| Product Code: ETC6654186 | Publication Date: Sep 2024 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Canada`s import trend for the craft rum market showed a decline from 2023 to 2024, with a growth rate of -3.81%. The compound annual growth rate (CAGR) for the period from 2020 to 2024 was -0.67%. This decline could be attributed to shifting consumer preferences or changes in trade policies impacting the market stability.

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 Canada Craft Rum Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Craft Rum Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Craft Rum Market - Industry Life Cycle |
3.4 Canada Craft Rum Market - Porter's Five Forces |
3.5 Canada Craft Rum Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Canada Craft Rum Market Revenues & Volume Share, By Volume, 2021 & 2031F |
3.7 Canada Craft Rum Market Revenues & Volume Share, By Pricing, 2021 & 2031F |
3.8 Canada Craft Rum Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.9 Canada Craft Rum Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Canada Craft Rum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer interest in craft spirits and unique flavor profiles |
4.2.2 Growing trend towards supporting local and artisanal products |
4.2.3 Rising popularity of cocktail culture and mixology in Canada |
4.3 Market Restraints |
4.3.1 Limited awareness and distribution of craft rum compared to other spirits |
4.3.2 Challenges in competing with established rum brands in the market |
5 Canada Craft Rum Market Trends |
6 Canada Craft Rum Market, By Types |
6.1 Canada Craft Rum Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Craft Rum Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Canada Craft Rum Market Revenues & Volume, By Light Rum, 2021- 2031F |
6.1.4 Canada Craft Rum Market Revenues & Volume, By Gold Rum, 2021- 2031F |
6.1.5 Canada Craft Rum Market Revenues & Volume, By Dark/Black Rum, 2021- 2031F |
6.1.6 Canada Craft Rum Market Revenues & Volume, By Rhum Agricole, 2021- 2031F |
6.1.7 Canada Craft Rum Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Canada Craft Rum Market, By Volume |
6.2.1 Overview and Analysis |
6.2.2 Canada Craft Rum Market Revenues & Volume, By Under 350ml, 2021- 2031F |
6.2.3 Canada Craft Rum Market Revenues & Volume, By 351ml - 750ml, 2021- 2031F |
6.2.4 Canada Craft Rum Market Revenues & Volume, By Above 750ml, 2021- 2031F |
6.3 Canada Craft Rum Market, By Pricing |
6.3.1 Overview and Analysis |
6.3.2 Canada Craft Rum Market Revenues & Volume, By Mass, 2021- 2031F |
6.3.3 Canada Craft Rum Market Revenues & Volume, By Premium, 2021- 2031F |
6.4 Canada Craft Rum Market, By End-user |
6.4.1 Overview and Analysis |
6.4.2 Canada Craft Rum Market Revenues & Volume, By Individual, 2021- 2031F |
6.4.3 Canada Craft Rum Market Revenues & Volume, By Commercial, 2021- 2031F |
6.5 Canada Craft Rum Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Canada Craft Rum Market Revenues & Volume, By Online, 2021- 2031F |
6.5.3 Canada Craft Rum Market Revenues & Volume, By Offline, 2021- 2031F |
7 Canada Craft Rum Market Import-Export Trade Statistics |
7.1 Canada Craft Rum Market Export to Major Countries |
7.2 Canada Craft Rum Market Imports from Major Countries |
8 Canada Craft Rum Market Key Performance Indicators |
8.1 Number of craft rum distilleries in Canada |
8.2 Percentage growth in craft rum sales in bars and restaurants |
8.3 Number of awards won by Canadian craft rum brands |
8.4 Consumer engagement on social media platforms for craft rum brands |
9 Canada Craft Rum Market - Opportunity Assessment |
9.1 Canada Craft Rum Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Canada Craft Rum Market Opportunity Assessment, By Volume, 2021 & 2031F |
9.3 Canada Craft Rum Market Opportunity Assessment, By Pricing, 2021 & 2031F |
9.4 Canada Craft Rum Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.5 Canada Craft Rum Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Canada Craft Rum Market - Competitive Landscape |
10.1 Canada Craft Rum Market Revenue Share, By Companies, 2024 |
10.2 Canada Craft Rum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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