Over the forecast period, cafés/bars is set to continue to rebound and recover from the pandemic-induced decline and should reach its pre-pandemic value sales levels as early as 2024. Chained cafés are expected to outperform independent cafés as consumer loyalty to major chains in cafés and specialist coffee and tea shops is set to continue increasing as the local population become increasingly comfortable with the idea that chained outlets offer similar value to more traditional independent cafés.
Bars/pubs are expected to outperform cafés over the period to 2028 as the cafés category is extremely saturated with more moderate future growth potential compared to bars/pubs. Also, younger consumers are reviving the tradition of the bars/pubs culture in the country and increasingly prefer these establishments for drinking and socialising.
The ongoing development of cafés/bars over the forecast period is set to be underpinned largely by ongoing innovation among category players as they face increasing competitive pressures from other consumer foodservice channels. The owners of some cafés/bars have already begun to think outside of the box in terms of creating new concepts in terms of interior decor, menu items and positioning with the potential to offer excitement and novelty to their customers.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in Bulgaria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cafés/Bars industry in Bulgaria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cafés/Bars
This category encompasses all establishments where the focus is on drinking (either alcoholic or non-alcoholic beverages). While a wide variety of snacks and full meals are offered, it is not uncommon for consumers to only order a drink. As a general rule, establishments deriving 50% of their income or more from the sale of drinks are included here.
See All of Our DefinitionsThis report originates from Passport, our Cafés/Bars research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!