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IMARC Group, a leading market research company, has recently releases report titled "India Pub, Bar, Café and Lounge (PBCL) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032” The study provides a detailed analysis of the industry, including the India pub, bar, café and lounge (PBCL) market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the India pub, bar, café and lounge (PBCL) market?
How big is the India pub, bar, café and lounge (PBCL) market?
The India pub, bar, café and lounge (PBCL) market is expected to exhibit a growth rate (CAGR) of 11.5% during 2024-2032.
What are pub, bar, café and lounge (PBCL)?
What are pub, bar, café and lounge (PBCL)?
A pub, bar, cafe, and lounge are distinct but related establishments that form the fabric of socializing and leisure experiences. A pub, often rooted in British tradition, is a welcoming space where patrons gather for drinks, notably beer, in a cozy, often historic setting. A bar encompasses a broader spectrum, ranging from lively sports bars to elegant cocktail lounges, catering to diverse tastes in alcoholic beverages and atmospheres. A cafe is a haven for coffee enthusiasts, offering a relaxed setting for savoring espresso, pastries, and light meals while fostering a conducive environment for work or conversation. Moreover, a lounge exudes sophistication, characterized by plush seating and a focus on cocktails and wine, making it an ideal destination for those seeking upscale relaxation. Currently, the pub bar café lounge is gaining immense traction as a social hub across India where people connect, unwind, and savor culinary delights, enriching communities with their distinct vibes and offerings.
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What are the growth prospects and trends in the India pub, bar, café and lounge (PBCL) industry?
What are the growth prospects and trends in the India pub, bar, café and lounge (PBCL) industry?
The India pub bar café lounge market is primarily driven by rising demand for venues that offer diverse experiences, from traditional pub settings to chic lounges, due to the changing lifestyle and social habits of urban Indian consumers, driven by increasing disposable income and exposure to global trends. Apart from this, the rapid expansion of the tourism and hospitality sector in India and the rising number of millennials and Gen Z consumers is propelling market growth, catering to both domestic and international visitors. Additionally, the evolving culinary landscape and the fusion of Indian and international cuisines are driving innovation in food and beverage offerings that enhance the appeal of these venues, thereby fostering market growth. Besides this, the emergence of digital platforms and social media that make it easier for consumers to discover and engage with these establishments has catalyzed market growth. Furthermore, the rising recognition of the potential for themed and niche venues and the craft beverage movement is contributing to market growth.
What is included in market segmentation?
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Outlet Type:
Pub
Bar
Café
Lounge
Breakup by Ownership:
Chain Market
Standalone Market
Breakup by Pricing:
High-End
Economy
Breakup by Region:
North India
East India
West and Central India
South India
Who are the key players operating in the industry?
Who are the key players operating in the industry?
The report covers the major market players including:
Impresario Entertainment and Hospitality Pvt. Ltd.
Olive Bar and Kitchen Pvt. Ltd.
Massive Restaurant Pvt. Ltd.
JSM Corporation Pvt. Ltd.
BTB Marketing Pvt. Ltd.
Foodlink Restaurants India Pvt. Ltd.
deGustibus Hospitality Pvt. Ltd.
Bistro Hospitality Pvt. Ltd.
Big Chill Café
Azure Hospitality Pvt. Ltd
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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