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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 | Nov 2016

In low spirits: Drink sales remain low as external competition threatens operators

IBISWorld’s Nightclubs market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
The Luminar Group Limited The Luminar Group Limited market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 12-17
-6.9%
Annual Growth 17-22
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Profit
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Employment
75,436
Businesses
7,175
Industry Analysis & Industry Trends

The music has stopped for many nightclubs during the past five years thanks to legislation that extended the licensing hours of other drinking establishments. Nightclubs have lost their competitive advantage as late-night revellers can now stay in pubs or bars that have wider selections of drinks, lower prices and more relaxed atmospheres. As a result, the industry has entered into a long-term decline.

IBISWorld estimates that approximately one-quarter of nightclubs have closed in the past decade as operators have struggled to respond to new challenges from regulation, licensing, planning, business rates and policing... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Nightclubs industry has a low level of market share concentration, with the three largest companies estimated to account for only 9.1% of industry revenue in 2016-17. Although famous clubs in London such as Ministry of Sound and Fabric may be able to draw visitors from across 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 venues. Smaller operators must instead concentrate on ensuring their venues are full enough to create the right atmosphere... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Nightclubs Industry?

This industry covers licensed establishments that sell beverages for on-site consumption and usually charge a fee for admission. This may come in the form of an entrance fee or a membership fee. They commonly provide musical entertainment and dance venues. The industry does not include 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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