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Singapore Meetings, Incentives, Conventions, Exhibitions (MICE) Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2016 – 2021

Published on: Jan 2016 | From USD $1100 | Published By: DPI RESEARCH | Number Of Pages: 115

Singapore MICE tourism market is projected to reach nearly US$ 2.5 Billion across the 20 countries covered in this report by the year end of 2021.

Singapore is one of the worlds top MICE (Meetings, Incentives, Conventions & Exhibitions) destination. Singapore is a stellar MICE city, maintaining a perfect tourism impression among world-wide travelers with its stable and conducive business environment, convenient transportation, pleasant environment and well-appointed facilities. These factors tend to attract international organizations to base their regional offices in the city. Singapore has always been a magnetic venue for business and leisure. Sightseeing, catering, entertainment, business events and exhibitions together create an integrated tourism chain in this country. Facilities for both business and leisure such as World Resort Sentosa, Universal Studios Singapore, Merlions Park, Suntec Singapore and Singapore EXPO ensure Singapores position as a prime MICE destination. Singapore provides a conducive platform for MICE travelers to achieve their success in Singapore through a dynamic environment underpinned by vibrant knowledge, wide networks, ease of doing business and a sense of fun.

Singapore MICE Travelers Insights

China and Indonesia will be the major source market for Singapore MICE tourism by the year end of 2021. India will be the third leading source market for Singapore MICE tourism by 2021. Japan stand at the fourth spot with XX% share of the Singapore MICE tourist arrivals. South Korea and Thailand holds the fifth and sixth highest share of the Singapore MICE tourist arrivals, being followed by United States by the year end of 2021.

Singapore MICE Tourism Market Revenue Insights

Japan MICE travelers has enjoyed a significant role in contributing revenue to the Singapore economy in 2015. Japan contributed 18.1% share in 2015 but Japan will not retain its #1 position in the revenue generator due to the fall in the MICE travelers in Singapore. It is predicted that China, India and Indonesia will be leading revenue generators by the year end of 2021. Other countries such as South Korea, United States and Thailand will also be the major revenue generators by the year end of 2021.


The research report titled " Singapore Meetings, Incentives, Conventions, Exhibitions (MICE) Tourism Market Insights, Opportunity, Analysis, Market Shares & Forecast 2016 2021 provides detailed information on the Singapore MICE Tourism Market. This report analyzes market data and provides a better understanding of MICE travelers flows and revenue to Singapore. Market outlook in value terms for the forecasted period for Singapore MICE tourism market has been detailed in the report. This report also entails a detailed description of growth drivers and challenges of the Singapore MICE tourism market.

This 115 Page report with 84 Figures and 4 Tables has been analyzed from 5 viewpoints:

1. Singapore MICE Travelers, Revenue & Forecast (2010 2021)
2. Singapore MICE Travelers, Revenue Share & Forecast (2010 2021)
3. Singapore MICE Travelers, Revenue & Forecast Top 20 Country Analysis (2010 2021)
4. Singapore MICE Tourism Market Growth Drivers
5. Singapore MICE Tourism Market Challenges


Singapore MICE Tourism Market - 20 Countries Covered


1. Indonesia
2. Malaysia
3. Philippines
4. Japan
5. Thailand
6. China
7. Taiwan
8. Hong Kong
9. South Korea
10. India
11. France
12. Germany
13. Italy
14. Netherlands
15. United Kingdom
16. Canada
17. United States
18. New Zealand
19. Australia
20. South Africa

Table of Contents

1. Executive Summary

2. Singapore - Overall MICE Travelers, Revenue & Forecast (2010 – 2021)
2.1 Singapore – Overall MICE Travelers & Forecast
2.2 Singapore – Overall MICE Revenue & Forecast

3. Singapore – MICE Travelers, Revenue Share & Forecast (2010 – 2021)
3.1 Singapore MICE Travelers Share & Forecast
3.2 Singapore MICE Revenue Share & Forecast

4. Singapore MICE Travelers, Revenue & Forecast – Top 20 Country Analysis (2010 – 2021)
4.1 Indonesia – MICE Travelers, Revenue & Forecast
4.1.1 Indonesia – MICE Travelers to Singapore
4.1.2 Indonesia – MICE Revenue to Singapore
4.2 Malaysia – MICE Travelers, Revenue & Forecast
4.2.1 Malaysia – MICE Travelers to Singapore
4.2.2 Malaysia – MICE Revenue to Singapore
4.3 Philippines – MICE Travelers, Revenue & Forecast
4.3.1 Philippines – MICE Travelers to Singapore
4.3.2 Philippines – MICE Revenue to Singapore
4.4 Thailand – MICE Travelers, Revenue & Forecast
4.4.1 Thailand – MICE Travelers to Singapore
4.4.2 Thailand – MICE Revenue to Singapore
4.5 China – MICE Travelers, Revenue & Forecast
4.5.1 China – MICE Travelers to Singapore
4.5.2 China – MICE Revenue to Singapore
4.6 Taiwan – MICE Travelers, Revenue & Forecast
4.6.1 Taiwan – MICE Travelers to Singapore
4.6.2 Taiwan – MICE Revenue to Singapore
4.7 Hong Kong – MICE Travelers, Revenue & Forecast
4.7.1 Hong Kong – MICE Travelers to Singapore
4.7.2 Hong Kong – MICE Revenue to Singapore
4.8 Japan – MICE Travelers, Revenue & Forecast
4.8.1 Japan – MICE Travelers to Singapore
4.8.2 Japan – MICE Revenue to Singapore
4.9 South Korea – MICE Travelers, Revenue & Forecast
4.9.1 South Korea – MICE Travelers to Singapore
4.9.2 South Korea – MICE Revenue to Singapore
4.10 India – MICE Travelers, Revenue & Forecast
4.10.1 India – MICE Travelers to Singapore
4.10.2 India – MICE Revenue to Singapore
4.11 France – MICE Travelers, Revenue & Forecast
4.11.1 France – MICE Travelers to Singapore
4.11.2 France – MICE Revenue to Singapore
4.12 Germany – MICE Travelers, Revenue & Forecast
4.12.1 Germany – MICE Travelers to Singapore
4.12.2 Germany – MICE Revenue to Singapore
4.13 Italy – MICE Travelers, Revenue & Forecast
4.13.1 Italy – MICE Travelers to Singapore
4.13.2 Italy – MICE Revenue to Singapore
4.14 Netherlands – MICE Travelers, Revenue & Forecast
4.14.1 Netherlands – MICE Travelers to Singapore
4.14.2 Netherlands – MICE Revenue to Singapore
4.15 United Kingdom – MICE Travelers, Revenue & Forecast
4.15.1 United Kingdom – MICE Travelers to Singapore
4.15.2 United Kingdom – MICE Revenue to Singapore
4.16 Canada – MICE Travelers, Revenue & Forecast
4.16.1 Canada – MICE Travelers to Singapore
4.16.2 Canada – MICE Revenue to Singapore
4.17 United States – MICE Travelers, Revenue & Forecast
4.17.1 United States – MICE Travelers to Singapore
4.17.2 United States – MICE Revenue to Singapore
4.18 Australia – MICE Travelers, Revenue & Forecast
4.18.1 Australia – MICE Travelers to Singapore
4.18.2 Australia – MICE Revenue to Singapore
4.19 New Zealand – MICE Travelers, Revenue & Forecast
4.19.1 New Zealand – MICE Travelers to Singapore
4.19.2 New Zealand – MICE Revenue to Singapore
4.20 South Africa – MICE Travelers, Revenue & Forecast
4.20.1 South Africa – MICE Travelers to Singapore
4.20.2 South Africa – MICE Revenue to Singapore

