Find an extensive collection of market research reports on Singapore in our online store. A profound industry analysis, an economic review, examination of most recent developments, figures as well as statistics – these are only some of the data found in the studies.
Overview of Singapore
Singapore, a city state in South East Asia, became an independent country in 1965. With a land area of 633 square kilometers, it is made up of the main Island (Pulau Ujong) and about 50 other small islands. Singapore has an equatorial climate and large areas of tropical rainforests.
The overall country’s population is 5.2 million, with Singapore City, the capital, being home to 3.5 million residents. 75% of the population is of Chinese background, 17% of them come from Malaysia, and 8% - of Indian origin. Overseas workers account for 50% of the total population. It is the second most densely populated nation worldwide, after Monaco.
The country boasts one of the globe’s highest standards of living. Its currency is Singapore dollar.
Economic structure
The country has a highly developed successful free market economy. It has stable prices with inflation at 4.6% in 2012. It relies heavily on exports of consumer electronics, IT products, pharmaceuticals, and also on a strong financial sector.
From 2004 to 2007, the GDP grew at a rate of 8.6%. With the global financial crisis of 2009 it suffered badly and only grew by 0.8% but then rebounded in 2010 with a staggering growth of 14.8% - third in the world after Qatar and Paraguay. This slowed in 2011 to 5.2% and 1.3% in 2012 with demand for export products dwindling during the Euro crisis. The GDP was valued at USD 251.5 billion in 2012. 26.8% was generated by industry and 73.2% by the service centre. Unemployment stood at 1.9% in 2012.
Singapore's main export partners are Malaysia, the USA, Hog Kong, China, Indonesia, Japan, Australia, and South Korea.
Its import partners are Malaysia, the USA, China, South Korea, Indonesia, Saudi Arabia, and the UAE.
Industry Analysis
Electronics industry
In 2012, the electronics industry contributed 78.1 billion Singapore dollars to the economy. It is responsible for 38.8% of all investment, and it employs 80,000 people.
This sector includes: 14 silicon wafer fabrication plants; 11 of the world's top 20 integrated device manufacturers; 20 semiconductor operations; top 3 hard disk manufacturers; 4 of the world's top 5 electronic manufacturing service providers;
The leading companies based in the country include, among others, Seagate Technology, STMicroelectronics, Murate Manufacturing Co, and Ventura Corporation.
Sales of consumer electronics were strong in 2012-2013 mainly due to the strong markets for smartphones, tablets and portable laptops. The market is predicted to remain buoyant as consumers tend to upgrade to novel versions of these smart devices as they become available.
Banking and Finance
Singapore has turned into the finance and banking centre of Southeast Asia, with companies including wealth management firms, international banks, and other financial establishments. Banking, insurance and foreign exchange have been the main growth areas in the sector. Singapore’s geographical posiiton and telecom network makes possible and convenientto trade 24 hours a day. The country is home to several prominent names in the industry, including Prudential, BNP Paribas, Credit Suisse, Barclays Capital, etc. The sector grew by over 5% in 2011.
Tourism
A growth of 12% in the tourist industry of Singapore is predicted by 2015; it is expected that 17 million people will visit and contribute 30 billion Singapore dollars to the domestic industry. Two integrated resorts were completed in 2011, and the revenues generated by the casino amounted to 1.7% of the nation’s GDP. The country has aimed at world class tourist facilities, and it is succeeding with its airline (Singapore airlines), its airport and Shangri La hotel – all having won world's best awards in recent years. Singapore has begun to attract tourists from other Asian countries like China, India and Malaysia. It has also begun to look at niche tourism such as medical tourism, business tourism and retail tourism. World class sporting events, such as the Formula 1 Grand Prix, have also raised the country's international profile.
Chemicals
The local chemical industry is growing at a fast race due to the government’s increased focus on the sector development. The country is deemed to be among the 10 leading petrochemical centers globally. It is a leader in the oil refining business and is among the top 3 oil trading hubs worldwide. Some of the dominant domestic companies comprise Sumitomo Chemical, Exxon Mobil, and Shell. Jurong Island houses 94 firms operating in the sector, who have made an investment of 31 billion Singapore dollars in fixed assets on this site. Chemicals were responsible for 37% of the country’s GDP in 2010.
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Meiji Seika (Singapore) Pte Ltd in Packaged Food (Singapore)
US$ 150.00
Meiji Seika (Singapore) Pte Ltd is expected to produce healthier alternatives of chocolate and sugar confectionery over the forecast period to attract the ... books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and ...
February 2013
2 pages
Ng Nam Bee Marketing Pte Ltd in Packaged Food (Singapore)
US$ 150.00
Ng Nam Bee Marketing Pte Ltd is expected to offer a wide range of rice products as the company equips its rice mills with hi-tech equipment in ... reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore ...
February 2013
2 pages
Tong Seng Produce Pte Ltd in Packaged Food (Singapore)
US$ 150.00
Tong Seng Produce Pte Ltd aims to continue to deliver a high standard of quality products and serve staple foods efficiently. For this ... diversified into rice in order to meet the needs of the diverse population of Singapore, as well as to respond to the health conscious trend. Euromonitor International Local ...
