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Bars & Nightclubs in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Bars & Nightclubs Market Research Report | NAICS 72241 | Sep 2014

Drink up: Revenue will stay strong as the economy improves and consumer spending increases

The Bars & Nightclubs market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$24bn
Annual Growth 09-14
1.4%
Annual Growth 14-19
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Profit
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Employment
371,989
Businesses
69,391
Industry Analysis & Industry Trends

Having emerged from the recession relatively unharmed, the Bars and Nightclubs industry turned around in 2010 and has continued to make strides over the past five years. Revenue growth has been slow, however, hampered by shaky consumer confidence and stubbornly high unemployment, meaning people have been more content to drink at home rather than at bars or nightclubs. In the coming years, bar and nightclub owners will reap the rewards of increasing household incomes and consumer spending, increasing revenue... purchase to read more

Industry Report - Industry Locations Chapter

As a service-based retail industry, bar and nightclub operators are dispersed largely in line with population and income distribution. The industry is concentrated in the West, Great Lakes and Mid-Atlantic regions, mainly due to population distribution and size. Most of these regions have a large number of relatively small establishments, in terms of employment and revenue. However, the industry tends to also be under-represented in the Southeast region. Licensing restrictions in some states also have an impact on this industry's operations and location.

Research by the US Department of Agriculture indicates that the states with the highest per capita consumption of distilled spirits are New York, Florida, Texas and California... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Bars & Nightclubs Industry?

This industry includes bars, taverns, pubs, lounges, nightclubs and other drinking places that primarily prepare and serve alcoholic beverages for immediate consumption. These establishments may also provide limited food services.

Industry Products
Sale of distilled spirit drinksSale of wine drinksSale of beer and aleSale of meals and nonalcoholic beveragesAdmissions to special events and nightclubs, including cover chargesOther (accommodation, cigarettes, rentals and packaged liquor)
 
Industry Activities
Operating licensed barsOperating nightclubsOperating wine barsOperating licensed establishments with limited food service


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