Market Overview:
The global bars and nightclubs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing disposable income of consumers, rising trend of socializing among people, and growing demand for nightlife entertainment. In terms of type, the bars segment is expected to dominate the global bars and nightclubs market during the forecast period owing to its wide acceptance among consumers. However, in terms of revenue share, the nightclubs segment is projected to grow at a higher CAGR than that of bars during the forecast period.
Product Definition:
Bars and nightclubs are places where people can drink alcohol and listen to music. They are often thought of as places where people go to have a good time.
Bars:
Bars are drinking places where liquor is served. It can be a simple hole in the wall or a elaborate cocktail bar with multiple rooms and stages. Bars are generally found near shopping malls, corporate offices, universities, and other entertainment hubs to cater to the customers’ needs.
It has been observed that customer preference has shifted from pubs and bars which were popular earlier to clubs which have an entire nightlife atmosphere going for them.
Nightclubs:
Nightclubs are the most common and popular entertainment places in many countries. They have a wide range of music, drinks, food and other entertainment forms which attract people of all age groups. The main objective of nightclubs is to keep the customers entertained with the various forms of entertainment that they offer.
There are different types of Nightclubs such as discothèque, lounge, cabaret club.
Application Insights:
Men application segment held the largest market share of more than 60.0% in 2017. This is attributed to the increasing number of working class males aged between 18 to 35 years globally, who prefer spending their weekends partying in bars and nightclubs. Moreover, men usually make up the majority of a bar or nightclub's clientele due to increased socializing opportunities at pubs and clubs over other forms of entertainment such as sports bars and video game parlors.
The women application segment is expected to grow at a significant rate during the forecast period owing to rising employment rates among females above 55 years globally along with an increase in single female travelers from developing countries including China, India, Brazil etc., especially during weekend nights and holidays seasons such as Christmas Eve & New Year¢â‚¬â„¢s Eve which has been fueling demand for nightlife activities across various regions worldwide.
Regional Analysis:
North America dominated the global market in 2017. The U.S., in particular, is a key revenue-generator for the regional market due to the presence of several key players and high adoption of innovative technologies by these companies to provide enhanced customer experience. Furthermore, rising number of bars and nightclubs as well as live music performances are expected to drive growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing disposable income levels among consumers coupled with growing demand for entertainment services across countries such as China, India, Indonesia and Thailand among others will drive industry expansion over next eight years or so. Moreover, government initiatives encouraging nightlife activities are also likely boost industry development in this region during same timeframe as well as thereafter until 2030 whenever possible).
Growth Factors:
- Increasing disposable income of consumers
- Rising trend of socializing and spending time with friends and family
- Proliferation of entertainment options such as theme parks, concerts, etc. that compete for consumer attention and spending
- Growing millennial population who are more likely to spend on leisure activities than older generations
- Increasing demand from tourists for nightlife experiences in new destinations
Scope Of The Report
Report Attributes
Report Details
Report Title
Bars and Nightclubs Market Research Report
By Type
Bars, Nightclubs
By Application
Men, Women
By Companies
Mitchells＆Butlers plc, JD Wetherspoon plc, The Kings Head, Trailer Happiness, Fallon, Boadas, Beer Temple, J-Cubez, The Cat's Eye Pub, Chinaski
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Bars and Nightclubs Market Report Segments:
The global Bars and Nightclubs market is segmented on the basis of:
Types
Bars, Nightclubs
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Men, Women
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitchells＆Butlers plc
- JD Wetherspoon plc
- The Kings Head
- Trailer Happiness
- Fallon
- Boadas
- Beer Temple
- J-Cubez
- The Cat's Eye Pub
- Chinaski
Highlights of The Bars and Nightclubs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bars
- Nightclubs
- By Application:
- Men
- Women
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bars and Nightclubs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bars and nightclubs are establishments where people can drink alcohol and socialize.
Some of the key players operating in the bars and nightclubs market are Mitchells＆Butlers plc, JD Wetherspoon plc, The Kings Head, Trailer Happiness, Fallon, Boadas, Beer Temple, J-Cubez, The Cat's Eye Pub, Chinaski.
The bars and nightclubs market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bars and Nightclubs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bars and Nightclubs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bars and Nightclubs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bars and Nightclubs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bars and Nightclubs Market Size & Forecast, 2018-2028
4.5.1 Bars and Nightclubs Market Size and Y-o-Y Growth
4.5.2 Bars and Nightclubs Market Absolute $ Opportunity
Chapter 5 Global Bars and Nightclubs Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bars and Nightclubs Market Size Forecast by Type
5.2.1 Bars
5.2.2 Nightclubs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bars and Nightclubs Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bars and Nightclubs Market Size Forecast by Applications
6.2.1 Men
6.2.2 Women
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bars and Nightclubs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bars and Nightclubs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bars and Nightclubs Analysis and Forecast
9.1 Introduction
9.2 North America Bars and Nightclubs Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bars and Nightclubs Market Size Forecast by Type
9.6.1 Bars
9.6.2 Nightclubs
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bars and Nightclubs Market Size Forecast by Applications
9.10.1 Men
9.10.2 Women
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bars and Nightclubs Analysis and Forecast
10.1 Introduction
10.2 Europe Bars and Nightclubs Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bars and Nightclubs Market Size Forecast by Type
10.6.1 Bars
10.6.2 Nightclubs
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bars and Nightclubs Market Size Forecast by Applications
10.10.1 Men
10.10.2 Women
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bars and Nightclubs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bars and Nightclubs Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bars and Nightclubs Market Size Forecast by Type
11.6.1 Bars
11.6.2 Nightclubs
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bars and Nightclubs Market Size Forecast by Applications
11.10.1 Men
11.10.2 Women
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bars and Nightclubs Analysis and Forecast
12.1 Introduction
12.2 Latin America Bars and Nightclubs Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bars and Nightclubs Market Size Forecast by Type
12.6.1 Bars
12.6.2 Nightclubs
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bars and Nightclubs Market Size Forecast by Applications
12.10.1 Men
12.10.2 Women
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bars and Nightclubs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bars and Nightclubs Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bars and Nightclubs Market Size Forecast by Type
13.6.1 Bars
13.6.2 Nightclubs
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bars and Nightclubs Market Size Forecast by Applications
13.10.1 Men
13.10.2 Women
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bars and Nightclubs Market: Competitive Dashboard
14.2 Global Bars and Nightclubs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitchells＆Butlers plc
14.3.2 JD Wetherspoon plc
14.3.3 The Kings Head
14.3.4 Trailer Happiness
14.3.5 Fallon
14.3.6 Boadas
14.3.7 Beer Temple
14.3.8 J-Cubez
14.3.9 The Cat's Eye Pub
14.3.10 Chinaski
