Singapore Wine Market 2025

Expected to see substantial growth, the Singapore wine market is anticipated to move from USD 696.3 million in 2024 to USD 960.1 million by 2030, corresponding to a CAGR of 5.5%. Singapore’s wine market is bolstered by its status as a global hub for trade, finance, and tourism. As a highly developed economy, Singapore benefits from a sophisticated and discerning consumer base with a growing interest in premium wines. The country’s wine culture is supported by a well-established hospitality sector, where wine is commonly paired with fine dining experiences. Additionally, increasing consumer awareness about wine through tasting events, wine clubs, and educational platforms is fostering greater appreciation for both local and international wines.

This report delivers a comprehensive analysis and forward-looking perspective on the Singapore wine market, spanning historical data from 2020 to 2024 and market projections through 2030. By examining market size, growth rates, and segmented insights, the report highlights the dynamic shifts and emerging trends shaping the industry. It provides a granular breakdown across key dimensions, including product type, pricing, packaging and distribution channel, offering stakeholders a detailed roadmap for strategic decision-making.

Market Segmentation

The Singapore wine market is classified into the following segments:
Product type: non-grape wine, sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine)
Pricing: mass, mid-priced, premium
Packaging: glass, metal, others
Distribution channel: supermarkets and hypermarkets, food and drinks stores, bars and HoReCa, e-commerce, others

The Singapore market for wine is divided based on product type, pricing, packaging and distribution channel. In terms of product type, the market is segmented into non-grape wine, sparkling wine (champagne, others), and still wine (still red wine, still rosé wine, still white wine). Pricing categories include mass, mid-priced, and premium. Packaging segments comprise glass, metal, and others. Distribution channel segmentation includes supermarkets and hypermarkets, food and drinks stores, bars and HoReCa, e-commerce, and others.

Competitive Landscape

The competitive landscape of the wine market has been analyzed, with a focus on key players such as Treasury Wine Estates Limited, Tatsuuma-Honke Brewing Co. Ltd., Pernod Ricard Group, LVMH Moet Hennessy Louis Vuitton SA (LVMH), Kiku-Masamune Sake Brewing Co. Ltd. and Europeenne de Participations Industrielles (EPI) SAS. This analysis offers a comprehensive overview of the main players in the wine market, evaluating their performance trends from 2020 to 2024. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Singapore wine market.
Gain in-depth analysis and forecasts for the key segments of the Singapore wine market: product type, pricing, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Singapore wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Singapore wine market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Singapore Wine Market – Product Type Analysis
Singapore Wine Market – Pricing Analysis
Singapore Wine Market – Packaging Analysis
Singapore Wine Market – Distribution Channel Analysis
Company Shares Analysis
Treasury Wine Estates Limited
Tatsuuma-Honke Brewing Co., Ltd.
Pernod Ricard Group
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Kiku-Masamune Sake Brewing Co., Ltd.
Europeenne de Participations Industrielles (EPI) SAS
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Singapore Wine Market 2020-2030
Chart Singapore Wine Market, Net Growth, 2020-2030
Chart Singapore Wine Market, Growth Rates, 2020-2030
Table Singapore Wine Market by Product Type, 2020-2030
Chart Singapore Wine Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Singapore Wine Market by Product Type, 2020-2030
Table Singapore Wine Market by Pricing, 2020-2030
Chart Singapore Wine Market by Pricing, CAGR Historic and Forecast, 2020-2030
Chart Singapore Wine Market by Pricing, 2020-2030
Table Singapore Wine Market by Packaging, 2020-2030
Chart Singapore Wine Market by Packaging, CAGR Historic and Forecast, 2020-2030
Chart Singapore Wine Market by Packaging, 2020-2030
Table Singapore Wine Market by Distribution Channel, 2020-2030
Chart Singapore Wine Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Singapore Wine Market by Distribution Channel, 2020-2030
Table Singapore Wine Market Share (%), by Companies, 2020-2024
Chart Singapore Wine Market, by Companies, 2024
Table Singapore Wine Market Share (%), by Brands, 2020-2024
Chart Singapore Wine Market, by Brands, 2024
Table Singapore – Population (Millions) and Forecast
Table Singapore – Consumer Price Index (CPI) and Forecast
Table Singapore – Gross Domestic Product and Forecast
Table Singapore Wine Market: Spend as a Proportion of GDP (%)
Table Singapore Wine Market: Consumption per Capita (Population)

Companies Mentioned

Treasury Wine Estates Limited
Tatsuuma-Honke Brewing Co., Ltd.
Pernod Ricard Group
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Kiku-Masamune Sake Brewing Co., Ltd.
Europeenne de Participations Industrielles (EPI) SAS