Singapore Cannabis Market Size & Outlook, 2026-2034


Singapore Cannabis Market Insights

  • According to Deep Market Insights analysis, the Singapore Cannabis Market size was USD 853.68 Million in 2025 and is projected to reach USD 13996.09 Million by 2034.
  • The Singapore market is projected to grow at a CAGR of 36.73% between 2026 and 2034.
  • By segment, Dispensaries emerged as the largest in terms of market size in 2025.
  • Pharmacies is anticipated to remain the most attractive segment, recording the fastest growth during the forecast period.

Other Key Findings


  • In 2025, Singapore represented 0.61% of the overall global Cannabis Market size.
  • United States is projected to lead the global Cannabis Market size by 2034.
  • Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2034.
  • Singapore is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 14258.52 Million by 2034.

Report Summary

Report Scope Details
Base Year for Study 2025
Study Period 2022-2034
Historical Period 2022-2024
Forecast Period 2026-2034
Market Size In 2025 USD 853.68 Million
Market Size In 2034 USD 13996.09 Million
Largest segment Dispensaries
Units Revenue in USD Million
CAGR 36.73% (2026-2034)
Segmnetation Covered
  1. Dispensaries
  2. Online retail
  3. Pharmacies
  4. Specialty stores
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends