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Bars & Nightclubs in New Mexico

Author.Name IBISWorld United States Last Updated: April 2025 NAICS NM72241

Bars & Nightclubs in New Mexico industry analysis

The Bars & Nightclubs industry in New Mexico is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to xxx locations. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Bars & Nightclubs in New Mexico Market Research Report

What’s Included in the Bars & Nightclubs in New Mexico Market Research Report

Definition of the Bars & Nightclubs in New Mexico?

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.

What’s included in the Bars & Nightclubs in New Mexico?

The Bars & Nightclubs in New Mexico includes operating licensed bars, operating nightclubs, operating wine bars and operating licensed establishments with limited food service. Related terms covered in the Bars & Nightclubs in New Mexico industry report includes the purchase of alcoholic beverages for consumption out of the home environment, the purchase of alcoholic beverages for consumption at home and the purchase of alcohol packaged in bottles, cans or similar containers.

Industry Performance of the Bars & Nightclubs industry in New Mexico

Benchmark the Bars & Nightclubs in New Mexico industry performance with all NM county and national performance.

Bars & Nightclubs in New Mexico

#43 in Highest Revenue 0.3% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Bars & Nightclubs in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Bars & Nightclubs industry in New Mexico

See how key industry drivers, such as unemployment rate, median houshold income, per capita disposable income, consumer spending, per capita expenditure on alcohol and consumer confidence index are impacting Bars & Nightclubs in New Mexico

New Mexico Economic Indicators

Unemployment Rate
Median Houshold Income
Per Capita Disposable Income

View more economic information in NM State Economic profile

US Key External Drivers

Consumer spending
Per capita expenditure on alcohol
Consumer confidence index

For the full list of industry drivers, see report purchase options.

County Data of the Bars & Nightclubs industry in New Mexico

Access proprietary data on county in the Bars & Nightclubs in New Mexico, such as Bernalillo County, Santa Fe County and Taos County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Bars & Nightclubs industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Bars & Nightclubs industry in New Mexico in 2025?

The market size of the Bars & Nightclubs industry in New Mexico is $121.8m in 2025.

How many businesses are there in the Bars & Nightclubs industry in New Mexico in 2025?

There are 179 businesses in the Bars & Nightclubs industry in New Mexico, which has been growing at an average annual rate of 0.1% from 2020 to 2025.

Has the Bars & Nightclubs industry in New Mexico grown or declined over the past 5 years?

The market size of the Bars & Nightclubs industry in New Mexico has been growing at an average annual rate of 12.5% from 2020 to 2025.

How many employees in the Bars & Nightclubs industry in New Mexico in 2025?

There are 1,603 employees in the Bars & Nightclubs industry in New Mexico, which has been declining at an average annual rate of -0.1% from 2020 to 2025.