Singapore Freight And Logistics Market Size In 2022 (New Report): Manufacturers Data, Opportunity, Import Export Scenario, Application, Type, Regions and Future Forecast till 2030

GlobeNewsWire
Thursday, October 6, 2022 at 10:28am UTC

PUNE, Oct. 06, 2022 (GLOBE NEWSWIRE) -- "Singapore Freight And Logistics Market" research report focus on overall information that can help to take decisions on current market situation. Singapore is one of the world’s most open economies. It has the world’s highest trade to GDP ratio, with the total trade reaching more than the GDP. This reflects the country's role as a trading port and an oil and gas hub, and its participation in regional supply chains, which has over time, led to a significant increase in trade of intermediate goods.

Singapore Freight And Logistics Market Report Contains: -

  • Complete overview of the global Singapore Freight And Logistics Market
  • Top Country data and analysis for United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional Singapore Freight And Logistics markets such as North America, Europe, Asia-Pacific, South America and Middle East and Africa
  • Description and analysis of Singapore Freight And Logistics market potential by type, Deep Dive, disruption, application capacity, end use industry
  • impact evaluation of most important drivers and restraints, and dynamics of the global Singapore Freight And Logistics market and current trends in the enterprise
  • Detailed profiles of the Top major players in the industry, including. United Parcel Service,Deutsche Post DHL Group,Singapore Post Limited,APL Logistics Ltd (Subsidiary of Kintetsu World Express Inc.),ACW Logistics Pte. Ltd,Keppel Logistics Pte. Ltd,CWT Pte. Ltd,YCH Group Pte. Ltd,Yamato Transport,Deutsche Post DHL Group,Panalpina Group,Kuehne + Nagel International AG,Nippon Express Co. Ltd,Expeditors International,Yusen Logistics Co. Ltd,FedEx Corporation,Deutsche Bahn AG,Agility Logistics,CEVA Logistics

The country is a regional hub for logistics players, and helps companies drive speed to the global market through excellent infrastructure and connectivity. According to World Bank’s Logistics Performance Index (LPI) 2018, the country ranks seventh in the world and ranks third for logistics competence. Being a regional hub, the country is a preferred location for manufacturers who can have support from the ecosystem of leading shippers and third-party logistics providers (3PLs) in the country. The manufacturing companies base their supply chain control towers and distribution centers in Singapore, in order to orchestrate their regional and global supply chains.

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Singapore Freight And Logistics Market Segmentation: -

researcher’s latest report provides a deep insight into the global Singapore Freight And Logistics market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

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Key Market Trends

World-class Logistics Infrastructure and Excellent Connectivity

Singapore has seamless transport connectivity. It has dense sea and road networks for multimodal transshipment, with a Seamless intermodal connectivity between one of the world’s busiest seaports and airports. The airport is less than an hour drive from PSA terminals, the world’s second-largest container port and busiest transshipment hub, with connectivity to over 600 ports. PSA has four container terminals, one multi-purpose terminal, and one vehicle transshipment terminal operational in the country. PSA also has a huge shipping line network of 200 shipping lines, connecting 123 countries with vessels, with a frequency of 60 per day.

Changi International Airport is one of the world’s busiest airports for international air cargo, handling over 1.97 million metric ton annually, with transshipment volume accounting for almost half of the throughput, hence regarded as global air cargo hub. Designed to move cargo, like clockwork round the clock, the cold chain facilities, warehouses, and offices at Changi Airfreight Centre (CAC), coupled with the Airport Logistics Park of Singapore (ALPS), are well equipped to cater to all operational needs. Airfreight operations at Changi Airport are centered at the Changi Airfreight Centre (CAC), a 24-hour Free Trade Zone, where transshipment cargo can be broken down and reconsolidated with minimal Customs formalities.

Scope of the Report

A complete background analysis of Singaporean freight and logistics industry, which includes an assessment of the economy, emerging trends by segments and regional markets, significant changes in market dynamics, and market overview, is covered in the report.

Market segment by Region/Country including: -

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
  • South America (Brazil, Argentina, Colombia, etc.)
  • Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)

Insights on Maritime Transport and Role of Singapore as a Key Transshipment Hub

Port of Singapore is recognized as the busiest container transshipment hub in the world. The strategic geographical location of the country serves as a gateway to ASEAN countries and the rest of the world, and has a connection with more than 600 ports in over 120 countries. Owing to the excellent quality and services, world-class infrastructure, and consistent R&D activities, the maritime sector has gained traction over the past few years. Despite the decreased trend in the container volume of the major transshipment hubs, like Hong Kong, and fierce competition from neighboring ports in Malaysia, the container traffic at the Singapore ports reached 33.7 million TEUs in 2017, which represented an increase of 8.9%, as compared to 2016. Similarly, the total cargo throughput of the Singaporean ports had registered 627.69 million metric ton in 2017, an increase of 5.8%, as compared to 2016, in which bulk oil cargo recorded a growth of 5.3% in 2017.

