Press release
Event & Exhibition Market 2022 Business Scenario – Fiera Milano SpA, Deutsche Messe AG, Messe Frankfurt GmbH, MCH Group AG, GL Events
The Event & Exhibition Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Event & Exhibition Market is expected to register a CAGR of 3.9% during the forecast period from 2021 to 2026.
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Top Leading Companies of Event & Exhibition Market are Fiera Milano SpA, Deutsche Messe AG, Messe Frankfurt GmbH, MCH Group AG, GL Events, Koelnmesse GmbH, Messe Düsseldorf GmbH, RELX Plc, Viparis Holding and others.
Industry News and Updates
June 2020 - Fiera Milano announced that it is ready to open again from September 2020, to promote the economic recovery and support the growth and internationalization of enterprise. In collaboration with a team of experts, working in synergy with the major players in the sector, the company worked on preparing a protocol for the containment of the spread of the new coronavirus.
- January 2020 - Events organizer Comexposium has entered into exclusive discussions to acquire Europa Group. The Toulouse, the France-based company, oversees 50 conferences, including the Congress of the French Society of Ophthalmology. According to Compexposium officials, the proposed acquisition marks a continuation of Comexposium's evolution into the rapidly-growing healthcare sector.
Key Market Trends
North America Accounts to Hold Significant Growth
- North America accounts to hold significant growth in the market owing to factors including the rise in the number of international and domestic trade visitors. The region accounts for the highest direct spending on the exhibition activities and represents the largest exhibitors. According to UFI global, North America had the highest number of exhibitors (1.6 million) and second-highest visitors (91.2 million) in 2019. Further, the United States B2B trade-show market, worth USD 13.7 billion in 2016, is forecasted to grow to USD 16.8 billion by 2021. This significantly holds the market value in the forecast period.
- There are currently over 10,000 trade shows held every year in the United States, where 1,282 are approx international exhibitions. Also, the highest number of events and exhibitions are held in New York. Further, the total economic output of Chicago in GMP totaled USD703.9B in 2018, making Chicago equivalent to the 20th largest economy in the world, just surpassing the total economic output of Switzerland through its 1066 Exhibitions in Chicago and expected that in 2020 the economic output would further increase (Chicago government).
Regional Outlook of Event & Exhibition Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Event & Exhibition Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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