The Singapore Freight and Logistics Market Report is Segmented by End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Wholesale and Retail Trade, Oil and Gas, Mining and Quarrying, and Others), and by Logistics Function (Courier, Express, and Parcel (CEP), Freight Forwarding, Freight Transport, Warehousing and Storage, and Other Services). The Market Forecasts are Provided in Terms of Value (USD).

In 2023, the global logistics market was worth more than *** trillion U.S. dollars. North America was the second largest region in that year, accounting for approximately *** trillion U.S. dollars. Logistics in Asia-Pacific With roughly *** trillion U.S. dollars in size, the logistics market in the Asia-Pacific region is the largest one globally. The Asia-Pacific region has the most postal offices in the world as well. The leading position of the region in the logistics industry could be explained mostly because of the importance of the region in supplying most of the necessary trade goods globally. Since it was highly cost-effective for western companies to start moving the entire production of goods to less-developed countries in Asia, most of the companies today have their entire facilities performing from Asian countries. The expansion of trade routes and the shift of industrial production towards Asian countries contributed to the logistic market’s development immensely. Yet, when one looks at the distribution of leading logistics firms by the origin of the country, the leading firms are non-Asian headquartered. Besides, the Asia Pacific region has the world’s largest ports which grow at a continuous rate. PSA International, Hutchison Port Holdings, China Cosco Shipping and China Merchants Ports are four major marine terminal operators from the region. PSA International Singapore-based marine terminal operator, PSA International was founded in 1964 and improved its global reach strategically since then. For instance, PSA International was the leading marine terminal operator globally in 2019. During that period, the company handled some **** million twenty-foot equivalent units (TEUs) during that period. The marine operator experienced a slump in its assets between 2009 and 2015. Yet, since 2016, the company recovered its level of assets held and by 2020 reaching its peak value of over **** billion Singapore dollars. On the other hand, the revenue generated by PSA International has not recovered its peak value from 2011. Between 2009 and 2020 fiscal years, PSA International’s revenue fluctuated around **** billion Singapore dollars, generating just over *** billion Singapore dollars in the fiscal year of 2020.

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.

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Singapore 3PL Market Size 2024-2028

The Singapore 3PL market size is forecast to increase by USD 1.62 billion at a CAGR of 6.78% between 2023 and 2028. In Singapore's 3PL market, international deliveries continue to rise due to the increasing number of e-commerce companies setting up shop in the region. To manage this growth, many businesses are establishing in-house logistics teams and investing in advanced logistics software for freight-management and shipment management. The use of technology, such as logistics software and government systems, is essential for monitoring the delivery process and ensuring last-mile connectivity. Additionally, the collaboration between shipowners, cargo agents, freight forwarders, and other stakeholders plays a crucial role in the efficient movement of goods. However, the high operational costs associated with running a 3PL business can be a significant challenge.

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The market has been a crucial component of the country's economic strength, playing a significant role in supporting businesses in managing their core operations more effectively. This market caters to various industries, including but not limited to, e-commerce, trading activities, and international deliveries. The 3PL industry in Singapore offers a range of services, including inventory management, logistics and distribution, cross-docking, and customer experience management. These services enable businesses to focus on their core competencies while outsourcing the complexities of managing their supply chain.

Furthermore, scalability is a key benefit of engaging a 3PL provider in Singapore. Businesses can leverage the provider's resources and expertise to expand their operations without the need for significant capital investments in infrastructure and technology. Additionally, 3PLs offer risk mitigation solutions, ensuring businesses are protected against unforeseen events that could impact their supply chain. The market is known for its asset utilization and asset sharing alliances. These collaborations allow businesses to optimize their transportation modes and service types, leading to cost savings and improved efficiency. Dedicated contract carriage is also an option for businesses seeking a more customized logistics solution.

