Advantages and challenges of Children's indoor playground in Singapore
Singapore is a country that is developing extremely rapidly and is gradually replacing Hong Kong's position as a asian financial center. With the development of the economy, both adults and children have an increasing demand for entertainment. For children, it can be both entertainment and learn as an entertainment venue that can promote healthy growth, we have to mention kids indoor playgrounds.
At the beginning of the development of our company, our key development markets have always been Europe and the United States. However, with the development of Southeast Asia, we began to change and pay attention to the Southeast Asian market, the results proved that our change was very correct. We have not been disappointed in developing the Southeast Asian market. Orders are coming one after another.
Like Malaysia, there are many Chinese in Singapore, which also provides us with great communication convenience in developing the Singapore market, after several years of development, we have exported our children's indoor playground to the following cities in Singapore: Tampines, Jurong, Yishun, Punggol, Paya Lebar, Sengkang toa payoh, some of our customers are dealers, they work with many Shopping malls have cooperation, such as: kallang wave, northpoint, vivo, jewel, toa payoh safra, city square mall, suntec city, great world city, kinex, paya lebar square, united square, vivocity and even changi airport. Beside, restaurants and cafe owner also want to do a best indoor commercial playground for their shops, and parents want to do a fun indoor playground at their home for toddlers. So for customers in Singapore, it is a good idea to continue to develop the indoor playground business.
Although the development is very rapid and the demand is huge, there will also be challenges. I will tell you about the 7 advantages and 4 challenges that my Singaporean customers have given me over the years.
Advantages:
1. Singapore is a highly urbanized country with very limited land. There are not many choices for children to go out and play. Children's Indoor playground can provide children with a place that is not affected by the weather, safe and suitable for playing all year round. So it will be loved by children and parents.
2. Although Singapore’s total population is not large and its fertility rate is not high, family income is relatively high, and the government’s emphasis on increasing the fertility rate helps maintain the number of children, who are the main customers of indoor playgrounds. It can be the continuous development of children's Indoor playground business.
3. In terms of economic growth rate, Singapore has been ahead of the times in recent years, and its development is stable. People's income levels are relatively high, and most parents are willing to spend money on their children's education and entertainment, which ensures the profitability of children's Indoor playground ability.
4. Singapore is an internationally renowned tourist destination. Many young families from all over the world choose to travel to Singapore. Indoor playground for baby can provide entertainment options for traveling families, which also makes the development of childrens indoor playground business in Singapore more prosperous.
5. In Singapore, not only parents of children, but also the entire society attaches great importance to children's education and all-round development, and the government also supports it. Childrens indoor playground are very popular because they can provide facilities and activities that are conducive to children's physical and mental development.
6. In Singapore, the government attaches great importance to public health and safety. A high-standard indoor environment can prevent parents from worrying about the health and safety problems caused by playing to their children.
7. New technologies and creative rides will attract international residents and visitors to Singapore, keeping amusement attractions attractive and competitive in Singapore.
Challenges:
1. Fierce competition: In the Singapore market, there are already many indoor playgrounds, and new entrants need to make their children's indoor playground different to stand out, and provide cheap price ticket, so that they can make money in this business and even open a chain store in the fierce competition.
2. High cost requirements: Although Singaporeans have higher incomes, operating costs such as rent and labor costs in Singapore are also relatively high, which will pose a challenge to the profitability of indoor children's playgrounds.
3. Increased consumer expectations: With the improvement of living standards, Singaporean consumers have higher requirements for the quality of your children's playground equipment than before. This not only requires your indoor playground for kids to be different, but also requires you have good overall indoor playground business running skills, including customer service.
4. Technology and trends update rapidly: In this era, not only in Singapore but also in other countries, the pace of technological innovation is very rapid, and playground owners need to continuously track the latest trends in children's entertainment and education in order to maintain long-term appeal.
click to see HOW TO START AN INDOOR PLAYGROUND BUSINESS AND MAKE IT PROFITABLE?
