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Emerging trends, product categories and problems for the Silver industry in Southeast Asia

25 March 2020
The Active Age

Emerging trends, product categories and problems for the Silver industry in Southeast Asia

Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights on the opportunities and challenges in the Southeast Asia’s Silver industry with The Active Age.

Across Southeast Asia, the population aged 65 years and above is predicted to double from 2019 to 2035 for some countries. With such a rapidly growing number of seniors, SEA has become a major source of revenues for elder-friendly products and services.

Spire’s research has identified Nursing Homes and Healthcare as the top two categories with the highest potential for new technologies, innovations and business models.

However, despite the growing Silver industry demand, some barriers hinder the diffusion of technology and innovation in these sectors. Spire discussed some of the serious barriers and also shared case studies of Singapore and Thailand to shed light on the trends in the Silver industry in SEA.


Click here for the official coverage on The Active Age website.

For media enquiries, please contact:

Marie Teo
Manager, Group Marketing Communications
Spire Research and Consulting
Phone: (65) 6838 5355
E-mail: marie.teo@spireresearch.com

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