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Where rum brand owners can find opportunities in global travel retail – Category Intel

Joe Bates
Last updated: 06/05/2024 at 4:24 PM
By Joe Bates
2 May 2024
15 Min Read

Rum has always punched below its weight in the global travel retail channel, but the category is now finally beginning to expand and premiumise.


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Since the height of the Covid-19 pandemic, rum has performed brightly in global travel retail — the strong US dollar, a surge in international ‘revenge’ travel by US passengers and a widening appreciation of premium-plus rum in markets such as the UK have propelled the category forward. In 2022, an anomalous year marked by the relaxation of Covid-induced travel restrictions, GTR rum sales grew by nearly 100%, according to IWSR Drinks Market Analysis.Despite these promising signs, the segment still has a way to go to live up to its potential in the channel. The category relies too he

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Joe Bates
ByJoe Bates
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Joe has been a business journalist for over 20 years, specialising in the drinks, aviation and Global Travel Retail sectors; Duty-Free News International, IWSR Magazine, Drinks International and Whisky Magazine, among others.
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