5. Singapore MICE Tourism Market – Growth Drivers
5.1 Strategic Location and Accessibility Boon for the Singapore MICE Industry
5.2 Pro-Business Environment Gives Promising Advantage for the Growth of Singapore MICE Tourism
5.3 Strong Knowledge Economy Drives Singapore MICE Tourism Market
5.4 Strategic Partnership with Different Stakeholders for MICE Industry Success
5.5 Sustainability will Enhanced the Singapore MICE Industry
5.6 Wide Ranging of MICE Venues Burgeoning Singapore MICE Industry
5.7 Widespread Choice in Accommodation Fuel the Singapore MICE Tourism Market
5.8 Exciting Mix of Business and Leisure Activities will Boost the Singapore MICE Tourism Market

6. Singapore MICE Tourism Market – Challenges
6.1 Increasingly Ferocious Regional Competition
6.2 Continued Uncertainties in the Global Economy


List of Tables

Table 3 1: By Country – Singapore MICE Travelers Share(Percent),2012 – 2015
Table 3 2: By Country – Forecast for Singapore MICE Travelers Share(Percent),2016 – 2021
Table 3 3: By Country – Singapore MICE Revenue Share(Percent),2010 – 2015
Table 3 4: By Country – Forecast for Singapore MICE Revenue Share(Percent),2016 – 2021


List of Figures:

Figure 2 1: Singapore – Overall MICE Travelers(Number),2010 – 2015
Figure 2 2: Singapore – Forecast for Overall MICE Travelers(Number),2016 – 2021
Figure 2 3: Singapore – Overall MICE Revenue (Million US$),2010 – 2015
Figure 2 4: Singapore – Forecast for Overall MICE Revenue (Million US$),2016 – 2021
Figure 4 1: Indonesia – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 2: Indonesia – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 3: Indonesia – MICE Revenue to Singapore (Number),2010 – 2015
Figure 4 4: Indonesia – Forecast for MICE Revenue to Singapore (Number),2016 – 2021
Figure 4 5: Malaysia – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 6: Malaysia – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 7: Malaysia – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 8: Malaysia – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 9: Philippines – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 10: Philippines – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 11: Philippines – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 12: Philippines – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 13: Thailand – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 14: Thailand – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 15: Thailand – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 16: Thailand – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 17: China – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 18: China – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 19: China – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 20: China – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 21: Taiwan – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 22: Taiwan – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 23: Taiwan – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 24: Taiwan – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 25: Hong Kong – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 26: Hong Kong – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 27: Hong Kong – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 28: Hong Kong – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 29: Japan – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 30: Japan – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 31: Japan – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 32: Japan – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 33: South Korea – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 34: South Korea – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 35: South Korea – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 36: South Korea – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 37: India – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 38: India – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 39: India – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 40: India – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 41: France – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 42: France – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 43: France – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 44: France – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 45: Germany – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 46: Germany – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 47: Germany – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 48 Germany – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 49: Italy – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 50: Italy – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 51: Italy – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 52: Italy – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 53: Netherlands – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 54: Netherlands – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 55: Netherlands – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 56: Netherlands – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 57: United Kingdom – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 58: United Kingdom – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 59: United Kingdom – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 60: United Kingdom – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 61: Canada – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 62: Canada – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 63: Canada – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 64: Canada – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 65: United States – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 66: United States – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 67: United States – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 68: United States – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 69: Australia – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 70: Australia – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 71: Australia – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 72: Australia – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 73: New Zealand – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 74: New Zealand – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 75: New Zealand – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 76: New Zealand – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021
Figure 4 77: South Africa – MICE Travelers to Singapore(Number),2010 – 2015
Figure 4 78: South Africa – Forecast for MICE Travelers to Singapore(Number),2016 – 2021
Figure 4 79: South Africa – MICE Revenue to Singapore (Million US$),2010 – 2015
Figure 4 80: South Africa – Forecast for MICE Revenue to Singapore (Million US$),2016 – 2021

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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