The economic repercussions of the pandemic will continue to affect the operations of players in street stalls/kiosks over the forecast period, considering subdued consumer spending and confidence. More people are likely to look for favourable prices when going out, which is expected to benefit street stalls/kiosks going forward, especially those located in low-tier cities, as the channel is reaching saturation in major cities.
At the end of the review period, brands with a significant presence in other channels were seeking to expand their business outreach and consumer awareness through the street stalls/kiosks format. Limited-service restaurants player KFC China was amongst those to open a street stall, which it called K coffee, locating it next to its restaurant outlet.
Street stalls/kiosks is expected to recover swiftly as life gradually returns to some degree of normality following the full reopening of China. This will be supported by decreasing need for the “third place”, which serves as a gathering area outside of people’s homes and work spaces.
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Street Stalls/Kiosks
Small, sometimes mobile, foodservice providers characterised by a limited product offering and by low prices. Includes street stalls, street hawkers and foodservice kiosks where food is prepared in some way and served through a hatch or over a display counter to take away. Also includes kiosks and carts located externally or internally eg in shopping malls etc. As a rule, street stalls/kiosks outlets tend to be smaller than 100% home delivery/takeaway outlets, while menus are more limited, often (though certainly not always) with a greater emphasis on snack items, rather than full meals.
See All of Our DefinitionsThis report originates from Passport, our Street Stalls/Kiosks research and analysis database.
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