Singapore Wine Market 2024

Description

According to the latest research, the wine market in Singapore is poised to grow by USD 231.1 million during 2024-2029, progressing at a CAGR of 4.9% during the forecast period. Wine festivals and events have gained popularity, drawing attendance from both local residents and international tourists. These gatherings offer valuable opportunities for consumers to discover diverse wines and deepen their understanding of wine culture. Media coverage, social media platforms, and lifestyle publications play pivotal roles in promoting wine culture and educating consumers on various wine types and brands.

The report provides a comprehensive analysis of the Singapore wine industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the wine sector.

Market Segmentation

The segmentation of the wine market in Singapore is outlined below:
Product: fortified wine, non-grape wine, sparkling wine, still wine, others
Distribution channel: supermarkets and hypermarkets, specialty stores, foodservice channels, e-commerce, others

The Singapore wine market is segmented on the basis of product, and distribution channel. By product, the wine market in Singapore has been segmented into fortified wine, non-grape wine, sparkling wine, still wine, and others. Based upon distribution channel, the wine market in Singapore is categorized into supermarkets and hypermarkets, specialty stores, foodservice channels, e-commerce, and others.

Competitive Landscape

The report also includes the profiles of leading companies such as Treasury Wine Estates Limited, Pernod Ricard Group, LVMH Moet Hennessy Louis Vuitton SA (LVMH), Tatsuuma-Honke Brewing Co. Ltd., Europeenne de Participations Industrielles (EPI) SAS.

The report offers a comprehensive review of the Singapore wine market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Singapore wine market.
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.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSingapore wine market – product analysis
Singapore wine market – distribution channel analysis
Key players and market share
– Treasury Wine Estates Limited
– Pernod Ricard Group
– LVMH Moet Hennessy Louis Vuitton SA (LVMH)
– Tatsuuma-Honke Brewing Co., Ltd.
– Europeenne de Participations Industrielles (EPI) SAS
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Singapore wine market 2019-2029
Chart Singapore wine market, net growth, 2019-2029
Chart Singapore wine market, growth rates, 2019-2029
Table Singapore wine market by product, 2019-2029
Chart Singapore wine market by product, CAGR historic and forecast, 2019-2029
Chart Singapore wine market by product, 2019-2029
Table Singapore wine market by distribution channel, 2019-2029
Chart Singapore wine market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Singapore wine market by distribution channel, 2019-2029
Table Singapore wine market share (%), by companies, 2019-2023
Chart Singapore wine market, by companies, 2023
Table Singapore wine market share (%), by brands, 2019-2023
Chart Singapore wine 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 wine market: spend as a proportion of GDP (%)
Table Singapore wine market: consumption per capita (population)