
Singapore Spirits
Description
Spirits in Singapore
Spirits in Singapore recorded a total volume decline in in 2023, after seeing growth throughout the rest of the review period. Notably, the off-trade channel experienced a far stronger decline than the on-trade channel. The on-trade channel itself saw a slight dip in volume sales due to the high cost of living, which caused more consumers to be budget-conscious and reduce their frequency of visits to restaurants, bars, and pubs. Nonetheless, Singapore’s solid reputation for its vibrant cocktail...
Euromonitor International's Spirits in Singapore report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Brandy and Cognac, Liqueurs, Non Alcoholic Spirits, Other Spirits, Rum, Tequila (and Mezcal), Whiskies, White Spirits.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Spirits market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
37 Pages
- Spirits in Singapore
- Euromonitor International
- July 2024
- List Of Contents And Tables
- SPIRITS IN SINGAPORE
- KEY DATA FINDINGS
- 2023 DEVELOPMENTS
- Despite facing challenges in spirits volume consumption, Singapore remains important as a cocktail capital in the region
- Soju players attract consumers with taste innovations
- Sustainable packaging is an area of interest both on-trade and off-trade
- PROSPECTS AND OPPORTUNITIES
- Premiumisation will continue to drive value growth in spirits
- Future opportunities for botanicals in gin
- Non alcoholic spirits has further potential along with increasing moderation trend
- CATEGORY BACKGROUND
- Vodka, gin, other blended Scotch whisky, dark rum and white rum price band methodology
- Summary 1 Benchmark Brands 2023
- CATEGORY DATA
- Table 1 Sales of Spirits by Category: Total Volume 2018-2023
- Table 2 Sales of Spirits by Category: Total Value 2018-2023
- Table 3 Sales of Spirits by Category: % Total Volume Growth 2018-2023
- Table 4 Sales of Spirits by Category: % Total Value Growth 2018-2023
- Table 5 Sales of Spirits by Off-trade vs On-trade: Volume 2018-2023
- Table 6 Sales of Spirits by Off-trade vs On-trade: Value 2018-2023
- Table 7 Sales of Spirits by Off-trade vs On-trade: % Volume Growth 2018-2023
- Table 8 Sales of Spirits by Off-trade vs On-trade: % Value Growth 2018-2023
- Table 9 Sales of Dark Rum by Price Platform: % Total Volume 2018-2023
- Table 10 Sales of White Rum by Price Platform: % Total Volume 2018-2023
- Table 11 Sales of Other Blended Scotch Whisky by Price Platform: % Total Volume 2018-2023
- Table 12 Sales of English Gin by Price Platform: % Total Volume 2018-2023
- Table 13 Sales of Vodka by Price Platform: % Total Volume 2018-2023
- Table 14 Sales of Vodka by Flavoured vs Non-flavoured: % Total Volume 2018-2023
- Table 15 GBO Company Shares of Spirits: % Total Volume 2019-2023
- Table 16 NBO Company Shares of Spirits: % Total Volume 2019-2023
- Table 17 LBN Brand Shares of Spirits: % Total Volume 2020-2023
- Table 18 Forecast Sales of Spirits by Category: Total Volume 2023-2028
- Table 19 Forecast Sales of Spirits by Category: Total Value 2023-2028
- Table 20 Forecast Sales of Spirits by Category: % Total Volume Growth 2023-2028
- Table 21 Forecast Sales of Spirits by Category: % Total Value Growth 2023-2028
- ALCOHOLIC DRINKS IN SINGAPORE
- EXECUTIVE SUMMARY
- Alcoholic drinks in 2023: The big picture
- 2023 key trends
- Competitive landscape
- Retailing developments
- On-trade vs off-trade split
- What next for alcoholic drinks?
- MARKET BACKGROUND
- Legislation
- Legal purchasing age and legal drinking age
- Drink driving
- Advertising
- Smoking ban
- Opening hours
- On-trade establishments
- Table 22 Number of On-trade Establishments by Type 2017-2023
- TAXATION AND DUTY LEVIES
- Summary 2 Taxation and Duty Levies on Alcoholic Drinks 2023
- OPERATING ENVIRONMENT
- Contraband/parallel trade
- Duty free
- Cross-border/private imports
- KEY NEW PRODUCT LAUNCHES
- Outlook
- MARKET INDICATORS
- Table 23 Retail Consumer Expenditure on Alcoholic Drinks 2018-2023
- MARKET DATA
- Table 24 Sales of Alcoholic Drinks by Category: Total Volume 2018-2023
- Table 25 Sales of Alcoholic Drinks by Category: Total Value 2018-2023
- Table 26 Sales of Alcoholic Drinks by Category: % Total Volume Growth 2018-2023
- Table 27 Sales of Alcoholic Drinks by Category: % Total Value Growth 2018-2023
- Table 28 Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: Volume 2023
- Table 29 Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: Value 2023
- Table 30 Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: % Volume 2023
- Table 31 Sales of Alcoholic Drinks by Category by Off-trade vs On-trade: % Value 2023
- Table 32 GBO Company Shares of Alcoholic Drinks: % Total Volume 2019-2023
- Table 33 Distribution of Alcoholic Drinks by Format: % Off-trade Value 2018-2023
- Table 34 Distribution of Alcoholic Drinks by Format and by Category: % Off-trade Volume 2023
- Table 35 Forecast Sales of Alcoholic Drinks by Category: Total Volume 2023-2028
- Table 36 Forecast Sales of Alcoholic Drinks by Category: Total Value 2023-2028
- Table 37 Forecast Sales of Alcoholic Drinks by Category: % Total Volume Growth 2023-2028
- Table 38 Forecast Sales of Alcoholic Drinks by Category: % Total Value Growth 2023-2028
- DISCLAIMER
- SOURCES
- Summary 3 Research Sources
Pricing
Currency Rates
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