Singapore Freight And Logistics - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-08-01 I 120 Pages I Mordor Intelligence
Singapore Freight And Logistics Market Analysis
The Singapore freight and logistics market size is valued at USD 24.53 billion in 2025 and is forecast to reach USD 33.33 billion by 2030, reflecting a 6.32% CAGR through the period. Robust throughput at PSA's terminals, a 50% uplift in Changi's planned cargo capacity, and steady policy support for digital adoption anchor this momentum. Cold-chain projects, 5G-enabled port operations, and direct long-haul freighter lanes are steering the Singapore freight and logistics market toward higher-value, time-critical flows. Manufacturers relocating some production from China to ASEAN now route an increasing share of high-tech and pharmaceutical cargo through the city-state, drawn by fully automated yard equipment and near-instant customs clearance. Competition from Malaysian ports is heightening, yet Singapore offsets cost disadvantages with superior reliability, visibility, and multimodal speed.
Singapore Freight And Logistics Market Trends and Insights
Tuas Mega-Port Capacity Expansion Transforms Regional Container Flows
Phase 1 went live in 2022 and pushed aggregate throughput past 40 million TEUs in 2024, while automated cranes and autonomous vehicles cut berth times by 25%. The SGD 20 billion (USD 15.15 billion) build-out ultimately elevates capacity to 65 million TEUs, ensuring the Singapore freight and logistics market stays ahead of lower-cost Malaysian alternatives.
Digital Plan 2.0 Accelerates Cold-Chain and Automation Investments
Government co-funding drives IoT sensors, blockchain tracing, and robotic picking. DHL's EUR 500 million (USD 551.82 million) pharma hub integrates real-time temperature control across 8,200 m, illustrating how digitization captures premium life-science flows.
Industrial Land Cost Inflation Pressures Operator Profitability
Average JTC rentals reached SGD 16-45 (USD 12.12- 34.08) per m per month in 2024, squeezing smaller forwarders. Many relocate overflow storage to Johor while retaining Singapore for high-velocity cargo. Larger operators leverage automation to lift space productivity and offset rent hikes, sustaining presence in the Singapore freight and logistics market.
Other drivers and restraints analyzed in the detailed report include:
Pharmaceutical and Aerospace MRO Output Drives Specialized Logistics Demand / Customs Efficiency Enhancement Strengthens Transshipment Competitiveness / Foreign Worker Policy Tightening Constrains Capacity Expansion /
For complete list of drivers and restraints, kindly check the Table Of Contents.
Segment Analysis
Wholesale and retail trade represented 30.82% of 2024 turnover, a testament to Singapore's heritage as a distribution entrepot. Manufacturing, led by pharmaceuticals and aerospace, will outpace all other segments at 6.83% CAGR between 2025-2030, shifting focus toward validated cold-chain, time-critical services and boosting the Singapore freight and logistics market.
Construction logistics stays buoyant on ASEAN infrastructure builds, while agriculture, fishing, and forestry flows rely on Singapore's stringent food-safety regime. Oil and gas volumes are steady, benefiting from the city-state's role as a bunkering hub.
Freight transport generated 61.33% of 2024 revenue, cementing its place at the core of the Singapore freight and logistics market. Sea and inland waterways lifted significant segment revenue, while air freight booked a 7.13% CAGR between 2025-2030, thanks to semiconductor and vaccine movements. Road freight handled 130.27 million tons in 2024 but remains constrained by land scarcity. Pipelines moved 97.36 million tons of petrochemicals, a steady yet mature niche.
Courier, Express, and Parcel (CEP) is gathering speed, advancing 7.27% CAGR (2025-2030) as cross-border e-commerce demands next-day transit across ASEAN. Warehousing revenues stay resilient, but temperature-controlled space is growing twice as fast as ambient sheds. Freight forwarding thrives on customs speed; air forwarding in particular, benefits from direct Singapore-US freighter links that cut lead times by one full day. Together, these shifts illustrate how the Singapore freight and logistics market is evolving from pure transshipment to an integrated digital supply-chain platform.
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).
