Category: Restaurants
Asia Restaurants
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Self-Service Cafeterias in Singapore
... foodservice in Singapore in 2024 saw a challenging year. Consumers struggled with reduced purchasing power due to the rising cost of living, the increase in the goods and services tax (GST), and inflationary pressure. Additionally, ... Read More
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Consumer Foodservice By Location in Singapore
... strategies to reignite growth, with the dynamism seen in 2023 fuelled by a rebound in inbound tourism in the wake of the pandemic. Despite the overall slowdown, several hotels introduced new foodservice establishments in 2024 ... Read More
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Cafés/Bars in the Philippines
... post-pandemic. Growth was driven by an increase in consumer mobility and an increase in inbound tourist numbers, with the Singapore Tourism Board recently bringing SingaPob, a pub crawl featuring a lineup of Singapore bars, to ... Read More
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Self-Service Cafeterias in the Philippines
... establishments offering affordable alternatives. For instance, milk tea is no longer exclusive to speciality shops, as it is now widely available in fast-food chains, cafés, and convenience stores, intensifying competition. While consumer mobility remained strong, ... Read More
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Full-Service Restaurants in Singapore
... recovery with consumers to start eating out again. However, against a backdrop of economic uncertainty and rising prices consumers became more budget conscious in 2024 as they saw their purchasing power squeezed with this having ... Read More
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Limited-Service Restaurants in Singapore
... seeing a weaker performance compared to 2023. This can be attributed in part to rising prices and the growing number of consumers seeking out the best value from their purchases. The goods and services tax ... Read More
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Consumer Foodservice in the Philippines
... continuing to prioritise experiences and convenience in their dining choices. Despite slower growth compared to previous years of the review period, consumer mobility remained strong, and there was sustained demand for quick and affordable food ... Read More
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Consumer Foodservice in Singapore
... increase in the prices of essential goods and basic necessities which negatively impacted consumer purchasing power in 2024. As a result, many consumers cut back on discretionary spending, including when it came to consumer foodservice ... Read More
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Limited-Service Restaurants in the Philippines
... the pandemic and the impact of inflationary pressures on consumer choices. However, limited-service restaurants have an advantage over other outlets in that they are generally characterised by low unit prices and they therefore offer relatively ... Read More
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Consumer Foodservice By Location in the Philippines
... as local consumers returned to pre-pandemic mobility patterns. With very few public parks in the Philippines, malls are a favourite place for Filipinos to cool off, eat, shop, and socialise with family and friends. Euromonitor ... Read More
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Full-Service Restaurants in the Philippines
... boom experienced in the aftermath of the pandemic. Inflationary pressures also impacted demand, as players faced with rising input costs were forced to increase their prices or create more affordable dishes in an attempt to ... Read More
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Self-Service Cafeterias in Japan
... the Japanese government's announcement on 8 May 2023, to reclassify COVID-19 as a ""Class 5 infectious disease"" akin to seasonal flu. This change allowed individuals and businesses to make their own decisions regarding infection control, ... Read More
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Consumer Foodservice in Japan
... domestic and inbound. On 8 May 2023, the government downgraded the legal status of COVID-19 to ""Class 5"", designating it alongside common infectious diseases such as seasonal influenza. This change marked a pivotal moment in ... Read More
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Cafés/Bars in Japan
... particularly following the Japanese government's decision in May 2023 to downgrade COVID-19 to a class 5 status, which was equivalent to seasonal influenza. With this change, consumers started returning to dining out, and many companies ... Read More
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Limited-Service Restaurants in Japan
... takeaway and delivery services. This trend has persisted beyond the lifting of COVID-19 restrictions, as these services have now become standard among Japanese consumers. Euromonitor International's Limited-Service Restaurants in Japan report offers a comprehensive guide ... Read More
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Full-Service Restaurants in Japan
... necessitated by various economic factors. While several players had already raised prices in 2022 and 2023, further increases became unavoidable in 2024 due to the weakening yen, which affected the cost of imported goods such ... Read More
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Consumer Foodservice By Location in Japan
... from 2022 to 2024, surpassing levels recorded in 2019. This upswing also translated into increased spending by inbound tourists, which reached over 50% of 2019 figures, with food expenditure growing even faster — recording a ... Read More
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Full-Service Restaurants in Vietnam
... the traditional menu by demonstrating a list of dishes and drinks, complete with prices and visual images, on electronic devices such as smartphones and tablets. For instance, King BBQ aimed to make it possible for ... Read More
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Cafés/Bars in Thailand
... the US-based health store Erewhon and highlighted by local Thai celebrities and influencers, has made these beverages a top choice among health-conscious consumers and younger generations. These premium smoothies stand out due to their carefully ... Read More
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Limited-Service Restaurants in Thailand
... has cast a shadow over consumer confidence. As inflation rates have climbed, the cost of essential items has surged. This financial strain has forced local consumers to prioritise value for money, prompting them to reevaluate ... Read More
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Limited-Service Restaurants in Vietnam
... orders and pay for them independently, reducing waiting times and improving order accuracy. In 2024, McDonald’s continued to roll out in-store technology, and self-order kiosks are present at most McDonald’s outlets. KFC Vietnam started to ... Read More
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Self-Service Cafeterias in Thailand
... and unique dining experiences, self-service cafeterias tends to be overshadowed, primarily due to consumer preferences leaning towards more interactive and experiential dining formats. Euromonitor International's Self-Service Cafeterias in Thailand report offers a comprehensive guide to ... Read More
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Full-Service Restaurants in Thailand
... of inflation and rising living costs have impacted many full-service restaurant operators, particularly those that are part of larger chains with higher price points. Price-sensitive consumers are becoming acutely aware of their daily expenditure, lead... ... Read More
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Consumer Foodservice By Location in Vietnam
... electronic visas for citizens of all countries, allowing for 90-day stays, and extended visa exemptions for some nationalities to 45 days. This has resulted in a considerable increase in international tourist arrivals and revenue. Moreover, ... Read More
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Consumer Foodservice By Location in Thailand
... many foodservice providers have shifted their expansion strategies away from traditional reliance on shopping centres and department stores. This strategic pivot allows foodservice outlets to reach consumers in areas that may not yet be served ... Read More
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