Retailing in Singapore – Market and Sector Summary and Forecasts to 2025

Pages: 118 Published: March 31, 2021 Report Code: GDRT0418MR

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 in Singapore. It illustrates the data with charts, graphs and tables summarizing the value, with category details in total retail sales sector. The forecasts include the impact of COVID-19 on growth. The databook also reveals major retailers share in total retail sales 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 bn.​

– Food & Grocery is the dominating sector with SGD 16.7 bn in 2020 but Clothing & Footwear is the fastest growing sector, which will grow at 8.1% CAGR between 2020-2025 to reach SGD 6.9 bn.​

– Hypermarkets, Supermarkets and hard discounters is the leading channel, but duty-free retail channel is expected to see the maximum growth during the forecast period, registering a CAGR of 12.3% between 2020-2025 to reach SGD 3.1 bn. ​

– The Singapore retail industry is dominated by mass market players

Reasons to Buy

– Gain a comprehensive view of the retail industry 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 retail sectors to identify the opportunities offering the most potential

– Understand who the main competitors are in the sectors and their price positioning

Key Players

  • UNIQLO

    Gucci

    Burberry

    Tangs

    OG

    Zara (Franchise)

    Cotton on

    Isetan

    Bata

    FairPrice

    Sheng Siong

    Giant

    7-Eleven

    Cold Storage

    Prime

    DFS

    Cheers

    Shell

    Courts

    Apple

    Challenger

    Best Denki

    qoo10

    Harvey Norman

    Gain City

    Amazon

    FairPrice

    DFS

    Watsons

    Unity

    OSIM

    Nu Skin

    ONI Global

    Eu Yan Sang

    Sephora

    Sheng Siong

    IKEA

    Harvey Norman

    Sheng Siong

    Takashimaya

    Tangs

    Muji

Table of Contents

Table of Contents

The State of Retail

Clothing, footwear & accessories

Food & grocery

Electricals

Health & beauty

Home

Others

Definitions

Methodology

Frequently Asked Questions

$2500

Can be used by individual purchaser only

$7500

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 (0) 20 7947 2960

GDPR + CCPA Compliant

Personal and transaction information are kept safe from unauthorised use.

Recently Viewed Reports

Looking to stay on top of industry & market trends?

Sign up to receive regular alerts for our latest analysis and reports. No matter your industry focus, you can keep your finger on the pulse with our timely updates.