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Market Research in Singapore and Southeast Asia

Researching emerging markets presents distinct challenges. Reliable information sources can be scarce, and conducting primary research in local languages is often more complex than in developed markets, as personal connections and unique local factors can play a significant role.

For over 20 years, we have assisted our clients in understanding emerging markets by carrying out comprehensive market research projects. With our expertise, we have developed a keen understanding of local challenges and can effectively differentiate between trustworthy and misleading information.

To help you navigate the Singapore and Southeast Asia market, we offer three key approaches: market research, market visits, and opportunity screening.

Market research is a critical tool for grasping Singapores and Southeast Asia regions unique conditions, including market size, competition, and emerging trends.

Singapore market research is pivotal for businesses aiming to navigate the unique characteristics of this global business hub, leveraging advanced technological infrastructure and consumer insights.

Southeast Asia region is a major hub for production and serves as a strategic export center for numerous industries, such as electronics, financial services, and logistics. Additionally, its location provides easy access to the broader ASEAN market, offering a gateway to over 600 million people in Southeast Asia.

If youre looking for a clear and well-structured report tailored to your questions about the Singapore and Southeast Asia market, we are the ideal partner for you.

We offer market research services for Singapore, Egypt, Turkey, the UAE, Morocco, and Tunisia markets.

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Mettetevi in contatto con noi

bernagurleyen

Signora Berna Y. Gurleyen

Responsabile del Centro di competenza-Servizi di ricerca

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+90 542 559 25 86
b.gurleyen@fmcgroup.com

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Advantages of conducting a Market Analysis in Singapore and Southeast Asia with FMC Group

Offriamo

  • Over 20 years of experience in market analysis within emerging markets.
  • Valuable insights tailored to your niche sector; we view the market from our clients’ perspectives, engage with the right individuals, and know how to sift through relevant data.
  • Customized research options, ranging from addressing specific questions to delivering a comprehensive market analysis complete with board presentations.
  • A flexible approach that allows for client involvement in project steering, enabling them to adapt the research focus based on new findings.
  • An advanced methodology for conducting market research.

FMC Group’s Market Research Methodology and Tools for Singapore and Southeast Asia

Disponiamo di una metodologia e di strumenti collaudati che possiamo facilmente personalizzare in base alle vostre esigenze di ricerca.

Ogni progetto di ricerca può essere una combinazione unica di:

  • Ricerca a tavolino
  • Interviste telefoniche
  • Interviste in profondità faccia a faccia
  • Visite in loco

Typical Scope for Market Research in Singapore and Southeast Asia

  • Market size and potential
  • Market structure in Singapore and Southeast Asia countries
  • Canali di vendita e distribuzione
  • Gli attori principali (concorrenza, clienti e altri stakeholder)
  • Tendenze e sviluppi
  • Analisi della posizione
  • Analisi SWOT

Our additional services to understand Singapore and Southeast Asia market:

Market visit to Singapore and Southeast Asia Countries

This service is often used as an alternative solution for a lower budget. Our clients are using it also in addition to a market research to discuss with stake holders face-to-face in Singapore and other countries in Southeast Asia.

We accompany such visits in Singapore or other Southeast Asia countires and give intercultural support in addition. Such visits are fully organized, starting from a pick-up at the airport to the travel organization with all visits, which is very helpful.

If personally traveling to Singapore or any specisific country in Southeast Asia is not an option, we can organize online meetings as well.

Opportunity screening in Singapore and Southeast Asia

Opportunity screening is a very pragmatic approach to understand the full potential of the Southeast Asia market. Usually we conduct a representative number of interviews with potential customers in Southeast to understand the full potential. The results are often used by our clients to contact the created leads.

