Press release
The Portable Stages Market to be driven by process-oriented automation approaches at a CAGR of 8% during 2019-2029
Moreover, in terms of consumption, the portable stages market is expected to register 2.1X growth, and the consumption volume of portable stages is expected to reach ~500,000 (Units) by the end of 2029. Economic solutions over permanent stage is expected to boost the demand for portable stages in the upcoming years. The global portable stages market is anticipated to witness significant growth in sales over the forecast period (2019 to 2029)
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The Americas Leading in Terms of Gains
As a result of stable demand for portable stages from the growing entertainment and recreation industry, the Americas region is estimated to hold a noticeable share of the global portable stages market, in terms of value and volume. Furthermore, the Americas market leadership is determined to remain steady over the forecast period, followed by Western Europe and South Asia, including China, where the portable stages market is expected to grow at a significant rate.
Large Portable Stages Set to Hold Robust Share
Among various types of portable stages by size, the large portable stages segment is anticipated to hold nearly one third of the global portable stages market share by size throughout the forecast period. However, the medium portable stages segment is expected to project profitable growth over the forecast period.
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Portable Stages Application to Remain Resilient in Sports and Recreation Industry
The market is mainly driven by high volume adoption of portable stages in the sports and recreation industry. The rising number of sports events and recreational activities in developing as well as developed regions are estimated to propel the growth of the portable stages market. In terms of revenue growth, the sports and recreation industry segment is projected to expand at a significantly high rate than other end-use segments over the forecast period. The increasing sports events, such as sports competitions and tournaments, are projected to influence major players, to manufacture more portable stages, increasing the sales of portable stages.
Portable Stages Market: Competition Landscape
Some of the major market participants of the global portable stages market operating at international and domestic levels are as follows:
Wenger Corporation
Hertz Furniture System LLC
Signature Systems Group LLC
SICO Incorporated
StageRight Corporation
Stageline Groupe Inc.
AmTab Manufacturing Corporation
Gopak Limited
Mega Stage Inc.
2M (Deutschland) GmbH
Europodium
Stagemobil Eckart Fahrzeugbau GmbH
CPS Manufacturing Co LLP
Bary Sales AS
Kultour GmbH
Quik Stage Incorporated
Marshall Austin Productions Inc.
Staging Canadell Ltd
Staging Concepts
Avocet Engineering Services Limited
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