"Cafes/Bars in Ireland" Published

Cafés/bars experienced growth of 1% in current value terms in 2014 with outlet numbers starting to stabilise for the first time since the economic downturn hit in 2008. Confidence is starting to return to consumers, particularly in urban areas, and this is having an overall positive effect on the category. It is important to note that growth is being driven in larger urban cities and towns, whereas rural Ireland continues to struggle, particularly in terms of its bars/pubs.

Competitive Landscape

Insomnia Coffee Co remained the category leader in terms of value sales and outlet numbers in 2014. The company had 93 outlets and a value share of 2%. The Irish-owned company continued to grow its outlet numbers in 2014, finding more strategic locations and continuing its highly successful partnership with the retail chain Spar by adding cafés in many of its outlets. Expansion was relatively rapid with three outlets opening in the space of three weeks in December.

Full Report Details at
- http://www.fastmr.com/prod/1023616_cafesbars_ireland.aspx?afid=301

Industry Prospects

Overall sales of cafés/bars are set to see a value CAGR of 1% at constant 2014 prices over the forecast period, with sales anticipated to reach €2 billion by 2019. Overall outlet numbers will remain flat. However, transactions are expected to rise at a CAGR of 2% due to an increase in consumer confidence and, in turn, a positive impact on consumer spending within this discretionary category.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Cafés/Bars industry in Ireland with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Cafés/Bars industry in Ireland, our research will save you time and money while empowering you to make informed, profitable decisions.

The Cafés/Bars in Ireland market research report includes:

* Analysis of key supply-side and demand trends
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth  
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Cafés/Bars in Ireland?
* What are the major brands in Ireland?
* What are the growth prospects for specialist coffee shops in Ireland?
* How important are traditional cafés or bars to the foodservice landscape in Ireland?
* How are domestic specialist coffee shop chains fairing against multinational chains?

Reasons to Get this Report

* Gain competitive intelligence about market leaders

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