Pubs, bars, and nightclubs market size to grow by USD 31.46 billion between 2022 and 2027; Europe to account for 41% of the market growth – Technavio

NEW YORK, May 5, 2023 /PRNewswire/ — The “Pubs, Bars, and Nightclubs Market by Product, Application, and Geography – Forecast and Analysis 2023-2027” report has been added to Technavio’s offering. The pubs, bars, and nightclubs market is estimated to grow by USD 31.46 billion between 2022 and 2027 at a CAGR of 5.09%. Europe will account for 41% of the market growth during the forecast period. The growth of the regional market is driven by the presence of many restaurant chains and high consumer expenditure in leisure activities. In addition, the increasing popularity of wine among the older population and the rising demand for lager, flavored lager, and craft beer types are contributing to the growth of the pubs, bars, and nightclubs market in Europe. For comprehensive details on the market size of the historic period (2017 to 2021) and forecast period (2023-2027) – View a Sample Report

Vendor Landscape

The pubs, bars, and nightclubs market is fragmented due to the presence of numerous small and large vendors. All these players compete to meet the needs of consumers and to increase their market reach. The heterogeneous nature of this industry has led to vendors intensely competing against each other based on quality, pricing, service, and menu variations. The current market includes companies of varying sizes. The market faces competition from an unrelated segment, such as fine dining restaurants and local mobile and street vendors. Some of the key vendors covered in the report include:

• J D Wetherspoon plc – The company is an award-winning hotel that owns pubs and bars across the UK and Ireland.
• Floreria Atlantico – The company has one of the best cocktail bars in Argentina.
• Four Seasons Hotels Ltd. – It is an international luxury hotel and resort company that owns hotels, resorts, and bars.
• Hakkasan Group – The company has a world-class Chinese dining cuisine restaurant brand born in London.
• Attaboy
• Boadas
• 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 report provides a full list of key vendors, their strategies, and the latest developments. Buy Now

Market Dynamics

Major Driver – The market is driven by the increasing number of pubs and bars. Socialization at bars and restaurants is a growing trend among urban youth. Over recent years, the urban population has increased significantly. This can be attributed to the increased urbanization rate in developed countries such as the US, Canada, and European countries. The rate of urbanization is also increasing in developing countries in APAC. Changing tastes and preferences for different types of premium beverages among the urban population have increased the number of pubs and bars that offer alcoholic and nonalcoholic beverages. In addition, increased investments in infrastructure development projects such as airports and expressways are contributing to the growth of the market.

Key Trend – The rise in premium products is identified as the key trend in the market. Changes in drinking habits have encouraged consumers to prefer mixing their own cocktails. They are exhibiting increased demand for high-quality cocktails and beverages. Also, consumers are willing to spend more and purchase premium spirits and ingredients. To capitalize on this trend, vendors are changing their menus and adding cocktail lists that feature local, sustainable, or top-shelf spirits. They are also using illustrative drink descriptions on the menu. All these factors are expected to positively influence the market growth over the forecast period.

Major Challenge – Threats from the rising popularity of home-cooked food and takeaway services will challenge the growth of the market. Many people are increasing their preference for home-cooked food than eating at bars and pubs. The growing awareness about healthy eating habits and the risk of lifestyle-borne diseases like heart problems, diabetes, and obesity have led consumers to prefer home-cooked food. Home-cooked food is more nutritious, hygienic, and economical than dining out or takeaway foods. This shift in the eating habits among consumers will negatively affect the market growth.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

Company Profiles

The pubs, bars, and nightclubs market report includes information on the product launches, sustainability, and prospects of leading vendors including Accor SA, 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 Grou, Oetker Hotel Management Company GmbH, PCO, The Atlas, The Cats Eye Pub, The Clumsies, The Dove, and Trailer Happiness.

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Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

 Market Segmentation

• By product, the market is classified into beverages and foods.
• By application, the market is classified into men and women.
• By geography, the market is classified as Europe, APAC, North America, Middle East and Africa, and South America.

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The cafes and bars market size is estimated to grow at a CAGR of 4.81% between 2023 and 2027. The size of the market is forecasted to increase by USD 73.63 billion. The market is segmented by product (beverages and food), type (bars and pubs, cafes, and specialty coffee shops), and geography (Europe, APAC, North America, Middle East and Africa, and South America).

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Table of contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global pubs, bars and nightclubs market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global pubs, bars and nightclubs market 2017 – 2021 ($ billion)

• 4.2 By Product Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – By Product Segment 2017 – 2021 ($ billion)

• 4.3 By Application Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – By Application Segment 2017 – 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 30: Chart on Product – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product – Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Beverages – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Beverages – Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Beverages – Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Beverages – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Beverages – Year-over-year growth 2022-2027 (%)

• 6.4 Foods – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Foods – Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Foods – Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Foods – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Foods – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 42: Market opportunity by Product ($ billion)

7 Market Segmentation by Application

• 7.1 Market segments
• Exhibit 43: Chart on Application – Market share 2022-2027 (%)
• Exhibit 44: Data Table on Application – Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 45: Chart on Comparison by Application
• Exhibit 46: Data Table on Comparison by Application

