Singapore Logistics Market Report and Forecast 2025-2034
Description
The Singapore logistics market reached around USD 33.65 Billion in 2024. The market is projected to grow at a CAGR of 5.20% between 2025 and 2034, reaching almost USD 55.87 Billion by 2034.
Singapore Logistics Market Growth
Singapore is expected to enhance the capacity of Tuas port by 15 million TEUs (Twenty Foot Equivalent Units) and transform it into the world’s largest container terminal which will be fully automated by 2040.
In 2022, the Singapore government announced the development of Changi Airport’s fifth terminal, spanning an area of 1080 hectares. This can increase the airport’s annual handling capacity to 4.5 million tons by 2050. The new development is expected to comprise a three-runway system and large cargo facilities at CEIZ (Changi East Industrial Zone). Presently, the airport occupies an area worth 1300 hectares, with annual passenger footfall of 85 million and comprising 6 airfreight terminals.
With the objective of strengthening the resilience of crucial transportation firms operating on land, air, and sea, the Parliament of Singapore passed the Transport Firms (Critical Sectors) Bill into an Act in April 2024. The bill seeks to make changes to the BSI Act 2015, CAAS Act 2015, the PAS Act 2015, and the RTS Act 1995. Consequently, this can lead to the rise of designated operating entities or designated equity interest holders in the country, whereby the management appointments and company ownership of these entities can come under the authority/approval of relevant statutory bodies and government agencies of Singapore. This is expected to strengthen the country’s transportation sector and drive the market growth in the coming years.
Singapore Logistics Industry Segmentation
Singapore Logistics Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Model Type
1 PL
2 PL
3 PL
Others
Market Breakup by Transportation Mode
Roadways
Seaways
Railways
Airways
Market Breakup by End User
Manufacturing
Consumer Goods and Retail
Food and Beverages
IT Hardware and Telecom
Healthcare
Chemicals
Construction
Automotive
Oil and Gas
Others
Singapore Logistics Market Share
Based on end use, the market is divided into manufacturing, consumer goods and retail, food and beverages, IT hardware and telecom, healthcare, chemicals, construction, automotive, and oil and gas, among others. Over the forecast period of 2025-2034, the healthcare sector is projected to grow at a CAGR of 6.3% amid the growing focus on improved patient care and advancements in medical technology.
Leading Companies in the Singapore Logistics Market
Ongoing infrastructure development is expected to minimise lead times for various shipments. Improvements in the quality of logistics services, including the ability to track and trace consignments, are further expected to drive the market growth in the coming years.
FedEx Corp.
United Parcel Service, Inc.
Schenker AG
C.H. Robinson Worldwide Inc.
Deutsche Post AG
DSV A/S
CMA CGM Group (CEVA Logistics SA)
Singapore Post Limited
Kuehne + Nagel International AG
Nippon Express Co., Ltd.
Yusen Logistics Co., Ltd.
Kintetsu World Express Inc.
Others
Singapore Logistics Market Growth
Singapore is expected to enhance the capacity of Tuas port by 15 million TEUs (Twenty Foot Equivalent Units) and transform it into the world’s largest container terminal which will be fully automated by 2040.
In 2022, the Singapore government announced the development of Changi Airport’s fifth terminal, spanning an area of 1080 hectares. This can increase the airport’s annual handling capacity to 4.5 million tons by 2050. The new development is expected to comprise a three-runway system and large cargo facilities at CEIZ (Changi East Industrial Zone). Presently, the airport occupies an area worth 1300 hectares, with annual passenger footfall of 85 million and comprising 6 airfreight terminals.
With the objective of strengthening the resilience of crucial transportation firms operating on land, air, and sea, the Parliament of Singapore passed the Transport Firms (Critical Sectors) Bill into an Act in April 2024. The bill seeks to make changes to the BSI Act 2015, CAAS Act 2015, the PAS Act 2015, and the RTS Act 1995. Consequently, this can lead to the rise of designated operating entities or designated equity interest holders in the country, whereby the management appointments and company ownership of these entities can come under the authority/approval of relevant statutory bodies and government agencies of Singapore. This is expected to strengthen the country’s transportation sector and drive the market growth in the coming years.
Singapore Logistics Industry Segmentation
Singapore Logistics Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Model Type
1 PL
2 PL
3 PL
Others
Market Breakup by Transportation Mode
Roadways
Seaways
Railways
Airways
Market Breakup by End User
Manufacturing
Consumer Goods and Retail
Food and Beverages
IT Hardware and Telecom
Healthcare
Chemicals
Construction
Automotive
Oil and Gas
Others
Singapore Logistics Market Share
Based on end use, the market is divided into manufacturing, consumer goods and retail, food and beverages, IT hardware and telecom, healthcare, chemicals, construction, automotive, and oil and gas, among others. Over the forecast period of 2025-2034, the healthcare sector is projected to grow at a CAGR of 6.3% amid the growing focus on improved patient care and advancements in medical technology.
Leading Companies in the Singapore Logistics Market
Ongoing infrastructure development is expected to minimise lead times for various shipments. Improvements in the quality of logistics services, including the ability to track and trace consignments, are further expected to drive the market growth in the coming years.
FedEx Corp.
United Parcel Service, Inc.
Schenker AG
C.H. Robinson Worldwide Inc.
Deutsche Post AG
DSV A/S
CMA CGM Group (CEVA Logistics SA)
Singapore Post Limited
Kuehne + Nagel International AG
Nippon Express Co., Ltd.
