Summary
Wine in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 wine market consists of the sale of still wine, sparkling wine, and fortified wine. 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 the constant annual average 2024 exchange rates.
- The Singaporean Wine market recorded revenues of $1,703.8 million in 2024, representing a compound annual growth rate (CAGR) of 5.0% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 0.8% between 2019 and 2024, reaching a total of 17.4 million liters in 2024.
- The Singaporean wine market recorded sluggish growth during 2019-24 due to the city-state’s large population and a growing number of visitors who favor wine as their beverage of choice.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the wine market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the wine market in Singapore
- Leading company profiles reveal details of key wine market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore wine market with five year forecasts
Reasons to Buy
- What was the size of the Singapore wine market by value in 2024?
- What will be the size of the Singapore wine market in 2029?
- What factors are affecting the strength of competition in the Singapore wine market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's wine market?
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Table of Contents
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 wine 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 over the same period?
7.5. What have been the most significant M&A deals in the Singaporean wine market during (2021-24)?
8 Company Profiles
8.1. Treasury Wine Estates Ltd
8.2. Pernod Ricard SA
8.3. Wine Chateau Inc
8.4. Vina Concha y Toro SA
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 wine market value: $ million, 2019-24
Table 2: Singapore wine market volume: million liters, 2019-24
Table 3: Singapore wine market category segmentation: % share, by value, 2019-24
Table 4: Singapore wine market category segmentation: $ million, 2019-24
Table 5: Singapore wine market geography segmentation: $ million, 2024
Table 6: Singapore wine market distribution: % share, by volume, 2024
Table 7: Singapore wine market value forecast: $ million, 2024-29
Table 8: Singapore wine market volume forecast: million liters, 2024-29
Table 9: Singapore wine market share: % share, by volume, 2024
Table 10: Treasury Wine Estates Ltd: Key Facts
Table 11: Treasury Wine Estates Ltd: Annual Financial Ratios
Table 12: Treasury Wine Estates Ltd: Key Employees
Table 13: Pernod Ricard SA: Key Facts
Table 14: Pernod Ricard SA: Annual Financial Ratios
Table 15: Pernod Ricard SA: Key Employees
Table 16: Wine Chateau Inc: Key Facts
Table 17: Vina Concha y Toro SA: Key Facts
Table 18: Vina Concha y Toro SA: Annual Financial Ratios
Table 19: Vina Concha y Toro SA: Key Employees
Table 20: Singapore Size of Population (Million), 2020-24
Table 21: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: Singapore GDP (Current Prices, $ Billion), 2020-24
Table 23: Singapore Inflation, 2020-24
Table 24: Singapore Consumer Price Index (Absolute), 2020-24
Table 25: Singapore Exchange Rate, 2019-24
List of Figures
Figure 1: Singapore wine market value: $ million, 2019-24
Figure 2: Singapore wine market volume: million liters, 2019-24
Figure 3: Singapore wine market category segmentation: $ million, 2019-24
Figure 4: Singapore wine market geography segmentation: % share, by value, 2024
Figure 5: Singapore wine market distribution: % share, by volume, 2024
Figure 6: Singapore wine market value forecast: $ million, 2024-29
Figure 7: Singapore wine market volume forecast: million liters, 2024-29
Figure 8: Forces driving competition in the wine market in Singapore, 2024
Figure 9: Drivers of buyer power in the wine market in Singapore, 2024
Figure 10: Drivers of supplier power in the wine market in Singapore, 2024
Figure 11: Factors influencing the likelihood of new entrants in the wine market in Singapore, 2024
Figure 12: Factors influencing the threat of substitutes in the wine market in Singapore, 2024
Figure 13: Drivers of degree of rivalry in the wine market in Singapore, 2024
Figure 14: Singapore wine market share: % share, by volume, 2024