Owing to the future growth in the container throughput, MPA, along with PSA Singapore, has been expanding the Pasir Panjang Terminal. It is expected that the port capacity will be increased by 50% upon the completion of the expansion process. Additionally, the ports will be able to handle the mega-container ships. To reduce the shipping costs and gain productivity, shipping companies are coming up with mega-alliances. The ports with the capability of handling the mega-alliances gain competitive advantage.

Competitive Landscape

Most of the manufacturing companies base their supply chain control towers and distribution centers in Singapore, in order to orchestrate their regional and global supply chains. This scenario has attracted global logistics companies to mark their footprint in the Singaporean logistics industry. Changi Airport is home to four major express players-DHL Express, FedEx Express, TNT Express, and UPS. Features of this on-airport hubs in FTZ include direct access to the airside and freighter-parking stands for sorting and turnaround of goods, and tax-free transshipments within the Free Trade Zone. Furthermore, Airport Logistics Park of Singapore (ALPS) have leading global third-party logistics companies (3PLs), like Expeditors, DB Schenker, Nippon Express, with sizeable facilities. This report provides detailed profiles of global, as well as local players, with country-level developments. Additionally, the document also consists of market concentration of these players with significant merger and acquisition activities.

Key Players in the Singapore Freight And Logistics Market: -

  • United Parcel Service
  • Deutsche Post DHL Group
  • Singapore Post Limited
  • APL Logistics Ltd (Subsidiary of Kintetsu World Express Inc.)
  • ACW Logistics Pte. Ltd
  • Keppel Logistics Pte. Ltd
  • CWT Pte. Ltd
  • YCH Group Pte. Ltd
  • Yamato Transport
  • Deutsche Post DHL Group
  • Panalpina Group
  • Kuehne + Nagel International AG
  • Nippon Express Co. Ltd
  • Expeditors International
  • Yusen Logistics Co. Ltd
  • FedEx Corporation
  • Deutsche Bahn AG
  • Agility Logistics
  • CEVA Logistics

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Key Benefits of Singapore Freight And Logistics Market Research Report:

  • Types, applications, regions, and key players covered in the study
  • Industry drivers, restraints, and opportunities covered in the study
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Artificial Intelligence AI Chips Market
  • Sales, price, revenue, market share, and growth rate are covered in the report sales channels, distributors, traders, dealers, etc. are covered in the report

Detailed TOC of Singapore Freight and Logistics Market -Growth, Trends, and Forecast (2022 - 2030)

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS AND INSIGHTS

4.1 Current Market Scenario

4.2 Introduction to Market Drivers and Restraints

4.3 Market Drivers

4.4 Market Restraints

4.5 Value Chain / Supply Chain Analysis

4.6 Industry Attractiveness – Porter’s Five Forces Analysis

4.7 Government Regulations and Initiatives

4.8 Technological Trends and Automation

4.9 Brief on Freight Rates

4.10 Insights on Bunkering Services

4.11 Review and Commentary on Singapore’s Relation with Other ASEAN Countries (Analyst’s View)

4.12 Spotlight- Role of Singapore as a Transshipment Hub

5 MARKET SEGMENTATION

5.1 By Function

5.1.1 Freight Transport

5.1.1.1 Road

5.1.1.2 Shipping

5.1.1.3 Air

5.1.1.4 Rail

5.1.2 Freight Forwarding

5.1.3 Warehousing

5.1.4 Courier, Express, and Parcel

5.1.5 Value-added Services

5.1.6 Other Frieght Transport

5.2 By End User

5.2.1 Manufacturing and Automotive

5.2.2 Oil and Gas, Mining, and Quarrying

5.2.3 Agriculture, Fishing, and Forestry

5.2.4 Construction

5.2.5 Distributive Trade (Wholesale and Retail)

5.2.6 Healthcare and Pharmaceutical

5.2.7 Other End Users

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1.To study and analyze the global Singapore Freight And Logistics consumption (value) by key regions/countries, product type and application

2.To understand the structure of Singapore Freight And Logistics market by identifying its various sub segments.

3.Focuses on the key global Singapore Freight And Logistics manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.

4.To analyze the Singapore Freight And Logistics with respect to individual growth trends, future prospects, and their contribution to the total market.

5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

6.To project the consumption of Singapore Freight And Logistics submarkets, with respect to key regions (along with their respective key countries).

7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

8.To strategically profile the key players and comprehensively analyze their growth strategies.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global Singapore Freight And Logistics market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the Singapore Freight And Logistics market and its impact in the global market.

Learn about the Singapore Freight And Logistics market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the Singapore Freight And Logistics market.

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