According to PayNXT360, the recommerce market in Singapore is expected to grow by 14.5% on annual basis to reach US$2,371.4 million in 2025. The recommerce market in the country experienced robust gr...
According to PayNXT360, the recommerce market in Singapore is expected to grow by 14.5% on annual basis to reach US$2,371.4 million in 2025. The recommerce market in the country experienced robust growth during 2020-2024, achieving a CAGR of 17.5%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 12.3% during 2025-2029. By the end of 2029, the recommerce market is projected to expand from its 2024 value of USD 2,070.6 million to approximately USD 3,773.3 million. 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. PayNXT360’s research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view of emerging business and investment market opportunities.
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 Décor & 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
• 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.
1. About this Report 1.1. Summary 1.2. Methodology 1.3. Definition 1.4. Disclaimer 2. Singapore Recommerce Market Size and Future Growth Dynamics 2.1. Singapore Recommerce – Gross Merchandise Value Trend Analysis, 2020-2029 2.2. Singapore Recommerce – Average Value Per Transaction Trend Analysis, 2020-2029 2.3. Singapore Recommerce – Gross Merchandise Volume Trend Analysis, 2020-2029 2.4. Singapore Recommerce Market Share Analysis by Key Players, 2024 3. Singapore Recommerce Market Revenue, 2020-2029 4. Singapore Recommerce Market Share by Key Revenue Segments 4.1. Singapore Recommerce Market Share by Key Revenue Segments, 2020-2029 4.2. Singapore Recommerce Market by Ad-based revenues, 2020-2029 4.3. Singapore Recommerce Market Revenue by Commission, 2020-2029 4.4. Singapore Recommerce Market Revenue by Services & Refurbishment Fees, 2020-2029 5. Singapore Recommerce Market Size and Forecast by Key Sectors 5.1. Singapore Recommerce Market Share by Key Sectors, 2020-2029 5.2. Singapore Recommerce Retail Shopping – Gross Merchandise Value Trend Analysis, 2020-2029 5.3. Singapore Recommerce Home Improvement – Gross Merchandise Value Trend Analysis, 2020-2029 5.4. Singapore Recommerce Other Sectors Gross Merchandise Value Trend Analysis, 2020-2029 6. Singapore Recommerce Market Size and Forecast by Retail Shopping Categories 6.1. Singapore Recommerce Market Share by Retail Shopping Categories, 2024 6.2. Singapore Recommerce Apparel and Accessories – Gross Merchandise Value Trend Analysis, 2020-2029 6.3. Singapore Recommerce Consumer Electronics – Gross Merchandise Value Trend Analysis, 2020-2029 6.4. Singapore Recommerce Home Appliances – Gross Merchandise Value Trend Analysis, 2020-2029 6.5. Singapore Recommerce Home Decor & Essentials – Gross Merchandise Value Trend Analysis, 2020-2029 6.6. Singapore Recommerce Books, Toys & Hobbies – Gross Merchandise Value Trend Analysis, 2020-2029 6.7. Singapore Recommerce Automotive Parts & Accessories – Gross Merchandise Value Trend Analysis, 2020-2029 6.8. Singapore Recommerce Sports & Fitness Equipment – Gross Merchandise Value Trend Analysis, 2020-2029 6.9. Singapore Recommerce Other – Gross Merchandise Value Trend Analysis, 2020-2029 7. Singapore Recommerce Market Size and Forecast by Recommerce Channels 7.1. Singapore Recommerce Market Share by Recommerce Channels, 