| Product Code: ETC332127 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Singapore mastic gum market witnessed a notable import trend from 2023 to 2024, with a growth rate of 31.79%. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at 0.3%. This surge in imports can be attributed to evolving consumer preferences and increased demand for mastic gum products in the market.
The mastics gum market in Singapore serves various industries, including food, pharmaceuticals, and cosmetics. Mastic gum, known for its adhesive and therapeutic properties, has found applications in chewing gums, medicinal formulations, and skincare products. Its natural and eco-friendly characteristics appeal to consumers seeking healthier and sustainable alternatives. The market is driven by innovations in product development, aligning with consumer preferences for natural and functional ingredients. As awareness of mastic gum`s benefits grows, the Singapore mastics gum market is poised for expansion.
The Singapore mastics gum market is growing due to its various applications in the food industry, particularly as a natural food ingredient and chewing gum base. Mastic gum offers unique flavors and is often used in confectionery and desserts. Additionally, its potential health benefits, such as digestive aid and anti-inflammatory properties, have boosted its demand in dietary supplements and functional foods. The market is also benefiting from the growing awareness of natural and plant-based ingredients in food products.
The Mastics Gum market confronts challenges associated with changing consumer preferences and competition from sugar-free gum alternatives. Health-conscious consumers may opt for gum with fewer additives and sweeteners. Companies need to adapt by offering healthier and more innovative gum products.
The mastic gum market in Singapore faced disruptions as the food and beverage sector, a major consumer, saw reduced demand during the pandemic. Restaurant closures and changes in consumer behavior impacted the consumption of mastic gum. However, as dining establishments reopen and the food industry adjusts, the market is expected to recover gradually.
The Singapore mastics gum market is characterized by leading manufacturers that supply gum and adhesive solutions for various industries. Major players like Henkel, 3M, and Bostik have a significant presence. They offer a wide range of mastic gums, sealants, and adhesives for construction, automotive, and industrial applications. Their commitment to product quality and innovation positions them as top players in this sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Mastics Gum Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Mastics Gum Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Mastics Gum Market - Industry Life Cycle |
3.4 Singapore Mastics Gum Market - Porter's Five Forces |
3.5 Singapore Mastics Gum Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Singapore Mastics Gum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about oral health and hygiene |
4.2.2 Growing demand for sugar-free and natural ingredient gum products |
4.2.3 Rising disposable income and changing lifestyle leading to higher consumption of confectionery products |
4.3 Market Restraints |
4.3.1 Health concerns related to excessive sugar consumption and artificial ingredients in gum products |
4.3.2 Competition from other confectionery products like chocolates and candies |
4.3.3 Regulatory restrictions on certain ingredients used in gum manufacturing |
5 Singapore Mastics Gum Market Trends |
6 Singapore Mastics Gum Market, By Types |
6.1 Singapore Mastics Gum Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Singapore Mastics Gum Market Revenues & Volume, By End User, 2021-2031F |
6.1.3 Singapore Mastics Gum Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.4 Singapore Mastics Gum Market Revenues & Volume, By Health Supplement, 2021-2031F |
6.1.5 Singapore Mastics Gum Market Revenues & Volume, By Food service, 2021-2031F |
6.1.6 Singapore Mastics Gum Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Mastics Gum Market Import-Export Trade Statistics |
7.1 Singapore Mastics Gum Market Export to Major Countries |
7.2 Singapore Mastics Gum Market Imports from Major Countries |
8 Singapore Mastics Gum Market Key Performance Indicators |
8.1 Consumer satisfaction score with the taste and quality of mastic gum products |
8.2 Number of new product launches in the sugar-free and natural ingredient gum segment |
8.3 Percentage of market share of mastic gum products in the overall confectionery market in Singapore. |
9 Singapore Mastics Gum Market - Opportunity Assessment |
9.1 Singapore Mastics Gum Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Singapore Mastics Gum Market - Competitive Landscape |
10.1 Singapore Mastics Gum Market Revenue Share, By Companies, 2024 |
10.2 Singapore Mastics Gum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |