Mexico Rum Market by Distribution Channel | 2018-2030 | USD Million

Year ON-TRADE OFF-TRADE SUPERMARKETS & HYERMARKETS SPECIALTY STORES ONLINE OTHERS
2018 $ 35.3 $ 104.4 $ 43.7 $ 37.09 $ 15.43 $ 8.19
2019 $ 36.69 $ 109.39 $ 46.06 $ 38.9 $ 16.1 $ 8.33
2020 $ 36.75 $ 110.44 $ 46.78 $ 39.32 $ 16.19 $ 8.16
2021 $ 45.75 $ 138.57 $ 59.05 $ 49.38 $ 20.23 $ 9.92
2022 $ 53.64 $ 163.77 $ 70.21 $ 58.42 $ 23.82 $ 11.34
2023 $ 56.13 $ 172.87 $ 74.56 $ 61.6 $ 25.01 $ 11.71
2024 $ 58.71 $ 182.37 $ 79.13 $ 64.92 $ 26.26 $ 12.08
2025 $ 61.32 $ 192.11 $ 83.85 $ 68.32 $ 27.52 $ 12.43
2026 $ 64.04 $ 202.36 $ 88.86 $ 71.9 $ 28.85 $ 12.78
2027 $ 66.77 $ 212.8 $ 94.0 $ 75.53 $ 30.18 $ 13.1
2028 $ 69.69 $ 223.99 $ 99.54 $ 79.42 $ 31.61 $ 13.43
2029 $ 72.71 $ 235.69 $ 105.36 $ 83.49 $ 33.1 $ 13.76
2030 $ 75.7 $ 247.45 $ 111.29 $ 87.57 $ 34.58 $ 14.04
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Mexico Rum Market by Distribution Channel | 2018-2030 | USD Million

Synopsis
The above chart is Mexico Rum Market by Distribution Channel | 2018-2030 | USD Million

Market Dynamics

the demand for mexico rum has been steadily increasing in recent years, making it one of the most popular alcoholic beverages in the country. this demand is largely driven by the variety of distribution channels through which mexico rum is made available to consumers. the first and most traditional distribution channel for mexico rum is through the liquor and spirits retail stores. these stores offer a wide range of rum brands and flavors, making it easier for consumers to access their desired product. liquor stores often have knowledgeable staff who can help customers understand the different types and brands of rum available, making this channel a preferred choice for many consumers. another popular channel for mexico rum is restaurants and bars. these establishments not only offer the product for sale, but also provide a unique experience for consumers by offering various cocktails and mixed drinks made with mexico rum. this channel is especially appealing to young adults and tourists who are looking to try new and exotic flavors. online retail has also seen a surge in demand for mexico rum. many companies have shifted to e-commerce platforms to make their products more accessible to customers. this channel has the advantage of providing convenience to those who may not have access to physical retail stores or are looking for a wider selection of rum brands. furthermore, online retail also allows for easy comparison of prices and brands, giving consumers more control over their purchasing decisions. tourism is a major driver of the demand for mexico rum, with visitors from around the world seeking to take home a piece of the country's unique culture and flavors. this makes duty-free stores and airports a significant distribution channel for mexico rum. these outlets not only offer a wide range of rum brands, but also promotions and discounts that attract tourists to purchase the product. in addition to these channels, mexico rum is also distributed through wholesalers and directly to hotels and casinos, further expanding its reach and availability to consumers. with the variety of distribution channels available, the demand for mexico rum is expected to continue to grow, offering consumers a diverse selection and experience with this popular spirit.

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