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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 | Apr 2014

On the rocks: Competition and increasing regulation will temper revenue growth

IBISWorld’s Bars & Nightclubs market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
-1.7%
Annual Growth 14-19
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Profit
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Employment
25,767
Businesses
4,918
Industry Analysis & Industry Trends

Competition and reduced alcohol consumption resulted in poor industry performance over the past five years. Industry operators will continue to contend with increasing competition from at-home alcohol consumption and other forms of entertainment over the five years to 2019. However, the improvement in the broader economy is expected to drive bar and nightclub spending, especially as establishments focus on ancillary product lines, like food services and live entertainment... purchase to read more

Industry Report - Industry Investment Chapter

IBISWorld estimates that for every $1.00 the industry spends on wages, $0.10 is required for capital equipment, including the use and replacement of buildings and fittings. As a result, the industry has a low degree of capital intensity given its dependency on labour to deliver services. Labour provides customer service in a variety of areas, including liquor and food sales, as well as entertainment services. As a result, the industry is relies more on labour than fixed capital.

Operators can significantly reduce their capital investment by renting or leasing establishments, rather than purchasing. In this case, an operator's rental expense will be far greater as a percentage of revenue than depreciation expense... 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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