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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 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 2019, industry value added (IVA), which measures an industry's contribution to GDP, is expected to shrink at an average annual rate of 0.2%, lower than average annual GDP growth of 2.4% 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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