Singapore Logistics Market is currently valued at 25 Bn SGD in 2022. Will Singapore continue this growth trajectory in future REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit 1. Growing Demand in Singapore’s E-Commerce Sector The demand in e-commerce sector in Singapore was exponential and the e commerce GMV grew from $2.5 Bn in 2019 to $6.2 Bn in 2022 this paved path for the growth of logistics market. E-commerce companies invested in new technologies and explored new ways to fulfilling the demand in the market. Shopee was the most frequently visited e-commerce site in the fourth quarter of 2021, according to the Price group, with 16.15 Mn monthly online visitors. Shopee is followed by the Singapore-based online retailers Lazada and Amazon with 9.2 and 5.2 million visitors, respectively. Singapore, which has a population of 5.87 million people, is a digitally literate nation with an internet penetration rate of 88.9% and a financial inclusion rate of 97.9%. Additionally, according to the Ministry of Trade and Industry, as of 2021, about 52.3% of all Singaporeans had made an online purchase, indicating an increase in the adoption of e-commerce businesses. The business services sector, which made up about 3.6% of all e-commerce trade in 2019, had the smallest share of the market. 2. Government Assistance to the Logistics Sector Download a Free Sample Report Singapore’s announced the launch of an S$ 18 Mn Supply Chain 4.0 Initiative in 2021. Aims to integrate more technology to assist SMEs. Singapore launched the Singapore Trade Data Exchange (SGTraDex) in mid-2021 and facilitates the secure sharing of data between supply chain ecosystem partners through a common data highway. The ITM is a government-led initiative aimed at driving the transformation and growth of the logistics and supply chain industry in Singapore. The ITM aims to accelerate the adoption of digital technologies, such as automation and artificial intelligence, and to enhance the productivity and competitiveness of the sector. The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. Major Players Mentioned in the Report: Poh Tiong Choon Logistics Limited CWT Pte Ltd. CEVA Logistics Singapore Pte Ltd Geodis Singapore Pte Ltd1 DHL Express (Singapore) Pte Ltd DSV Yusen Logistics (Singapore) Pte Ltd. YCH Group Pte Ltd Yamato Transport (S) Pte Ltd Federal Express (Singapore) Pte Ltd ACW Logistics Pte Ltd Singapore Post Limited Richland Logistics Services Pte Ltd Storbest SSHK Cold Logistics Global Cold Chain Solutions1 ST Logistics Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report: E-commerce Companies Third-Party Logistic Providers Potential Market Entrants Freight Forwarding Companies Warehousing Companies Cold Storage Companies Industry Associations Consulting Agencies Government Bodies & Regulating Authorities Time Period Captured in the Report: Historical Period: 2019-2022 Base Year: 2022 Forecast Period: 2022-2028 For more insights on market intelligence, refer to the link below: – Singapore Logistics Industry Related Reports by Ken Research: – USA Logistics Industry Outlook to 2026 Australia Logistics Market Outlook to 2025 Tags: Airport Seaport Operations Cost Singapore, Alfa Warehousing Market Revenue Singapore, Cargo Output through Singapore Seaports, Challenges in Singapore Logistics Market, Cold Chain Market Singapore, Cold storage services Providers in Singapore, Competitors In Singapore Logistics Market, Contract Logistics Freight Singapore, Contract Logistics Providers in Singapore, Courier Market Singapore, Demand for E-commerce Market in Singapore, Demand of Logistics Services in Singapore, DHL ecommerce Market Share Singapore, DHL forecast financials growth Singapore, DKSH revenue freight business Singapore, Domestic Shipments Players in Singapore, E-Commerce Companies in Singapore, Emerging Companies in Singapore Logistics Market, Express Logistics Market Singapore, Fast cargo Logistics Revenue Growth Singapore, FedEx demands freight services in Singapore, Freight Forwarding Market in Singapore, International Shipments Players in Singapore, Investment in Singapore Logistics Startups Companies, Leading Players in Singapore Logistics Market, Logistics Business in Singapore, Logistics Companies in Singapore, Logistics Companies Singapore, Logistics Cost in Singapore, Logistics Industry, Logistics Industry in Singapore, Logistics Market, Logistics Services in Singapore, Major Players Express Delivery Singapore, Major Players in Singapore Logistics Market, Opportunities in Warehouse Automation Singapore, Parcel Market Singapore, Road Freight Industry Singapore, Royal Cargo Growth Singapore, Singapore 3PL Logistics Market, Singapore Automatic Guided Vehicle market, Singapore Cold Storage Market, Singapore Cold Transport Market, Singapore conveyor system market, Singapore E-Commerce Logistics Market, Singapore Express Delivery Services Growth, Singapore Express Logistics Market, Singapore Fully Automated Warehouse market, Singapore Logistics End Users Industry, Singapore Logistics Industry, Singapore Logistics Market, Singapore Logistics Sector, Singapore Value Added Services Market, Singapore warehouse solution market, Singapore Warehousing Market, Singapore’s Automated Storage System market, Singapore’s Autonomous Maneuverable Robots market, Singapore’s semi-automated Warehouse market, Startups Companies in Singapore Logistics Market, Tech-enabled warehouses In Singapore, Third Party Logistics Singapore, Third-Party Logistic Providers in Singapore, Tiffany Cargo Express market share Singapore, Top Players in Singapore Logistics Market, Transport Infrastructure Singapore, W Express ecommerce Market Share Singapore, Warehousing Companies in Singapore, Warehousing Market Size Singapore, Warehousing Services in Singapore