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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Analysis Chapter

Operators in the $2.8-billion Bars and Nightclubs industry have struggled over the past five years as a number of consumer trends have worked against the interests of drinking establishments. A greater number of consumers have chosen to drink at home as drinks at bars and restaurants have become increasingly expensive and as drunk driving has garnered more negative attention. Also, alternative sources of entertainment have siphoned consumer attention away from the industry, both at home (e.g. big-screen TVs) and at multipurpose sporting and entertainment venues. Also, stricter liquor-licencing laws that enforce minimum prices and ban happy hours have restricted the ability of bar and nightclub owners to promote specials at their venues... 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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