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Learn moreFeb 2021
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Due to the fragile profitability of independent outlets, full-service restaurants (FSRs) were already on a downwards trend (with losses of almost EUR1 billion from 2015-2019) when the COVID-19 pandemic started in France in mid-March 2020. The channel had experienced a number of scenarios which had a negative impact on demand towards the end of the review period, including an unstable economy, a drop in tourism, moderate growth in disposable incomes, and the impact of the “Gilets Jaunes” (Yellow Vests) which resulted in demonstrations against economic injustice in the country in late 2018.
Initially, the recovery from June to early September was such that some players still deemed it was possible to partly offset the collapse between March and May. However, a deeper analysis of what occurred revealed that the summer season was not so dynamic at a national level.
Despite more solid marketing and financial security than independent FSRs, chains also took a backseat in 2020. Their cash resources were depleted after a few weeks of challenges and many encountered great difficulties in trying to survive the impact created by COVID-19.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Full-Service Restaurants industry in France 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 Full-Service Restaurants industry in France, our research will save you time and money while empowering you to make informed, profitable decisions.
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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.