List of Companies Covered in this Report:
A.P. Moller - Maersk / CJ Logistics Corporation / CMA CGM Group (Including CEVA Logistics) / CWT Pte, Ltd. / DHL Group / DSV A/S (Including DB Schenker) / FedEx / GEODIS (Including Keppel Logistics Pte Ltd.) / Kuehne+Nagel / Nippon Express Holdings, Inc. / Pacific International Lines Pte, Ltd. / Poh Tiong Choon Logistics, Ltd / PSA International / SATS, Ltd. / SF Express (KEX-SF) / Singapore Post, Ltd. / ST Logistics Pte, Ltd. / United Parcel Service of America, Inc. (UPS) / Vibrant Group, Ltd. / Yamato Holdings Co., Ltd. / YCH Group /
Additional Benefits:
The market estimate (ME) sheet in Excel format /
3 months of analyst support /
1 Introduction
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 Research Methodology
3 Executive Summary
4 Market Landscape
4.1 Market Overview
4.2 Demographics
4.3 GDP Distribution by Economic Activity
4.4 GDP Growth by Economic Activity
4.5 Inflation
4.6 Economic Performance and Profile
4.6.1 Trends in E-Commerce Industry
4.6.2 Trends in Manufacturing Industry
4.7 Transport and Storage Sector GDP
4.8 Export Trends
4.9 Import Trends
4.10 Fuel Price
4.11 Logistics Performance
4.12 Modal Share
4.13 Freight Pricing Trends
4.14 Freight Tonnage Trends
4.15 Infrastructure
4.16 Regulatory Framework (Road and Rail)
4.17 Regulatory Framework (Sea and Air)
4.18 Value Chain and Distribution Channel Analysis
4.19 Market Drivers
4.19.1 Tuas Mega-Port Capacity Expansion Fueling Overall Sea-Freight Volumes in Singapore
4.19.2 Logistics Industry Digital Plan 2.0 Incentivizing Automation and Cold-Chain Investments
4.19.3 Pharma and Aerospace MRO Output Surges, Driving Demand for Time-Critical, Temperature-Controlled Services
4.19.4 Supply Chain Diversification from China-Centric Models Boosting Singapore as Alternative Hub
4.19.5 99% of Customs Permits Cleared Within 10 Minutes Enhancing Trans-Shipment Attractiveness
4.19.6 Changi East (T5) Expansion Lifting Air-Cargo Capacity to 4.5 Million Tons in the Airport
4.20 Market Restraints
4.20.1 Escalating Industrial Land and Warehouse Rents Compressing Operator Margins
4.20.2 Manpower Crunch from Tighter Foreign-Labor Quotas and Aging Workforce Curtailing Growth
4.20.3 Despite a Significant Land Coverage, the Country Faces Limited Domestic Road-Freight Capacity
4.20.4 Rising Competition Witnessed from Port Klang and Tanjung Pelepas for Trans-Shipment Flows
4.21 Technology Innovations in the Market
4.22 Porter's Five Forces Analysis
4.22.1 Threat of New Entrants
4.22.2 Bargaining Power of Suppliers
4.22.3 Bargaining Power of Buyers
4.22.4 Threat of Substitutes
4.22.5 Competitive Rivalry
5 Market Size and Growth Forecasts (Value, USD)
5.1 End User Industry
5.1.1 Agriculture, Fishing, and Forestry
5.1.2 Construction
5.1.3 Manufacturing
5.1.4 Oil and Gas, Mining and Quarrying
5.1.5 Wholesale and Retail Trade
5.1.6 Others
5.2 Logistics Function
5.2.1 Courier, Express, and Parcel (CEP)
5.2.1.1 By Destination Type
5.2.1.1.1 Domestic
5.2.1.1.2 International
5.2.2 Freight Forwarding
5.2.2.1 By Mode of Transport
5.2.2.1.1 Air
5.2.2.1.2 Sea and Inland Waterways
5.2.2.1.3 Others
5.2.3 Freight Transport
5.2.3.1 By Mode of Transport
5.2.3.1.1 Air
5.2.3.1.2 Pipelines
5.2.3.1.3 Road
5.2.3.1.4 Sea and Inland Waterways
5.2.4 Warehousing and Storage
5.2.4.1 By Temperature Control
5.2.4.1.1 Non-Temperature Controlled
5.2.4.1.2 Temperature Controlled
5.2.5 Other Services
6 Competitive Landscape
6.1 Key Strategic Moves
6.2 Market Share Analysis
6.3 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, and Recent Developments)
6.3.1 A.P. Moller - Maersk
6.3.2 CJ Logistics Corporation
6.3.3 CMA CGM Group (Including CEVA Logistics)
6.3.4 CWT Pte, Ltd.
6.3.5 DHL Group
6.3.6 DSV A/S (Including DB Schenker)
6.3.7 FedEx
6.3.8 GEODIS (Including Keppel Logistics Pte Ltd.)
6.3.9 Kuehne+Nagel
6.3.10 Nippon Express Holdings, Inc.
6.3.11 Pacific International Lines Pte, Ltd.
6.3.12 Poh Tiong Choon Logistics, Ltd
6.3.13 PSA International
6.3.14 SATS, Ltd.
6.3.15 SF Express (KEX-SF)
6.3.16 Singapore Post, Ltd.
6.3.17 ST Logistics Pte, Ltd.
6.3.18 United Parcel Service of America, Inc. (UPS)
6.3.19 Vibrant Group, Ltd.
6.3.20 Yamato Holdings Co., Ltd.
6.3.21 YCH Group
7 Market Opportunities and Future Outlook
7.1 White-Space and Unmet-Need Assessment
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.