PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1580768
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1580768
Singapore Freight and Logistics Market Introduction and Overview
According to SPER Market Research, 'Singapore Freight and Logistics Market Size- By Shipping Type, By Services, By End-Use Industry Forecast, to 2033' states that the Singapore Freight and Logistics Market is estimated to reach USD 108.71 billion by 2033 with a CAGR of 4.21%.
Logistic management is the overall process of controlling the acquisition, storage, and delivery of resources to their final location. It combines knowledge, experience, and human resources to make sure that cargo is moved between shippers and carriers without hiccups. Transportation and storage of goods, including food, tools, supplies, liquids, personnel, and materials, from one location to the storage of the final destination is known as logistics.
The Singapore freight and logistics market was greatly impacted by the COVID-19 outbreak. Travel and movement limitations, along with delays in global trade, presented hurdles for the sector. Cargo volumes fell as a result of lower manufacturing and demand, which cost logistics companies money. Supply chain interruptions, such as labor shortages and transportation delays, also have an impact on logistical operations.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Shipping Type, By Services, By End Use Industry
Regions covered Eastern Region, Southern Region, Western Region, Northern Region
Companies Covered A.P. Moller a€" Maersk, C.H Robinson, CMA CGM, DB Schenker, Deutsche Post DHL Group, DP World, DSV, FedEx, GEODIS, Kerry Logistics.
Singapore Freight and Logistics Market Segmentation:
By Shipping Type: Based on the Shipping Type, Singapore Freight and Logistics Market is segmented as; Roadways, Railways, Waterways, Airways.
By Services: Based on the Services, Singapore Freight and Logistics Market is segmented as; Inventory Management, Packaging, Warehousing, Transportation, Distribution, Custom Clearance.
By End Use Industry: Based on the End Use Industry, Singapore Freight and Logistics Market is segmented as; Agriculture, Fishing & Forestry, Construction, Manufacturing, Oil & Gas, Mining & Quarrying, Wholesale & Retail Trade.
By Region: This research also includes data for Eastern Region, Southern Region, Western Region, Northern Region.