PUBLISHER: Euromonitor International | PRODUCT CODE: 2125198
PUBLISHER: Euromonitor International | PRODUCT CODE: 2125198
Alcoholic drinks in Singapore in 2025 saw a marked contraction in total volume, falling by 5% to 149 million litres despite a robust 5% GDP growth, underscoring the impact of high living costs, increased GST, and elevated excise duties on discretionary spending and routine drinking occasions. While the region broadly exhibits cautious consumer behaviour, Singapore's market stands out for its sharp polarisation, with spending splitting between affordable everyday choices and premium, experience-driven purchases, leaving little space for mid-tier propositions. The resilience in value, with only a 1% decline to SGD6.27 billion, signalled the effectiveness of premiumisation strategies and the sustained demand for high-quality experiences, particularly in spirits, the only alcoholic drinks to register volume growth of 2%.For businesses, the environment remains attractive for those positioned at the extremes, whether offering clear value or delivering premium, curated occasions, while operators in the mid-tier face mounting challenges. Success depends on leveraging differentiated positioning, investing in immersive brand experiences, and rapidly adapting to the rise of nolo offerings, as wellness and moderation fundamentally reshape both consumption and product innovation.
Euromonitor International's Alcoholic Drinks 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 (2021-2025), 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 2030 illustrate how the market is set to change.
Product coverage: Beer, Cider/Perry, RTDs, Spirits, Wine.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Euromonitor International has over 50 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo, Bengaluru, Sao Paulo, Seoul, Hong Kong, Dusseldorf and Mexico City and a network of analysts in 100 countries, Euromonitor International has a unique capability and an understanding of diverse markets to develop reliable information resources to help drive informed strategic planning. To learn more about how our research solutions can support you, contact your local Euromonitor International office.