Industry Analysis & Industry Trends
Conditions in the British Pubs and Bars industry remain challenging. Legislative, social and economic trends have all negatively affected industry revenue and profit performance. Despite a stronger consumer backdrop in recent years, increases in beer duty, declining alcohol consumption and competition from cheap supermarket alcohol have weighed on many operators. Furthermore, industry players have been pinched by the rising prices of beverages and food, rising rents and increased business rates. Tenanted publicans that had to purchase beer from a particular operator were hit especially hard when debt-laden pub companies increased rent and beer prices in order to pay off their debts... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Pubs and Bars industry is judged to be in the mature stage of its life cycle. Although the number of industry enterprises has been in long-term decline, conditions have improved slightly over the past five years, driven by a stronger consumer backdrop and one-off sporting events stimulating sales. Nevertheless, legislative barriers and high operating costs continue to constrain many operators. Furthermore, falling alcohol consumption and strong competition from cheap supermarket alcohol has compounded an already challenging operating environment.
Industry value added, which measures the industry's contribution to the overall economy, is anticipated to grow at a compound annual rate of just 0.7% over the 10 years through 2021-22. In .. purchase to read more