Cafés/Bars in Singapore

Cafés/bars exhibited modest foodservice sales growth in current value terms in 2024, however this represented a slowdown as compared to the previous year’s growth. This can be attributed to rising prices and growing value-seeking behaviour amongst consumers, with the volume of transactions actually seeing slightly stronger growth in 2024 than in 2023. Prices rose in part due to the increase in Singapore’s goods and services tax (GST) rate from 8% to 9% as from 1 January 2024. This increase not o...

Euromonitor International's Cafés/Bars in Singapore report offers a comprehensive guide to the size and shape of the market at a national level. It provides foodservice sales, the number of outlets and the number of transactions by sector, allowing you to identify the foodservice sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they eating habits, lifestyle changes, tourism spending or legislative issues. Forecasts to 2029 illustrate how the market is set to change.

Product coverage: Bars/Pubs, Cafés, Chained Cafés/Bars, Independent Cafés/Bars, Juice/Smoothie Bars, Specialist Coffee and Tea Shops.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Cafés/Bars market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.