According to the Ministry of Trade and Industry, Singapore''s economic growth for 2022 is expected to be between 3.6%, with a long-term average growth rate of
READ MOREDownload our 2024 market outlook and salary trends report to get the latest market and talent insights in this dynamic field. Under the Food Manufacturing Industry Transformation Map 2025, Singapore aims to become a "trusted food and nutrition leader", and is currently the only country in the world to approve the sale of lab-grown meat.
READ MORESingapore ICT - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029. The Singapore ICT Market size is estimated at USD 47.88 billion in 2024, and is expected to reach USD 76.67 billion by 2029, growing at a CAGR of 8.31% during the forecast period (2024-2029). Singapore is one of the global leaders in technology
READ MOREThe COVID-19 pandemic had a complex impact on the Singapore Plastics and Rubber Products Market. The decline in manufacturing and construction activities negatively affected demand in sectors like building and construction. However, the packaging industry saw increased demand, particularly for personal protective equipment and medical supplies.
READ MOREThe economy of Singapore is facing dynamic shifts as evidenced by recent trade data. Advanced GDP figures revealed a contraction of 0.7% quarter on quarter seasonally adjusted (q/q sa) in Q1 2023, following a marginal rise of 0.1% in the preceding quarter. The data, however, suggests an improvement in Q2. The trade landscape of
READ MOREThe Singapore Telecom market is valued at USD 2.84 billion in the current year and is expected to register a CAGR of 1.41% during the forecast period to become USD 3.04 billion by the next five years. The country''s telecommunication industry is dominated by Singapore Telecommunications Limited (Singtel), StarHub Limited, and M1 Limited,
READ MOREThe Singapore leather market is projected to grow at a CAGR of 6.2% from 2020 to 2026. The increasing demand for luxury accessories, footwear, and upholstery products is expected to be the major driving factor for this growth. In addition, rising disposable income and rapid urbanization are likely to fuel the growth of the leather industry in
READ MOREUnderstanding the emerging hiring trends becomes paramount as businesses navigate this transformative landscape. Related: Top 10 highest-paying jobs in Singapore for 2023. FMCG and Retail: Embracing AI and omnichannel marketing for growth. The FMCG and Retail sector actively recruits professionals for e-commerce,
READ MOREAn animated overview of the Singapore economy, presenting the latest GDP, growth and industry breakdown, latest data and partners in investments in Singapore and abroad,
READ MOREThe Digital Advertising market in Singapore is projected to grow by 7.69% (2024-2028) resulting in a market volume of US$2,312.0m in 2028.
READ MOREThe Singapore E-Commerce Market was valued at USD 5.21 billion the previous year and is expected to register a CAGR of 11.00%, reaching USD 9.58 billion by the next five years. Live video broadcast over the internet to promote and sell goods and services is known as live streaming in the e-commerce business. Shopee and Lazada are two e-commerce
READ MOREStatistics for the 2024 Singapore Retail market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Singapore Retail analysis includes a
READ MOREThe Skin Care market in Singapore is projected to grow by 0.57% (2024-2028) resulting in a market volume of US$340.70m in 2028. Industry & Market reports. and exponential trend smoothing
READ MOREThe economy of Singapore is a reflection of its resilient and adaptable nature, as evidenced by the dynamic landscape that it presents. Despite uncertainties in the global economic scene, Singapore continues to thrive thanks to advancements in technology-driven industries, a focus on sustainability through green initiatives, and
READ MOREThe Singapore Insurtech Market size in terms of investment value is expected to grow from USD 142.07 million in 2024 to USD 225.08 million by 2029, at a CAGR of 9.64% during the forecast period (2024-2029). The market is set for significant growth, driven by the rise of innovative products and services catering to evolving consumer demands.
READ MOREThis article will delve into Randstad Singapore''s 2024 market and salary outlook report which includes key labour trends and employer insights on salaries,
READ MOREHospitality Industry in Singapore Market Overview. The hospitality industry in Singapore is experiencing significant growth, fueled by a combination of positive influences. This vibrant market, valued at USD 1296.47 million in 2023, is projected to reach USD 2,045.99 million by 2032. This expansion reflects a compound annual growth rate
READ MOREThe Singapore Arts and Crafts Market is expected to register a steady CAGR of 6.7% during the forecast period (2020-2026). This growth can be attributed to the rise in demand for arts and crafts products by local retailers, as well as growing tourist attraction due to increasing disposable incomes of citizens.
READ MORESingapore. Highlights. In Singapore, the Jewelry market recorded a revenue of US$1.31bn in 2024. This market is projected to experience an annual growth rate of 1.68% from 2024 to 2028 (CAGR 2024
READ MOREThe IT Services market in Singapore is projected to grow by 5.84% (2024-2029) resulting in a market volume of US$16.20bn in 2029.
READ MOREIn the highly competitive Singapore retail market, several major players lead the industry. Prominent retailers include SingaMall Group, ShopHub Singapore, MegaMart Retail, and
READ MOREThe industrial mixers and blenders market in Singapore is estimated to register an impressive growth rate of 5.7% during the forecast period, 2020-2026. The growing demand for processed food products from the hospitality sector and increasing automation in various industries are driving the market`s growth in Singapore.
READ MOREThe IT Services market in Singapore is projected to grow by 5.84% (2024-2029) resulting in a market volume of US$16.20bn in 2029. Industry & Market reports. One of the major trends in the
READ MORECushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the
READ MOREWeb3 and Beyond. The inaugural Singapore Blockchain Week (SGBCW) in 2022 brought together panelists, moderators, and keynote speakers representing the lively Asian and international
READ MOREMarching to a different beat | Q4 2023 Singapore Industrial Market Report. Download Report. Industrial price and rental indices continued its thirteenth
READ MOREBanking & Finance: Singapore''s Banking & Finance industry had a 68% surge in job ads and 10-34% salary increases. Education: The Education sector witnessed a 105% surge in job listings. Salaries in education increased by 21%, indicating a positive trend in alignment with the sector''s growth. Computer/IT: The tech sector, especially
READ MOREIn 2023, for example, it is projected that the world whole food market will be expected to generate sales of approximately US$12.0 billion with an annual growth rate of 4.56%, with industry data indicating a positive trend in both sales trends and overall industry and company performance trends. What are the popular trends in Singapore?
READ MOREThe growth of the Singapore food and beverages market is influenced by factors such as culinary diversity, dining trends, and consumer preferences. The food and beverages market encompasses a wide range of products and cuisines. Growth drivers include the demand for diverse and innovative food and beverage options, innovations in food
READ MORESingapore has transformed the hospitality industry by setting trends including technological innovation, sustainability, and holistic wellness. Singapore gears up to reposition itself for a shift in demand and new travel trends, holistic wellness will be a key strategy and benefit players providing hospitality-related services to upscale the
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