Tag: Market Research

Asia’s demand for Air Purifiers increases as air quality worsens

Decades of rapid industrialisation in Asia as well as a rising prevalence of air-borne diseases across the globe has fuelled the global Air Purifier market. Valued at US$10.6 billion in 2020, it is projected to reach US$20.82 billion by 2026, growing at an annual rate of 14.1% between 2019 and 2026.

APAC Silver Tsunami: Ageing Market worth US$4.56 trillion by 2025

Asia Pacific’s ageing market hit US$3.2 trillion in 2020, and is expected to expand rapidly by 43% in a short span of 5 years. By 2030, 32% of the APAC population will be over 50 years old, and projected to contribute 52% of the total consumer expenditure.

The Changing Appetites of Southeast Asia

Southeast Asia is home to the world’s most prosperous Food and Beverage industry, worth US$300 billion. In the latest Spire Webinar, Spire Deputy CEO Japnit Singh, Upgrown Farming’s Lionel Wong and Thinking Forks’ Rinka Banerjee discuss how rising affluence and COVID-19 accelerated the shift in consumer tastes and preferences.

Asian Flavours gain popularity

Valued at US$15.44 billion in 2020, the global seasoning and spices market growth is expected to reach US$22.46 billion within the next seven years.

Technology and Affluence fuels Food and Beverage Sector in SEA

The Spire Food Trends 2021 study uncovers insights on consumer trends and discusses the outlook of the Food and Beverage (F&B) industry in Southeast Asia (SEA). Join Spire Deputy CEO Japnit Singh as he presents the findings of the study, and provides insights into the F&B industry alongside a panel of industry experts.

SPIRE Deputy CEO & Head of Operations at GATES VIRTUAL CHANNEL SUMMIT

On 18 June 2020, join Spire Deputy CEO, Japnit Singh, and Head of Operations, Ingrid Rix, at the GATES Channel Summit, where leaders of the Consumer Technology Channels Community from 10 Southeast Asian countries will meet to discuss technology trends and growth opportunities.

K-Wave brings K-Goods to the world

As the Korean Wave brought Korean pop music, drama, and celebrities to the global stage, it also helped to export Korea’s consumer lifestyle products such as cosmetics, food and technology. According to the Korean Foundation for International Cultural Exchange (KOFICE), K-Wave exports amounted to US$12.3 billion in 2019, a 22.4% increase from 2018.

Private Security Industry: Opportunities for Digital Transformation

Moderated by Japnit Singh, Deputy CEO of Spire, the webinar discusses the ways technology can bolster the efficiency of the private security industry. Held on 28 Jan 2021, the panel comprised Imran Mohd, Spire research consultant, Ian Stewart, CEO of security software-as-a-service company Security Risk, as well as Josef Gueta, Managing Director of private security company Business Profiles Inc.