L-Coffee Kft from The Coca-Cola Company had achieved promising sales with its Costa Coffee outlets prior to the pandemic. In 2021, the operator closed all outlets previously operated as domestic franchise partners, effectively removing the brand from the foodservice landscape in Hungary.
Upcoming international sporting events, such as the Paris 2024 Olympics and the European Soccer Championships, as well as popular concerts and music festivals that attract large crowds, are expected to drive the recovery of bar sales in the forecast period. This should help the category to recover to pre-pandemic levels.
Throughout the forecast period, the performance of cafés/bars is likely to be influenced by independent outlets managed by small businesses and entrepreneurs. Certain segments, such as specialist coffee shops, are to expand outlets if new locations can be found with the requisite footfall.
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Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in Hungary with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cafés/Bars industry in Hungary, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cafés/Bars
This category encompasses all establishments where the focus is on drinking (either alcoholic or non-alcoholic beverages). While a wide variety of snacks and full meals are offered, it is not uncommon for consumers to only order a drink. As a general rule, establishments deriving 50% of their income or more from the sale of drinks are included here.
See All of Our DefinitionsThis report originates from Passport, our Cafés/Bars research and analysis database.
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