NEW YORK, Jan. 11, 2023 /PRNewswire/ — According to Technavio, the global pubs, bars, and nightclubs market size is estimated to grow by USD 31.46 billion from 2022 to 2027. The market is estimated to grow at a CAGR of 5.09% during the forecast period. Europe held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 41%. For more Insights on market size, Request a sample report
Pubs, bars and nightclubs market – Five Forces
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The global cloud data warehouse market is fragmented, and the five forces analysis covers –
Bargaining Power of Buyers
The threat of New Entrants
Threat of Rivalry
Bargaining Power of Suppliers
Threat of Substitutes
Interpretation of porter’s five models helps to strategize the business, for entire details – buy the report!
Pubs, bars, and nightclubs market – Customer Landscape
The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Pubs, bars, and nightclubs market – Segmentation Assessment
Segment Overview
Technavio has segmented the market based on Product (Beverages and Foods), Application (Men and Women), and Geography (Europe, APAC, North America, Middle East and Africa, and South America).
The market share growth by the beverages segment will be significant during the forecast period. The segment is driven by the increasing demand for alcoholic beverages such as tequila and cognac among consumers. Also, the rising preference for non-alcoholic alternatives coupled with the rising number of health-conscious consumers is contributing to the growth of the segment.
Geography Overview
By geography, the global pubs, bars and nightclubs market is segmented into Europe, APAC, North America, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global pubs, bars, and nightclubs market.
Europe is estimated to contribute 41% to the growth of the global market during the forecast period. The growth of the regional market can be attributed to the presence of many restaurant chains and high consumer expenditure in leisure activities. In addition, the increasing demand for wine, especially among the elderly population is fueling the growth of the pubs, bars, and nightclubs market in Europe.
Pubs, bars, and nightclubs market – Market Dynamics
Key factor driving market growth
The market is driven by the increasing number of pubs and bars.
The urbanization rate has increased significantly over the years, in both developed countries.
In addition, the concept of socializing at bars and pubs is increasing among the urban youth.
This has resulted in an increase in the number of pubs and bars that offer alcoholic and nonalcoholic beverages to attract consumers’ attention.
Moreover, the rise in the number of airports and expressways in developing countries is encouraging restaurant and hotel chains to rooftop bars and pubs.
All these factors are contributing to the growth of the global bars, pubs, and nightclubs market.
Leading trends influencing the market
The rise in premium products is identified as the key trend in the market.
The rise in drinking habits among consumers has increased the demand for premium beverages.
Many consumers prefer mixing their own cocktails and are exhibiting increased demand for high-quality beverages.
To cater to the growing demand, vendors are changing their menus and adding cocktail lists that feature local, sustainable, or top-shelf spirits.
This is providing significant growth opportunities for vendors as they can make changes in product offerings and target new consumers.
Major challenges hindering market growth
The threat from the rising popularity of home-cooked food and takeaway services is the major challenge in the market.
The food that is available in bars and restaurants has huge amounts of carbohydrates, sugar, unhealthy fats, and artificial food additives. These can cause lifestyle-borne diseases like heart problems, diabetes, and obesity.
Hence, the preference for home-cooked meals is increasing among consumers.
This has considerably reduced the number of people going to pubs and restaurants, which is negatively impacting the growth of the market.
What are the key data covered in this pubs, bars, and nightclubs market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the pubs, bars, and nightclubs market between 2023 and 2027
Precise estimation of the size of the pubs, bars, and nightclubs market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the pubs, bars, and nightclubs market industry across Europe, APAC, North America, Middle East and Africa, and South America
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of pubs, bars, and nightclubs market vendors
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The beer mug market size is expected to increase by USD 13.51 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 2.88%. The growing number of pubs, bars, hotels, and home bars is notably driving the beer mug market growth, although factors such as criticality of inventory management and product sourcing may impede market growth.
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Pubs, Bars and Nightclubs Market Scope |
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Report Coverage |
Details |
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Page number |
154 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.09% |
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Market growth 2023-2027 |
USD 31.46 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
4.11 |
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Regional analysis |
Europe, APAC, North America, Middle East and Africa, and South America |
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Performing market contribution |
Europe at 41% |
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Key countries |
US, China, Japan, UK, and France |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
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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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, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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 focuses on emerging market trends and provides 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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