1. Market Research
  2. > Internet Business
  3. > E-Commerce Market Trends
  4. > Singapore B2C E-Commerce Market 2017

Singapore B2C E-Commerce Market 2017

  • April 2017
  • -
  • yStats - Global E-Commerce Intelligence
  • -
  • 72 pages

Summary

Table of Contents

Singapore named most developed online retail market in Southeast Asia, but there is still room for growth, reveals yStats.com

Though Singapore has the smallest population in Southeast Asia, their online retail market in 2016 ranked third in the region because of factors like advanced infrastructure, high rates of Internet penetration, and the open customer attitude towards E-Commerce. According to the yStats.com report, over 3 in 4 people in Singapore have an Internet connection and the connection speed placed first in comparison with the five main countries in Southeast Asia. Influenced by cheaper prices in contrast with traditional retail markets and greater access to unavailable items in Singapore from cross-border shopping, a large double-digit share of adult Internet users completed online purchases in 2016.

The yStats.com report reveals that Singapore’s E-Commerce market contains a large share of cross-border imports. Over half of online consumers completed purchases through foreign retailers using platforms like Alibaba and Amazon. No matter whether the purchase came from abroad or not, the overwhelmingly demanded category is fashion items; however the categories with the fastest growth rate in 2017 are expected to be household goods and groceries.

As can be seen from the largest online share of total retail sales, Singapore maintains the most developed E-Commerce market amongst the leading five countries in Southeast Asia, but there is still room to grow, say forecasts cited in the yStats.com report. Singapore’s online retail market is still projected to see double-digit growth rates up to 2025.

For individual Market Report purchases:
1. A “Single User License” means that only one (1) individually named user of an organization shall be entitled to access the report
2. A “Site License” means that up to ten (10) users within a given geographical location (i.e. country) of an organization shall be entitled to access the report
3. A “Global Site License” means that up to ten (10) worldwide users of an organization shall be entitled to access the report
In all cases, the term “organization” refers to the purchaser’s specific company only and excludes any third parties, including affiliates.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Analysis of Key Sectors of BIMSTEC Countries: Agriculture, Banking & Finance, Dairy, Meat, E-Commerce, FMCG, Healthcare, ICT, Manufacturing, Mining, Trade & Logistics, Tourism and Water & Sanitation (2017 - 2022)

Analysis of Key Sectors of BIMSTEC Countries: Agriculture, Banking & Finance, Dairy, Meat, E-Commerce, FMCG, Healthcare, ICT, Manufacturing, Mining, Trade & Logistics, Tourism and Water & Sanitation (2017 - 2022)

  • $ 9000
  • Industry report
  • January 2017
  • by Mordor Intelligence LLP

Analysis of Key Sectors of BIMSTEC Countries with production, consumption, imports and exports, BIMSTEC Countries major sectors, investment in BIMSTEC countries, BIMSTEC Countries investment outlook Description ...

Analysis of Key Sectors of ASEAN Countries: Agriculture, Banking & Finance, Dairy, Meat, E-Commerce, FMCG, Healthcare, ICT, Manufacturing, Mining, Trade & Logistics, Tourism and Water & Sanitation (2017 - 2022)

Analysis of Key Sectors of ASEAN Countries: Agriculture, Banking & Finance, Dairy, Meat, E-Commerce, FMCG, Healthcare, ICT, Manufacturing, Mining, Trade & Logistics, Tourism and Water & Sanitation (2017 - 2022)

  • $ 9000
  • Industry report
  • January 2017
  • by Mordor Intelligence LLP

ASEAN was founded in 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand. Later Brunei, Cambodia, Laos and Myanmar were also added to this economically motivated organization. Its prime ...

Analysis of Key Sectors of “Four Asian Tigers” Countries: Agriculture, Banking & Finance, Dairy, Meat, E-Commerce, FMCG, Healthcare, ICT, Manufacturing, Mining, Trade & Logistics, Tourism and Water & Sanitation (2017 - 2022)

Analysis of Key Sectors of “Four Asian Tigers” Countries: Agriculture, Banking & Finance, Dairy, Meat, E-Commerce, FMCG, Healthcare, ICT, Manufacturing, Mining, Trade & Logistics, Tourism and Water & Sanitation (2017 - 2022)

  • $ 9000
  • Industry report
  • February 2017
  • by Mordor Intelligence LLP

Four Asian Tigers term was used for free and developed economies of Hong Kong, Singapore, South Korea and Taiwan. All the countries maintained their economic growth since 1960’s, fueled by exports and ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.