Similar to other consumer foodservice channels, street stalls/kiosks continued to suffer from the direct and indirect negative effects of the pandemic. Value sales were significantly impacted the previous year as these establishments are heavily dependent on footfall and impulse purchases, and therefore sales collapsed from mid-March to mid-May 2020 as Hungarians spent most of their time at home due to lockdown measures and the widespread adoption of remote working practices.
Food trucks, the emerging new format of brand extensions, and a new sales channel for limited-service restaurants and several domestic start-ups in consumer foodservice, recorded the largest losses during the pandemic as most festivals (their prime location) were cancelled. The traffic in busy office districts was also lower across the entire year due to further remote working measures.
Street stalls/kiosks exclusively offer takeaway food and drinks, and primarily operate in outdoor environments. Accordingly, unlike other types of foodservice businesses these players did not have to make major adjustments to their core business models to comply with public health restrictions.
Street stalls/kiosks remains one of the most flexible channels within consumer foodservice and offers fairly low entry costs, with these outlets often run by independent operators that decide their own working hours. However, they are also strongly linked to high footfall areas, and therefore are highly dependent on the further relaxing of restrictions, which is linked to the threat level of the virus.
The footfall patterns and the distribution within a certain catchment area will continue to transform street stalls/kiosks, leading to the emergence of new locations. However, some are likely to lose their appeal in the mid-term.
While the total number of street stalls/kiosks in Hungary continued to fall at the end of the review period, outlet numbers are projected to increase at modest but steady rates from 2022 onwards. With the negative economic consequences of COVID-19 set to be felt well into the forecast period, the fact that start-up and operating costs for these types of businesses are comparatively low will help to drive growth in outlet numbers.
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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 Definitions
This report originates from Passport, our Street Stalls/Kiosks research and analysis database.
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