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Pubs, Bars and Nightclubs Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

  • Published: Dec 2021
  • Pages: 120
  • SKU: IRTNTR71669
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The pubs, bars, and nightclubs market share is expected to increase by USD 24.60 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.28%.

This pubs, bars, and nightclubs market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers pubs, bars, and nightclubs market segmentation by product (beverages and foods) and geography (Europe, APAC, North America, MEA, and South America). The pubs, bars, and nightclubs market report also offers information on several market vendors, including Accor S.A., Attaboy, Chyau Fwu Wines and Spirits Pte Ltd, Floreria Atlantico, J D Wetherspoon plc, Kings Head Pub, Maybourne Hotel Group., Mitchells and Butlers plc, The Atlas, and The Clumsies among others.

What will the Pubs, Bars, and Nightclubs Market Size be During the Forecast Period?

Pubs, Bars and Nightclubs Market Size

Download the Free Report Sample to Unlock the Pubs, Bars, and Nightclubs Market Size for the Forecast Period and Other Important Statistics

 

Pubs, Bars, and Nightclubs Market: Key Drivers and Challenges

The increasing number of pubs and bars is notably driving the pubs, bars, and nightclubs market growth, although factors such as the threat from the rising popularity of home-cooked food and take away services may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the pubs, bars, and nightclubs industry. The holistic bar and nightclub industry analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Pubs, Bars, and Nightclubs Market Driver

One of the key factors driving growth in the pubs, bars, and nightclubs market is the increasing number of pubs and bars. The growing concept of socializing at bars and pubs among urban youth is expected to drive the market. The growth in the influx of people to urban areas and a substantially large white-collared demographic have increased the number of bars and pubs. Varied tastes and preferences for different types of premium beverages have led to the emergence of premium bars and pubs. The growth in infrastructure like new airports and expressways in developing countries encourage the restaurant and hotel chains to establish rooftop bars and pubs.

Key Pubs, Bars, and Nightclubs Market Challenge

The threat from the rising popularity of home-cooked food and takeaway services will be a major challenge for the pubs, bars, and nightclubs market during the forecast period. Food items found in bars and pubs contain large amounts of carbohydrates, added sugar, salt, unhealthy fats, and artificial food additivities. Therefore, such foods are perceived to be unhealthy by some consumers. This, in turn, increases the risk of various lifestyle-borne diseases. Home-cooked meals are more economical and nutritional compared to dining out/takeaway foods. Home-cooked food also has more nutritional value, as fresh, perishable, hygienic, and uncontaminated ingredients are used. Home-cooked food is likely to impede the market's growth, as consumers are increasingly becoming more health-conscious.

This pubs, bars, and nightclubs market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Pubs, Bars, and Nightclubs Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Accor S.A.
  • Attaboy
  • Chyau Fwu Wines and Spirits Pte Ltd
  • Floreria Atlantico
  • J D Wetherspoon plc
  • Kings Head Pub
  • Maybourne Hotel Group.
  • Mitchells and Butlers plc
  • The Atlas
  • The Clumsies

 

This statistical study of the pubs, bars, and nightclubs market encompasses successful business strategies deployed by the key vendors. The pubs, bars, and nightclubs market is fragmented and the vendors are deploying growth strategies such as forming strategic partnerships to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The pubs, bars, and nightclubs market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Pubs, Bars, and Nightclubs Market?

Pubs, Bars and Nightclubs Market Market segmentation by region

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40% of the market's growth will originate from Europe during the forecast period. The UK and France are the key markets for pubs, bars, and nightclubs in Europe. Market growth in Europe will be faster than the growth of the market in other regions.

The presence of many restaurant chains and high consumer expenditure in leisure activities will facilitate the pubs, bars, and nightclubs market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Pubs, Bars, and Nightclubs Market?

Pubs, Bars and Nightclubs Market Segmentation

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The pubs, bars, and nightclubs market share growth by the beverages segment will be significant during the forecast period. The increasing demand for alcoholic beverages such as tequila, whiskey, and cognac, coupled with stiff government regulations related to distribution and import, are major factors influencing the segment growth. The increase in the demand for craft beer, premium alcoholic drinks, and imported brands is expected to drive the global pubs, bars, and nightclubs market.

This report provides an accurate prediction of the contribution of all the segments to the growth of the pubs, bars, and nightclubs market size and actionable market insights on post COVID-19 impact on each segment.

 

Pubs, Bars, and Nightclubs Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.28%

Market growth 2022-2026

$ 24.60 billion

Market structure

Fragmented

YoY growth (%)

3.60

Regional analysis

Europe, APAC, North America, MEA, and South America

Performing market contribution

Europe at 40%

Key consumer countries

US, China, UK, Japan, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accor S.A., Attaboy, Chyau Fwu Wines and Spirits Pte Ltd, Floreria Atlantico, J D Wetherspoon plc, Kings Head Pub, Maybourne Hotel Group., Mitchells and Butlers plc, The Atlas, and The Clumsies

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Pubs, Bars, and Nightclubs Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive pubs, bars, and nightclubs market growth during the next five years
  • Precise estimation of the pubs, bars, and nightclubs market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the pubs, bars, and nightclubs industry across Europe, APAC, North America, MEA, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pubs, bars, and nightclubs market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Beverages - Market size and forecast 2021-2026
  • Foods - Market size and forecast 2021-2026
  • Market opportunity by Product

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2021-2026
  • APAC - Market size and forecast 2021-2026
  • North America - Market size and forecast 2021-2026
  • MEA - Market size and forecast 2021-2026
  • South America - Market size and forecast 2021-2026
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Accor S.A.
  • Attaboy
  • Chyau Fwu Wines and Spirits Pte Ltd
  • Floreria Atlantico
  • J D Wetherspoon plc
  • Kings Head Pub
  • Maybourne Hotel Group.
  • Mitchells and Butlers plc
  • The Atlas
  • The Clumsies

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Pubs, Bars and Nightclubs market growth will increase by $24.60 billion during 2021-2026.
The pubs, bars and nightclubs market is expected to grow at a CAGR of 4.28% during 2021-2026.
Technavio has segmented the pubs, bars and nightclubs market by product (Beverages and Foods) and geographic (Europe, APAC, North America, MEA, and South America).
Accor S.A., Attaboy, Chyau Fwu Wines and Spirits Pte Ltd, Floreria Atlantico, J D Wetherspoon plc, Kings Head Pub, Maybourne Hotel Group., Mitchells and Butlers plc, The Atlas, The Clumsies are a few of the key vendors in the pubs, bars and nightclubs market.
Europe will register the highest growth rate of 40.33% among the other regions. Therefore, the pubs, bars and nightclubs market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the pubs, bars and nightclubs market growth are:
  • Increasing number of pubs and bars
The pubs, bars and nightclubs market vendors should focus on grabbing business opportunities from the beverages segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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