Electricals Retailing in Singapore – Sector Overview, Market Size and Forecast to 2025
This databook uses data from GlobalData’s Retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2020 in each of the sectors. All data includes the impact COVID-19 has had on sales in 2020 (forecasted at the date of publication).
This databook provides both the historic and forecast market data of total retail sales, and the electricals market in Singapore. It illustrates the data with charts, graphs and tables summarizing the value, with category details in electricals sector. The forecasts include the impact of COVID-19 on growth. The databook also reveals major retailers share in electricals sector with their price and market positioning in 2020.
Scope
– The overall retail industry in Singapore is forecast to grow at a CAGR of 4.0% between 2020 and 2025 to reach SGD 47.5 billion .
– Sales in the electricals sector is forecast to reach SGD 3.6 billion in 2025, growing at a CAGR of -0.8% between 2020-2025.
– Online channel is projected to grow from SGD 1.0 billion in 2020 to SGD 1.4 billion by 2025 at a CAGR of 7.1%
– The mass market players accounted for maximum share of 82.8% of sales in 2020
– Courts is the leading retailer with a market share of 11.7% in 2020
Reasons to Buy
– Gain a comprehensive view of the electricals market and forecasts to 2025
– Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of COVID-19 on the retail market
– Investigate current and forecast trends in electricals sector to identify the opportunities offering the most potential
– Understand who the main competitors are in the sector and their price positioning
Key Players
Table of Contents
Get in touch to find out about our multi-purchase discounts
reportstore@globaldata.com
Tel +44 (0) 20 7947 2960
Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.
Still undecided about purchasing this report?
Testimonial
“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.
GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”
“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”
Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.
Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.
Related reports
View more Electricals and Electronics reports
