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Spirits in Singapore

Publisher MarketLine
Published Dec 18, 2025
Length 41 Pages
SKU # MTLN20937260

Description

Spirits in Singapore

Summary

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 $1,838.5 million 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.
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

41 Pages
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 during 2019-24?
7.4. Which companies market shares have suffered during 2019-24?
7.5. What are the most popular brands in the Singaporean spirits market?
8 Company Profiles
8.1. Pernod Ricard SA
8.2. William Grant & Sons Ltd
8.3. The Edrington Group Ltd
8.4. LVMH Moet Hennessy Louis Vuitton SE
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, 2019-24
Table 2: Singapore spirits market volume: million liters, 2019-24
Table 3: Singapore spirits market category segmentation: % share, by value, 2019-24
Table 4: Singapore spirits market category segmentation: $ million, 2019-24
Table 5: Singapore spirits market geography segmentation: $ million, 2024
Table 6: Singapore spirits market distribution: % share, by volume, 2024
Table 7: Singapore spirits market value forecast: $ million, 2024-29
Table 8: Singapore spirits market volume forecast: million liters, 2024-29
Table 9: Singapore spirits market share: % share, by volume, 2024
Table 10: Pernod Ricard SA: Key Facts
Table 11: Pernod Ricard SA: Annual Financial Ratios
Table 12: Pernod Ricard SA: Key Employees
Table 13: William Grant & Sons Ltd: Key Facts
Table 14: William Grant & Sons Ltd: Key Employees
Table 15: The Edrington Group Ltd: Key Facts
Table 16: The Edrington Group Ltd: Key Employees
Table 17: LVMH Moet Hennessy Louis Vuitton SE: Key Facts
Table 18: LVMH Moet Hennessy Louis Vuitton SE: Annual Financial Ratios
Table 19: LVMH Moet Hennessy Louis Vuitton SE: Key Employees
Table 20: LVMH Moet Hennessy Louis Vuitton SE: Key Employees Continued
Table 21: Singapore Size of Population (Million), 2020-24
Table 22: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 23: Singapore GDP (Current Prices, $ Billion), 2020-24
Table 24: Singapore Inflation, 2020-24
Table 25: Singapore Consumer Price Index (Absolute), 2020-24
Table 26: Singapore Exchange Rate, 2019-24
List of Figures
Figure 1: Singapore spirits market value: $ million, 2019-24
Figure 2: Singapore spirits market volume: million liters, 2019-24
Figure 3: Singapore spirits market category segmentation: $ million, 2019-24
Figure 4: Singapore spirits market geography segmentation: % share, by value, 2024
Figure 5: Singapore spirits market distribution: % share, by volume, 2024
Figure 6: Singapore spirits market value forecast: $ million, 2024-29
Figure 7: Singapore spirits market volume forecast: million liters, 2024-29
Figure 8: Forces driving competition in the spirits market in Singapore, 2024
Figure 9: Drivers of buyer power in the spirits market in Singapore, 2024
Figure 10: Drivers of supplier power in the spirits market in Singapore, 2024
Figure 11: Factors influencing the likelihood of new entrants in the spirits market in Singapore, 2024
Figure 12: Factors influencing the threat of substitutes in the spirits market in Singapore, 2024
Figure 13: Drivers of degree of rivalry in the spirits market in Singapore, 2024
Figure 14: Singapore spirits market share: % share, by volume, 2024

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