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 2023-2028” The study provides a detailed analysis of the industry, including the global 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?

The India pub, bar, café and lounge (PBCL) market is expected to exhibit a CAGR of 13.3% during 2023-2028.

What are pub, bar, café and lounge (PBCL)?

Pubs, bars, cafes and lounges (PBCL) are commercial or independently owned spaces that 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.

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What are the growth prospects and trends in the India pub, bar, café and lounge (PBCL) industry?

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.

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?

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

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