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Nightclubs in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Nightclubs Market Research Report | SIC I56.301 | Feb 2015

Offbeat performance: Competition from pubs and bars puts the industry out of rhythm

IBISWorld’s Nightclubs market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
The Luminar Group Limited The Luminar Group Limited market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 10-15
-6.5%
Annual Growth 15-20
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Profit
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Employment
79,012
Businesses
8,060
Industry Analysis & Industry Trends

The music has stopped for many nightclubs during the past five years. Legislation that has extended licensing hours for other drinking establishments and banned smoking indoors has removed the industry's main competitive advantage. Late-night revellers once had to go to nightclubs, but they can now stay at a pub or bar and enjoy a wider selection of drinks, cheaper prices and a more relaxed atmosphere.

Nightclubs have also come under pressure from the economic downturn, which made clubbing unaffordable for many. On top of this, soaring youth unemployment and rising university tuition fees have hit the industry's core demographic hard... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Nightclubs industry has a very low level of market share concentration, since the four largest companies are estimated to account for less than 10% of total industry revenue. Although famous “superclubs” in London, such as Ministry of Sound or Fabric, may be able to draw visitors from around Britain and even abroad, the majority of operators only serve people in a very limited area. Only firms with considerable financial backing can hire the sort of renowned DJs and music artists that will fill very large venues. Smaller operators must instead concentrate on attracting sufficient patrons to ensure that their venue is full enough to create the right atmosphere for visitors... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Nightclubs Industry?

The Nightclubs industry covers licensed establishments that sell beverages for consumption on their premises and usually charge a fee for admission. This may come in the form of either an entrance fee or a membership fee. They commonly also provide musical entertainment and dance venues. The industry does not cover public houses, bars, hotels or restaurants.

Industry Products
DrinksClub accessVenue hire
 
Industry Activities
Operating nightclubsServing alcoholic and non-alcoholic beveragesProviding musical entertainment and access to a dance floorOperating social clubs


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