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Online Travel Sales to Country Residents in
Singapore

Country Report

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Executive Summary

Sep 2017
TRENDS

Online travel sales to residents continued to register strong value growth in 2017, with a sales rise of 6%. In general, more and more Singaporeans are choosing to do their travel planning, from sourcing to booking, online and on their own. According to a study by metasearch site KAYAK, the number of Singaporeans referring to online travel agents (OTAs), social media and blogs for travel inspiration has increased more than two-fold compared with just 10 years ago. The proportion of Singaporeans making travel bookings online has also increased substantially, to 89%; whereas 10 years prior it was just 36%.

PROSPECTS

In the forecast period, the online travel sales to residents category is expected to achieve a value CAGR of 8% at constant 2017 prices, and reach SGD8.8 billion in 2022. Singaporeans’ preference for using online channels for almost the entire travel planning process will only increase in the future, and the presence of metasearch engines will only make online travel planning and booking more efficient and attractive for them.

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Online Travel Sales To Residents in Singapore

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Overview:

Discover the latest market trends and uncover sources of future market growth for the Online Travel Sales to Country Residents industry in Singapore with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Online Travel Sales to Country Residents industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.

The Online Travel Sales to Country Residents in Singapore market research report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation
  • Historic volumes and values, company and brand market shares
  • Five year forecasts (of market share, market trends, market growth)
  • Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

  • What is the market size of Online Travel Sales to Country Residents in Singapore?
  • What are the major brands in Singapore?  

Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Travel And Tourism market research database.

Each report is delivered with the following components:

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  • Market statistics: Excel workbook