Growth Of Exhibition Organizing Market Driven By Rising Number Of Business Travelers: Powering Innovation and Expansion in the Exhibition Organizing Market by 2025

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What Is the Expected CAGR for the Exhibition Organizing Market Through 2025?
The market size of organizing exhibitions has seen significant growth in the past few years. The size is projected to increase from $32.14 billion in 2024 to $33.88 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%. The earlier growth can be associated with factors such as economic expansion, globalization, growth in specific industries, the backing of governments and their policies, as well as urbanization.

What's the Projected Size of the Global Exhibition Organizing Market by 2029?
Expectations are high for the exhibition organizing market size, with predictions of robust growth in the coming years. By 2029, it's forecasted to reach $41.23 billion, following a compound annual growth rate (CAGR) of 5.0%. The predicted surge in growth during this period is a result of several factors including digital transformation, economic enhancement, sector-specific trends, globalization, and government endeavors. The forecasted period is likely to witness certain key trends such as hybrid events, the integration of technology, the adoption of sustainability measures, health and safety precautions, insight based on data, and personalization.

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Top Growth Drivers in the Exhibition Organizing Industry: What's Accelerating the Market?
The exhibition organizing market is expected to grow significantly due to an uptick in the number of travelling business individuals. Unlike personal or leisure travelers, these individuals travel for work-related needs. The rise in business travelers can be linked to the global expansion of businesses and the growing demand for face-to-face meetings and networking platforms. The importance of exhibition organizing for these business travelers lies in its ability to facilitate networking, display advancements, and encourage partnerships within the business community. For example, the Office for National Statistics, a UK government department, reported in May 2023 that business visits to and from the UK involving overseas and UK residents surged to 5,149 thousand in 2022, a significant leap from 1,222 thousand in 2021. Hence, the increase in the number of business travelers reinforces the growth prospects of the exhibition organizing market.

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What Trends Will Shape the Exhibition Organizing Market Through 2029 and Beyond?
Major firms in the exhibition organizing market are shifting their attention to innovative exhibition strategies such as art exhibitions, to obtain a competitive advantage. Art exhibitions present an organized display of artworks, generally in galleries, museums, or other cultural spaces and are set up to expose the public to artists' creations, themes, or movements. For example, in November 2023, the Terra Foundation for American Art, an American charitable organization, initiated a new citywide project known as Art Design Chicago. The scheme, which runs from fall 2023 to 2025, is intended to celebrate the city's artistic legacy and creative sectors through a succession of events and exhibitions. Besides, it aspires to facilitate cooperation and dialogue among cultural professionals across Chicago, ignite expansive conversations about Chicago's art and design, and reinforce the local visual art infrastructure. Art Design Chicago will display the art of hundreds of artists in collaboration with over 50 art-centric organizations spanning 30 neighborhoods.

What Are the Main Segments in the Exhibition Organizing Market?
The exhibition organizing market covered in this report is segmented -

1) By Type: 5,000-20,000 Square Meter (Sqm), 20,000-100,000 Square Meter (Sqm), More Than 100,000 Square Meter (Sqm)
2) By Application: Commercial Exhibitions, Art Exhibitions, Academic Exhibitions, Other Applications
3) By End-use Industry: Education And Career Fairs, Art And Culture, Health And Wellness, Entertainment And Media, Other End-use Industries

Subsegments
1) By 5,000-20,000 Square Meter (Sqm): Regional Exhibitions, Small Trade Shows, Local Exhibitions
2) By 20,000-100,000 Square Meter (Sqm): National Exhibitions, Large Trade Fairs, Conferences And Conventions
3) By More Than 100,000 Square Meter (Sqm): International Exhibitions, Mega Trade Fairs, Industry-Specific Expos

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Which Top Companies are Driving Growth in the Exhibition Organizing Market?
Major companies operating in the exhibition organizing market are Reed Exhibitions, Informa Markets, GL Events, Ascential plc, MCH Group, Emerald Expositions, Messe München, Clarion Events, Fiera Milano SpA, NürnbergMesse, Artexis Easyfairs, Comexposium, dmg events, Hyve Group, Tüyap Fairs and Exhibitions Organization Inc., Koelnmesse, RAI Amsterdam, Fira Barcelona, Pico Global, Tarsus Group, Messe Düsseldorf, Messe Frankfurt, ITE Group, and Korea Trade-Investment Promotion Agency (KOTRA)

Which Regions Will Dominate the Exhibition Organizing Market Through 2029?
North America was the largest region in the exhibition organizing market in 2023. The regions covered in the exhibition organizing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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