• 7.3 Men – Market size and forecast 2022-2027 
• Exhibit 47: Chart on Men – Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Men – Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Men – Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Men – Year-over-year growth 2022-2027 (%)

• 7.4 Women – Market size and forecast 2022-2027 
• Exhibit 51: Chart on Women – Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Women – Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Women – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Women – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Application 
• Exhibit 55: Market opportunity by Application ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 Europe – Market size and forecast 2022-2027 
• Exhibit 61: Chart on Europe – Market size and forecast 2022-2027 ($ billion)
• Exhibit 62: Data Table on Europe – Market size and forecast 2022-2027 ($ billion)
• Exhibit 63: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.4 APAC – Market size and forecast 2022-2027 
• Exhibit 65: Chart on APAC – Market size and forecast 2022-2027 ($ billion)
• Exhibit 66: Data Table on APAC – Market size and forecast 2022-2027 ($ billion)
• Exhibit 67: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.5 North America – Market size and forecast 2022-2027 
• Exhibit 69: Chart on North America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on North America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 73: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027 
• Exhibit 77: Chart on South America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on South America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 81: Chart on US – Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on US – Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027 
• Exhibit 85: Chart on China – Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on China – Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 UK – Market size and forecast 2022-2027 
• Exhibit 89: Chart on UK – Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on UK – Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.11 Japan – Market size and forecast 2022-2027 
• Exhibit 93: Chart on Japan – Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on Japan – Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.12 France – Market size and forecast 2022-2027 
• Exhibit 97: Chart on France – Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on France – Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on France – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on France – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 Accor SA
• Exhibit 108: Accor SA – Overview
• Exhibit 109: Accor SA – Business segments
• Exhibit 110: Accor SA – Key offerings
• Exhibit 111: Accor SA – Segment focus

• 12.4 Attaboy
• Exhibit 112: Attaboy – Overview
• Exhibit 113: Attaboy – Product / Service
• Exhibit 114: Attaboy – Key offerings

• 12.5 Floreria Atlantico
• Exhibit 115: Floreria Atlantico – Overview
• Exhibit 116: Floreria Atlantico – Product / Service
• Exhibit 117: Floreria Atlantico – Key offerings

• 12.6 Four Seasons Hotels Ltd. 
• Exhibit 118: Four Seasons Hotels Ltd. – Overview
• Exhibit 119: Four Seasons Hotels Ltd. – Product / Service
• Exhibit 120: Four Seasons Hotels Ltd. – Key offerings

• 12.7 Hakkasan Group
• Exhibit 121: Hakkasan Group – Overview
• Exhibit 122: Hakkasan Group – Product / Service
• Exhibit 123: Hakkasan Group – Key offerings

• 12.8 J D Wetherspoon plc
• Exhibit 124: J D Wetherspoon plc – Overview
• Exhibit 125: J D Wetherspoon plc – Business segments
• Exhibit 126: J D Wetherspoon plc – Key offerings
• Exhibit 127: J D Wetherspoon plc – Segment focus

• 12.9 Kings Head Pub
• Exhibit 128: Kings Head Pub – Overview
• Exhibit 129: Kings Head Pub – Product / Service
• Exhibit 130: Kings Head Pub – Key offerings

• 12.10 Licoreria Limantour
• Exhibit 131: Licoreria Limantour – Overview
• Exhibit 132: Licoreria Limantour – Product / Service
• Exhibit 133: Licoreria Limantour – Key offerings

• 12.11 Maybourne Hotel Group. 
• Exhibit 134: Maybourne Hotel Group. – Overview
• Exhibit 135: Maybourne Hotel Group. – Product / Service
• Exhibit 136: Maybourne Hotel Group. – Key offerings

• 12.12 McKs Tavern
• Exhibit 137: McKs Tavern – Overview
• Exhibit 138: McKs Tavern – Product / Service
• Exhibit 139: McKs Tavern – Key offerings

• 12.13 Mitchells and Butlers plc 
• Exhibit 140: Mitchells and Butlers plc – Overview
• Exhibit 141: Mitchells and Butlers plc – Business segments
• Exhibit 142: Mitchells and Butlers plc – Key offerings
• Exhibit 143: Mitchells and Butlers plc – Segment focus

• 12.14 Oberoi Group
• Exhibit 144: Oberoi Group – Overview
• Exhibit 145: Oberoi Group – Product / Service
• Exhibit 146: Oberoi Group – Key offerings

• 12.15 Oetker Hotel Management Company GmbH 
• Exhibit 147: Oetker Hotel Management Company GmbH – Overview
• Exhibit 148: Oetker Hotel Management Company GmbH – Product / Service
• Exhibit 149: Oetker Hotel Management Company GmbH – Key offerings

• 12.16 PCO
• Exhibit 150: PCO – Overview
• Exhibit 151: PCO – Product / Service
• Exhibit 152: PCO – Key offerings

• 12.17 The Atlas
• Exhibit 153: The Atlas – Overview
• Exhibit 154: The Atlas – Product / Service
• Exhibit 155: The Atlas – Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 156: Inclusions checklist
• Exhibit 157: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 158: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 159: Research methodology
• Exhibit 160: Validation techniques employed for market sizing
• Exhibit 161: Information sources

• 13.5 List of abbreviations 
• Exhibit 162: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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