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Facebook Ads Cost Per Lead Benchmarks for Consumer Goods in Singapore

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Cost Per Lead for Consumer Goods in Singapore

October 2024 - October 2025

Insights

Detailed observation of presented data

Facebook Ads cost-per-lead benchmarks: Consumer Goods in Singapore vs. global

This analysis looks at cost-per-lead (CPL) trends for industry Consumer Goods and target country Singapore compared to the global trend. The analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.

Key takeaways

  • On average, Singapore’s Consumer Goods CPL (39.64) ran about 7% above the global baseline (37.06).
  • Highest CPL in the selection was 68.18 (Feb 2025); the lowest was 10.25 (Jul 2025).
  • CPL decreased 16.3% from the first month (Sep 2024: 26.24) to the last (Aug 2025: 21.96), while the global baseline rose 12.6% over the same period.
  • Volatility was high: average month-to-month absolute change was 42.8% for Singapore vs. 9.8% globally.
  • Seasonal patterns were evident: costs climbed through Q4 and peaked again in February; a mid-year slump appeared in June–July.

Selected trend: Consumer Goods in Singapore

  • Average: 39.64 across Sep 2024–Aug 2025.
  • High/low: Peak 68.18 in Feb 2025; low 10.25 in Jul 2025 (a 58-point range).
  • Trend shape:
  • Q4 lift: Sep→Dec rose from 26.24 to 63.78 (+143%).
  • Early 2025 swing: Jan dipped to 46.16, then spiked to 68.18 in Feb (+47.7% MoM), followed by a sharp drop to 36.48 in Mar (−46.5% MoM).
  • Mid-year softness: Jun 26.60 and Jul 10.25, then a rebound in Aug 21.96 (+114.3% MoM).
  • Overall change: −16.3% from Sep 2024 to Aug 2025.

Comparison to the global baseline

  • Baseline average: 37.06; high 41.58 (Nov 2024); low 31.12 (Oct 2024).
  • Relative positioning:
  • Singapore CPL was above market in 7 of 12 months (Oct–Mar, May), and below in 5 (Sep, Apr, Jun–Aug).
  • The largest “above market” gap was Feb 2025: Singapore at 68.18 vs. global 38.86 (+75% vs. baseline).
  • The largest “below market” gap was Jul 2025: Singapore at 10.25 vs. global 38.67 (−74% vs. baseline).
  • Stability: The global series showed moderate seasonality (notably higher in Nov–Dec) with limited volatility (9.8% average MoM absolute change), whereas Singapore’s market moved more sharply month to month (42.8%).

Seasonality and volatility

  • Seasonal lift: Both series show costs typically rising into Q4, with Singapore’s increase more pronounced.
  • Early-year peak: A notable February spike in Singapore amplified the seasonal pattern.
  • Mid-year dip: Singapore’s CPL fell well below the global average in June–July before recovering in August.

Understanding cost-per-lead benchmarks on Facebook Ads in industry Consumer Goods and Singapore helps advertisers make more efficient budget and creative choices.

Understanding the Data

Insights & analysis of Facebook advertising costs

Facebook advertising costs vary based on many factors including industry, target audience, ad placement, and campaign objectives. In the Consumer Goods industry, Facebook ad costs can be influenced by seasonal trends and market competition. For campaigns targeting Singapore, advertisers should consider local market factors and user behavior. Different campaign objectives lead to varying costs based on how Facebook optimizes for your specific goals. The data shown represents median values across multiple campaigns, and individual results may vary based on ad quality, audience targeting, and campaign optimization.

Why we use median instead of average

We use the median CTR because the underlying distribution of click-through rates is highly skewed, with a small share of campaigns achieving extremely high CTRs. These outliers can inflate a simple average, making it less representative of what most advertisers actually experience. By using the median—which sits at the midpoint of all campaigns—we provide a more rigorous and realistic benchmark that reflects the true underlying data model and helps you set attainable performance expectations.

Key Factors Affecting Facebook Ad Costs

  • Competition within your selected industry and audience demographics
  • Ad quality and relevance score – higher quality ads can lower costs
  • Campaign objective and bid strategy
  • Timing and seasonality – costs often increase during holiday periods
  • Ad placement (News Feed, Instagram, Audience Network, etc.)

Note: This data represents industry median values and benchmarks. Your actual costs may vary based on specific targeting, ad creative quality, and campaign optimization.

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The data behind the benchmarks

All data is sourced from over $3B in Facebook ad spend, collected across thousands of ad accounts that use Superads daily to analyze and improve their campaigns. Every data point is fully anonymized and aggregated—no individual advertiser is ever exposed.

This dataset updates frequently as new ad data flows in. It will only get bigger and better.

Singapore Advertising Landscape

National Holidays

Jan 1New Year's Day
Jan 29Chinese New Year Day 1
Jan 30Chinese New Year Day 2
Mar 31Hari Raya Puasa
Apr 18Good Friday
May 1Labour Day
May 12Vesak Day
Jun 7Hari Raya Haji
Aug 9National Day
Oct 20Deepavali
Dec 25Christmas Day

Key Shopping Season

Late January (Chinese New Year), October–December (Deepavali, National Day promotions, Christmas), Mid-year retail events

Potential Advertising Impact

CPM and CPC might rise during Chinese New Year and Deepavali for gifting, food, and apparel categories. Good Friday, Hari Raya, and Vesak Day long weekends could shift consumer behavior and spike media consumption. National Day promotions might elevate ad costs in entertainment and tourism. Singapore's small, affluent market means events can have noticeable retail impact.

What is considered a good cost per lead on Facebook in 2025?

A good CPL usually ranges from $10 to $50, depending on your industry and target audience. B2C offers tend to be cheaper, while B2B or high-ticket services may see CPLs over $100.

Why is my CPL higher than industry averages?

Your CPL could be high due to weak creative, irrelevant targeting, or an offer that doesn't resonate. Low engagement or poor conversion rates on your landing page can also drive up costs.

Does campaign objective impact CPL?

Yes. Campaigns optimized for conversions or leads tend to generate cheaper and more qualified leads compared to traffic or engagement objectives. Facebook needs clear signals to find the right users.

How can I generate leads at a lower cost without hurting lead quality?

Focus on improving your offer, targeting the right audience, and using high-converting creative. Test native lead forms, but make sure you're still qualifying users properly.

Should I optimize for leads or conversions if my goal is pipeline growth?

If your goal is sales or revenue, optimizing for deeper funnel conversions is better. Optimizing for leads alone can inflate volume but hurt quality.