Bars & Nightclubs in Florida
Over the five years to 2017, the Bars and Nightclubs industry in Florida has experienced steady growth. Strong gains in the Consumer Confidence Index, coupled with continued rises in consumer spending, have benefited industry operators. The industry also benefits from demand generated by the state's large tourist population. Furthermore, per capita expenditure on alcohol is expected to increase during the five-year period, as state and national trends suggest that consumption is shifting away from beer and toward wine and distilled spirits. Going forward, the industry is expected to encounter competition from at-home consumption and nonindustry restaurants.
This industry includes bars, taverns, pubs, lounges, nightclubs and other drinking places that primarily prepare and serve alcoholic beverages for immediate consumption. These establishments may also provide limited food services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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