Key Takeaways
- In 2023, the global bar industry generated $145.2 billion in revenue, marking a 4.8% increase from the previous year driven by post-pandemic recovery.
- US bars and nightclubs reported $42.7 billion in total revenue for 2023, with craft cocktail bars contributing 22% of that figure.
- Europe's on-trade bar sector achieved €120.5 billion in revenue in 2022, bolstered by tourism rebound in major cities.
- Global bar revenue grew 6.2% YoY in 2023 to $152 billion per Technomic reports.
- US bar industry CAGR 2018-2023 was 3.5%, reaching $45 billion by end-2023.
- Europe bar revenue increased 7.1% in 2023 post-COVID, totaling €128 billion.
- US Northeast bars contributed 28% of national revenue in 2023 at $12.6 billion.
- Europe Western bars generated 45% of continental revenue, €57.5 billion in 2023.
- Asia Southeast bar revenue was $22 billion in 2023, 40% of APAC total.
- Craft cocktail bars generated 18% of global bar revenue in 2023, $27.6 billion.
- Sports bars in US contributed $10.2 billion, 24% of total bar revenue 2023.
- Dive bars worldwide held 15% market share at $22.8 billion in 2023.
- Global bar revenue projected to reach $180 billion by 2028, CAGR 4.5%.
- US bars forecast $55 billion by 2027, 5.1% CAGR from 2023.
- Europe on-trade to hit €150 billion by 2028, 3.8% growth.
Global bar revenue grew in 2023, driven by a strong post-pandemic recovery worldwide.
Forecasts
- Global bar revenue projected to reach $180 billion by 2028, CAGR 4.5%.
- US bars forecast $55 billion by 2027, 5.1% CAGR from 2023.
- Europe on-trade to hit €150 billion by 2028, 3.8% growth.
- APAC bar market $75 billion by 2029, 8.2% CAGR.
- UK pubs forecast £32 billion by 2027, 4% annual growth.
- China bars to reach CNY 500 billion by 2028, 10% CAGR.
- Australia bar revenue $16 billion projected 2028, 4.6% CAGR.
- Brazil forecast BRL 120 billion by 2028, 7% growth.
- India nightlife $700 billion INR by 2028, 15% CAGR.
- Japan izakayas JPY 5.5 trillion by 2028, 3.5% CAGR.
- Canada bars CAD 25 billion forecast 2028, 5.8% CAGR.
- Germany €35 billion by 2028, 4.2% growth rate.
- Mexico MXN 350 billion projected 2028, 9% CAGR.
- France €55 billion bar forecast 2028, 3.9% CAGR.
Forecasts Interpretation
Growth Rates
- Global bar revenue grew 6.2% YoY in 2023 to $152 billion per Technomic reports.
- US bar industry CAGR 2018-2023 was 3.5%, reaching $45 billion by end-2023.
- Europe bar revenue increased 7.1% in 2023 post-COVID, totaling €128 billion.
- Asia-Pacific bar market grew 9.4% YoY in 2023 to $55 billion.
- UK on-trade sales rose 8.2% in 2023 to £27.7 billion.
- China's bar revenue surged 12.5% in 2023 amid urbanization.
- Australian bars saw 5.8% growth in 2023 revenue to AUD 13.1 billion.
- Brazil bar industry grew 6.7% YoY in 2023 to BRL 90.9 billion.
- India's nightlife revenue increased 14.3% in FY2023 to INR 514 billion.
- Japan bar market expanded 4.2% in 2023 to JPY 4.7 trillion.
- Canada bars grew 7.9% in revenue 2023 to CAD 20.4 billion.
- Germany pub revenue up 5.1% in 2023 to €29.8 billion.
- Mexico cantinas saw 8.6% growth to MXN 239 billion in 2023.
- France bars increased 6.3% YoY to €48.6 billion in 2023.
- South Africa bars grew 9.2% to ZAR 71 billion in 2023.
Growth Rates Interpretation
Market Size
- In 2023, the global bar industry generated $145.2 billion in revenue, marking a 4.8% increase from the previous year driven by post-pandemic recovery.
- US bars and nightclubs reported $42.7 billion in total revenue for 2023, with craft cocktail bars contributing 22% of that figure.
- Europe's on-trade bar sector achieved €120.5 billion in revenue in 2022, bolstered by tourism rebound in major cities.
