SEARCH   
MEMBER LOGIN    

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 | Jan 2015

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

IBISWorld’s Bars & Nightclubs market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$24bn
Annual Growth 10-15
1.5%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
372,361
Businesses
70,016
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 Products Chapter

Sales of liquor, wine and beer

The overwhelming majority of industry revenue stems from alcoholic beverage sales, accounting for about 75.0% of the total. IBISWorld estimates that distilled spirit sales account for about 32.5% of total revenue, while beer and ale account for 36.4% of sales. Wine accounts for 6.9% of sales. Sales of packaged alcohol account for less than 2.0% of revenue. Over the past ten years, there has been a general decline in the proportion of alcohol-related revenue derived from beer and ale, though this trend has been offset by increasing consumption of wine, distilled and mixed spirit drinks.

This segment is highly sensitive to economic factors that affect the on-premise consumption of alcohol... 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


View Sample
Quote
Select Clients