Bars and Taverns Market Research Reports

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Bars & Taverns

Bars & Taverns听Market Research Reports, Analysis & Trends

Bars & taverns industry comprises establishments that operate by doing business by offering and serving alcoholic beverages to the customer. Cocktails, mixed drinks, beer and wine are served and consumed on the premises. Bars provide casual seating, and often bar stools and chairs are tucked into counters and tables. Many bars offer entertainment including bands, recorded music, dancers and comedians. Happy hours are often associated with bars and are a marketing tool to bring patrons in during non-peak hours.

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There are many different types of bars. A cocktail lounge is a higher end bar often located in a restaurant or hotel. A wine bar serves only wine and is usually upscale. A dive bar is a very informal, no frills type of bar. Sports bars often have games playing on large TV鈥檚 and attract sports enthusiasts. A salsa bar offers Latin music and dance. Bars are often labeled by the kind of clientele it attracts, such as biker bars, gay and lesbian bars, singles bars, and college bars are just a few. According to many cities' jurisdictions laws that do not allow minors to enter bars. Cities and towns have rules and regulations on where bars can be located and what types of alcohol can be served.

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The global pub industry is likely to see drinking establishments change, losing some of their traditional aspects. Pubs will seek to protect market share and increase trade by providing for different demographics; rather than attracting just an evening crowd and selling alcoholic beverages, pubs aim also to serve meals and coffees to a daytime crowd. According to IBIS World, The US bar, pub and drinking places industry recorded more than 3% growth in 2012 to reach a value of almost $23 billion, and the growth rate is slower than expected due to the economic recession which caused the bar and nightclub market to shrink in 2008, it was the first decline in more than ten years but there is a massive turn of footfalls since many new entrants came into this market with much better innovative measures, better marketing and attractive drinks at affordable prices.

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Current Trends in Bars & Taverns Market

In terms of the number of pub, bar and club businesses, the industry is more closely related to population share than share of total alcohol consumption. This is due to the variety of other industries from which alcohol can be purchased, including casinos, cafes and restaurants, clubs, supermarkets and retail liquor stores, and now online. The Pubs, Bars and Nightclubs industry has posted modest growth in the last five years, but growth has been constrained by declining beer consumption, strong competition from independent liquor retailers and an economic downturn. This has caused the collapse of some highly leveraged pub operators and led many consumers to swap a bar stool at their local bar for the comfort of their couch at home. However according to IBIS World, the bars and taverns industry revenue is expected to increase its revenue share at an annualized 2.2% rate until the end of 2014, to reach the value of $16.2 billion.

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Major Bars & Taverns Market Players

Major players in the bars & taverns industry include Mitchells & Butlers plc, J D Wetherspoon plc, The Kings Head, Trailer Happiness, Fallons, Boadas, Beer Temple, J-Cubez, The Cat's Eye Pub, and Chinaski.

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How MarketResearchReports.com Can Help You Find the Right Report(s)?

Bars & Taverns Industry Overall Growth Forecast

We offer syndicated/off-the-shelf and custom 91制片厂 reports covering Bars & Taverns industry. These reports are designed to provide a wholistic view of the global Bars & Taverns industry.

The major growth forecast covered are:

Bars & Taverns Industry CAGR % Growth Forecast for 2022-2028
Bars & Taverns Industry Value Growth Forecast for 2022-2028
Bars & Taverns Industry Key Companies Growth Forecast for 2022-2028

Search all reports related to the Bars & Taverns Industry

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Bars & Taverns Industry Regional Data Coverage

The reports offered by us provide deep regional data for Bars & Taverns industry. This information is designed to help decision makers identify the key growth markets of Bars & Taverns industry and prepare their business strategy accordingly.

The major regional data covered are:

Bars & Taverns Industry Region-Wise Growth Trends
Bars & Taverns Industry Key Country Growth Opportunities
Bars & Taverns Industry Focus on Most Important Markets

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Bars & Taverns Industry Trends Analysis

The reports covering Bars & Taverns industry offer trends analysis of various types. These include overall key growth opportunities in global Bars & Taverns industry.

The major trends and analysis covered are:

Bars & Taverns Industry Key Player Profiles
Bars & Taverns Industry SWOT Analysis
Bars & Taverns Industry Growth Drivers and Challenges

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Latest Market Research Reports on Bars & Taverns Industry

Below mentioned is the list of reports available for on Bars & Taverns industry. If you are not able to locate the correct report, please use the search option available on top of this page to search for the right report. You can also chat with us using the online chat system facility available at the bottom right corner of this page. You can also send your requirements using the contact form.

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