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Learn moreMar 2020
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Specialist coffee and tea shops continues to grow in 2019, driven mainly by specialist coffee outlets. Both chained specialist coffee and tea shops, as well as independent shops saw an increase in the number of outlets.
Bars/Pubs continues to see value sales growing in 2019, with the growing popularity of cocktail culture, as well as craft beer and spirits being some of the drivers for this growth. Singapore continues to be crowned one of the cocktail capitals in Asia - in 2019, for example, 11 bars from Singapore made it into Asia’s 50 Best Bars list.
The competitive landscape may remain challenging for consumer foodservice players, where rising rental costs as well as limited manpower are some of the challenges faced by foodservice players. This has often resulted in the high turnover rate of outlets, and even some of the more-established brand names have also suffered from decline in sales.
Starbucks remains the leading player in overall cafés/bars. The brand saw an increase in its number of outlets in 2019, one of which was its second flagship store as well as the biggest store in the country, located in Jewel Changi Airport.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Cafés/Bars industry in Singapore with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Cafés/Bars industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.
The Cafés/Bars in Singapore market research report includes:
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Why buy this report?
This industry report originates from Passport, our Consumer Foodservice market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.