Printing sector posts double national business churn rate

Some sectors see cessations more than double the national average of 85.1.

Singapore’s printing & reproduction of recorded media sector recorded more than double the national average rate of business churn over the latest 12-month period, according to a study by DPHK Consulting.

The sector posted 208.3 cessations per 100 formations between June 2025 and May 2026, compared with a national average of 85.1 across all business entities.

DPHK Consulting analysed Accounting and Corporate Regulatory Authority (ACRA) data on business formations and cessations across detailed industries over the 12-month period.

The findings show a wide spread in churn levels across industries, with the top 10 sectors averaging 146.7 cessations per 100 formations.

Postal & courier activities recorded 164.4 cessations per 100 formations, whilst land transport & transport via pipelines registered 149.5.

Other industries in the top 10 included optical goods & books at 145.2, wearing apparel & footwear at 140.8, and telecommunications at 139.1.

Fabricated metal products manufacturing recorded 133.6 cessations per 100 formations, whilst training courses N.E.C. registered 131.1.

Furniture manufacturing and other transport equipment manufacturing recorded 128.9 and 125.7 respectively.

DPHK Consulting said it calculated churn as cessations divided by formations, multiplied by 100, using a 12-month period to reduce volatility.

The analysis included only detailed industries with at least 100 formations during the period, excluding broader aggregate categories.

The study defines the metric as a measure of industry churn and does not track individual firm survival over time.

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