Moreover, Singapore's strategic location as a global trading hub and its advanced infrastructure make it an attractive destination for businesses looking to penetrate the overseas market. The national logistics portal facilitates seamless communication and coordination between stakeholders, ensuring a long-term partnership that benefits all parties involved. Parts distribution is another area where 3PLs in Singapore excel. By providing efficient and reliable distribution services, businesses can reduce their inventory holding costs and improve their overall supply chain performance. The economic strength of Singapore, coupled with its strong business environment, makes it an ideal location for businesses looking to establish a presence in the Asia Pacific region.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Service

  Transportation
  Warehousing and distribution
  Value-added services


End-user

  Manufacturing
  Automotive
  Consumer goods
  Food and beverage
  Others


Geography

  Singapore

By Service Insights

The Transportation segment is estimated to witness significant growth during the forecast period. In Singapore's 3PL market, businesses outsource their transportation needs to specialized providers due to the significant investment and expertise required. This sector encompasses various modes, such as road, rail, air, and sea. Outsourcing freight delivery enables companies to gain a competitive edge, as 3PL suppliers ensure efficient and timely shipments. The 3PL industry offers a range of services, including freight forwarding, project logistics, network design, cargo insurance, optimization, and customs brokerage. With technological advancements, the transportation segment of the market continues to evolve. International deliveries are facilitated through advanced logistics software, enabling real-time shipment management and delivery process monitoring. Last-mile connectivity solutions streamline the final leg of the delivery process.

Furthermore, government systems collaborate with 3PLs, freight-management companies, shipowners, cargo agents, and freight forwarders to ensure seamless cross-border trade. Overall, the market plays a crucial role in the efficient and effective movement of goods, enabling businesses to focus on their core competencies.

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The Singapore Chemical Logistics Market Report is Segmented by Service (Transportation, Warehousing, Distribution & Inventory Management, and Other Services), End-User Industry (Pharmaceutical, Cosmetic, Oil & Gas, and More), Hazard Class (Hazardous Chemicals and Non-Hazardous Chemicals), Temperature Control (Temperature-Controlled and Non-Temperature-Controlled). The Market Forecasts are Provided in Terms of Value (USD Billion).

The Singapore Third-Party Logistics (3PL) Market Report is Segmented by Service (Domestic Transportation Management, International Transportation Management, and More), by End User (Automotive, Energy & Utilities, Manufacturing, Life Sciences & Healthcare, Technology & Electronics, E-Commerce, and More), and by Logistics Model (Asset-Light, Asset-Heavy, Hybrid). The Market Forecasts are Provided in Terms of Value (USD).

Market Size, Revenue, Share, Major Players, Segmentation, and Future Outlook Across Key Sectors Base Year : 2024

Singapore's 3PL market, a $5.48B industry in 2025, is booming at a 3.81% CAGR. Discover key drivers, trends, and challenges shaping this dynamic sector, including e-commerce growth, technological advancements, and competitive pressures. Learn about leading players and future prospects. Notable trends are: E-Commerce driving the demand for 3PL Services.

Discover the booming Singapore freight & logistics market! This in-depth analysis reveals a $67.22 million market (2025) projected to grow at a 4% CAGR until 2033, driven by e-commerce and strategic location. Explore key players, market segments, and future trends. Recent developments include: May 2023: Nippon Express has announced its acquisition of Austrian full-range logistics provider, cargo-partner, making it a subsidiary of the Japanese global logistics services company. The deal was signed on May 12, 2023, and will come into effect subject to the usual regulatory (anti-trust and FDI) approvals in an estimated four to seven months along with the subsequent closing., April 2023: DHL Express has partnered Pick Network, a nationwide parcel locker network by the Infocomm Media Development Authority of Singapore, to tap into its full locker network in Singapore. This will enable DHL customers to collect their parcels from another 1,008 lockers near their homes, on top of the existing four DHL Express service centers and over 450 service points across the island.. Key drivers for this market are: Growing global trade activities, Infrastructure Development is on rise. Potential restraints include: Manufacturers' lack of control over logistics services and also increasing logistical costs. Notable trends are: Growing E-commerce in Singapore.

The ASEAN Warehousing and Distribution Logistics Market Report is Segmented by Warehouse Type (General Warehousing and Storage, Refrigerated Warehousing and Storage), Ownership (Private Warehouses, Public Warehouses), End-User Industry (E-Commerce & Retail, Food & Beverage, Pharma & Healthcare, and More), and Geography (Singapore, Thailand, Malaysia, Indonesia, and More). The Market Forecasts are Provided in Terms of Value (USD).

The Singapore third-party logistics (3PL) market size reached approximately USD 2.70 Billion in 2024. The market is projected to grow at a CAGR of 6.40% between 2025 and 2034, reaching a value of around USD 5.02 Billion by 2034.

