Publication Type

Report

Version

publishedVersion

Publication Date

4-2026

Abstract

Singapore’s population is ageing rapidly, with projections indicating that one in four Singaporeans will be aged 65 and above by 2030 (Iparraguirre, 2019). This demographic shift presents significant opportunities for the Silver economy, which refers to economic activities, products, and services designed to meet the needs of older adults. As the market for products that enhance seniors’ quality of life expands (Wong, 2007), the Silver retail sector, comprising businesses that provide age-friendly goods and services, has become an increasingly important component of this landscape (Colurcio et al., 2022).

Keywords

Well-being, ageing population, senior citizens, ageing-in-place, employment, Singapore

Discipline

Asian Studies | Gerontology

First Page

1

Last Page

17

Publisher

SMU Centre for Research on Successful Ageing

City or Country

Singapore

Embargo Period

5-7-2026

Copyright Owner and License

Singapore Management University

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