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 Logistics Market is currently valued at 25 Bn SGD in 2022. Will Singapore continue this growth trajectory in future 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… Read More »
Owing To The Growing Demand For Processed Foods Coupled With The Opportunities In Vaccine Transport The Cold Chain Will Witness A Billion-Dollar Growth In The Coming Years: Ken Research Singapore’s Cold Chain Market is in the growing stage, being driven by the change in lifestyle leading to increasing demand for meat products and health care products storage requirements. Major entities in the market are cold storage and cold transport companies that are offering a variety of warehousing and transport services. To Know More about… Read More »
The Singapore Cold Chain Market Is Currently In The Growth Stage Owing To The Rising Household Expenditure On Food Products And Investments In The Healthcare Sector: Ken Research Rising income levels and lifestyle changes are significant factors for the increase in food consumption in Singapore. The country’s cold chain market offers a wealth of growth potential with its projected increase in revenue in the near future. Singapore cold chain market expanded: From 2016 to 2021, the Singapore cold chain market expanded at a… Read More »
