| Product Code: ETC6665047 | Publication Date: Sep 2024 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Canada premium spirits market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -11.79%. However, the compound annual growth rate (CAGR) for 2020-2024 stood at 3.76%. This decline in import momentum could be attributed to shifting consumer preferences, changing trade policies, or market saturation impacting demand.

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 Premium Spirits Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Premium Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Premium Spirits Market - Industry Life Cycle |
3.4 Canada Premium Spirits Market - Porter's Five Forces |
3.5 Canada Premium Spirits Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Canada Premium Spirits Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Canada Premium Spirits Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F |
3.8 Canada Premium Spirits Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Canada Premium Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for premium and high-quality spirits |
4.2.2 Growing trend of cocktail culture and mixology in Canada |
4.2.3 Rising disposable income leading to higher spending on premium spirits |
4.3 Market Restraints |
4.3.1 Stringent government regulations and taxes on alcohol sales and distribution |
4.3.2 Competition from other alcoholic beverages like craft beers and wines in the premium segment |
5 Canada Premium Spirits Market Trends |
6 Canada Premium Spirits Market, By Types |
6.1 Canada Premium Spirits Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Canada Premium Spirits Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Canada Premium Spirits Market Revenues & Volume, By Whisky, 2021- 2031F |
6.1.4 Canada Premium Spirits Market Revenues & Volume, By Rum, 2021- 2031F |
6.1.5 Canada Premium Spirits Market Revenues & Volume, By Vodka, 2021- 2031F |
6.1.6 Canada Premium Spirits Market Revenues & Volume, By Brandy, 2021- 2031F |
6.1.7 Canada Premium Spirits Market Revenues & Volume, By Tequila, 2021- 2031F |
6.1.8 Canada Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Canada Premium Spirits Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Canada Premium Spirits Market Revenues & Volume, By Natural, 2021- 2031F |
6.2.3 Canada Premium Spirits Market Revenues & Volume, By Flavored, 2021- 2031F |
6.3 Canada Premium Spirits Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 Canada Premium Spirits Market Revenues & Volume, By Online, 2021- 2031F |
6.3.3 Canada Premium Spirits Market Revenues & Volume, By E-commerce websites, 2021- 2031F |
6.3.4 Canada Premium Spirits Market Revenues & Volume, By Company-owned websites, 2021- 2031F |
6.3.5 Canada Premium Spirits Market Revenues & Volume, By Offline, 2021- 2031F |
6.3.6 Canada Premium Spirits Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.3.7 Canada Premium Spirits Market Revenues & Volume, By Spatiality Stores, 2021- 2031F |
6.3.8 Canada Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Canada Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Canada Premium Spirits Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Canada Premium Spirits Market Revenues & Volume, By Household, 2021- 2031F |
6.4.3 Canada Premium Spirits Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 Canada Premium Spirits Market Revenues & Volume, By Restaurants, 2021- 2031F |
6.4.5 Canada Premium Spirits Market Revenues & Volume, By Cafes, 2021- 2031F |
6.4.6 Canada Premium Spirits Market Revenues & Volume, By Hotels, 2021- 2031F |
6.4.7 Canada Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
7 Canada Premium Spirits Market Import-Export Trade Statistics |
7.1 Canada Premium Spirits Market Export to Major Countries |
7.2 Canada Premium Spirits Market Imports from Major Countries |
8 Canada Premium Spirits Market Key Performance Indicators |
8.1 Average selling price of premium spirits in Canada |
8.2 Number of premium spirits brands entering the Canadian market |
8.3 Consumer sentiment and engagement with premium spirits through social media campaigns and influencer marketing |
8.4 Number of premium spirits-focused events and festivals in Canada |
8.5 Growth in the number of premium spirits bars and lounges across major Canadian cities |
9 Canada Premium Spirits Market - Opportunity Assessment |
9.1 Canada Premium Spirits Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Canada Premium Spirits Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Canada Premium Spirits Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
9.4 Canada Premium Spirits Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Canada Premium Spirits Market - Competitive Landscape |
10.1 Canada Premium Spirits Market Revenue Share, By Companies, 2024 |
10.2 Canada Premium Spirits 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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