Pubs, Bars And Nightclubs Market 2024-2028
The pubs, bars and nightclubs market is forecasted to grow by USD 27.7 bn during 2023-2028, accelerating at a CAGR of 4.37% during the forecast period. The report on the pubs, bars and nightclubs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of pubs and bars, changing consumer lifestyles and rise in disposable income in APAC, and expansion and strategic acquisition of commercial real estate sector.
Technavio's pubs, bars and nightclubs market is segmented as below:
- By Product
- Beverages
- Foods
- By Application
- Men
- Women
- By Geographical Landscape
- Europe
- APAC
- North America
- Middle East and Africa
- South America
This study identifies the off-premise sales as one of the prime reasons driving the pubs, bars and nightclubs market growth during the next few years. Also, rise in premium products and rising popularity of coffee and craft beer among the millennials will lead to sizable demand in the market.
The report on the pubs, bars and nightclubs market covers the following areas:
- Pubs, bars and nightclubs market sizing
- Pubs, bars and nightclubs market forecast
- Pubs, bars and nightclubs market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pubs, bars and nightclubs market vendors that include Accor S.A., Attaboy, Boadas, Floreria Atlantico, Four Seasons Hotels Ltd., Hakkasan Group, J D Wetherspoon plc, Kings Head Pub, Licoreria Limantour, Maybourne Hotel Group, McKs Tavern, Mitchells and Butlers plc, Oberoi Group, Oetker Hotel Management Company GmbH, PCO, The Atlas, The Cats Eye Pub, The Clumsies, The Dove, and Trailer Happiness. Also, the pubs, bars and nightclubs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.