The outlook for the consumer goods market is positive, driven by demographics and economic fundamentals, as real wage growth and the continued popularity of Singapore as a tourist destination will keep aggregate demand stronger over the forecast period. After relatively modest gains in 2013, The Economist Intelligence Unit expects growth in retail sales to accelerate over the forecast period.
We forecast that personal disposable income per head will exceed US$25,900 in 2014, and we expect real GDP to grow by an average of 4.5% a year in 2015-19, in turn increasing average household wealth. Over one-third of households are forecast to earn more than US$150,000 a year by 2019, implying steadily increasing demand for higher-end retail consumer products.
Singapore's population of more than 54m is entirely urban and the most affluent in per-head terms in South-east Asia, with consumer spending per head estimated at US$22,831 in 2014.

Consumer goods and retail report 2

Overview 2

Retail 3

Food and drink 5

Non-food products 8

Industry publishing schedule 12

中国科学技术信息研究所