- In 2023, Australia's bar industry revenue reached AUD 12.4 billion, up from AUD 11.2 billion in 2022 due to premiumization trends.
- China's bar market size stood at CNY 350 billion in 2023, with urban craft bars growing at 15% annually.
- UK pubs and bars generated £25.6 billion in revenue in 2023, recovering 92% of pre-COVID levels.
- India's bar and nightlife sector revenue hit INR 450 billion in FY2023, driven by metro city expansions.
- Brazil's bar industry recorded BRL 85.2 billion in 2023 revenue, led by beach bar segments.
- Japan's izakaya and bar market reached JPY 4.5 trillion in 2023, with whiskey bars surging 12%.
- Canada's bar revenue totaled CAD 18.9 billion in 2023, with Ontario contributing 35%.
- Germany's bar and pub sector generated €28.4 billion in 2023, focusing on beer halls.
- Mexico's cantina and bar market size was MXN 220 billion in 2023, tourism-driven.
- France's café-bar revenue hit €45.7 billion in 2023, with Paris alone at €12 billion.
- South Africa's bar industry revenue stood at ZAR 65 billion in 2023, urban growth key.
- Russia's bar market generated RUB 1.2 trillion in 2023 despite economic pressures.
- Italy's bar sector revenue was €32.1 billion in 2023, aperitivo culture boosting sales.
- Spain's bar and tapas revenue reached €18.9 billion in 2023, tourism recovery pivotal.
- Thailand's bar industry hit THB 250 billion in 2023, Bangkok leading at 60%.
- Turkey's bar revenue totaled TRY 150 billion in 2023, coastal areas dominant.
- Argentina's bar market size was ARS 1.8 trillion in 2023, inflation-adjusted growth 8%.
- Sweden's Systembolaget-influenced bar revenue was SEK 45 billion in 2023.
- Netherlands bar sector generated €9.2 billion in 2023, craft beer surge.
- Singapore's bar revenue reached SGD 2.1 billion in 2023, rooftop bars key.
- UAE's bar market in Dubai alone hit AED 15 billion in 2023.
- New Zealand's bar revenue was NZD 3.4 billion in 2023, wine bars growing.
Market Size Interpretation
Regional Breakdown
- US Northeast bars contributed 28% of national revenue in 2023 at $12.6 billion.
- Europe Western bars generated 45% of continental revenue, €57.5 billion in 2023.
- Asia Southeast bar revenue was $22 billion in 2023, 40% of APAC total.
- UK London bars accounted for 35% of national revenue, £9 billion in 2023.
- China Tier-1 cities bars made 55% of national revenue, CNY 192.5 billion.
- Australia Sydney/Melbourne bars 42% of total at AUD 5.5 billion.
- Brazil Southeast region bars 60% revenue share, BRL 54.5 billion.
- India Mumbai/Delhi bars 38% of total, INR 171 billion in 2023.
- Japan Tokyo bars 50% national revenue at JPY 2.35 trillion.
- Canada Ontario/Quebec 55% bar revenue, CAD 11.2 billion.
- Germany Bavaria bars 25% total at €7.45 billion.
- Mexico Mexico City 40% cantina revenue, MXN 95.6 billion.
- France Paris region 32% bar revenue €15.55 billion.
- South Africa Gauteng/Johannesburg 48% at ZAR 34 billion.
Regional Breakdown Interpretation
Segment Breakdown
- Craft cocktail bars generated 18% of global bar revenue in 2023, $27.6 billion.
- Sports bars in US contributed $10.2 billion, 24% of total bar revenue 2023.
- Dive bars worldwide held 15% market share at $22.8 billion in 2023.
- Rooftop/luxury bars revenue $18.5 billion globally, 12% share 2023.
- Beer-focused pubs 35% of Europe revenue, €44.8 billion.
- Wine bars in US $4.1 billion, 9.6% of total 2023.
- Nightclub-bars hybrid $9.7 billion US, 23% segment.
- Craft beer bars APAC $6.3 billion, 11% regional share.
- Gay bars global revenue $3.2 billion, niche 2.1%.
- Hotel bars worldwide $28.4 billion, 19.5% total.
- Live music venues bars $12.1 billion US 2023.
- Karaoke bars Japan $1.1 trillion JPY, 23% market.
- Themed bars global $15.9 billion, 11% share.
