Singapore B2C Ecommerce Market Opportunities Databook 2022: Ecommerce Marketplace Partnerships with Local Sellers Driving Growth – ResearchAndMarkets.com

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 The “Update 2022” report has been added to from ResearchAndMarkets.com offer.

According to the B2C e-commerce survey for the second quarter of 2022, the Singapore market is expected to grow by 17.56% on a yearly basis to reach US$14,938.4 million in 2022.

Local e-commerce aggregators enter into strategic partnerships to expand their presence in global markets

The e-commerce industry has recorded strong growth globally, and the trend is expected to continue in a long-term perspective. Therefore, local e-commerce aggregators enter into strategic partnerships to expand their presence in global markets.

E-commerce marketplaces are increasingly partnering with local sellers to increase the value and volume of their transactions in Singapore

In Singapore, consumers have increasingly purchased from local sellers to support Singapore’s economy and businesses during the global pandemic outbreak. Amid this growing trend, e-commerce marketplaces have aggressively partnered with local sellers to lure them on board, helping them increase the value and volume of their transactions. For instance,

  • In 2020, Amazon Singapore, the e-commerce marketplace, registered more than 12,000 small businesses in the country, all of which also participated in the Prime Day sale for the first time.

In 2021, the e-commerce giant also welcomed over 24,000 local sellers to participate in the Prime Day event. According to the company, local sellers who participated in the Prime Day event recorded strong sales figures compared to sales in other months.

E-commerce marketplaces enter into strategic partnerships with delivery providers to offer Singaporeans same-day product delivery

To gain a competitive edge over other e-commerce marketplaces in Singapore, companies are looking to differentiate their service. One of the strategies adopted by the company is to offer same-day delivery of products. For this differentiated offer, e-commerce marketplaces enter into strategic partnerships with delivery service providers to offer consumers same-day product delivery. For instance,

  • In November 2021, Lazada, one of Singapore’s leading e-commerce marketplaces, announced that the company had entered into a strategic collaboration with Grab to provide same-day delivery services to online shoppers. As of November 2021, the same-day delivery option was available to over 50 Lazada merchants.

Scope

Singapore B2C e-commerce market size and future growth dynamics

  • Gross Commodity Value Trend Analysis

  • Analysis of trends in the average value per transaction

  • Trend Analysis of Gross Merchandise Volume

Singapore User Statistics and Key Performance Indicator Ratios

  • User statistics

  • Card abandonment rate and product return rate

  • B2C e-commerce per capita and GDP per capita

  • GDP per capita trend analysis

Singapore B2C e-commerce market share by major players

  • Singapore e-commerce retail market share by major players (Carousell, Lazada, Qoo10, Shopee, Zalora)

  • Singapore Travel E-Commerce Market Share by Major Players (Agoda, CheapOair, Comfort Taxi, Easybook, Wego)

  • Singapore Foodservice E-Commerce Market Share by Major Players (Deliveroo, Food Panda, Grab Food, Grain, WhyQ)

Singapore B2C e-commerce market size and forecast by B2C e-commerce segments (Gross Goods Value Trend Analysis, 2017-2026)

  • Retail (distribution by clothing, footwear and accessories, health, beauty and personal care, food and beverages, appliances and electronics, home improvement, books, music and video, toys and hobbies, automotive)

  • Travel and hospitality (distribution by air transport, train and bus, taxi service, hotels and resorts)

  • Online restaurant service (distribution by aggregators, direct to consumer)

  • Media and entertainment (breakdown by streaming services, movies and events, theme parks and games)

  • health and wellbeing

  • Technology products and services

  • Other Segments

Singapore B2C e-commerce market size and forecast by retail channel

  • Consumer Platform

  • Direct to consumer

  • consumer to consumer

Singapore B2C e-commerce market share by travel and hospitality sales channel

  • Market share by travel and hospitality sales channel

  • App Aggregator – Gross Commodity Value Trend Analysis

  • Direct to Consumer – Gross Goods Value Trend Analysis

Singapore B2C e-commerce market size and forecast by online foodservice sales channel

  • Aggregation app

  • Direct to consumer

Singapore B2C E-commerce Market Size and Forecast by Engagement Model (Gross Goods Value Trend Analysis, 2017-2026)

  • Based on website

  • Live broadcast

Singapore B2C E-commerce Market Size and Forecast by Location (Gross Goods Value Trend Analysis, 2017-2026)

Singapore B2C e-commerce market size and forecast by device (Gross Goods Value Trend Analysis, 2017-2026)

Singapore B2C e-commerce market size and forecast by operating system

  • iOS/macOS

  • android

  • Other operating systems

Singapore B2C e-commerce market size and forecast by city

Singapore B2C E-commerce Market Size and Forecast by Payment Instrument (Gross Commodity Value Trend Analysis, 2017-2026)

  • Credit card

  • Debit card

  • Payment

  • Prepaid card

  • Digital and mobile wallet

  • Cash

  • Other digital payment

B2C e-commerce consumer demographics in Singapore

  • Market share by age group

  • Market share by income level

  • Market share by gender

Companies cited

  • Carousel

  • Lazada

  • Qoo10

  • Shop

  • Zalora

  • Deliveroo

  • Foodpanda

  • GrabFood

  • Grain

  • WhyQ

  • agoda

  • CheapOair

  • Taxi comfort

  • easy book

  • We’re going

For more information about this report visit https://www.researchandmarkets.com/r/yn87ci