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
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!
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.
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.
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.
- 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.
- 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.
- 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.
- 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 commercial beer dispensers market size is expected to increase by USD 49.55 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 1.7%. The increasing number of brewpubs and microbreweries is notably driving the commercial beer dispensers market growth, although factors such as high initial cost of commercial beer dispensers and need for regular maintenance may impede market growth.
- 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.
Pubs, Bars and Nightclubs Market Scope |
|
Report Coverage |
Details |
Page number |
154 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.09% |
Market growth 2023-2027 |
USD 31.46 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
4.11 |
Regional analysis |
Europe, APAC, North America, Middle East and Africa, and South America |
Performing market contribution |
Europe at 41% |
Key countries |
US, China, Japan, UK, and France |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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 |
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. |
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. |
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. |
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
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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Technavio Research
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Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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