How big is the Singapore E-Commerce Market?

The Singapore E-Commerce Market size is expected to reach USD 5.02 billion in 2024 and grow at a CAGR of 11% to reach USD 8.20 billion by 2029. Read More

What is the current Singapore E-Commerce Market size?

In 2024, the Singapore E-Commerce Market size is expected to reach USD 5.02 billion. Read More

Who are the key players in Singapore E-Commerce Market?

Lazada, Shopee, EZbuy, Amazon.com Inc and Sephora are the major companies operating in the Singapore E-Commerce Market. Read More

What years does this Singapore E-Commerce Market cover, and what was the market size in 2023?

In 2023, the Singapore E-Commerce Market size was estimated at USD 4.47 billion. The report covers the Singapore E-Commerce Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Singapore E-Commerce Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Singapore E-Commerce Market Analysis | Growth Forecast, Size & Industry Report

Ecommerce Market in Singapore Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Singapore E-Commerce Market Report is Segmented by B2C E-Commerce (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverage, and Furniture and Home) and B2B E-Commerce. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for the Above Segments.

Singapore E-Commerce Industry Overview

In Singapore, competition in the e-commerce market has increased as the adoption of online sales channels by customers has grown. The market is moderate. An increase aids this growth in internet penetration. Furthermore, brands such as Lazada and Shopee are expanding their reach by providing customer-centric services that enhance customers' online shopping experience.

July 2023 - Amazon Global Selling introduced its inaugural cross-border e-commerce brand launchpad in Singapore, aimed at assisting SMEs in tapping into growth prospects in cross-border e-commerce. The newly established "Singapore Cross-border Brand Launchpad" initiative, created in collaboration with Enterprise Singapore and the Singapore Business Federation, is set to aid more than 100 local Singapore MSMEs in launching and expanding their brands, as well as gaining access to export opportunities in the United States within the next 24 months.