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HomeNewsCafé Coffee Day leads India's coffee store network with 400+ locations: GapMaps...

Café Coffee Day leads India’s coffee store network with 400+ locations: GapMaps Report

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According to the first Cafe Retail Network Report by GapMaps, a cloud-based data intelligence platform, Café Coffee Day continues to hold the most prominent coffee store network, boasting over 400 locations, despite up to 1,000 store closures over the past three years.

The report discovered that Barista possesses the second-largest network of stores in India, spanning 350 locations across the nation, closely pursued by Starbucks, which operates 340 stores.

While the leading three brands have established store networks in a significant number of the 26 cities with over 20 lakh residents, the report indicates that they have presence in only half of the Tier-1c cities with populations ranging from 10 to 20 lakhs. Additionally, their coverage extends to just 20% of the 75 Tier 2 cities, where populations range from 5 lakhs to 10 lakhs.

The Café Retail Network Report for 2023 in India meticulously observes the store counts and market penetration of nine leading café brands across nearly 1,800 locations throughout the nation. Furthermore, the report takes into account notable names such as Chaayos and Theobroma, both of which maintain significant store networks, each comprising of over 150 locations.

Andrew Smith, Director of economics and research, GapMaps, said, “Even after adjusting for incomes, the store provision of the major brands is relatively low by international standards and there remains ample opportunity for store growth within major cities across India. In addition, continued income growth across the country will further increase the addressable market and store potential for these brands.”

GapMaps’ first Café Retail Network Report for India in 2023 outlines the remarkable growth prospects that exist for brands seeking to expand their store networks within the region. Additionally, the favorable economic conditions are predicted to expedite and facilitate this growth, creating new avenues for brands to establish their presence in the country.

Established in 2013, GapMaps is an Australian company dedicated to aiding businesses in making informed location-based choices. They achieve this by seamlessly integrating up-to-date socio-demographic, economic, customer, and competitor data into a user-friendly platform known as GapMaps Live. This innovative platform is accessible in 23 countries and serves over 500 clients across various industries such as fast food, cafes, health and fitness, and more. These clients rely on GapMaps Live to shape their network expansion and optimization strategies. For those seeking further assistance, GapMaps Advisory experts are available to provide additional support in areas like market planning and location intelligence strategies.

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