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Global Singapore Freight and Logistics Market 2021 Size, Share, Growth, Trends and Forecast, Business Opportunities and Future Investments

Singapore Freight and Logistics

The report focuses on the favorable Global “Singapore Freight and Logistics market” and its expanding nature. The Singapore Freight and Logistics market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • 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. 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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    Key Manufacturers

  • 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

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Singapore Freight and Logistics market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Singapore Freight and Logistics market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Singapore Freight and Logistics market have also been involved in the study.

    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.

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    TOC of Singapore Freight and Logistics Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Singapore Freight and Logistics market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Singapore Freight and Logistics Market Report Covered:

    • The report analyses how Singapore Freight and Logistics market will grow in the future.
    • Analyzing various perspectives of the Singapore Freight and Logistics market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Singapore Freight and Logistics market shares and policies employed by the major market players.
    • Competitive landscape including the Singapore Freight and Logistics market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Singapore Freight and Logistics market players

    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.

    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 , 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.

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    Study objectives of Singapore Freight and Logistics Market Report:

    • To provide a detailed analysis of the market structure along with the Singapore Freight and Logistics market forecast of various segments and sub-segments of the Singapore Freight and Logistics market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Singapore Freight and Logistics market trends that influence the global Singapore Freight and Logistics market

    Detailed TOC of Singapore Freight and Logistics Market Report 2019-2024:

    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

    6 COMPETITIVE LANDSCAPE
    6.1 Overview
    6.2 Company Profiles
    6.2.1 United Parcel Service
    6.2.2 Deutsche Post DHL Group
    6.2.3 Singapore Post Limited
    6.2.4 APL Logistics Ltd (Subsidiary of Kintetsu World Express Inc.)
    6.2.5 ACW Logistics Pte. Ltd
    6.2.6 Keppel Logistics Pte. Ltd
    6.2.7 CWT Pte. Ltd
    6.2.8 YCH Group Pte. Ltd
    6.2.9 Yamato Transport
    6.2.10 Deutsche Post DHL Group
    6.2.11 Panalpina Group
    6.2.12 Kuehne + Nagel International AG
    6.2.13 Nippon Express Co. Ltd
    6.2.14 Expeditors International
    6.2.15 Yusen Logistics Co. Ltd
    6.2.16 FedEx Corporation
    6.2.17 Deutsche Bahn AG
    6.2.18 Agility Logistics
    6.2.19 CEVA Logistics

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

    8 APPENDIX
    8.1 GDP Distribution, by Activity
    8.2 Insights on Capital Flows
    8.3 Economic Statistics – Transport and Storage Sector and Contribution to Economy
    8.4 External Trade Statistics – Export and Import, by Product
    8.5 Insights on Key Export Destinations
    8.6 Insights on Key Import Origin Countries

     

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