Press Release

A USD 6.12 Billion Singapore Dropshipping Market to Accelerate at a CAGR of 18.98% During 2025-30

The Singapore dropshipping market size was valued at around USD 6.12 billion in 2024 and is projected to reach USD 19.43 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 18.98% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The market’s growth is attributed to the rapid expansion of e-commerce in the country. This is mainly due to the presence of a strong digital infrastructure, high internet & smartphone penetration, and a tech-savvy population with a huge presence on social media in Singapore. For instance, in 2023, smartphone penetration in Singapore has reached 97% with 99% of residents having internet connectivity as per the Infocomm Media Development Authority.

Moreover, GenZ, represents around 30% of Singapore’s population, with over 70% of them prefer to shop online.  45% of GenZ prefer online shopping through social media platforms like TikTok and Instagram. This is mainly due to the country having a vibrant influencer culture, that would do live streams thereby directly appealing to the emotional aspects of the audience and adding a trust factor to the product purchase. These developments present a healthy prospect for the growth of dropshipping in Singapore, further states the research report, “Singapore DropShipping Market Analysis, 2025.”

Segmentation Analysis

Electronics is a Leading Product Type in the Market

Based on the product type, the market is further bifurcated into Electronics, Toys, Furniture, Healthcare, Fashion, DIY, Personal Care, Household and Kitchen Care, and Others. Electronics type products hold the largest share in the Singapore Dropshipping Market. This is primarily due to the ability to adopt a new technology is high in the population of Singapore. In Singapore, there is a high digital penetration according to the Infocomm Media Development Authority every resident household in Singapore has internet connectivity. Additionally, around 98% of households with school-going children have access to computers. This makes the population living in Singapore a tech-savvy one, resulting in higher purchases of electronics goods in the country.

Apart from this, Amazon, which is the third most popular e-commerce website in Singapore revealed that in 2023, electronics items were in trend. This was particularly true for consumer electronics products like wireless smart living devices, PC and Computer accessories, etc. For dropshipping most of the time products that the merchant offers on their online store keep changing depending on their popularity among the consumers. Hence, it is likely that fashion will surpass electronics due to the gradual movement away from the work-from culture resulting in the opening of offices.

Central Region Leads the Market

In the Singapore Dropshipping Market, the central region holds the biggest market share. This is primarily due to the region housing more than a million residents and also has the highest per capita income out of all the regions in Singapore. Additionally, the region is a key commercial and business hub where the affluent population of Singapore lives, making the region an important geography for dropshipping merchants. Moreover, these circumstances make the region where there is a huge demand for high-end and premium products like electronics, fashion, beauty, etc. This makes the central region an important region where drop shippers operating in Singapore would find large transactions in terms of value and volume.

Competitive Landscape

With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including DSers, SaleHoo, Printful, Spocket, CJ Dropshipping, AliExpress, Modalyst, Wholesale Central, Doba, eBay, SHEIN Fashion, and Others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the country?
4. How has the industry been evolving in terms of geography & service adoption?
5. How has the competition been shaping up across the country?
6. How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?