Branded coffee shop market value in the UK 2015-2023
In 2023, the branded coffee shop market in the United Kingdom was estimated to have a value of 5.3 billion British pounds. This was an increase of over nine percent from the previous year, signifying a continued recovery from the dramatic decline in market value that occurred in 2020, when the coronavirus (COVID-19) pandemic heavily impacted the UK's coffee shop industry. However, the 2023 figure remained around half of the market value recorded before the beginning of the pandemic, when it stood at 10.1 billion British pounds in 2019.
