India Pub, Bar, Café and Lounge (PBCL) Market Report 2021-26, Industry Trends, Share, Size, Demand and Future Scope

 According to the latest report by IMARC Group, titled "India Pub, Bar, Café and Lounge (PBCL) Market : Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026," provide the India pub, bar, café and lounge (PBCL) market reached a value of US$ 2.4 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 12.2% during 2021-2026. 

The report provides a detailed analysis of the market by Outlet Type, by ownership, pricing and region type Also, the report analyzes the market’s competitive landscape.

Report Metric

Historical: 2015-2020

Base Year: 2020

Forecast Year: 2021-2026

Download free sample of the report: https://www.imarcgroup.com/india-pub-bar-cafe-lounge-market/requestsample

India Pub, Bar, Café and Lounge (PBCL) Market Industry Definition and Application:

Pubs, bars, cafes and lounges (PBCL) are commercial or independently owned spacesthat can sell alcohol as well as other food items. They consist of tables, chairs and entertainment activities like pool darts and television for broadcasting sporting events. In India, PBCL is a major constituent of the food and beverage industry, which is segmented into the chain and standalone markets. They are gaining prominence as a place of socializing and peer get-togethers, offering a unique ambiance, entertainment, and a wide variety of food and beverages.

Browse full report with TOC:  https://www.imarcgroup.com/india-pub-bar-cafe-lounge-market

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

India Pub, Bar, Café and Lounge (PBCL) Market Trends and Drivers:

The market is primarily driven by rapid urbanization and the increasing disposable incomesof individuals. Besides this, with the rising working population, individuals are indulgingin leisure activities, which has boosted the nightlife and mid-week party trends. This has resulted in high consumption of alcoholic beverages for socializing among different age groups, thereby escalating the growth of thePBCL sector across the country. In addition, as malls and day-out centers in small citiesare becoming the preferred choice for getaways, it is drivingthe development of theorganized PBCL market. Furthermore, the increasing penetration of domestic and international players in the Indian PBCL market is also influencing the industry's growth. This is creating opportunities for various brandsto offer services to consumers at reasonable prices to strengthen their businesses.

 

India Pub, Bar, Café and Lounge (PBCL) Market Segmentation:

The report has segmented the market on the basis on outlet type, by ownership, pricing and region.

Market Breakup by Outlet Type

  • Pub
  • Bar
  • café
  • Lounge

Market Breakup by Ownership

  • Chain Market
  • Standalone Market

Market Breakup by Pricing

  • High-End
  • Economy

Market Breakup by Region

  • North India
  • East India
  • West and Central India
  • South India

Who are the India Pub, Bar, Café and Lounge (PBCL) Market Key players?

The report provides a detailed analysis of the market leaders, 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, etc.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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