YoY growth of the alcoholic drinks sector Singapore 2020-2021
The alcoholic beverage sector in Singapore is set for a 4.8 percent year-over-year growth rate for 2021, representing a rebound from a market contraction seen in 2020. As a result of COVID-19 related restrictions on sales of alcohol, there was a 9.3 percent decrease in year-over-year growth in 2020.