Cafés/bars is expected to experience strong growth over the forecast period, driven by improving economic conditions in Peru. This growth is attributed to increased public and private investment in the short term, which will enhance people's spending capacity.
Various players in cafés/bars category are expected to resume or continue their plans to open new physical locations and remodel existing establishments over the forecast period. This stems from an anticipated improvement in the economy, which is expected to create better business development opportunities as consumers become more willing to spend.
As leader of specialist coffee and tea shops, Starbucks will continue expanding nationwide, including into new territories. Most of these openings will be in a new format called Greener Stores, as part of Starbucks’ focus on sustainability and environmental concern.
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Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in Peru 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 Peru, 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.
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