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Home » Singapore Ecommerce Market Databook 2023: A $23.5 Billion Market by 2027, with CAGR of 9.47% During 2023-2027
Press Release

Singapore Ecommerce Market Databook 2023: A $23.5 Billion Market by 2027, with CAGR of 9.47% During 2023-2027

By News RoomJanuary 25, 20244 Mins Read
Singapore Ecommerce Market Databook 2023: A .5 Billion Market by 2027, with CAGR of 9.47% During 2023-2027
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Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) — The “Singapore Ecommerce Market Opportunities Databook – 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering.

The E-commerce market in Singapore is expected to grow steadily over the forecast period, recording a CAGR of 9.47% during 2023-2027. The Ecommerce gross merchandise value in the country will increase from US$14.7 billion in 2022 to reach US$23.5 billion by 2027.

This report provides a detailed data centric analysis of Ecommerce market dynamics, covering over 100 KPIs in Singapore. It details market opportunity across key Ecommerce verticals – Retail Shopping, Travel & Hospitality, Online Food Service, Media and Entertainment, Healthcare and Wellness, and Technology Products and Services.

It provides market share by key players across key verticals along with sales channels (Platform to Consumer, Direct to Consumer, Consumer to Consumer). In addition, it provides spending pattern by payment instruments along with a snapshot of consumer behaviour in Singapore.

The report also covers niche trends such as market size by live streaming engagement model and cross border purchases. It also covers ecommerce spend share by operating systems, device (mobile vs desktop) and cities.

In addition, to detailed data-centric analysis, this report provides analyst commentary on key trends, drivers, strategies, and innovations in the Ecommerce industry in Singapore.

Company Coverage:

  • Carousell
  • Lazada
  • Qoo10
  • Shopee
  • Zalora
  • Deliveroo
  • Foodpanda
  • GrabFood
  • Grain
  • WhyQ
  • Agoda
  • CheapOair
  • Comfort Taxi
  • Easybook
  • Wego

Report Scope

This report provides a detailed data-driven look at the Singapore Ecommerce industry, covering various segments and highlighting areas of interest across the verticals in the industry. In addition, it provides a comprehensive understanding of market dynamics and future forecast.

Singapore Ecommerce Market Size and Future Growth Dynamics

  • Gross Merchandise Value Trend Analysis
  • Average Value Per Transaction Trend Analysis
  • Gross Merchandise Volume Trend Analysis

Singapore User Statistics and Ratios of Key Performance Indicators

  • User Statistics
  • Card Abandonment Rate and Product Return Rate
  • Ecommerce Per Capita and GDP Per Capita
  • GDP Per Capita Trend Analysis

Singapore Ecommerce Market Share by Key Players

  • Singapore Retail Shopping Ecommerce Market Share by Key Players (Carousell, Lazada, Qoo10, Shopee, Zalora)
  • Singapore Travel Ecommerce Market Share by Key Players (Agoda, CheapOair, Comfort Taxi, Easybook, Wego)
  • Singapore Food Service Ecommerce Market Share by Key Players (Deliveroo, Food Panda, Grab Food, Grain, WhyQ )

Singapore Ecommerce Market Size and Forecast by Ecommerce Segments (Gross Merchandise Value Trend Analysis, 2018-2027)

  • Retail Shopping (breakdown by clothing, footwear & accessories, health, beauty and personal care, food & beverage, appliances and electronics, home improvement, books, music & video, toys & hobby, auto)
  • Travel and Hospitality (breakdown by air travel, train & bus, taxi service, hotels & resorts)
  • Online Food Service (breakdown by aggregators, direct to consumer)
  • Media and Entertainment (breakdown by streaming services, movies & events, theme parks & gaming)
  • Healthcare and Wellness
  • Technology Products and Services
  • Other segments

Singapore Ecommerce Market Size and Forecast by Retail Shopping Sales Channel

  • Platform to Consumer
  • Direct to Consumer
  • Consumer to Consumer

Singapore Ecommerce Market Share by Travel and Hospitality Sales Channel

  • Market Share by Travel and Hospitality Sales Channel
  • Aggregator App – Gross Merchandise Value Trend Analysis
  • Direct to Consumer – Gross Merchandise Value Trend Analysis

Singapore Ecommerce Market Size and Forecast by Online Food Service Sales Channel

  • Aggregator App
  • Direct to Consumer

Singapore Ecommerce Market Size and Forecast by Engagement Model (Gross Merchandise Value Trend Analysis, 2018-2027)

  • Website Based
  • Live Streaming

Singapore Ecommerce Market Size and Forecast by Location (Gross Merchandise Value Trend Analysis, 2018-2027)

Singapore Ecommerce Market Size and Forecast by Device (Gross Merchandise Value Trend Analysis, 2018-2027)

Singapore Ecommerce Market Size and Forecast by Operating System

  • iOS/macOS
  • Android
  • Other Operating Systems

Singapore Ecommerce Market Size and Forecast by City

Singapore Ecommerce Market Size and Forecast by Payment Instrument (Gross Merchandise Value Trend Analysis, 2018-2027)

  • Credit Card
  • Debit Card
  • Bank Transfer
  • Prepaid Card
  • Digital & Mobile Wallet
  • Cash
  • Other Digital Payment

Singapore Ecommerce Consumer Demographics

  • Market Share by Age Group
  • Market Share by Income Level
  • Market Share by Gender

Key Attributes:

Report Attribute Details
No. of Pages 110
Forecast Period 2023 – 2027
Estimated Market Value (USD) in 2023 $16.38 Billion
Forecasted Market Value (USD) by 2027 $23.52 Billion
Compound Annual Growth Rate 9.4%
Regions Covered Singapore

For more information about this report visit https://www.researchandmarkets.com/r/8z1mk4

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

  • Singaporean Ecommerce Market

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