With the relaxation of COVID-19 measures after the increase in vaccination and the number of cases on the decline, cafés and bars gradually went back to their pre-COVID-19 operations. After the easing of COVID-19 restrictions, bars/pubs were allowed to reopen, and more people were allowed to dine in cafés with proof of vaccination.
Due to the closure of the border, the main focus of almost every outlet in cafés/bars in 2021 was trying to attract more locals by following local trends and coming up with new menus offering different experiences. This was especially important for bars/pubs, which heavily rely on tourists.
The pandemic led to an increase in the cost of food and drinks. There was disruption in the supply chain and shipping resulting from the outbreak.
The recovery period for bars/pubs and cafés is expected to be quite different. Cafés and specialist coffee and tea shops will be back to their pre-COVID-19 level of sales in 2022.
Since the pandemic hit, rental costs have dropped to the 2003 level, which was the primary reason for the boom in the number of independent specialist coffee and tea shops and cafés seen in 2021. Lower rents offer a great opportunity for people to try to open a small businesses with much lower investment, which is consequently expected to contribute to a continued increase in the number of independent specialist coffee shops and cafés.
It is undeniable that technology will have more of a presence and play a major role in consumer foodservice as a result of pandemic outbreaks. People are looking more to contactless payment and QR code menus.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cafés/Bars industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This category encompasses all establishments where the focus is on drinking (either alcoholic or non-alcoholic beverages). While a wide variety of snacks and full meals are offered, it is not uncommon for consumers to only order a drink. As a general rule, establishments deriving 50% of their income or more from the sale of drinks are included here.See All of Our Definitions
This report originates from Passport, our Cafés/Bars research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!