Cafés/bars looks set to see total current value sales and transactions increase throughout the forecast period. However, in the short-to-medium term it is expected growth will be constrained by the ongoing spike in the cost of living – particularly in household energy prices – and mounting concern about the prospects of a recession in the Finnish economy.
Although bars/pubs will remain the dominant category over the forecast period, it looks set to lag behind cafés/bars as a whole in terms of current value and transaction growth, while outlet numbers are expected to fall steadily. This is partly explained by maturity, but also reflects the fact that per capita alcohol consumption in Finland has been declining for over a decade due to rising health awareness, busier lifestyles and increasingly negative societal attitudes to binge drinking.
One factor that should ensure cafés/bars continues to post reasonably robust growth in total current value sales and transactions over the forecast period despite economic challenges and changing lifestyle habits is the traditional importance of these outlets as social hubs in Finland. This is especially true of urban bars/pubs and cafés, which remain popular places for socialising with friends, other residents from the locality, individuals with shared interests and hobbies etc.
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Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in Finland with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Cafés/Bars
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 DefinitionsThis report originates from Passport, our Cafés/Bars research and analysis database.
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