Euromonitor International
- Item successfully added to cart!
  
  Your cart is empty
  
  Check Out View Cart

Country Report

Full-Service Restaurants in

Full-Service Restaurants in Singapore

31 pages, Apr 2018

US$990

Add to cart Pay by invoice

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Dining experience and hospitality will become increasingly important features within the crowded restaurant industry

Singapore’s small geography and population belie the fact that there are countless restaurants to satisfy the population’s demand for quality food. Competition within full-service restaurants has become stiff, and is expected to become even fiercer over the forecast period, as Singaporeans’ perennial love for food will encourage international brands and local hopefuls to set up operations there.

Difficulties facing full-service restaurants are structural and expected to continue plaguing the industry

The year 2016 was difficult for all consumer foodservice establishments, and the economic malaise and weak consumer sentiment carried on in 2017, despite a marked improvement in Singapore’s economy. Full-service restaurants were significantly affected by the downturn, as they faced an increasingly expensive and difficult operating environment and as consumption patterns changed as a result of a weak economy.

Locally inspired and sustainable cuisine expected to grow in popularity within full-service restaurants

A renewed zeal in preserving Singapore’s culinary heritage over the review period inspired many full-service restaurants, particularly independents, to introduce locally inspired dishes and utilise locally sourced ingredients, a noticeable trend that is set to increase as Singaporeans begin to place greater emphasis on their local heritage. Termed “Mod-Sin” cuisine, an amalgamation of “Modern Singapore”, this trend has largely been driven by younger restaurateurs and chefs, who have been experimenting with fusing traditional Singaporean dishes with a modern Western aesthetic.

COMPETITIVE LANDSCAPE

Asian full-service restaurants dominate the restaurant landscape, with Din Tai Fung being the largest

Unexpectedly, Asian full-service restaurants dominated the restaurant scene in Singapore in 2017 in value terms. Besides Singapore’s unique blend of Singaporean cuisine, Japanese and Chinese cuisine are extremely popular, which is as a result of Singapore’s sizeable Chinese population and the cross-cultural appeal of Japanese culture and food items.

Competition among full-service restaurants to intensify due to similarity in terms of offerings and foodservice establishments replacing flagging retail stores

Traditionally low barriers to entry and a strong food culture have often encouraged aspiring entrepreneurs to set up foodservice establishments, which has resulted in an extremely competitive industry across all cuisine types within full-service restaurants. Unlike cafés, bars or franchised fast food brands, new entrants within full-service restaurants tend to offer similar menu offerings that are competitively priced.

Alternative foodservice formats are being considered to contend with a difficult traditional operating environment

Persistently high overhead costs, which are expected to continuing rising in the future, are forcing full-service restaurants to consider new foodservice formats in order to stay competitive. Over the review period, vending machines emerged as the most preferred alternative foodservice option for full-service restaurants.

Files are delivered directly into your account within a few minutes of purchase.

Samples

Full-Service Restaurants Sample Report Full-Service Restaurants Sample Data

Overview

Why buy this report?

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.

Samples (FAQs about samples):

Delivery: Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Full-Service Restaurants 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 Full-Service Restaurants industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.

The Full-Service Restaurants in Singapore market research report includes:

Analysis of key supply-side and demand trends
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Full-Service Restaurants in Singapore?
What are the major brands in Singapore?
What cuisine type (Latin American, Asian, North American etc.) is most popular in full-service restaurants in Singapore?
How prevalent is casual dining in Singapore and how is this category expected to grow over the next five years?
How fragmented is the full-service restaurant industry in Singapore?

Why buy this report?

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

This industry report originates from Passport, our Consumer Foodservice market research database.

Want to find out more about this report?

Request more information

Full-Service Restaurants in Singapore - Category analysis

HEADLINES

PROSPECTS

Dining experience and hospitality will become increasingly important features within the crowded restaurant industry

Difficulties facing full-service restaurants are structural and expected to continue plaguing the industry

Locally inspired and sustainable cuisine expected to grow in popularity within full-service restaurants

COMPETITIVE LANDSCAPE

Asian full-service restaurants dominate the restaurant landscape, with Din Tai Fung being the largest

Competition among full-service restaurants to intensify due to similarity in terms of offerings and foodservice establishments replacing flagging retail stores

Alternative foodservice formats are being considered to contend with a difficult traditional operating environment

