The people, create demand for stores; if there are no coffee shops nearby, People create demand; if there are too many shops and not enough people, the shops create need for more employees.
Why the demand of coffee are increasing?
The market is foretold to be led by factors such as increased out-of-home drinking, fast urbanization, expanding e-commerce consumer spending, rising Gen Z income, rising instant coffee preference, growing demand for specialty coffee, and rising green coffee consumption in emerging nations.
Thus, people are demanding more coffee is the reason of increase in coffee shops.
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