Singapore E-Commerce Logistics Market Outlook to 2026F- Driven by Entry of Home-Grown Players and Developing Logistics Infrastructure
The publication titled “Singapore E-Commerce Logistics Market Outlook to 2026F- Driven by Entry of Home-Grown Players and Developing Logistics Infrastructure” by Ken Researchprovides a comprehensive analysis of the E-Commerce Logistics market of Singapore. The report covers an overview and genesis of the industry, E-Commerce market size in terms of revenue generated, and by Delivery, By Mode of Transportation, and Mode of Payment, etc, trends and developments, technological advancements, government regulations, issues, and challenges. The report finally concludes with a competitive landscape including the competition scenario, cross comparison, market share of major players in the E-Commerce logistics market, company profiles of major players in the E-Commerce market, macroeconomic factors impacting the industry, and analyst recommendations.
Singapore E-Commerce Retail Overview: Singapore ranks 1st in the world for the fastest internet speed. The number of new users since the pandemic is set to increase even further as residents switch to e-commerce platforms for more essential products such as groceries. In 2021, the Singapore government introduced the five-pronged strategy to make it a global and regional e-commerce hub. The country’s internet infrastructure, urbanized population, and rising mobile/broadband penetration rates all point to strong potential for its e-commerce market. Its E-commerce logistics market has been observed in its Growing stages of development, thus growing year on year majorly due to rising E-retailing coupled with an increase in the number of online orders. Expansion in internet services coupled with increasing demand for online logistics services has collectively given a boost to the development of the E-commerce logistics industry in Singapore.
Singapore E-Commerce Logistics Market Segmentation:
By Delivery: The rise in online orders has increased the demand for Last Mile delivery. As customers are demanding same-day deliveries, e-commerce companies have started building warehouses and hubs closer to the city.
By Number of Sourced Orders: The international orders dominate the domestic orders by sourced whereas according to the shipments the domestic orders are more.
By Mode of Transportation: Delivery by Land dominates the Singapore Market. The top e-commerce logistics providers operate majorly within Singapore, for cross-border shipments, globally established players are more sought after.
By Channel: E-Commerce platforms with captive logistics are expanding their warehousing space in order to store products and enable faster last-mile delivery, as a response to increasing consumer demand and the need to lessen reliance on imports
By Mode of Payment: Payment through a prepaid medium like bank transfer, debit, credit, or E-wallets surpasses the payment by cash by a larger extent.
Singapore E-Commerce Logistics Market Competition Scenario: In Singapore, the E-Commerce market is Moderately Consolidated and is home to many E-Commerce companies and logistics services. The industry is witnessing an increasing number of new players and existing players expanding their current level of operations. 3PLs and e-sellers are increasingly investing in automation technology to achieve operational optimization. Additionally, E-Commerce companies are competing on parameters such as the Size of the Shipment, Standard Shipping (Last-Mile) (Euro), Weights, and Weighted Average. Increased technological innovations, expansion of warehousing by major companies, and existing market leaders like Singapore Post, and J&T Express have added more competition parameters in the market.
Singapore E-Commerce Logistics Market Future Outlook: Singapore E-Commerce Logistics market is expected to register a positive CAGR during 2021-2026F owing to an increase in the competition and customer expectations. Various technological Upgradation in Technology such as GPS Monitored Robots, Drones, Driverless Delivery, Inbuilt RFID, GPS, IoT, and telematics are expected to drive the market in logistics which will reduce human intervention and help in cost saving in logistics companies. The growth of e-commerce logistics companies will highly depend on their last-mile delivery model. Aided by local merchant partnerships and growth in digital wallet penetration, the ease of placing orders is expected to rise.
Key Segments Covered
Singapore E-Commerce Logistics Market:
By Source
Domestic Shipments
International Shipments
By Shipment Weight
0-2 KG
2-5 KG
Greater than 5 KG
By Delivery:
Same Day delivery
Next day Delivery
More than 2 days
By Mode of Shipment:
Land
Air & sea
By Payment Mode:
Cash
Others (E-wallet, Debit Card, Credit Card, QR Pay, Bank Transfer)
By Type of Company:
3LP
Captive
By Product Category:
Fashion
Electronics
Furniture
Toys, Hobby and DIY
Food and Personal Care
Key Target Audience
E-Commerce Companies aiming to establish in Singapore
Singapore’ E-Commerce logistics industries
Government Bodies & Regulating Authorities
E-Commerce Industry
Logistics industry
Shipping company
Warehousing Companies
E-Commerce users
Time Period Captured in the Report:
Historical Year: 2017-2021
Base Year: 2021
Forecast Period: 2021– 2026F
Companies Covered:
E-Commerce Logistics Company
DB Schenker Singapore
Singapore Post
DHL Singapore
UPS Singapore
FedEx
UParcel
J&T Express
ABX Logistics
GDEX
Ninja Van
Lalamove
Quantium Solutions
E-Commerce Companies
Lazada
Zalora
ASOS
Qoo10
Shopee
HipVan
EZBuy
Journey East
FairPrice
Kmart
Sephora
Key Topics Covered in the Report
Singapore E-Commerce Retail Overview, 2021
Ecosystem of Singapore E-Commerce Market
Singapore E-Commerce Logistics Market Overview and Genesis, 2021
Singapore’s E-Commerce Logistics Market Ecosystem
Timeline, Industry Cycle and, Operating model of Singapore’s E-commerce Logistics Market
Singapore E-Commerce Logistics Market Sizing, 2017-2021
Singapore E-commerce Logistics Market Segmentation (by Delivery, Market by International and Domestic, By Mode of Transportation, by Channel, by Mode of Payment), 2021
Singapore E-Commerce Warehousing Overview, 2021
Competition Landscape of Singapore E-Commerce Logistics Market
SWOT Analysis of Singapore E-Commerce Logistics Market
Growth Drivers of Singapore E-Commerce Logistics Market
Challenges and Restraints of the Singapore E-Commerce Logistics Market
Government Regulations of the Singapore E-Commerce Logistics Market
Covid-19 Impact on the Singapore E-Commerce Logistics Market
Future Outlook and Projections for Singapore E-Commerce Logistics Market, 2021-2026
Market Opportunities and Analyst Recommendations
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