Singapore Spirits Market Summary and Forecast
Summary
Spirits in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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 brandy, gin & genever, liqueurs, rum, specialty spirits, tequila & mezcal, vodka and whiskey. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
- The Singaporean Spirits market had total revenues of $1,512.9 million in 2022, representing a compound annual growth rate (CAGR) of 4.9% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 4.6% between 2017 and 2022, to reach a total of 13 million liters in 2022.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 11.2% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $2,569.8 million by the end of 2027.
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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
- What was the size of the Singapore spirits market by value in 2022?
- What will be the size of the Singapore spirits market in 2027?
- What factors are affecting the strength of competition in the Singapore spirits market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's spirits market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the Singaporean spirits market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
- 7.4. Which companies market shares have suffered in the last 5 years (2017-2022)?
- 7.5. What are the most popular brands in the Singaporean spirits market?
- 8 Company Profiles
- 8.1. Pernod Ricard SA
- 8.2. Bacardi Limited
- 8.3. William Grant & Sons Ltd
- 8.4. The Edrington Group Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Singapore spirits market value: $ million, 2017–22
- Table 2: Singapore spirits market volume: million liters, 2017–22
- Table 3: Singapore spirits market category segmentation: % share, by volume, 2017–2022
- Table 4: Singapore spirits market category segmentation: million liters, 2017-2022
- Table 5: Singapore spirits market geography segmentation: $ million, 2022
- Table 6: Singapore spirits market distribution: % share, by volume, 2022
- Table 7: Singapore spirits market value forecast: $ million, 2022–27
- Table 8: Singapore spirits market volume forecast: million liters, 2022–27
- Table 9: Singapore spirits market share: % share, by volume, 2022
- Table 10: Pernod Ricard SA: key facts
- Table 11: Pernod Ricard SA: Annual Financial Ratios
- Table 12: Pernod Ricard SA: Key Employees
- Table 13: Pernod Ricard SA: Key Employees Continued
- Table 14: Bacardi Limited: key facts
- Table 15: Bacardi Limited: Key Employees
- Table 16: William Grant & Sons Ltd: key facts
- Table 17: William Grant & Sons Ltd: Key Employees
- Table 18: The Edrington Group Ltd: key facts
- Table 19: The Edrington Group Ltd: Key Employees
- Table 20: Singapore size of population (million), 2018–22
- Table 21: Singapore gdp (constant 2005 prices, $ billion), 2018–22
- Table 22: Singapore gdp (current prices, $ billion), 2018–22
- Table 23: Singapore inflation, 2018–22
- Table 24: Singapore consumer price index (absolute), 2018–22
- Table 25: Singapore exchange rate, 2018–22
- List of Figures
- Figure 1: Singapore spirits market value: $ million, 2017–22
- Figure 2: Singapore spirits market volume: million liters, 2017–22
- Figure 3: Singapore spirits market category segmentation: million liters, 2017-2022
- Figure 4: Singapore spirits market geography segmentation: % share, by value, 2022
- Figure 5: Singapore spirits market distribution: % share, by volume, 2022
- Figure 6: Singapore spirits market value forecast: $ million, 2022–27
- Figure 7: Singapore spirits market volume forecast: million liters, 2022–27
- Figure 8: Forces driving competition in the spirits market in Singapore, 2022
- Figure 9: Drivers of buyer power in the spirits market in Singapore, 2022
- Figure 10: Drivers of supplier power in the spirits market in Singapore, 2022
- Figure 11: Factors influencing the likelihood of new entrants in the spirits market in Singapore, 2022
- Figure 12: Factors influencing the threat of substitutes in the spirits market in Singapore, 2022
- Figure 13: Drivers of degree of rivalry in the spirits market in Singapore, 2022
- Figure 14: Singapore spirits market share: % share, by volume, 2022
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