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Singapore's funeral industry thrives, with a rising demand for garlands due to its aging population.
Singapore's funeral industry is thriving due to an aging population, with demand for funeral garlands rising 10-15% over the past five to six years.
R. Jayaselvam, a local garland maker, reports that 60% of his garlands are now used for funerals.
By 2030, one in four Singaporeans will be aged 65 or older, contributing to a 40% increase in citizen deaths from 2014 to 2023.
This trend is boosting various funeral-related services and products.
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La industria funeraria de Singapur prospera, con una creciente demanda de guirnaldas debido a su población envejecida.