Spirits in Singapore industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The spirits market consists of the sale of whiskey, vodka, brandy, liqueurs, rum, gin & genever, and others. The scope of others includes tequila & mezcal, local spirits, and non - alcoholic spirits drinks.
- The Singaporean spirits market recorded revenues of $1.83 billion in 2024, representing a compound annual growth rate (CAGR) of 8.4% between 2019-24.
- Market consumption volume increased with a CAGR of 5.8% between 2019-24, reaching a total of 12.3 million liters in 2024.
- The Singaporean spirits market registered strong growth during 2019-24, primarily driven by Singapore’s affluent, urban, and cosmopolitan population continued to drink more premium and diverse spirit products, supported by rising disposable incomes, a vibrant hospitality and nightlife scene, and its position as a regional hub for both business and tourism.
Report Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the spirits market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spirits market in Singapore
- Leading company profiles reveal details of key spirits market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore spirits market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Singapore spirits market by value in 2024?
- What will be the size of the Singapore spirits market in 2029?
- What factors are affecting the strength of competition in the Singapore spirits market?
- How has the market performed over the last five years?
- Who are the top competitors in Singapore's spirits market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Pernod Ricard SA
- William Grant & Sons Ltd
- The Edrington Group Ltd
- LVMH Moet Hennessy Louis Vuitton SE
