Pubs & Bars in the UK - Industry Market Research Report

Drink up: Slowing inflation will boost spending on pubs and bars in the coming years, boosting revenue

Consumer spending on pubs and bars largely depends on disposable income levels with Britons spending less money on entertainment in times of rising inflation as everything becomes more expensive. The COVID-19 outbreak, the cost-of-living crisis and tumbling alcohol consumption levels are posing a threat to the performance of industry players. Industry revenue is falling at a compound annual rate of 5. 6% over the five years through 2023-24 to approximately £18. 3 billion, including growth of 8. 5% in 2023-24. Pubs and bars prepare and serve beverages for consumption on their own premises. The industry only includes individuals and companies that operate pubs. Companies that own but do not operate pubs, such as property companies and pub companies (pubcos), do not fall under this industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.