The beverage serving activities turnover in Poland experienced significant fluctuations between 2013 and 2023. The sector saw a marked decline from 419.7 million euros in 2013 to 285.2 million euros in 2016, followed by a steady recovery that peaked at 401.7 million euros in 2019. However, the COVID-19 pandemic caused a sharp drop in 2020 to 269.8 million euros. The market then rebounded again, reaching 378.8 million euros by 2023. The year's turnover in 2023 stood slightly above the pre-pandemic level of 2019, with a year-on-year increase of 5.6%. Although the average annual growth rate over the past five years was slightly negative at -0.7%, the sector showed resilience in recovering from the pandemic setback.
Looking ahead, the forecast for 2024 and beyond suggests stagnation, with a slight downward trend and a five-year CAGR of -0.59%. The market is expected to decline marginally, with a total forecasted five-year growth rate of -2.91% by 2028. This indicates that other factors such as market saturation, economic conditions, and changing consumer preferences might influence turnover stability.
Future trends to watch for:
- Impact of economic recovery post-pandemic and consumer spending patterns.
- Growth in demand for non-alcoholic beverages and health-oriented product offerings.
- Technological advancements in beverage services and their impact on turnover.
- Changes in regulatory or taxation policies affecting the beverage industry.
