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Bars & Nightclubs in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Bars & Nightclubs in Canada Market Research Report | NAICS 72241CA | Feb 2015

On the rocks: Declining alcohol consumption and heightened regulation will limit growth

The Bars & Nightclubs market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
-1.7%
Annual Growth 15-20
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Profit
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Employment
25,511
Businesses
4,864
Industry Analysis & Industry Trends

Reduced alcohol consumption and stricter regulatory oversight have resulted in contraction of the Bars and Nightclubs industry over the past five years. Alcohol has increasingly been consumed in private residences rather than industry establishments, and new pricing regulations aimed at stemming the trend of binge drinking have prevented operators from stimulating demand through special promotions. The industry has adapted to these challenges by increasingly targeting niche markets and offering ancillary products such as food and entertainment. In the next five years, improvements in the broader economy will drive increased consumer spending at bars and nightclubs, but will result in only a marginal expansion of revenue as competition remains fierce... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Bars and Nightclubs industry is in a mature phase of its life cycle. This is due to a long-term decline in alcohol consumption and changing consumer preferences toward at-home consumption. The industry is highly competitive and is facing increased competition from other industries, including full-service restaurants and establishments that sell packaged alcohol, such as supermarkets and convenience stores. Alcohol consumption patterns are shifting toward drinking out of bottles and cans at home, especially wine and imported beer. Over the 10 years to 2020, industry value added (IVA), which measures an industry's contribution to GDP, is expected to increase at an average annual rate of 0.9%, lower than average annual GDP growth of 2.2% over the same period... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Bars & Nightclubs Industry?

This industry includes bars, taverns, nightclubs and drinking places that serve alcoholic beverages for immediate consumption. These establishments may also provide limited food services.

Industry Products
Sale of distilled spirit drinksSale of wine drinksSale of beer, ale and ciderSale of foodAdmissions to special events and nightclubs, including cover chargesVideo Lottery Terminal revenueOther (accommodation, cigarettes and packaged liquor)
 
Industry Activities
Operating licenced barsOperating nightclubsOperating wine barsOperating licenced establishments with limited food serviceOperating Video Lottery Terminals in licenced venues


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