Forecasts highlight a favorable growth outlook for the Singapore alcoholic beverages market, with a projected increase of USD 2.4 billion and a compound annual growth rate (CAGR) close to 5.6% through 2029. The alcoholic beverages market is driven by rising disposable incomes and a growing appetite for premium alcoholic products. The demand for craft beers, wine, and spirits is on the rise, particularly among younger, affluent consumers. Furthermore, the city’s vibrant nightlife and the increasing popularity of wine culture continue to contribute to market growth.
The report offers a comprehensive evaluation of the Singapore alcoholic beverages market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product, packaging type and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the alcoholic beverages industry.
Market Segmentation
The Singapore alcoholic beverages market is classified into the following segments:
Product: beer, cider/perry, RTDs, spirits, wine
Packaging type: glass bottles, metal cans, others
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, e-commerce, others
The alcoholic beverages market in Singapore is segmented across product, packaging type and distribution channel. By product, it includes beer, cider/perry, RTDs, spirits, and wine. Packaging type categories include glass bottles, metal cans, and others. Distribution channel segments comprise convenience stores, forecourt stores, supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, e-commerce, and others.
Competitive Landscape
The alcoholic beverages market remains highly competitive, with major players including Tsingtao Brewery Co. Ltd., Treasury Wine Estates Limited, Sapporo Holdings Limited, Privatbrauerei ERDINGER Weisbrau Werner Brombach GmbH, Pernod Ricard Group, HITEJINRO CO. LTD., Heineken N.V., Diageo plc, Carlsberg A/S, Boon Rawd Brewery Co. Ltd., Asahi Group Holdings Ltd. and AB InBev.
This analysis offers a comprehensive overview of the main players in the alcoholic beverages market, evaluating their performance trends from 2019 to 2023. 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 alcoholic beverages market.
Gain in-depth analysis and forecasts for the key segments of the Singapore alcoholic beverages market: product, packaging type 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 alcoholic beverages market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Singapore alcoholic beverages 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
Report Scope
Research Methodology
Market Overview
Singapore Alcoholic Beverages Market – Product Analysis
Singapore Alcoholic Beverages Market – Packaging Type Analysis
Singapore Alcoholic Beverages Market – Distribution Channel Analysis
Key Players and Market Share
– Tsingtao Brewery Co., Ltd.
– Treasury Wine Estates Limited
– Sapporo Holdings Limited
– Privatbrauerei ERDINGER Weisbrau Werner Brombach GmbH
– Pernod Ricard Group
– HITEJINRO CO., LTD.
– Heineken N.V.
– Diageo plc
– Carlsberg A/S
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Singapore Alcoholic Beverages Market 2019-2029
Chart Singapore Alcoholic Beverages Market, Net Growth, 2019-2029
Chart Singapore Alcoholic Beverages Market, Growth Rates, 2019-2029
Table Singapore Alcoholic Beverages Market by Product, 2019-2029
Chart Singapore Alcoholic Beverages Market by Product, CAGR Historic and Forecast, 2019-2029
Chart Singapore Alcoholic Beverages Market by Product, 2019-2029
Table Singapore Alcoholic Beverages Market by Packaging Type, 2019-2029
Chart Singapore Alcoholic Beverages Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Singapore Alcoholic Beverages Market by Packaging Type, 2019-2029
Table Singapore Alcoholic Beverages Market by Distribution Channel, 2019-2029
Chart Singapore Alcoholic Beverages Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Singapore Alcoholic Beverages Market by Distribution Channel, 2019-2029
Table Singapore Alcoholic Beverages Market Share (%), by Companies, 2019-2023
Chart Singapore Alcoholic Beverages Market, by Companies, 2023
Table Singapore Alcoholic Beverages Market Share (%), by Brands, 2019-2023
Chart Singapore Alcoholic Beverages Market, by Brands, 2023
Table Singapore – Population (Millions) and Forecast
Table Singapore – Consumer Price Index (CPI) and Forecast
Table Singapore – Gross Domestic Product and Forecast
Table Singapore Alcoholic Beverages Market: Spend as a Proportion of GDP (%)
Table Singapore Alcoholic Beverages Market: Consumption per Capita (Population)
Companies Mentioned
Tsingtao Brewery Co., Ltd.
Treasury Wine Estates Limited
Sapporo Holdings Limited
Privatbrauerei ERDINGER Weisbrau Werner Brombach GmbH
Pernod Ricard Group
HITEJINRO CO., LTD.
Heineken N.V.
Diageo plc
Carlsberg A/S
Boon Rawd Brewery Co., Ltd.
Asahi Group Holdings, Ltd.
AB InBev