While cafés/bars is slated for a positive performance overall over the forecast period, specialist coffee and tea shops is expected to generate particularly strong sales growth. The main factor underpinning the very positive performance expected in specialist coffee and tea shops is the status of these types of consumer foodservice outlets as the ideal source of high-quality barista coffee on-the-go, while dine-in service is expected to become more popular as specialist perfect locations for social gatherings and a long chat over a high-quality espresso-based coffee beverage.
All categories of cafés/bars experienced severe challenges maintaining customer flows and revenues at the peak of the COVID-19 pandemic during 2020 and 2021 as quarantine lockdowns and fear of contagion combined to discourage customers from engaging with on-premises service. While the receding impact of the pandemic means that the recovery of demand is likely to continue developing during the forecast period, the ongoing economic recession and, in particular, the pressure that has come on household spending due to high inflation, is likely to mean that a full recovery of demand for cafés/bars to pre-pandemic levels is likely to be postponed until the second half of the forecast period.
During the forecast period, cafés/bars is expected to remain dominated by independent players, with no major new chains expected to enter the category. The majority of these independent outlets are operated as small businesses by entrepreneurs or family concerns, catering to demand among local residents and those visiting the neighbourhood and it is unlikely that there will be any major changes to this situation before the end of the forecast period.
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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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