The overall number of outlets fell over 2020, although this was visible among independents, as there was no change in terms of the outlet network in chained self-service cafeterias. Ikea Restaurant (NBO: House Market) and Hondos Center (Hondos Bros) continued to account for all chained self-service cafeterias in Greece at the end of the review period.
Over 2020, the declines in transactions and current value sales of independent self-service cafeterias were steeper than the averages in consumer foodservice in Greece. Independent self-service cafeterias in the country tend to be located in travel and lodging locations; therefore, they were heavily impacted by border closures and sharp declines in tourist flows in 2020.
To some degree, sales of self-service cafeterias via lodging benefited from the ban on wild camping enforced in 2020. This was visible against the backdrop of the measures implemented by the government to stem the spread of COVID-19, which encouraged more people to opt for campsites as an alternative.
The recovery in transactions and value sales (at constant 2020 prices) is set to be supported by an upturn in travel and tourism in Greece. This is particularly important in this category, as independents, which dominate the number of outlets, cater to domestic and inbound tourists through their locations.
Given that most self-service cafeterias are located in established locations, such as retail locations, large hotels, campsites, ferries and motorway service stations, little change is expected in terms of the category’s outlet network. Self-service cafeterias are not expected to be strongly affected by closures, especially as the long-term effect of COVID-19 upon tourism is set to be heavier on smaller businesses, which are less likely to be able to cope with the sales losses incurred in 2020 and Q1 2021.
The recovery in value sales (at constant 2020 prices) is set to be slower in chained than independent self-service cafeterias in 2021 and over the forecast period. Similarly, chained outlets are perceived to be more at risk of closure than independents, although a stable outlet network is projected.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
Understand the latest market trends and future growth opportunities for the Self-Service Cafeterias industry in Greece 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 Self-Service Cafeterias industry in Greece, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This report originates from Passport, our Self-Service Cafeterias 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 extract FREE! Home Page