Singapore is a sophisticated market with high purchasing power and strong e-commerce adoption. As a business-friendly hub for Southeast Asia, it serves as an excellent test market for regional expansion.
Population
5.7 Million
GDP
$397 Billion
Internet Penetration
92%
E-commerce Growth
+16% YoY
Singaporean consumers are tech-savvy, brand-conscious, and value quality. High mobile and social media usage. Strong preference for convenience and fast delivery. Cross-border shopping is common.
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Cost: $30-50/year
Requires local business presence or registered trademark
English (official), Malay, Mandarin, Tamil
Business Culture: Westernized business practices with Asian values. Efficient, transparent, and rule-based. Relationships important but contracts are paramount.
.sg
Requires local business presence or registered trademark
Cost: $30-50/year
Yes, English is the primary business language and one of four official languages. All business can be conducted in English, though including other languages shows cultural respect.
Shopee and Lazada dominate, followed by Qoo10. Amazon has limited presence. Social commerce via Instagram and Facebook is also significant.
Extremely important. Singaporean consumers expect same-day or next-day delivery due to the small geography. Consider partnering with local logistics providers.
Create a brand identity tailored for the Singapore market