B2B drives market demand, with B2B spending representing 57.2% of total demand in 2023. Yum China Holdings Inc is the largest company in China, generating 4.8% of the industry’s total turnover value in 2023. The industry is fragmented, with the top four companies generating 7.1% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry decrease by 1.3% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 20.7% of turnover in 2023, the seventh highest regionally. With turnover of USD965 billion, China accounts for 61.5% of the Asia Pacific total in 2023.
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Overview:
This Euromonitor industrial report provides unique information on Restaurants and Bars in China: ISIC 552. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Restaurants and Bars in China: ISIC 552 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Hotels and Restaurants in China report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Hotels and Restaurants?
- How the Hotels and Restaurants will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Restaurants and Bars in China: ISIC 552
HEADLINES
Hotels and Restaurants
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.
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- Understand future opportunities and threats within the industry
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