The Singapore freight and logistics market, valued at $67.22 million in 2025, is projected to experience robust growth, driven by the nation's strategic location as a major Asian hub and its thriving e-commerce sector. A compound annual growth rate (CAGR) of 4.00% from 2025 to 2033 indicates a steady expansion, fueled by increasing international trade, the rise of supply chain digitalization, and government initiatives promoting logistics efficiency. Key segments like freight transport (particularly road and sea freight given Singapore's port infrastructure), warehousing and storage, and value-added services are expected to contribute significantly to this growth. The strong manufacturing and automotive sectors, along with the burgeoning e-commerce landscape, are major end-user drivers. While challenges like fluctuating fuel prices and global economic uncertainty may present headwinds, the market's resilience is underpinned by Singapore's commitment to infrastructure development and its strategic partnerships within the regional and global supply chain networks. The competitive landscape is marked by the presence of both global giants like UPS, DHL, and FedEx, and established local players like ACW Logistics and Keppel Logistics. These companies are continually investing in technology and infrastructure upgrades to enhance efficiency, improve service offerings, and meet the evolving demands of clients. The market's future growth will likely be shaped by increased adoption of automation and AI in logistics operations, the expansion of sustainable and green logistics practices, and the ongoing development of smart ports and logistics infrastructure within Singapore. This signifies a dynamic market poised for continued expansion, attracting both domestic and international investment in the coming years. Recent developments include: May 2023: Nippon Express has announced its acquisition of Austrian full-range logistics provider, cargo-partner, making it a subsidiary of the Japanese global logistics services company. The deal was signed on May 12, 2023, and will come into effect subject to the usual regulatory (anti-trust and FDI) approvals in an estimated four to seven months along with the subsequent closing., April 2023: DHL Express has partnered Pick Network, a nationwide parcel locker network by the Infocomm Media Development Authority of Singapore, to tap into its full locker network in Singapore. This will enable DHL customers to collect their parcels from another 1,008 lockers near their homes, on top of the existing four DHL Express service centers and over 450 service points across the island.. Key drivers for this market are: Growing global trade activities, Infrastructure Development is on rise. Potential restraints include: Growing global trade activities, Infrastructure Development is on rise. Notable trends are: Growing E-commerce in Singapore.

Explore comprehensive insights into Singapore's Third-Party Logistics (3PL) market, including current size, growth projections, and key industry trends. Download our free PDF for detailed analysis

USD 571.82 Million in 2024; projected USD 1023.89 Million by 2033; CAGR 6.66%.

The Singapore Sea Freight Transport Market Report Segments the Industry Into by Cargo Type (Containerized Cargo, Dry Bulk Cargo and More), by End User Industry (Electronics and Semiconductors, Chemicals and Petrochemicals, Food and Beverage and More), by Trade Lane (Intra-Asia, North America and More) and by Region/Port Cluster(West Region, Central Region and More). The Market Forecasts are Provided in Terms of Value (USD).

Discover the booming Singapore chemical logistics market! This in-depth analysis reveals a $9.92B market in 2025, projected to surge at a CAGR exceeding 13.5% through 2033. Explore key drivers, trends, restraints, and top players shaping this dynamic sector. Recent developments include: March 2023: Brenntag, the world's largest distributor of chemicals and additives, announced today the acquisition of Aik Moh Group. With a focus on Southeast Asia, the business provides a comprehensive range of industrial chemicals with excellence in last-mile delivery, mixing, and blending, as well as value-added services such as repacking, warehousing, and logistical support. Brenntag Essentials expands its business into major focus areas in Asia-Pacific, including Singapore, Malaysia, Indonesia, and the Philippines, with this acquisition., March 2023: Evonik, a German specialty chemicals maker, is one of only a few businesses with specific intentions to use green hydrogen to make chemicals, but several others are considering it as an energy source. Evonik has announced plans to establish a pilot electrolyzer at its production plant in Herne, Germany, in collaboration with compatriot enterprise and globally prominent E&E expert Siemens Energy, to test the technology in industrial practice.. Key drivers for this market are: 4., Increase demand of Petrochemical is driving the market4.; Increase in Investments is driving the market. Potential restraints include: 4., Increase demand of Petrochemical is driving the market4.; Increase in Investments is driving the market. Notable trends are: Increase in chemical production driving the market.

