After sales held up relatively well in 2020, cafés/bars saw a significant current value decline in 2021, due to the outbreak of COVID-19 in May. However, unlike all other categories, specialist coffee and tea shops registered only a minor fall in its value sales.
Bars/pubs was impacted the most by the COVID-19 pandemic. In 2020 it saw only a slight current value decline, and outlet numbers continued to rise.
Starbucks from President Coffee Corp remained the leading brand in cafés/bars in 2021. It managed to maintain growth in both 2020 and 2021, despite the difficult environment.
Specialist coffee and tea shops is set to return to growth in 2022 and beyond, recovering from the only slight negative impact to sales in 2021, as decline was limited by the traction in home delivery. 2022 will see a major focus on omnichannel operations, with players leveraging both technology (mobile apps) and the in-store experience.
Japanese coffee is seeing rising popularity, with growth particularly seen during the pandemic. Japan has long been a popular destination for Taiwanese travellers, but because of the pandemic, people were not able to travel.
As a result of the strict regulations concerning the establishment of bars/pubs in Taiwan, more cafés are beginning to offer alcoholic drinks in the country, and especially craft beer. This is expected to continue to be a trend in cafés/bars in the forecast period, and will blur the lines between categories.
Delivery:
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 Taiwan 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 Taiwan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!