DUBLIN–(BUSINESS WIRE)–The “Singapore B2C 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 2022 Update” report has been added to ResearchAndMarkets.com’s offering.
The Q2 2022 B2C Ecommerce Survey, the market in Singapore is expected to grow by 17.56% on an annual basis to reach US$14,938.4 million in 2022.
Local e-commerce aggregators are entering into strategic partnerships to expand their footprint in global markets
The e-commerce industry has recorded strong growth globally, and the trend is expected to continue from a long-term perspective. Consequently, local e-commerce aggregators are entering into strategic partnerships to expand their footprint in global markets.
E-commerce marketplaces are increasingly partnering with local sellers to boost their transaction value and volume in Singapore
In Singapore, consumers increasingly shopped from local sellers to support the Singaporean economy and businesses during the global pandemic outbreak. Amid this growing trend, e-commerce marketplaces aggressively partnered with local sellers to bring them on board, thereby assisting them in increasing their transaction value and volume. For instance,
In 2021, the e-commerce giant also welcomed more than 24,000 local sellers to participate in the Prime Day event. According to the firm, local sellers that participated in the Prime Day event registered strong sales numbers compared to sales during other months.
E-commerce marketplaces are entering into strategic partnerships with delivery providers to offer Singaporeans with same day product delivery
To gain a competitive edge over other e-commerce marketplaces in Singapore, firms seek to differentiate their service. One of the strategies adopted by the firm includes offering same-day product delivery. For this differentiated offering, e-commerce marketplaces are entering into strategic partnerships with delivery providers to offer consumers same-day product delivery. For instance,
Scope
Singapore B2C Ecommerce Market Size and Future Growth Dynamics
Singapore User Statistics and Ratios of Key Performance Indicators
Singapore B2C Ecommerce Market Share by Key Players
Singapore B2C Ecommerce Market Size and Forecast by B2C Ecommerce Segments (Gross Merchandise Value Trend Analysis, 2017-2026)
Singapore B2C Ecommerce Market Size and Forecast by Retail Shopping Sales Channel
Singapore B2C Ecommerce Market Share by Travel and Hospitality Sales Channel
Singapore B2C Ecommerce Market Size and Forecast by Online Food Service Sales Channel
Singapore B2C Ecommerce Market Size and Forecast by Engagement Model (Gross Merchandise Value Trend Analysis, 2017-2026)
Singapore B2C Ecommerce Market Size and Forecast by Location (Gross Merchandise Value Trend Analysis, 2017-2026)
Singapore B2C Ecommerce Market Size and Forecast by Device (Gross Merchandise Value Trend Analysis, 2017-2026)
Singapore B2C Ecommerce Market Size and Forecast by Operating System
Singapore B2C Ecommerce Market Size and Forecast by City
Singapore B2C Ecommerce Market Size and Forecast by Payment Instrument (Gross Merchandise Value Trend Analysis, 2017-2026)
Singapore B2C Ecommerce Consumer Demographics
Companies Mentioned
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