Pubs, bars and nightclubs market size to grow by USD 31.46 billion from 2022 to 2027; Accor SA, Attaboy, among top vendors - Technavio

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Mar 15, 2023, 05:30 ET

NEW YORK, March 15, 2023 /PRNewswire/ -- Technavio categorizes the global pubs, bars and nightclubs market as estimated to increase by USD 31.46 billion from 2022 to 2027. However, the growth momentum will accelerate at a CAGR of 5.09%. The report provides a detailed analysis of the competitive landscape and offers information on the products offered by key 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. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report - Request a sample report

Technavio has announced its latest market research report titled Global Pubs, Bars and Nightclubs Market 2023-2027

Global Pubs, bars and nightclubs market – Vendor Analysis
Vendor Landscape -

The global pubs, bars and nightclubs market is a highly fragmented market because of the presence of numerous small and large vendors. All these players compete to meet the needs of consumers and to increase their market reach. Therefore, owing to the presence of multiple vendors, it is difficult to retain consumer loyalty.

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Vendor Offerings -

Accor SA - The company is a French multinational hospitality company that owns, manages and franchises hotels, resorts, pubs, bars and vacation properties.
Floreria Atlantico - The company is one of the best cocktail bars in Argentina.
Four Seasons Hotels Ltd. - The company is an international luxury hotel and resort company that owns hotels, resorts and bars.
For details on the vendor and its offerings – Request a sample report

Global Pubs, Bars And Nightclubs Market - Segmentation Assessment
Segment Overview

Technavio has segmented the market based on products (beverages and foods), and applications (men and women).

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 on 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.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Global Pubs, Bars And Nightclubs Market – Market Dynamics
Leading Drivers - The market is driven by the increasing number of pubs and bars. The rate of urbanization has increased significantly over the years in developed countries. Also, the concept of socializing in bars and pubs is growing among young people in urban areas. This has led to an increasing number of pubs and bars serving alcoholic and non-alcoholic beverages to attract consumer attention. Additionally, the growing number of airports and highways in developing countries is encouraging restaurants and hotel chains to have rooftop bars and pubs. All these factors contribute to the growth of the global bar, pubs and nightclubs market.

Key Trends - The rise in premium products is identified as the key trend in the market. The increasing drinking habits of consumers are driving the demand for premium beverages. Many consumers prefer to mix their own cocktails, increasing the demand for quality beverages. To meet the growing demand, vendors are modifying their menus and adding cocktail lists featuring local, sustainable, or premium spirits. This provides significant growth opportunities for vendors as they can make changes to their product offerings and appeal to new consumers.

Major challenges - The threat from the rising popularity of home-cooked food and takeaway services is the major challenge in the market. Foods available in bars and restaurants contain large amounts of carbohydrates, sugar, unhealthy fats, and artificial food additives. These can lead to lifestyle diseases such as heart disease, diabetes, and obesity. As a result, consumer preference for home-cooked meals is on the rise. As a result, visits to pubs and restaurants have decreased significantly, negatively impacting the market growth.

Driver, Trend & Challenges are the factor of market dynamics which states about consequences & sustainability of the businesses, find some insights from a sample report!

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 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 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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Pubs, Bars and Nightclubs Market Scope
Report Coverage	Details
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, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea
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, Market condition analysis for 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.

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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