Yusen Logistics Co., Ltd.
Kintetsu World Express Inc.
Others
Table of Contents
120 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Asia Pacific Logistics Market Overview
- 5.1 Key Industry Highlights
- 5.2 Asia Pacific Logistics Historical Market (2018-2024)
- 5.3 Asia Pacific Logistics Market Forecast (2025-2034)
- 6 Singapore Logistics Market Overview
- 6.1 Key Industry Highlights
- 6.2 Singapore Logistics Historical Market (2018-2024)
- 6.3 Singapore Logistics Market Forecast (2025-2034)
- 7 Singapore Logistics Market by Model Type
- 7.1 1 PL
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 2 PL
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 3 PL
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Others
- 8 Singapore Logistics Market by Transportation Mode
- 8.1 Roadways
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Seaways
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Railways
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Airways
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 9 Singapore Logistics Market by End User
- 9.1 Manufacturing
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Consumer Goods and Retail
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Food and Beverages
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 IT Hardware and Telecom
- 9.4.1 Historical Trend (2018-2024)
- 9.4.2 Forecast Trend (2025-2034)
- 9.5 Healthcare
- 9.5.1 Historical Trend (2018-2024)
- 9.5.2 Forecast Trend (2025-2034)
- 9.6 Chemicals
- 9.6.1 Historical Trend (2018-2024)
- 9.6.2 Forecast Trend (2025-2034)
- 9.7 Construction
- 9.7.1 Historical Trend (2018-2024)
- 9.7.2 Forecast Trend (2025-2034)
- 9.8 Automotive
- 9.8.1 Historical Trend (2018-2024)
- 9.8.2 Forecast Trend (2025-2034)
- 9.9 Oil and Gas
- 9.9.1 Historical Trend (2018-2024)
- 9.9.2 Forecast Trend (2025-2034)
- 9.10 Others
- 10 Market Dynamics
- 10.1 SWOT Analysis
- 10.1.1 Strengths
- 10.1.2 Weaknesses
- 10.1.3 Opportunities
- 10.1.4 Threats
- 10.2 Porter’s Five Forces Analysis
- 10.2.1 Supplier’s Power
- 10.2.2 Buyer’s Power
- 10.2.3 Threat of New Entrants
- 10.2.4 Degree of Rivalry
- 10.2.5 Threat of Substitutes
- 10.3 Key Indicators for Demand
- 10.4 Key Indicators for Price
- 11 Competitive Landscape
- 11.1 Supplier Selection
- 11.2 Key Global Players
- 11.3 Key Regional Players
- 11.4 Key Player Strategies
- 11.5 Company Profiles
- 11.5.1 FedEx Corp.
- 11.5.1.1 Company Overview
- 11.5.1.2 Product Portfolio
- 11.5.1.3 Demographic Reach and Achievements
- 11.5.1.4 Certifications
- 11.5.2 United Parcel Service, Inc.
- 11.5.2.1 Company Overview
- 11.5.2.2 Product Portfolio
- 11.5.2.3 Demographic Reach and Achievements
- 11.5.2.4 Certifications
- 11.5.3 Schenker AG
- 11.5.3.1 Company Overview
- 11.5.3.2 Product Portfolio
- 11.5.3.3 Demographic Reach and Achievements
- 11.5.3.4 Certifications
- 11.5.4 C.H. Robinson Worldwide Inc.
- 11.5.4.1 Company Overview
- 11.5.4.2 Product Portfolio
- 11.5.4.3 Demographic Reach and Achievements
- 11.5.4.4 Certifications
- 11.5.5 Deutsche Post AG
- 11.5.5.1 Company Overview
- 11.5.5.2 Product Portfolio
- 11.5.5.3 Demographic Reach and Achievements
- 11.5.5.4 Certifications
- 11.5.6 DSV A/S
- 11.5.6.1 Company Overview
- 11.5.6.2 Product Portfolio
- 11.5.6.3 Demographic Reach and Achievements
- 11.5.6.4 Certifications
- 11.5.7 CMA CGM Group (CEVA Logistics SA)
- 11.5.7.1 Company Overview
- 11.5.7.2 Product Portfolio
- 11.5.7.3 Demographic Reach and Achievements
- 11.5.7.4 Certifications
- 11.5.8 Singapore Post Limited
- 11.5.8.1 Company Overview
- 11.5.8.2 Product Portfolio
- 11.5.8.3 Demographic Reach and Achievements
- 11.5.8.4 Certifications
- 11.5.9 Kuehne + Nagel International
- 11.5.9.1 Company Overview
- 11.5.9.2 Product Portfolio
- 11.5.9.3 Demographic Reach and Achievements
- 11.5.9.4 Certifications
- 11.5.10 Nippon Express Co., Ltd.
- 11.5.10.1 Company Overview
- 11.5.10.2 Product Portfolio
- 11.5.10.3 Demographic Reach and Achievements
- 11.5.10.4 Certifications
- 11.5.11 Yusen Logistics Co., Ltd.
- 11.5.11.1 Company Overview
- 11.5.11.2 Product Portfolio
- 11.5.11.3 Demographic Reach and Achievements
- 11.5.11.4 Certifications
- 11.5.12 Kintetsu World Express Inc.
- 11.5.12.1 Company Overview
- 11.5.12.2 Product Portfolio
- 11.5.12.3 Demographic Reach and Achievements
- 11.5.12.4 Certifications
- 11.5.13 Others
Pricing
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