February 2013
2 pages
Unicurd Food Co Pte Ltd in Packaged Food (Singapore)
US$ 150.00
Unicurd Food Co Pte Ltd constantly makes an effort to be updated about the latest consumer preferences and lifestyle trends. As such, with consumers ... reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and ...
February 2013
2 pages
Safety Glass Market in Singapore
US$ 653.00
... THIS MARKET STUDY ANSWERS TO QUESTIONS SUCH AS: What is the size of the safety glass market in Singapore? How is the market divided into different types of products? Which products are growing fast? How the market has been developing? How does the future look like? What is ...
February 2013
21 pages
Turbine Market in Singapore
US$ 653.00
... THIS MARKET STUDY ANSWERS TO QUESTIONS SUCH AS: What is the size of the turbine market in Singapore? How is the market divided into different types of products? Which products are growing fast? How the market has been developing? How does the future look like? What is ...
February 2013
22 pages
Food and Beverage Processing Machinery Market in Singapore
US$ 653.00
... actual market situation, trends and future outlook for food and beverage processing machinery in Singapore. The study provides essential market information ... TO QUESTIONS SUCH AS: What is the size of the food and beverage processing machinery market in Singapore? How is the market divided into different ...
February 2013
28 pages
Sewing Machine Market in Singapore
US$ 653.00
... THIS MARKET STUDY ANSWERS TO QUESTIONS SUCH AS: What is the size of the sewing machine market in Singapore? How is the market divided into different types of products? Which products are growing fast? How the market has been developing? How does the future look like? What is the ...
January 2013
22 pages
Internal Combustion Engine Filter Market in Singapore
US$ 653.00
... ANSWERS TO QUESTIONS SUCH AS: What is the size of the internal combustion engine filter market in Singapore? How is the market divided into different types of products? Which products are growing fast? How the market has been developing? How does the future look like? What is ...
January 2013
19 pages
Construction and Mining Machinery Market in Singapore
US$ 653.00
... TO QUESTIONS SUCH AS: What is the size of the construction and mining machinery market in Singapore? How is the market divided into different types of products? Which ... Pile-extractors and pile-drivers Road rollers, compacting and tamping machinery Rock and coal cutters Scrapers Track-laying tractors Other ...
January 2013
31 pages
Glass Packaging Market in Singapore
US$ 649.00
... This market study answers to questions such as: What is the size of the glass packaging market in Singapore? How is the market divided into different types of products? Which products are growing fast? How the market has been developing? How does the future look like? What is ...
December 2012
20 pages
Iron and Steel Fasteners Market in Singapore
US$ 649.00
... study answers to questions such as: What is the size of the iron and steel fasteners market in Singapore? How is the market divided into different types of products? Which products are growing fast? How the market has been developing? How does the future look like? What is the ...
December 2012
27 pages
Televisions and Projectors in Singapore
US$ 990.00
... trend of having more than one television was evident in Singaporean homes. In addition, as retail prices of televisions and projectors declined and retailers implemented bundle promotions, an increase in volume sales occurred. Euromonitor International's Televisions and Projectors in Singapore report offers ...
December 2012
24 pages
Video Players in Singapore
US$ 990.00
... are able to enjoy the latest videos and music at no cost. In addition, consumers are able... Euromonitor International's Video Players in Singapore report offers a comprehensive guide ... of the Video Players market; Pinpoint growth sectors and identify factors driving change; Understand the competitive environment, the market’s major players and ...
December 2012
19 pages
Contract Logistics in Singapore
US$ 1,295.00
... markets across five key sectors. Extracted from Analytiqa's Asia Pacific Logistics 2012 report, this country report has been published due to ... had from outsourcing) does not necessarily equate to an equivalent growth in the contract logistics market as 3PL's continue to operate under extreme margin pressures. ...
August 2012
45 pages
Analyzing the Hair Care Market in Singapore
US$ 300.00
... of the hair care market in Singapore. The report begins with an analysis of the basics of hair care and then moves on to analyze the hair care industry in Singapore. The report analyzes the market segmentation, market share ...
August 2012
60 pages
Ear Care in Singapore
US$ 990.00
... low awareness of ear care products, limiting potential demand amongst consumers who choose from what is available. Euromonitor International's Ear Care in Singapore report offers a comprehensive ... books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and ...
May 2012
19 pages
Medicated Skin Care in Singapore
US$ 990.00
... ; the increased participation in sport in Singapore’s humid weather can be said to be a factor in this regard. Euromonitor International's Medicated Skin Care in Singapore report offers a comprehensive guide to the ... Treatments, Haemorrhoid Treatments, Hair Loss Treatments, Medicated Shampoos, Nappy (Diaper) Rash Treatments, Paediatric Medicated Skin Care, Topical Allergy Remedies/Antihistamines, Topical Antifungals ...
May 2012
25 pages
Residential Water Treatment Market: Singapore
US$ 1,000.00
... Brita, Panasonic, Novita, among others. Market Definition by Product For the purposes of this study a residential water treatment (RWT) system is defined as: Point ... ) systems: Point-of-entry or whole house systems treat all the water entering the home. Point-of-use counter top (CT) systems: Counter ...
April 2012
