Indian Tourists Boost Singapore Luxury Market Amid Global Downturn

• Indian tourists are among the biggest spenders on luxury goods in Singapore, helping the city-state defy a global downtrend.
• Indian visitors spent SGD 812.17 million in H1 2025, a 4.40% increase from the previous year.
• Indian travelers have high spending and longer average stays of 6.3 days, leading to increased discretionary spending.
• Singapore's luxury spending is projected to grow 7-9% to SGD 13.9 billion in 2025, outperforming other regional hubs.
• The growth is fueled by affluent consumers, high-net-worth individuals, and increased visibility of global luxury brands on Orchard Road.

Why It Matters: Indian tourists are driving Singapore's luxury market growth.