According to source, E-commerce revenue in Singapore is estimated at $7 Billion by 2022 and increasing with a growth rate of more than 11%.
With a population of more than 5.90 Million people, Singapore has an internet penetration rate of 97% which plays a vital role in the development of E-commerce industry in Singapore.
Zalora and Lazada are the biggest E-commerce players in Singapore at the present moment.
Online selling platforms and marketplaces in Singapore are playing a vital role in the development of E-commerce industry across the country.
Top selling products in Singapore
- Skin & Hair care
- Electronic gadget
- Mobile accessories
- Shoes
- Beauty items
- Kitchenware
- Clothing
- Health supplement
- Personal care
- Home essentials