Overview

Open bar: The movement toward premium beverage consumption will benefit industry operators

IBISWorld’s Bars & Nightclubs market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$24bn
Annual Growth
12-17
1.0%
Annual Growth
17-22
Profit
Employment
405,177
Business
68,039

Industry Threats & Opportunities

  • New operators are consistently entering the industry to satisfy new consumer trends
  • The rising popularity of craft beer, cider, specialty cocktails and wine has helped sustain the industry
  • Younger demographics are increasingly taking to beers with more complex and varied flavor profiles

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    Industry Analysis & Industry Trends

    The Bars and Nightclubs industry has performed modestly over the past five years, as consumer confidence and overall spending have continued to steadily increase. Consumer drinking patterns have also changed over the period, forcing seasoned bar operators to adapt their menus to suit changing consumer tastes. Over the next five years, bar and nightclub owners will reap the rewards of a continued increase in household incomes and consumer spending. However, while moderate alcohol consumption remains an accepted part of the American adult lifestyle, per capita expenditure on alcohol is expected to decrease minimally over the five-year period...

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    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 76.7% of the total. IBISWorld estimates that distilled spirit sales account for about 35.4% of total revenue, while beer and ale account for 33.6% of sales. Wine accounts for 7.7% of sales. Sales of packaged alcohol account for less than 2.0% of revenue. Over the past 10 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. Over the past 10 years, high-end cocktail bars have become a more conventional venue for many consumers drinking outside of the home. In ..

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    Additional Insights for the Bars & Nightclubs Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Bars & Nightclubs Industry are

  • Having a loyal customer base
  • Ability to quickly adopt new technology
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Consumer Confidence Index in the Bars & Nightclubs industry impact industry performance..

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    Look under the hood?

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    Industry Products

    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 drinks
    Sale of wine drinks
    Sale of beer and ale
    Sale of meals and nonalcoholic beverages
    Admissions to special events and nightclubs, including cover charges
    Other (accommodation, cigarettes, rentals and packaged liquor)
    Industry Activities
    Operating licensed bars
    Operating nightclubs
    Operating wine bars
    Operating licensed establishments with limited food service

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Consumer spending
  • Consumer Confidence Index
  • Per capita expenditure on alcohol
  • Healthy eating index

  • Current Performance
  • Go out or stay home?
  • Consumption trends
  • Downsizing
  • Chart: Revenue Growth

  • Industry Outlook
  • Beer, wine and premiumization
  • Future risks
  • Establishments to expand
  • Table: Bars & Nightclubs Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Bars & Nightclubs Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Beef & Pork Wholesaling
  • Beer Wholesaling
  • Egg & Poultry Wholesaling
  • Fish & Seafood Wholesaling
  • Wine & Spirits Wholesaling

  • Products & Services
  • Sale of distilled spirit drinks
  • Sale of beer and ale
  • Sale of meals and nonalcoholic beverages
  • Sale of wine drinks
  • Other (accommodation, cigarettes, rentals and packaged liquor)
  • Admissions to special events and nightclubs, including cover charges
  • Chart: Bars & Nightclubs Industry Products and Services Segmentation

  • Demand Determinants
  • Income and expenditure
  • Health consciousness
  • Regulation

  • Major Markets
  • Consumers aged 45 to 54 years
  • Consumers aged 25 to 34 years
  • Consumers aged 35 to 44 years
  • Consumers aged 55 to 64 years
  • Consumers aged 65 years and older
  • Private sector
  • Consumers aged under 25 years
  • Chart: Major Market Segmentation for the Bars & Nightclubs Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Bars & Nightclubs

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Bars & Nightclubs Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Bars & Nightclubs Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Bars & Nightclubs Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Per capita expenditure on alcohol (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Off-Premise Consumption
  • The purchase of alcoholic beverages for consumption at home.
  • On-Premise Consumption
  • The purchase of alcoholic beverages for consumption out of the home environment.
  • Packaged Alcohol
  • Alcohol packaged for purchase in bottles, cans or similar containers.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Bars & Nightclubs:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Bars & Nightclubs market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Bars & Nightclubs, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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