Industry Analysis & Industry Trends
The Cafes and Coffee Shops industry includes all specialist unlicensed establishments that focus on the sale of coffee, in addition to other hot and cold drinks or light snacks. The performance of the industry has been driven by both economic and social factors, including growth in real household disposable income, preferences for cafes over alternative social venues and greater consumer interest in coffee blends and origins. Over the past five years, coffee has gained widespread appeal and become a daily part of many consumers' lives.
IBISWorld expects industry revenue to grow at a compound annual rate of 6.3% over the five years through 2016-17 to reach £5.8 billion. This includes forecast revenue growth of 5.1% in the current year... purchase to read more
Industry Report - Industry Locations Chapter
London is the most important region for the industry, accounting for an estimated 27.1% of industry establishments, approximately double London's share of the UK population. High disposable incomes combined with favourable demographics, such as a high percentage of younger people and tourists, have created favourable demand conditions in London, particularly for coffee. London has a large number of chain shops and independent cafes, including many artisan shops dedicated to catering to specific tastes. Holloway Road in North London has been cited as having the highest concentration of coffee shops, with 24 located along the road. The gentrification of many areas in the suburbs of London has also supported a number of small, boutique coffee shops. Ope.. purchase to read more