A recent study by DPHK Consulting has identified the Printing & Reproduction of Recorded Media sector as the most challenging industry to survive in Singapore. Over the past year, this sector recorded 225 business cessations against 108 formations, equating to 208.3 cessations per 100 formations. This analysis, based on data from the Accounting and Corporate Regulatory Authority (ACRA), highlights significant churn in Singapore’s business environment.
The study ranked industries by the number of cessations per 100 formations, with Postal & Courier Activities and Land Transport & Transport via Pipelines following closely behind, recording 164.4 and 149.5 cessations per 100 formations, respectively. The top 10 hardest industries averaged 146.7 cessations per 100 formations, significantly higher than the national average of 85.1.
A spokesperson from DPHK Consulting noted, “The ranking points to significant churn in some parts of Singapore’s business landscape, particularly in print-related manufacturing, delivery, transport, retail, and selected training services.” The spokesperson added that these industries are likely facing challenges such as changing customer behaviour, cost pressures, digital substitution, and intense competition.
The study’s methodology involved analysing business entity formation and cessation data from June 2025 to May 2026, focusing on detailed industries with at least 100 formations. This approach aimed to reduce month-to-month volatility and provide a clearer picture of industry churn.
As Singapore continues to navigate its evolving business landscape, these findings underscore the need for resilience and adaptability in the face of shifting market dynamics.
