Singapore Recommerce Market Report 2025: CAGR of 12.3% Anticipated in Singapore's Recommerce Market Through 2029 - ResearchAndMarkets.com

The "Singapore Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment - Q2 2025 Update" report has been added to ResearchAndMarkets.com's offering.

The recommerce market in Singapore is poised for strong growth, with projections indicating a 14.5% annual increase, reaching USD 2.37 billion by 2025. This market, which saw a compound annual growth rate (CAGR) of 17.5% between 2020 and 2024, is anticipated to continue its upward trend at a CAGR of 12.3% from 2025 to 2029. By the end of 2029, the recommerce market is expected to expand to approximately USD 3.77 billion.

This report provides a detailed data-centric analysis of the recommerce market in Singapore, covering market opportunities and risks across consumer segments (peer-to-peer and business-led resale); product categories; sales channels; and resale formats. With over 60+ KPIs at the country level, this report provides a comprehensive understanding of recommerce market dynamics.

It offers a comprehensive analysis of market dynamics in the recommerce market, segmented by recommerce channels (C2C, B2C, trade-in programs), sales models (resale, rental, refurbishment), platform types (generalist and vertical-specific), digital engagement (app, website, social media), and retail categories (electronics, apparel, home goods, and more). In addition, it provides a snapshot of consumer behaviour, device usage, payment preferences, and city-level penetration across Tier 1 to Tier 3 cities.

Reasons to buy

• Market Insights for Growth and Innovation: Navigate the future direction of the recommerce market by understanding business models adopted by key players - including resale, refurbishment, and rental formats. Leverage market share estimates to assess innovation, positioning, and growth opportunities.
• In-depth Understanding of Recommerce Market Dynamics: Gain a detailed view of market structure and growth trends across core sectors such as retail shopping, automotive, and home improvement. Understand key drivers shaping recommerce adoption through 2029.
• Value and Volume KPIs for Market Sizing: Utilize gross merchandise value (GMV), transaction volume, and average transaction value at the national level to quantify the overall market opportunity with precision.
• Competitive Landscape and Market Share Intelligence: Benchmark against leading recommerce players using market share data across categories and channels. Inform strategic decisions by understanding the current and emerging competitive landscape.
• Channel-Level and Digital Engagement Insights: Identify high-growth channels including C2C, B2C, and retailer-led trade-in programs. Track consumer activity across app, web, and social platforms to align digital strategies with behavior.
• Consumer Segmentation and Demand Patterns: Target growth opportunities by analyzing consumer behavior segmented by age group, income level, gender, and city tier. Adapt business models to evolving spending dynamics and platform preferences.

Key Attributes:

Report Scope

This report offers a comprehensive, data-centric analysis of the recommerce market in Singapore, supported by 40+ tables and 55+ charts. The databook provides detailed forecasts and key performance indicators across transaction value, volume, and market share trends from 2020 to 2029. Below is a summary of the key market segments covered:

Singapore Recommerce Market Size and Growth Dynamics

• Gross Merchandise Value (GMV) Trend Analysis
• Average Transaction Value Trend Analysis
• Transaction Volume Trend Analysis

Singapore Recommerce Market Size and Forecast by Sector

• Retail Shopping
• Home Improvement
• Other Sectors

Singapore Recommerce Market Size and Forecast by Retail Category

• Apparel & Accessories
• Consumer Electronics
• Home Appliances
• Home Decor & Essentials
• Books, Toys & Hobbies
• Automotive Parts & Accessories
• Sports & Fitness Equipment
• Other Product Categories

Singapore Recommerce by Channel

• Consumer-to-Consumer (C2C)
• Business-to-Consumer (B2C)
• Retailer Trade-In & Buyback Programs

Singapore Recommerce by Sales Model

• Resale
• Rental
• Refurbishment & Certified Pre-Owned

Singapore Recommerce by Digital Engagement Channel

• Website-Based Resale
• App-Based Resale
• Social Media Driven Resale

Singapore Recommerce by Platform Type

• Generalist Marketplaces
• Vertical-Specific Platforms

Singapore Recommerce by Device and OS

• Mobile vs Desktop
• Android, iOS

Singapore Recommerce by City Tier

• Tier 1 Cities
• Tier 2 Cities
• Tier 3 Cities

Singapore Recommerce by Payment Instrument

• Credit Card
• Debit Card
• Bank Transfer
• Prepaid Card
• Digital & Mobile Wallets
• Other Digital Payments
• Cash

Singapore Recommerce Market Share Analysis

• Market Share by Key Players
• Competitive Landscape Overview

Singapore Recommerce by Consumer Demographics

• Market Share by Age Group
• Market Share by Income Level
• Market Share by Gender

For more information about this report visit https://www.researchandmarkets.com/r/gf9qms

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View source version on businesswire.com: https://www.businesswire.com/news/home/20250626579178/en/