Over the forecast period, sales through bars/pubs are expected to see strong and stable growth in value and volume terms, driven by the strength of independent bars/pubs category. However, sales through chained bar/pubs are expected to decline, with consumers preferring the charm and unique offerings of independent outlets.
Chained cafés are set to benefit from the recovery of inbound tourism, with well-known and well-established brands expected to benefit the most from this. However, despite this positive outlook, dissatisfaction from locals about rising prices are likely to persist and could prevent chained cafés from seeing stronger growth.
Sustainability initiatives are starting to appear within specialist coffee and tea shops, while increasing health-consciousness is having a growing influence on bars/pubs. For example, local brand Prefer launched a ‘bean-free’ coffee made from the fermentation of bread, soybean pulp, and spent barley towards the end of 2023.
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 Singapore 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 Singapore, 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!