices, bathrooms and commercial spaces. They can be found in a variety of forms including wall-mounted mirrors, floor-standing mirrors, hand-held mirrors and pocket-sized folding models. The Singapore mirror market has grown significantly over the past few years due to increasing demand from both residential and commercial sectors. Increasing disposable income levels combined with changing lifestyles and preferences have also contributed to the growth of the market in Singapore.
The growing popularity of smart home technology is driving the growth of the Singapore mirror market. Smart home technology allows users to control devices using voice commands or smartphones which gives rise to greater convenience when using products like connected bathroom mirrors equipped with sensors which can detect motion or sound allowing user???s hands free access while grooming themselves such as shaving or applying makeup. Additionally increased availability of customised options means consumers now have a wider range of choices when it comes to selecting designs for their mirrored surfaces providing more flexibility than ever before when designing interiors at homes and other locations.Furthermore rising trends towards minimalistic design aesthetics has led homeowners looking for simple yet stylish solutions resulting in higher demand for designer framed wall mounted & full length freestanding models among others.
High cost associated with certain types of mirros may pose a challenge during purchase decisions as different sizes require different amounts materials making them expensive compared some other simpler options thus limiting adoption rates especially amongst budget conscious buyers.Additionally lack awareness about newer technologies being implemented into these products may act as an inhibitor hindering potential consumer base who would otherwise benefit from its features
Major players operating within SINGAPORE MIRROR MARKET include Bathroom City (BC), DBS Mirror Works Pte Ltd.
The Covid 19 pandemic had significant impacts on many industries across singapore, however there was little disruption noted within markets related to Mirrors, this could be attributed partially due its nonessential classification meaning manufactures continued production throughout lockdown periods, another factor is likely low export values associated with these goods as most demands primarily come domestically allowing companies not suffer heavily from supply chain disruptions.
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 Mirrors Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Mirrors Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Mirrors Market - Industry Life Cycle |
3.4 Singapore Mirrors Market - Porter's Five Forces |
3.5 Singapore Mirrors Market Revenues & Volume Share, By Types, 2020 & 2030F |
3.6 Singapore Mirrors Market Revenues & Volume Share, By End-users, 2020 & 2030F |
4 Singapore Mirrors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Mirrors Market Trends |
6 Singapore Mirrors Market, By Types |
6.1 Singapore Mirrors Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Singapore Mirrors Market Revenues & Volume, By Types, 2020-2030F |
6.1.3 Singapore Mirrors Market Revenues & Volume, By Silver Mirror, 2020-2030F |
6.1.4 Singapore Mirrors Market Revenues & Volume, By Plated Mirror, 2020-2030F |
6.1.5 Singapore Mirrors Market Revenues & Volume, By Others, 2020-2030F |
6.2 Singapore Mirrors Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Singapore Mirrors Market Revenues & Volume, By Bathroom, 2020-2030F |
6.2.3 Singapore Mirrors Market Revenues & Volume, By Make-up, 2020-2030F |
6.2.4 Singapore Mirrors Market Revenues & Volume, By Dressing, 2020-2030F |
6.2.5 Singapore Mirrors Market Revenues & Volume, By Decorative, 2020-2030F |
6.2.6 Singapore Mirrors Market Revenues & Volume, By Advertising, 2020-2030F |
6.2.7 Singapore Mirrors Market Revenues & Volume, By Others, 2020-2030F |
7 Singapore Mirrors Market Import-Export Trade Statistics |
7.1 Singapore Mirrors Market Export to Major Countries |
7.2 Singapore Mirrors Market Imports from Major Countries |
8 Singapore Mirrors Market Key Performance Indicators |
9 Singapore Mirrors Market - Opportunity Assessment |
9.1 Singapore Mirrors Market Opportunity Assessment, By Types, 2020 & 2030F |
9.2 Singapore Mirrors Market Opportunity Assessment, By End-users, 2020 & 2030F |
10 Singapore Mirrors Market - Competitive Landscape |
10.1 Singapore Mirrors Market Revenue Share, By Companies, 2023 |
10.2 Singapore Mirrors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |