+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Singapore Air Freight Market Summary, Competitive Analysis and Forecast to 2027

  • PDF Icon

    Report

  • 45 Pages
  • March 2023
  • Region: Singapore
  • MarketLine
  • ID: 5835271
Air Freight in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The air freight sector is defined as consisting of revenues generated from freight transportation by air.
  • The Singaporean air freight sector had total revenues of $2.4 billion in 2022, representing a negative compound annual growth rate (CAGR) of 12.2% between 2017 and 2022.
  • Sector consumption volumes declined with a negative CAGR of 15.3% between 2017 and 2022, reaching a total of 3.1 billion FTK in 2022.
  • The Singaporean air freight sector has declined recently owing to several factors such as increasing interest rates and rising inflation. High-interest rates reduce access to credit for the companies involved, thereby reducing the volume of investment which negatively impacts air freight.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the air freight market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the air freight market in Singapore
  • Leading company profiles reveal details of key air freight market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Singapore air freight market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Singapore air freight market by value in 2022?
  • What will be the size of the Singapore air freight market in 2027?
  • What factors are affecting the strength of competition in the Singapore air freight market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore's air freight market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Geography segmentation
1.4. Market rivalry
1.5. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What is the rationale behind recent M&A activity in the market?
8 Company Profiles
8.1. Singapore Airlines Ltd
8.2. United Parcel Service, Inc.
8.3. Deutsche Post AG
8.4. FedEx Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: Singapore air freight sector value: $ million, 2017-22
Table 2: Singapore air freight sector geography segmentation: $ million, 2022
Table 3: Singapore air freight sector value forecast: $ million, 2022-27
Table 4: Singapore Airlines Ltd: key facts
Table 5: Singapore Airlines Ltd: Annual Financial Ratios
Table 6: Singapore Airlines Ltd: Key Employees
Table 7: Singapore Airlines Ltd: Key Employees Continued
Table 8: United Parcel Service, Inc.: key facts
Table 9: United Parcel Service, Inc.: Annual Financial Ratios
Table 10: United Parcel Service, Inc.: Key Employees
Table 11: United Parcel Service, Inc.: Key Employees Continued
Table 12: Deutsche Post AG: key facts
Table 13: Deutsche Post AG: Annual Financial Ratios
Table 14: Deutsche Post AG: Key Employees
Table 15: FedEx Corp: key facts
Table 16: FedEx Corp: Annual Financial Ratios
Table 17: FedEx Corp: Key Employees
Table 18: FedEx Corp: Key Employees Continued
Table 19: Singapore size of population (million), 2018-22
Table 20: Singapore gdp (constant 2005 prices, $ billion), 2018-22
Table 21: Singapore gdp (current prices, $ billion), 2018-22
Table 22: Singapore inflation, 2018-22
Table 23: Singapore consumer price index (absolute), 2018-22
Table 24: Singapore exchange rate, 2018-22
List of Figures
Figure 1: Singapore air freight sector value: $ million, 2017-22
Figure 2: Singapore air freight sector geography segmentation: % share, by value, 2022
Figure 3: Singapore air freight sector value forecast: $ million, 2022-27
Figure 4: Forces driving competition in the air freight sector in Singapore, 2022
Figure 5: Drivers of buyer power in the air freight sector in Singapore, 2022
Figure 6: Drivers of supplier power in the air freight sector in Singapore, 2022
Figure 7: Factors influencing the likelihood of new entrants in the air freight sector in Singapore, 2022
Figure 8: Factors influencing the threat of substitutes in the air freight sector in Singapore, 2022
Figure 9: Drivers of degree of rivalry in the air freight sector in Singapore, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Singapore Airlines Ltd
  • United Parcel Service, Inc.
  • Deutsche Post AG
  • FedEx Corp

Table Information