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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 | Aug 2014

An empty dance floor: Revenue contracts as people make a move for cheaper alternatives

IBISWorld’s Nightclubs market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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
-4.7%
Annual Growth 15-20
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Profit
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Employment
38,748
Businesses
6,965
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 in public buildings have 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 has 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 - Starting a New Business Chapter

The barriers to entering the Nightclubs industry are relatively low and are simple to overcome. These barriers predominantly involve issuing licences, hiring staff, purchasing or leasing a site, and purchasing or leasing facilities and entertainment-related equipment.

The usual principles apply to the purchase or lease of a venue and equipment and the hiring of staff. An important obstacle faced by participants is licensing the premises. Separate licensing legislation governs England and Wales from Scotland and Northern Ireland. As the system now stands, two licences are required: one for the premises and one personal licence to be held by the venue owner or manager.

Once a premises licence is granted, it is valid for the life of the business... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Nightclubs Industry?

The Nightclubs industry comprises licensed establishments that provide dance and musical entertainment services. The industry does not include public houses, bars, hotels and restaurants, which principally serve food and beverages.

Industry Products
Alcoholic beveragesEntry feesNon-alcoholic beveragesOther services
 
Industry Activities
Operating sound systems and lightingPlaying themed musicSupplying a dance floorSelling alcoholic beverages for on-site consumption


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