Industry Analysis & Industry Trends
The strengthening dollar has made imported spirits relatively cheaper for Canadians, which has led to a decrease in revenue for the domestic Distilleries industry. Over the past five years, IBISWorld anticipates that the value of the dollar has increased relative to the currencies of the country's major trading partners. Adding to the industry's woes, per capita alcohol consumption is on track to decrease about 0.4% per year on average over the same period. Thus, revenue is expected to fall at an annualized rate of 1.3% over the five years to 2014, including a 3.2% decline in 2014, to total $933.9 million.
Despite a contracting market for domestic brews, the Distilleries industry has seen an influx of new businesses... purchase to read more
Industry Report - Industry Locations Chapter
Distilleries are located mainly in the border regions of Canada, with the distribution of production centers roughly in line with population density. The sole exception to this is a disproportionate presence in eastern provinces like Quebec, Newfoundland and Nova Scotia. These three provinces comprise about 41.4% of establishments, but house just 27.3% of the population. This region benefits from ports, which can decrease production costs. Meanwhile, many smaller and remote territories, such as Northern Territories and New Brunswick, do not house any industry establishments... purchase to read more