'Silver economy': The sectors to benefit from an ageing population

Ageing population globally

Ageing is a worldwide phenomenon that will inevitably accelerate in the coming decades, as technological advances help us live longer lives.

While developed countries like Japan and those in Western Europe have been growing old for decades, emerging countries - also known as 'future ageing' populations - are experiencing ageing more intensely. While ageing used to mean experiences and growth expectations started going downhill when entering the retirement stage in the life cycle, ageing has now taken on a new meaning: as longevity and technological advances improve, rising education and affluence allows the elderly to enjoy a higher quality level of life experiences. Eastspring's Gupta: India has a 30-year runway of growth...