CATEGORY DATA

Table 1 Full-Service Restaurants by Category: Units/Outlets 2012-2017
Table 2 Sales in Full-Service Restaurants by Category: Number of Transactions 2012-2017
Table 3 Sales in Full-Service Restaurants by Category: Foodservice Value 2012-2017
Table 4 Full-Service Restaurants by Category: % Units/Outlets Growth 2012-2017
Table 5 Sales in Full-Service Restaurants by Category: % Transaction Growth 2012-2017
Table 6 Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2012-2017
Table 7 Full-Service Restaurants by Casual Dining vs Non-Casual Dining: Units/Outlets 2012-2017
Table 8 Sales in Full-Service Restaurants by Casual Dining vs Non-Casual Dining: Number of Transactions 2012-2017
Table 9 Sales in Full-Service Restaurants by Casual Dining vs Non-Casual Dining: Foodservice Value 2012-2017
Table 10 Full-Service Restaurants by Casual Dining vs Non-Casual Dining: % Units/Outlets Growth 2012-2017
Table 11 Sales in Full-Service Restaurants by Casual Dining vs Non-Casual Dining: % Transaction Growth 2012-2017
Table 12 Sales in Full-Service Restaurants by Casual Dining vs Non-Casual Dining: % Foodservice Value Growth 2012-2017
Table 13 GBO Company Shares in Chained Full-Service Restaurants: % Foodservice Value 2013-2017
Table 14 GBN Brand Shares in Chained Full-Service Restaurants: % Foodservice Value 2014-2017
Table 15 Forecast Full-Service Restaurants by Category: Units/Outlets 2017-2022
Table 16 Forecast Sales in Full-Service Restaurants by Category: Number of Transactions 2017-2022
Table 17 Forecast Sales in Full-Service Restaurants by Category: Foodservice Value 2017-2022
Table 18 Forecast Full-Service Res taurants by Category: % Units/Outlets Growth 2017-2022
Table 19 Forecast Sales in Full-Service Restaurants by Category: % Transaction Growth 2017-2022
Table 20 Forecast Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2017-2022
Table 21 Forecast Full-Service Restaurants by Casual Dining vs Non-Casual Dining: Units/Outlets 2017-2022
Table 22 Forecast Sales in Full-Service Restaurants by Casual Dining vs Non-Casual Dining: Number of Transactions 2017-2022
Table 23 Forecast Sales in Full-Service Restaurants by Casual Dining vs Non-Casual Dining: Foodservice Value 2017-2022
Table 24 Forecast Full-Service Restaurants by Casual Dining vs Non-Casual Dining: % Units/Outlets Growth 2017-2022
Table 25 Forecast Sales in Full-Service Restaurants by Casual Dining vs Non-Casual Dining: % Transaction Growth 2017-2022
Table 26 Forecast Sales in Full-Service Restaurants by Casual Dining vs Non-Casual Dining: % Foodservice Value Growth 2017-2022

Consumer Foodservice in Singapore - Industry Overview

EXECUTIVE SUMMARY

Foodservice operators rush to adapt in the face of rising challenges

Food delivery platforms continue to see uptick in adoption, although issues remain

Stiff competition has forced foodservice operators to compete on non-food factors

Independent operators continue to grow and lead in terms of food and concept innovation

Automation and lean technologies will be the norm as operating costs rise

MARKET DATA

Table 27 Units, Transactions and Value Sales in Consumer Foodservice 2012-2017
Table 28 Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2012-2017
Table 29 Consumer Foodservice by Independent vs Chained: Units/Outlets 2012-2017
Table 30 Consumer Foodservice by Independent vs Chained by Type: Units/Outlets 2017
Table 31 Sales in Consumer Foodservice by Eat-In vs Delivery and To-Go: % Foodservice Value 2012-2017
Table 32 Sales in Consumer Foodservice by Food vs Drinks Split: % Foodservice Value 2012-2017
Table 33 Sales in Consumer Foodservice by Food vs Drinks Split by Type: % Foodservice Value 2017
Table 34 Sales in Consumer Foodservice by Online/Offline Ordering: % Foodservice Value 2013-2017
Table 35 Sales in Consumer Foodservice by Location: % Foodservice Value 2012-2017
Table 36 GBO Company Shares in Chained Consumer Foodservice: % Foodservice Value 2013-2017
Table 37 GBN Brand Shares in Chained Consumer Foodservice: % Foodservice Value 2014-2017
Table 38 GBN Brand Shares in Chained Consumer Foodservice: Units/Outlets 2017
Table 39 Forecast Units, Transactions and Value Sales in Consumer Foodservice 2017-2022
Table 40 Forecast Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2017-2022

Megatrends

Country Report

Full-Service Restaurants in Singapore

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Dining experience and hospitality will become increasingly important features within the crowded restaurant industry

Difficulties facing full-service restaurants are structural and expected to continue plaguing the industry

Locally inspired and sustainable cuisine expected to grow in popularity within full-service restaurants

COMPETITIVE LANDSCAPE

Asian full-service restaurants dominate the restaurant landscape, with Din Tai Fung being the largest

Competition among full-service restaurants to intensify due to similarity in terms of offerings and foodservice establishments replacing flagging retail stores

Alternative foodservice formats are being considered to contend with a difficult traditional operating environment

Samples

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Full-Service Restaurants in Singapore - Category analysis

HEADLINES

PROSPECTS

Dining experience and hospitality will become increasingly important features within the crowded restaurant industry

Difficulties facing full-service restaurants are structural and expected to continue plaguing the industry

Locally inspired and sustainable cuisine expected to grow in popularity within full-service restaurants

COMPETITIVE LANDSCAPE

Asian full-service restaurants dominate the restaurant landscape, with Din Tai Fung being the largest

Competition among full-service restaurants to intensify due to similarity in terms of offerings and foodservice establishments replacing flagging retail stores

Alternative foodservice formats are being considered to contend with a difficult traditional operating environment

CATEGORY DATA

Consumer Foodservice in Singapore - Industry Overview

EXECUTIVE SUMMARY

Foodservice operators rush to adapt in the face of rising challenges

Food delivery platforms continue to see uptick in adoption, although issues remain

Stiff competition has forced foodservice operators to compete on non-food factors

Independent operators continue to grow and lead in terms of food and concept innovation

Automation and lean technologies will be the norm as operating costs rise

MARKET DATA

SOURCES

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Country Reports

Strategy Reports

Recently Viewed

Complete Catalogue

Country Reports

Strategy Reports