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Facebook Ads Cost Per Lead Benchmarks for Manufacturing in Singapore

See how your CPL compares. Explore lead generation cost benchmarks by industry, region, and campaign type

Cost Per Lead for Manufacturing in Singapore

October 2024 - October 2025

Insights

Detailed observation of presented data

This analysis looks at cost-per-lead (CPL) trends for industry Manufacturing 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

  • Manufacturing in Singapore is above market on average: 57.33 vs 36.72 for the global baseline over the same months (+56% higher).
  • Volatility is markedly higher: average absolute month-to-month change is 44.67 versus 4.50 in the global baseline (about 10x more variable).
  • Highest CPL for the selection is 115.99 in August 2025; lowest is 12.46 in June 2025, a swing of 103.53 (range ≈181% of the average).
  • From the first observed month (September 2024) to the last (August 2025), CPL rises by about +230% in the selection; the baseline over the same window rises by +12.6%.
  • Seasonal hints: the global baseline shows a mild Q4 uptick (November–December) and a sharp dip in September 2025; the Singapore Manufacturing selection shows a mid-year trough (June) and a late-summer spike (August).

Selected trend overview (Manufacturing, Singapore)

  • Coverage: September 2024; January, February, March, April, May, June, and August 2025.
  • Average CPL: 57.33 across the observed months.
  • Highs and lows:
  • High: 115.99 in August 2025.
  • Low: 12.46 in June 2025.
  • Volatility:
  • Average absolute month-to-month change: 44.67.
  • Notable movements:
  • September 2024 to January 2025: +112% jump (35.20 to 74.48).
  • January to February 2025: −57% drop (to 32.03).
  • March to April 2025: +91% increase (to 85.95).
  • May to June 2025: −78% drop (to 12.46).
  • June to August 2025 (next observed month): surge to 115.99.
  • Net change: +230% from September 2024 (35.20) to August 2025 (115.99).

Comparison with the global baseline

  • Overlapping-month average baseline: 36.72 (vs 57.33 selected), positioning Singapore Manufacturing above market (+56%).
  • Extremes versus baseline:
  • At the selection’s low (June 2025, 12.46), CPL is 67% below the global baseline for that month (38.35).
  • At the selection’s high (August 2025, 115.99), CPL is roughly 3.1x the global baseline (37.03).
  • Global baseline characteristics (full series):
  • Average: 35.80; High: 41.58 (November 2024); Low: 20.63 (September 2025).
  • Month-to-month volatility: 4.50 on average, indicating relatively steady market-level CPLs.
  • Seasonality: modest Q4 strength (November–December) and a pronounced dip in September 2025.
  • Directionally, the selection is frequently above market and much more variable, with several months deviating sharply from overall trends.

Seasonal patterns and timing notes

  • Global data suggests costs can lift in Q4 and ease into late Q3/early Q4 (notably September 2025).
  • In Singapore Manufacturing, the observed window shows:
  • Elevated CPLs in January and April 2025.
  • A sharp trough in June 2025.
  • A pronounced spike in August 2025.

Understanding cost-per-lead benchmarks on Facebook Ads in industry Manufacturing 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 Manufacturing 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.