The Report Covers APAC FMCG Logistics Market Analysis and it is segmented by Service (Transportation, Warehousing, Distribution, and Inventory Management and Other Value-added Services), by Product Category (Food and Beverage, Personal Care, Household Care and Other Consumables) and by Geography (China, India, Japan, South Korea, Singapore, Indonesia, Vietnam, Malaysia and Thailand).

Discover the booming ASEAN road freight market, projected to reach [Value in USD] by 2025 and grow at a CAGR of 5.98% until 2033. This in-depth analysis explores market drivers, trends, restraints, and key players, providing valuable insights for investors and businesses in the logistics sector. Learn about regional market shares, segmentations (FTL, LTL, goods type), and future growth opportunities in Southeast Asia's thriving transportation landscape. Recent developments include: June 2023: DHL Express has geared up to electrify its last-mile delivery fleet by deploying 24 electric vans in Jakarta and Bandung. The new electric vehicles will join the existing fleet which includes four electric vans and six electric bikes serving areas in Jakarta and Surabaya.June 2023: Chery Malaysia signed a logistic services agreement with Tiong Nam Logistics Holdings Berhad, which is responsible for spare parts warehousing and transportation logistics services. Tiong Nam Logistics has obtained the rights to handle Chery’s spare parts warehousing and transportation in Malaysia, including heavy-duty vehicle models such as TIGGO 8 PRO and OMODA5.May 2023: Kerry Express (KEX),has announced a partnership with All Speedy Co, a subsidiary of CP All, to extend its services to 7-Eleven branches across the country. This cooperation between Kerry Express and All Speedy is aimed at increasing the availability of their express parcel delivery service by leveraging the extensive nationwide network of 7-Eleven outlets.. Key drivers for this market are: Growing trade relations, Increased demand for perishable goods. Potential restraints include: Cargo theft, High cost of maintainig. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Singapore Healthcare Logistics Market is expected to grow during 2025-2031

The ASEAN chemical logistics market is booming, with a CAGR exceeding 5.50%. This in-depth analysis explores market size, key drivers (e.g., industrial growth, tech adoption), trends (green logistics), and restraints. Discover insights into regional market share (Singapore, Thailand, Vietnam, etc.), major players (DHL, JWD InfoLogistics), and future growth projections to 2033. Recent developments include: October 2022: Rinchem is nearing the completion of a brand-new chemical warehouse based in Malaysia slated to be ready in Q2 of 2023. While the company currently has two other warehouses in the Asia Pacific (Taiwan & South Korea), this will be Rinchem's first warehouse located in Malaysia. The 45,000 sq. ft. dangerous goods warehouse will have the capacity to store 3100 pallet positions. Rinchem's warehouses are custom-built to support the proper segregation of various hazard classes and to offer multiple temperature zones., February 2022: In Port Klang, Malaysia, Leschaco recently opened a new chemical and dangerous goods warehouse with a floor space of 120.000 ft on two levels. Within this new facility, up to 13,000 pallets of chemical products and hazardous materials can be safely stored. Contract logistics, especially for chemicals, is a fast-growing market in Malaysia. Accordingly, logistics companies that are reliable partners for transporting and storing chemicals and dangerous goods are in demand. Leschaco (Malaysia) Sdn Bhd has grown with its customers and developed into an important player in the logistics and storage of chemical products in the APAC region., October 2021: Ratanakorn Asset and FLS recently agreed to form FLS Supply Chain Centers as a joint venture to design, build, and operate specialized warehouse complexes across Thailand. The first such project will be developed in Maptaphut, Rayong, and involves in its first phase a state-of-the-art, 10,000-square-meter warehouse for the storage and handling of hazardous chemicals, according to the companies. The facility will also include a chemical processing and repackaging facility. The JV said it expects the first phase of construction to be completed in May 2022.. Key drivers for this market are: The Rise in Demand for Specialty Chemicals in ASEAN Countries Increasing Trade Logistics Activity, Partnerships and Collaborations Between Major Players in the Chemical Logistics Market are Being Formed for the Creation of Innovative Goods and Technologically Enhanced Services. Potential restraints include: Complexities Related to Chemical Logistics, High Cost Involved in the Transportation of Chemicals. Notable trends are: The Rise in Chemical Production is Expected to Propel the Growth of the Chemical Logistics Market.