Bars & Nightclubs in California - Industry Market Research Report

  • ID: 4578267
  • Report
  • Region: California
  • 28 pages
  • IBISWorld
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Open bar: Rising consumer spending and demand for specialty cocktails will drive industry growth

FEATURED COMPANIES

  • BJ’s Restaurants Inc.
  • Darden Restaurants Inc.
  • Hakkasan Group
  • SBE Entertainment Group
  • Tao Group
  • The Abbey Food & Bar
  • MORE

Bars & Nightclubs in California

The Bars and Nightclubs industry in California has expanded over the five years to 2017. The industry in California has benefitted from strengthening economic activity, indicated by the increase in consumer spending in California. An increase in consumer spending signals growth in spending on discretionary purchases and activities, such as alcohol purchases from bars and nightclub admissions. Most of industry revenue is composed of the sale of alcoholic beverages. Over the five years to 2022, consumer spending is anticipated to grow, encouraging consumers to make more discretionary purchases and boosting foot traffic into bars and nightclubs. However, operators will continue to face strong competition from other industry operators and off-premise consumption options. The industry is expected to remain fragmented over the period. In addition, operators may face regulatory change within the next five years that can negatively impact their revenue.

This industry includes bars, taverns, pubs, lounges, nightclubs and other drinking places that primarily prepare and serve alcoholic beverages for immediate consumption. These establishments may also provide limited food services.

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BJ’s Restaurants Inc.
  • Darden Restaurants Inc.
  • Hakkasan Group
  • SBE Entertainment Group
  • Tao Group
  • The Abbey Food & Bar
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • Darden Restaurants Inc.
  • SBE Entertainment Group
  • BJ’s Restaurants Inc.
  • Hakkasan Group
  • Tao Group
  • The Abbey Food & Bar
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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