Singapore Logistics Market will be valued over 40 Bn SGD in 2028. Will Singapore Logistics Market stand on this expected figure? Ken Research

There are about 2,500 freight companies in Singapore with majority of them offering sea and road freight services in the country. Logistics Market in Singapore highly fragmented with highly competitive rivalry among the competitors. . Singapore logistics industry is catered by the domestic and international players and Singapore Post, CWT, YCH group are the top… Read More »

Singapore’s E-Commerce Logistics Market Anticipated to Enhance Supply Chain Transparency and Security Leading to Improved Cost Efficiency: Ken Research

Singapore’s populace includes ~65% of people aged between the age group of 20-64 years, who will drive the future of the e-commerce market. The ‘five-pronged’ infrastructural strategy is aiming to build 2 nationwide 5G networks, enable cross-border Digital Economy Agreements (DEA) and increase local business penetration to make Singapore a global and regional e-commerce hub.… Read More »

Large product assortment and fast and flexible delivery remain the key customer benefits of E-Commerce platforms : Ken Research

1. Advanced payment systems let customers make seamless, one-click purchases online with enhanced security The advent of new payment methods like e-wallets and blockchain provides customers with multiple payment methods on e-commerce platforms. Hassle-free online return policies enable customers to examine products and ship them back to the seller at little to no additional cost.… Read More »

Technology advancement, Cross Border E-commerce, and Increased local penetration by E-Commerce Platforms are some of the key growth drivers of the Singapore e-commerce industry: Ken Research

Driven by the Entry of Home-Grown Players and Developing Logistics Infrastructure, the logistics market in Singapore has ample growth potential in the coming years. Singapore’s luxurious lifestyle and disposable income: Singapore is one of the strongest economies consisting of a rich population, luxurious lifestyle, disposable income, and a variety of options available online. It is… Read More »