2020-2029 7.2. Singapore Recommerce Consumer to Consumer (C2C) Channel – Gross Merchandise Value Trend Analysis, 2020-2029 7.3. Singapore Recommerce Business to Consumer (B2C) Channel – Gross Merchandise Value Trend Analysis, 2020-2029 7.4. Singapore Recommerce by Retailer Trade-In and Buyback Programs Channel – Gross Merchandise Value Trend Analysis, 2020-2029 8. Singapore Recommerce Market Size and Forecast by Sales Model 8.1. Singapore Recommerce Market Share by Sales Model, 2020-2029 8.2. Singapore Recommerce Resale – Gross Merchandise Value Trend Analysis, 2020-2029 8.3. Singapore Recommerce Rental – Gross Merchandise Value Trend Analysis, 2020-2029 8.4. Singapore Recommerce by Refurbishment and Certified Pre-Owned – Gross Merchandise Value Trend Analysis, 2020-2029 9. Singapore Recommerce Market Size and Forecast by Digital Engagement Channel 9.1. Singapore Recommerce Market Share by Digital Engagement Channel, 2020-2029 9.2. Singapore Recommerce Website-Based – Gross Merchandise Value Trend Analysis, 2020-2029 9.3. Singapore Recommerce App-Based – Gross Merchandise Value Trend Analysis, 2020-2029 9.4. Singapore Recommerce by Social Media Driven – Gross Merchandise Value Trend Analysis, 2020-2029 10. Singapore Recommerce Market Size and Forecast by Platform Type 10.1. Singapore Recommerce Market Share by Platform Type, 2020-2029 10.2. Singapore Recommerce Generalist Marketplaces – Gross Merchandise Value Trend Analysis, 2020-2029 10.3. Singapore Recommerce Vertical-Specific Marketplaces – Gross Merchandise Value Trend Analysis, 2020-2029 11. Singapore Recommerce Market Size and Forecast by Device 11.1. Singapore Recommerce Market Share by Device, 2020-2029 11.2. Singapore Recommerce Mobile – Gross Merchandise Value Trend Analysis, 2020-2029 11.3. Singapore Recommerce Desktop – Gross Merchandise Value Trend Analysis, 2020-2029 12. Singapore Recommerce Market Size and Forecast by Operating System 12.1. Singapore Recommerce Market Share by Operating System, 2020-2029 12.2. Singapore Recommerce iOS – Gross Merchandise Value Trend Analysis, 2020-2029 12.3. Singapore Recommerce Android – Gross Merchandise Value Trend Analysis, 2020-2029 13. Singapore Recommerce Market Size and Forecast by Cities 13.1. Singapore Recommerce Market Share by Cities, 2020-2029 13.2. Singapore Recommerce Tier 1 Cities – Gross Merchandise Value Trend Analysis, 2020-2029 13.3. Singapore Recommerce Tier 2 Cities – Gross Merchandise Value Trend Analysis, 2020-2029 13.4. Singapore Recommerce Tier 3 Cities – Gross Merchandise Value Trend Analysis, 2020-2029 14. Singapore Recommerce Market Size and Forecast by Payment Instrument 14.1. Singapore Recommerce Market Share by Payment Instrument, 2020-2029 14.2. Singapore Recommerce Payment by Credit Card – Gross Merchandise Value Trend Analysis, 2020-2029 14.3. Singapore Recommerce Payment by Debit Card – Gross Merchandise Value Trend Analysis, 2020-2029 14.4. Singapore Recommerce Payment by Bank Transfer – Gross Merchandise Value Trend Analysis, 2020-2029 14.5. Singapore Recommerce Payment by Prepaid Card – Gross Merchandise Value Trend Analysis, 2020-2029 14.6. Singapore Recommerce Payment by Digital & Mobile Wallet – Gross Merchandise Value Trend Analysis, 2020-2029 14.7. Singapore Recommerce by Other Digital Payments – Gross Merchandise Value Trend Analysis, 2020-2029 14.8. Singapore Recommerce Payment by Cash – Gross Merchandise Value Trend Analysis, 2020-2029 15. Singapore Recommerce by Consumer Demographics 15.1. Singapore Recommerce Market Share by Age Group, 2024 15.2. Singapore Recommerce Market Share by Income Level, 2024 15.3. Singapore Recommerce Market Share by Gender, 2024 16. Further Reading 16.1. About PayNXT360 16.2. Related Research
Table 1: Singapore Recommerce – Gross Merchandise Value (US$ Million), 2020-2029 Table 2: Singapore Recommerce – Average Value Per Transaction (US$), 2020-2029 Table 3: Singapore Recommerce – Gross Merchandise Volume (Million), 2020-2029 Table 4: Singapore Recommerce Market Revenue Value (US$ Million), 2020-2029 Table 5: Singapore Recommerce Market by Ad-based revenues (US$ Million), 2020-2029 Table 6: Singapore Recommerce Market Revenue by Commission (US$ Million), 2020-2029 Table 7: Singapore Recommerce Market Revenue by Services & Refurbishment Fees (US$ Million), 2020-2029 Table 8: Singapore Recommerce Retail Shopping – Gross Merchandise Value (US$ Million), 2020-2029 Table 9: Singapore Recommerce Home Improvement – Gross Merchandise Value (US$ Million), 2020-2029 Table 10: Singapore Recommerce Other Sectors Gross Merchandise Value (US$ Million), 2020-2029 Table 11: Singapore Recommerce Apparel and Accessories – Gross Merchandise Value (US$ Million), 2020-2029 Table 12: Singapore Recommerce Consumer Electronics – Gross Merchandise Value (US$ Million), 2020-2029 Table 13: Singapore Recommerce Home Appliances – Gross Merchandise Value (US$ Million), 2020-2029 Table 14: Singapore Recommerce Home Decor & Essentials – Gross Merchandise Value (US$ Million), 2020-2029 Table 15: Singapore Recommerce Books, Toys & Hobbies – Gross Merchandise Value (US$ Million), 2020-2029 Table 16: Singapore Recommerce Automotive Parts & Accessories – Gross Merchandise Value (US$ Million), 2020-2029 Table 17: Singapore Recommerce Sports & Fitness Equipment – Gross Merchandise Value (US$ Million), 2020-2029 Table 18: Singapore Recommerce Other – Gross Merchandise Value (US$ Million), 2020-2029 Table 19: Singapore Recommerce by Consumer to Consumer (C2C) Channel – Gross Merchandise Value (US$ Million), 2020-2029 Table 20: Singapore Recommerce Business to Consumer (B2C) Channel – Gross Merchandise Value (US$ Million), 2020-2029 Table 21: Singapore Recommerce by Retailer Trade-In and Buyback Programs Channel – Gross Merchandise Value (US$ Million), 2020-2029 Table 22: Singapore Recommerce by Resale – Gross Merchandise Value (US$ Million), 2020-2029 Table 23: Singapore Recommerce Rental – Gross Merchandise Value (US$ Million), 2020-2029 Table 24: Singapore Recommerce by Refurbishment and Certified Pre-Owned – Gross Merchandise Value (US$ Million), 2020-2029 Table 25: Singapore Recommerce by Website-Based – Gross Merchandise Value (US$ Million), 2020-2029 Table 26: Singapore Recommerce App-Based – Gross Merchandise Value (US$ Million), 2020-2029 Table 27: Singapore Recommerce by Social Media Driven – Gross Merchandise Value (US$ Million), 2020-2029 Table 28: Singapore Recommerce Generalist Marketplaces – Gross Merchandise Value (US$ Million), 2020-2029 Table 29: Singapore Recommerce Vertical-Specific Marketplaces – Gross Merchandise Value (US$ Million), 2020-2029 Table 30: Singapore Recommerce Mobile – Gross Merchandise Value (US$ Million), 2020-2029 Table 31: Singapore Recommerce Desktop – Gross Merchandise Value (US$ Million), 2020-2029 Table 32: Singapore Recommerce by iOS – Gross Merchandise Value (US$ Million), 2020-2029 Table 33: Singapore Recommerce Android – Gross Merchandise Value (US$ Million), 2020-2029 Table 34: Singapore Recommerce Tier 1 Cities – Gross Merchandise Value (US$ Million), 2020-2029 Table 35: Singapore Recommerce Tier 2 – Gross Merchandise Value (US$ Million), 2020-2029 Table 36: Singapore Recommerce Tier 3 – Gross Merchandise Value (US$ Million), 2020-2029 Table 37: Singapore Recommerce Payment by Credit Card – Gross Merchandise Value (US$ Million), 2020-2029 Table 38: Singapore Recommerce Payment by Debit Card – Gross Merchandise Value (US$ Million), 2020-2029 Table 39: Singapore Recommerce Payment by Bank Transfer – Gross Merchandise Value (US$ Million), 2020-2029 Table 40: Singapore Recommerce Payment by Prepaid Card – Gross Merchandise Value (US$ Million), 2020-2029 Table 41: Singapore Recommerce Payment by Digital & Mobile Wallet – Gross Merchandise Value (US$ Million), 2020-2029 Table 42: Singapore Recommerce by Other Digital Payments – Gross Merchandise Value (US$ Million), 2020-2029 Table 43: Singapore Recommerce Payment by Cash – Gross Merchandise Value (US$ Million), 2020-2029
Figure 1: PayNXT360’s Methodology Framework Figure 2: Singapore Recommerce – Gross Merchandise Value (US$ Million), 2020-2029 Figure 3: Singapore Recommerce – Average Value Per Transaction (US$), 2020-2029 Figure 4: Singapore Recommerce – Gross Merchandise Volume (Million), 2020-2029 Figure 5: Singapore Recommerce – Market Share Analysis by Key Players (%), 2024 Figure 6: Singapore Recommerce Market Revenue Value (US$ Million), 2020-2029 Figure 7: Singapore Recommerce Market Share by Key Revenue Segments (%), 2020-2029 Figure 8: Singapore Recommerce Market by Ad-based revenues (US$ Million), 2020-2029 Figure 9: Singapore Recommerce Market Revenue by Commission (US$ Million), 2020-2029 Figure 10: Singapore Recommerce Market Revenue by Services & Refurbishment Fees (US$ Million), 2020-2029 Figure 11: Singapore Recommerce Market Share by Recommerce Segments (%), 2020-2029 Figure 12: Singapore Recommerce Retail Shopping – Gross Merchandise Value (US$ Million), 2020-2029 Figure 13: Singapore Recommerce Home Improvement – Gross Merchandise Value (US$ Million), 2020-2029 Figure 14: Singapore Recommerce Other Sectors Gross Merchandise Value (US$ Million), 2020-2029 Figure 15: Singapore Recommerce Market Share by Retail Shopping Categories (%), 2024 Figure 16: Singapore Recommerce Apparel and Accessories – Gross Merchandise Value (US$ Million), 2020-2029 Figure 17: Singapore Recommerce Consumer Electronics – Gross Merchandise Value (US$ Million), 2020-2029 Figure 18: Singapore Recommerce Home Appliances – Gross Merchandise Value (US$ Million), 2020-2029 Figure 19: Singapore Recommerce Home Decor & Essentials – Gross Merchandise Value (US$ Million), 2020-2029 Figure 20: Singapore Recommerce Books, Toys & Hobbies – Gross Merchandise Value (US$ Million), 2020-2029 Figure 21: Singapore Recommerce Automotive Parts & Accessories – Gross Merchandise Value (US$ Million), 2020-2029 Figure 22: Singapore Recommerce Sports & Fitness Equipment – Gross Merchandise Value (US$ Million), 2020-2029 Figure 23: Singapore Recommerce Other – Gross Merchandise Value (US$ Million), 2020-2029 Figure 24: Singapore Recommerce Market Share by Recommerce Channel (%), 2020-2029 