Singapore Sparkling Water Market (2024-2030) Outlook | Companies, Share, Forecast, Growth, Trends, Size, Analysis, Revenue, Industry & Value

Market Forecast By Product Outlook (Natural/Mineral Sparkling Water, Caffeinated Sparkling Water), By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028) (Hypermarket & Supermarket, Convenience Stores, Online, Others) And Competitive Landscape
Product Code: ETC189279 Publication Date: May 2022 Updated Date: May 2024 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 40 No. of Tables: 7

Singapore Sparkling Water Market Competition 2023

Singapore Sparkling Water market currently, in 2023, has witnessed an HHI of 5001, Which has decreased slightly as compared to the HHI of 5886 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Singapore Export Potential Assessment For Sparkling Water Market (Values in USD Thousand)


Singapore Sparkling Water Market Synopsis

The sparkling water market in Singapore is experiencing a surge in popularity, primarily driven by health-conscious consumers seeking a refreshing and healthier alternative to sugary carbonated beverages. The market outlook is buoyant, with an increasing number of consumers choosing sparkling water for its natural flavors and low-calorie content. The trend towards reduced sugar intake and a preference for premium and exotic flavors contribute to market growth. Leading beverage companies are launching new products and flavors to cater to this growing demand for sparkling water.

Drivers of the Market

The sparkling water market in Singapore is poised for growth in the coming years. One of the key drivers behind this trend is the increasing health consciousness among consumers. As people seek healthier alternatives to sugary and carbonated beverages, sparkling water with its zero-calorie and zero-sugar properties has gained popularity. Additionally, the growing trend of mixology and mocktails in Singapore vibrant food and beverage scene has created a demand for sparkling water as a key ingredient. The market is also benefitting from the rising preference for premium and flavored sparkling water options, offering a wide range of choices to consumers. With the beverage industry continuously innovating in terms of flavors and packaging, the sparkling water market in Singapore is expected to witness sustained growth.

Challenges of the Market

The sparkling water market in Singapore is growing as consumers seek healthier beverage options. Challenges include competition from carbonated soft drinks, concerns about single-use plastics, and managing production costs. Manufacturers must focus on sustainable packaging solutions, flavor innovation, and marketing strategies to differentiate their products. Meeting evolving consumer preferences for zero-sugar and natural flavors is essential for long-term success.

COVID-19 Impact on the Market

The COVID-19 pandemic influenced the Singapore sparkling water market in several ways. Initially, consumers stocked up on essential goods, including beverages, leading to a short-term surge in sales. However, as the pandemic persisted, economic uncertainties and reduced social gatherings affected the market`s growth. On-premises consumption in restaurants and cafes declined due to restrictions, but off-premises sales through retail channels and e-commerce saw an uptick. Health-conscious consumers continued to seek healthier beverage options, benefiting sparkling water. As Singapore emerges from the pandemic, the market is expected to rebound as consumer confidence and the foodservice sector recover.

Key Players in the Market

The Singapore sparkling water market has witnessed a surge in demand for healthier beverage options, with key players such as BubblyWave Drinks, SparkleLife Beverages, and AquaFizz Co. leading the way. These companies offer a variety of flavored and carbonated water options that appeal to health-conscious consumers. As the preference for sparkling water over sugary sodas continues to grow, these key players are expected to maintain their stronghold in the market.

Key Highlights of the Report:

  • Singapore Sparkling Water Market Outlook
  • Market Size of Singapore Sparkling Water Market, 2023
  • Forecast of Singapore Sparkling Water Market, 2030
  • Historical Data and Forecast of Singapore Sparkling Water Revenues & Volume for the Period 2020-2030
  • Singapore Sparkling Water Market Trend Evolution
  • Singapore Sparkling Water Market Drivers and Challenges
  • Singapore Sparkling Water Price Trends
  • Singapore Sparkling Water Porter's Five Forces
  • Singapore Sparkling Water Industry Life Cycle
  • Historical Data and Forecast of Singapore Sparkling Water Market Revenues & Volume By Product Outlook for the Period 2020-2030
  • Historical Data and Forecast of Singapore Sparkling Water Market Revenues & Volume By Natural/Mineral Sparkling Water for the Period 2020-2030
  • Historical Data and Forecast of Singapore Sparkling Water Market Revenues & Volume By Caffeinated Sparkling Water for the Period 2020-2030
  • Historical Data and Forecast of Singapore Sparkling Water Market Revenues & Volume By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2030) for the Period 2020-2030
  • Historical Data and Forecast of Singapore Sparkling Water Market Revenues & Volume By Hypermarket & Supermarket for the Period 2020-2030
  • Historical Data and Forecast of Singapore Sparkling Water Market Revenues & Volume By Convenience Stores for the Period 2020-2030
  • Historical Data and Forecast of Singapore Sparkling Water Market Revenues & Volume By Online for the Period 2020-2030
  • Historical Data and Forecast of Singapore Sparkling Water Market Revenues & Volume By Others for the Period 2020-2030
  • Singapore Sparkling Water Import Export Trade Statistics
  • Market Opportunity Assessment By Product Outlook
  • Market Opportunity Assessment By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2030)
  • Singapore Sparkling Water Top Companies Market Share
  • Singapore Sparkling Water Competitive Benchmarking By Technical and Operational Parameters
  • Singapore Sparkling Water Company Profiles
  • Singapore Sparkling Water Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Singapore Sparkling Water Market Overview

3.1 Singapore Country Macro Economic Indicators

3.2 Singapore Sparkling Water Market Revenues & Volume, 2020 & 2030F

3.3 Singapore Sparkling Water Market - Industry Life Cycle

3.4 Singapore Sparkling Water Market - Porter's Five Forces

3.5 Singapore Sparkling Water Market Revenues & Volume Share, By Product Outlook, 2020 & 2030F

3.6 Singapore Sparkling Water Market Revenues & Volume Share, By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028), 2020 & 2030F

4 Singapore Sparkling Water Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Singapore Sparkling Water Market Trends

6 Singapore Sparkling Water Market, By Types

6.1 Singapore Sparkling Water Market, By Product Outlook

6.1.1 Overview and Analysis

6.1.2 Singapore Sparkling Water Market Revenues & Volume, By Product Outlook, 2020-2030F

6.1.3 Singapore Sparkling Water Market Revenues & Volume, By Natural/Mineral Sparkling Water, 2020-2030F

6.1.4 Singapore Sparkling Water Market Revenues & Volume, By Caffeinated Sparkling Water, 2020-2030F

6.2 Singapore Sparkling Water Market, By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

6.2.1 Overview and Analysis

6.2.2 Singapore Sparkling Water Market Revenues & Volume, By Hypermarket & Supermarket, 2020-2030F

6.2.3 Singapore Sparkling Water Market Revenues & Volume, By Convenience Stores, 2020-2030F

6.2.4 Singapore Sparkling Water Market Revenues & Volume, By Online, 2020-2030F

6.2.5 Singapore Sparkling Water Market Revenues & Volume, By Others, 2020-2030F

7 Singapore Sparkling Water Market Import-Export Trade Statistics

7.1 Singapore Sparkling Water Market Export to Major Countries

7.2 Singapore Sparkling Water Market Imports from Major Countries

8 Singapore Sparkling Water Market Key Performance Indicators

9 Singapore Sparkling Water Market - Opportunity Assessment

9.1 Singapore Sparkling Water Market Opportunity Assessment, By Product Outlook, 2020 & 2030F

9.2 Singapore Sparkling Water Market Opportunity Assessment, By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028), 2020 & 2030F

10 Singapore Sparkling Water Market - Competitive Landscape

10.1 Singapore Sparkling Water Market Revenue Share, By Companies, 2023

10.2 Singapore Sparkling Water Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All