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Singapore Freight and Logistics Market 2019 – Growth Analysis by Industry Size, Share, Latest Updates, Opportunities, Investment Cost and Forecast to 2024

Singapore

The “Singapore Freight and Logistics Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Singapore Freight and Logistics market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Singapore Freight and Logistics market is provided in detail in the report.

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Singapore Freight and Logistics Market Covers Key Players:

  • 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 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.

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Singapore Freight and Logistics Market opportunities and recommendations for new investments

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    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.

    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 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.

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    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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