Singapore Premium Wine Market to 2032
Overview
The Singapore Premium Wine Market is expected to reach a 1,230.46 USD Million by 2032 and is projected to grow at a CAGR of 7.93% from 2025 to 2032.
Revenue, 2024 (USD Million)
795.20
Forecast, 2032 (USD Million)
1,230.46
CAGR, 2024 - 2032
7.93%
Report Coverage
Singapore
Singapore Premium Wine Market 2018-2032 USD Million
Singapore Premium Wine Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 795.20 USD Million
- Projected Market Size (2032): 1,230.46 USD Million
- CAGR (2025-2032): 7.93%
Key Findings of Singapore Premium Wine Market
- The Singapore Premium Wine Market was valued at 795.20 USD Million in 2024.
- The Singapore Premium Wine Market is likely to grow at a CAGR of 7.93% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Alcoholic in Product Category Segment accounted for the largest share of the market with a revenue of 607.96 USD Million
- The fastest growing segment 1-17 Years in Ageing Years Segment grew Fastest with a CAGR of 12.10% during the forecast period from 2024 to 2032.
Singapore Premium Wine Market Scope
Singapore Premium Wine Market Segmentation & Scope
Flavor
- Original
- Flavored
Ageing Years
- 65+ Years
- 45-64 Years
- 25-44 Years
- 18-24 Years
- 1-17 Years
Distribution Channel
- Online Retailers
- Store Based Retailers
Price Range
- Super Premium
- Premium
Ageing Barrel Type
- Maple
- Others
- Cedar
- Hickory
- Oak
Product Category
- Non-Alcoholic
- Alcoholic
Product Type
- Dessert Wine
- Fortified Wine
- Sparkling Wine
- Still Wine
Wine Colour
- Others
- Rose Wine
- White Wine
- Red Wine
Singapore Premium Wine Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 795.20 USD Million |
| Market Value in 2032 | 1,230.46 USD Million |
| CAGR (2025-2032) | 7.93% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Flavor,Ageing Years,Distribution Channel,Price Range,Ageing Barrel Type,Product Category,Product Type,Wine Colour |
Regional Insights:
-
Leading Market (2024-2032): Singapore, leading in terms of revenue 795.20 USD Million in 2024
- Key Country: Singapore, leading in terms of revenue with value of 795.20 USD Million in 2024.
Segments and Scope
-
Singapore Premium Wine Market to 2032, By Flavor
- Flavored is the largest segment in Singapore Premium Wine Market to 2032 with a revenue of 532.76 USD Million in the year 2024.
- Flavored is the Fastest growing segment in Singapore Premium Wine Market to 2032 with a Growth rate of 8.23 % in forecast period 2025-2032.
-
Singapore Premium Wine Market to 2032, By Ageing Years
- 1-17 Years is the largest segment in Singapore Premium Wine Market to 2032 with a revenue of 268.62 USD Million in the year 2024.
- 1-17 Years is the Fastest growing segment in Singapore Premium Wine Market to 2032 with a Growth rate of 12.10 % in forecast period 2025-2032.
-
Singapore Premium Wine Market to 2032, By Distribution Channel
- Store Based Retailers is the largest segment in Singapore Premium Wine Market to 2032 with a revenue of 528.68 USD Million in the year 2024.
- Store Based Retailers is the Fastest growing segment in Singapore Premium Wine Market to 2032 with a Growth rate of 8.31 % in forecast period 2025-2032.
-
Singapore Premium Wine Market to 2032, By Price Range
- Premium is the largest segment in Singapore Premium Wine Market to 2032 with a revenue of 564.81 USD Million in the year 2024.
- Premium is the Fastest growing segment in Singapore Premium Wine Market to 2032 with a Growth rate of 8.05 % in forecast period 2025-2032.
-
Singapore Premium Wine Market to 2032, By Ageing Barrel Type
- Oak is the largest segment in Singapore Premium Wine Market to 2032 with a revenue of 320.05 USD Million in the year 2024.
- Oak is the Fastest growing segment in Singapore Premium Wine Market to 2032 with a Growth rate of 9.33 % in forecast period 2025-2032.
-
Singapore Premium Wine Market to 2032, By Product Category
- Alcoholic is the largest segment in Singapore Premium Wine Market to 2032 with a revenue of 607.96 USD Million in the year 2024.
- Alcoholic is the Fastest growing segment in Singapore Premium Wine Market to 2032 with a Growth rate of 8.72 % in forecast period 2025-2032.
-
Singapore Premium Wine Market to 2032, By Product Type
- Still Wine is the largest segment in Singapore Premium Wine Market to 2032 with a revenue of 445.37 USD Million in the year 2024.
- Still Wine is the Fastest growing segment in Singapore Premium Wine Market to 2032 with a Growth rate of 9.46 % in forecast period 2025-2032.
-
Singapore Premium Wine Market to 2032, By Wine Colour
- Red Wine is the largest segment in Singapore Premium Wine Market to 2032 with a revenue of 494.08 USD Million in the year 2024.
- Red Wine is the Fastest growing segment in Singapore Premium Wine Market to 2032 with a Growth rate of 8.59 % in forecast period 2025-2032.
Singapore Premium Wine Market Company Share Analysis
Singapore Premium Wine Market Geographical Sales Distribution, 2018-2032 USD Million
Singapore Premium Wine Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Singapore Premium Wine Market is segmented based on Segmentation Flavor,Ageing Years,Distribution Channel,Price Range,Ageing Barrel Type,Product Category,Product Type,Wine Colour.
Singapore Premium Wine Market was valued at USD 795.20(Revenue in USD Million) in 2021.
Singapore Premium Wine Market is projected to grow at a CAGR of 7.93% during the forecast period of 2024 to 2032.
The Alcoholic segment is expected to dominate the Singapore Premium Wine Market, holding a largest market share of 607.96 USD Million in 2024
Singapore Premium Wine Market Scope
Singapore Premium Wine Market Segmentation & Scope
Flavor
- Original
- Flavored
Ageing Years
- 65+ Years
- 45-64 Years
- 25-44 Years
- 18-24 Years
- 1-17 Years
Distribution Channel
- Online Retailers
- Store Based Retailers
Price Range
- Super Premium
- Premium
Ageing Barrel Type
- Maple
- Others
- Cedar
- Hickory
- Oak
Product Category
- Non-Alcoholic
- Alcoholic
Product Type
- Dessert Wine
- Fortified Wine
- Sparkling Wine
- Still Wine
Wine Colour
- Others
- Rose Wine
- White Wine
- Red Wine
Frequently Asked Questions
The Singapore Premium Wine Market is segmented based on Segmentation Flavor,Ageing Years,Distribution Channel,Price Range,Ageing Barrel Type,Product Category,Product Type,Wine Colour.
Singapore Premium Wine Market was valued at USD 795.20(Revenue in USD Million) in 2021.
Singapore Premium Wine Market is projected to grow at a CAGR of 7.93% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Premium Wine Market for final year is USD 1,230.46 (USD Million).
Singapore Premium Wine Market Company Profiling
Frequently Asked Questions
The Singapore Premium Wine Market is segmented based on Segmentation Flavor,Ageing Years,Distribution Channel,Price Range,Ageing Barrel Type,Product Category,Product Type,Wine Colour.
Singapore Premium Wine Market was valued at USD 795.20(Revenue in USD Million) in 2021.
Singapore Premium Wine Market is projected to grow at a CAGR of 7.93% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Premium Wine Market for final year is USD 1,230.46 (USD Million).
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