Information about Singapore Market

QUICK FACTS ABOUT SINGAPORE

  • Official name: Republic of Singapore
  • Capital: Singapore (City-State)
  • Tipo di governo: Repubblica parlamentare
  • Federal structure: Unitary state
  • President: Halimah Yacob (since 2017)
  • Landmass: 728.6 km²
  • Currency: Singapore Dollar (SGD)
  • Major urban areas: Singapore (5.64 million)
  • Languages: English (official language), Malay, Mandarin, and Tamil are also widely spoken.
  • Religions: Singapore is a multi-religious society, with Buddhism, Christianity, Islam, Taoism, and Hinduism being the major religions.
  • Time zone: Singapore Standard Time (UTC + 08:00)
  • Telephone code: +65
  • Climate: Tropical rainforest climate
  • National holidays: National Day, 9 August (1965)

 

THE STRATEGIC LOCATION OF SINGAPORE

  • Neighboring countries: Singapore is located at the southern tip of the Malay Peninsula, with maritime borders to Malaysia to the north and Indonesia to the south.
  • Coastline: Approximately 193 km
  • Strategic location: Singapore is a key maritime hub in Southeast Asia, positioned along the Strait of Malacca, one of the world’s busiest shipping lanes. Its strategic location facilitates global trade and connects major shipping routes between the Indian Ocean and the South China Sea.

 

 POPULATION IN SINGAPORE

  • Population: Approximately 5.64 million (2023 est.)
  • Life expectancy: 81 years (men), 86 years (women) (2023 est.)
  • Population density: 7,800/km² (2023 est.)
  • Population growth rate: 0.7% (2023 est.)
  • Population distribution: The population is concentrated in the central and eastern regions, with the highest density in the central business district and residential areas. The majority of the population resides in public housing estates, with significant populations in areas like Bukit Merah, Bedok, and Jurong East.

 

THE SINGAPORE ECONOMY

  • GDP in current prices: USD 474.6 billion (2023 est.)
  • GDP growth: 3.5% (2023 est.)
  • GDP per capita: USD 84,600 (2023 est.)
  • Unemployment: 2.1% (2023 est.)
  • Inflation: 5.1% (2023 est.)

 

FOREIGN TRADE IN SINGAPORE

  • Total exports: USD 525.8 billion (2023)
  • Total imports: USD 576.8 billion (2023)
  • Trade balance: USD -51.0 billion (2023)
  • Main exports: Electronics (semiconductors, integrated circuits), petrochemicals, pharmaceuticals, machinery, and refined petroleum products.
  • Main imports: Electronics, mineral fuels and oils, machinery, and food and beverages.

 

FOREIGN DIRECT INVESTMENT IN SINGAPORE

According to the 2023 Global Investment Report published by UNCTAD, Singapore is the 4th largest FDI recipient in Asia. The majority of FDI is concentrated in sectors such as financial services, manufacturing, and information and communication technology.

  • FDI: USD 80.0 billion (2022)
  • FDI stock: USD 1.1 trillion (2022)

 

COMMUNICATION IN SINGAPORE

  • Total telephone subscriptions (fixed lines): Approximately 1.1 million (2022 est.)
  • Total mobile line subscriptions: Approximately 9.5 million (2022 est.)
  • Internet country code: .sg
  • Broadband – fixed subscriptions: Approximately 3.1 million (2022 est.)

 

TRANSPORTATION IN SINGAPORE

  • Number of airports: 1 international airport (Changi Airport)
  • Number of registered air carriers: 6 (2023)
  • Total railways: 231 km (2023)
  • Major seaports: Port of Singapore (one of the largest and busiest ports in the world)

 

GLOBAL PARTICIPATIONS OF SINGAPORE

APEC, ASEAN, and the ASEAN,(ARF), (NAM). G-20, G-77, IAEA, ICAO, (ICC) (IDB), (IMF), (IMO). (ISO), (ITU). (OECD),(OIC). (UN), UNESCO, UNIDO, (UNWTO), (WCO), (WHO), (WIPO), (WTO).

Esclusione di responsabilità: Sebbene le informazioni di cui sopra siano state attentamente studiate e compilate, non forniamo alcuna garanzia in merito all'attualità, alla correttezza e alla completezza.