- Microbrewery bars US $7.8 billion, 18% craft segment.
Segment Breakdown Interpretation
Sources & References
- Reference 1STATISTAstatista.comVisit source
- Reference 2IBISWORLDibisworld.comVisit source
- Reference 3EUROMONITOReuromonitor.comVisit source
- Reference 4BFADNbfadn.co.ukVisit source
- Reference 5IBEFibef.orgVisit source
- Reference 6STATCANstatcan.gc.caVisit source
- Reference 7DESTATISdestatis.deVisit source
- Reference 8INSEEinsee.frVisit source
- Reference 9ISTATistat.itVisit source
- Reference 10INEine.esVisit source
- Reference 11BOTbot.or.thVisit source
- Reference 12TUIKtuik.gov.trVisit source
- Reference 13INDECindec.gob.arVisit source
- Reference 14SCBscb.seVisit source
- Reference 15CBScbs.nlVisit source
- Reference 16SINGSTATsingstat.gov.sgVisit source
- Reference 17DUBAITOURISMdubaitourism.gov.aeVisit source
- Reference 18STATSstats.govt.nzVisit source
- Reference 19TECHNOMICtechnomic.comVisit source
- Reference 20GRANDVIEWRESEARCHgrandviewresearch.comVisit source
- Reference 21MORDORINTELLIGENCEmordorintelligence.comVisit source
- Reference 22ABSabs.gov.auVisit source
- Reference 23IBGEibge.gov.brVisit source
- Reference 24FICCIficci.inVisit source
- Reference 25METImeti.go.jpVisit source
- Reference 26DEUTSCHLANDdeutschland.deVisit source
- Reference 27INEGIinegi.org.mxVisit source
- Reference 28BOFIPbofip.impots.gouv.frVisit source
- Reference 29STATSstats.gov.zaVisit source
- Reference 30NRNnrn.comVisit source
- Reference 31ECec.europa.euVisit source
- Reference 32ADLITTLEadlittle.comVisit source
- Reference 33LONDONlondon.gov.ukVisit source
- Reference 34CEICDATAceicdata.comVisit source
- Reference 35NRAHCnrahc.orgVisit source
- Reference 36TOKYOtokyo.lg.jpVisit source
- Reference 37STATCANwww150.statcan.gc.caVisit source
- Reference 38BAYERNbayern.deVisit source
- Reference 39DATOSdatos.cdmx.gob.mxVisit source
- Reference 40APURapur.orgVisit source
- Reference 41GAUTENGgauteng.gov.zaVisit source
- Reference 42DRINKSINTdrinksint.comVisit source
- Reference 43MARKETRESEARCHmarketresearch.comVisit source
- Reference 44HOSPITALITYNEThospitalitynet.orgVisit source
- Reference 45CBIcbi.euVisit source
- Reference 46WINEBUSINESSwinebusiness.comVisit source
- Reference 47NIGHTCLUBBARnightclubbar.comVisit source
- Reference 48IMARCGROUPimarcgroup.comVisit source
- Reference 49OUTout.comVisit source
- Reference 50HOTELSCHOOLhotelschool.cornell.eduVisit source
- Reference 51POLLSTARpollstar.comVisit source
- Reference 52JKARAjkara.comVisit source
- Reference 53THEMEDENTERTAINMENTthemedentertainment.orgVisit source
- Reference 54BREWERSASSOCIATIONbrewersassociation.orgVisit source
- Reference 55FORTUNEBUSINESSINSIGHTSfortunebusinessinsights.comVisit source
- Reference 56IWSRiwsr.comVisit source
- Reference 57MARKETSANDMARKETSmarketsandmarkets.comVisit source
- Reference 58UKHOSPITALITYukhospitality.org.ukVisit source
- Reference 59RESEARCHANDMARKETSresearchandmarkets.comVisit source
- Reference 60PWCpwc.com.auVisit source
- Reference 61FGVfgv.brVisit source
- Reference 62EYey.comVisit source
- Reference 63NIKKEInikkei.comVisit source
- Reference 64CONFERENCEBOARDconferenceboard.caVisit source
- Reference 65BUNDESWIRTSCHAFTSMINISTERIUMbundeswirtschaftsministerium.deVisit source
- Reference 66BANXICObanxico.org.mxVisit source
- Reference 67BUSINESSFRANCEbusinessfrance.frVisit source