Figure 25: Singapore Recommerce by Consumer to Consumer (C2C) Channel – Gross Merchandise Value (US$ Million), 2020-2029 Figure 26: Singapore Recommerce Business to Consumer (B2C) Channel – Gross Merchandise Value (US$ Million), 2020-2029 Figure 27: Singapore Recommerce by Retailer Trade-In and Buyback Programs Channel – Gross Merchandise Value (US$ Million), 2020-2029 Figure 28: Singapore Recommerce Market Share by Sales Model (%), 2020-2029 Figure 29: Singapore Recommerce by Resale – Gross Merchandise Value (US$ Million), 2020-2029 Figure 30: Singapore Recommerce Rental – Gross Merchandise Value (US$ Million), 2020-2029 Figure 31: Singapore Recommerce by Refurbishment and Certified Pre-Owned – Gross Merchandise Value (US$ Million), 2020-2029 Figure 32: Singapore Recommerce Market Share by Digital Engagement Channel (%), 2020-2029 Figure 33: Singapore Recommerce by Website-Based – Gross Merchandise Value (US$ Million), 2020-2029 Figure 34: Singapore Recommerce App-Based – Gross Merchandise Value (US$ Million), 2020-2029 Figure 35: Singapore Recommerce by Social Media Driven – Gross Merchandise Value (US$ Million), 2020-2029 Figure 36: Singapore Recommerce Market Share by Platform Type (%), 2020-2029 Figure 37: Singapore Recommerce Generalist Marketplaces – Gross Merchandise Value (US$ Million), 2020-2029 Figure 38: Singapore Recommerce Vertical-Specific Marketplaces – Gross Merchandise Value (US$ Million), 2020-2029 Figure 39: Singapore Recommerce Market Share by Device (%), 2020-2029 Figure 40: Singapore Recommerce Mobile – Gross Merchandise Value (US$ Million), 2020-2029 Figure 41: Singapore Recommerce Desktop – Gross Merchandise Value (US$ Million), 2020-2029 Figure 42: Singapore Recommerce Market Share by Operating System (%), 2020-2029 Figure 43: Singapore Recommerce by iOS – Gross Merchandise Value (US$ Million), 2020-2029 Figure 44: Singapore Recommerce Android – Gross Merchandise Value (US$ Million), 2020-2029 Figure 45: Singapore Recommerce Market Share by Cities (%), 2020-2029 Figure 46: Singapore Recommerce Tier 1 Cities – Gross Merchandise Value (US$ Million), 2020-2029 Figure 47: Singapore Recommerce Tier 2 – Gross Merchandise Value (US$ Million), 2020-2029 Figure 48: Singapore Recommerce Tier 3 – Gross Merchandise Value (US$ Million), 2020-2029 Figure 49: Singapore Recommerce Market Share by Payment Instrument (%), 2020-2029 Figure 50: Singapore Recommerce Payment by Credit Card – Gross Merchandise Value (US$ Million), 2020-2029 Figure 51: Singapore Recommerce Payment by Debit Card – Gross Merchandise Value (US$ Million), 2020-2029 Figure 52: Singapore Recommerce Payment by Bank Transfer – Gross Merchandise Value (US$ Million), 2020-2029 Figure 53: Singapore Recommerce Payment by Prepaid Card – Gross Merchandise Value (US$ Million), 2020-2029 Figure 54: Singapore Recommerce Payment by Digital & Mobile Wallet – Gross Merchandise Value (US$ Million), 2020-2029 Figure 55: Singapore Recommerce by Other Digital Payments – Gross Merchandise Value (US$ Million), 2020-2029 Figure 56: Singapore Recommerce Payment by Cash – Gross Merchandise Value (US$ Million), 2020-2029 Figure 57: Singapore Recommerce Market Share by Age Group (%), 2024 Figure 58: Singapore Recommerce Market Share by Income Level (%), 2024 Figure 59: Singapore Recommerce Market Share by Gender (%), 2024
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