Exhibition Organizing Market Size, Share, Growth, and Industry Analysis, By Type (5,000-20,000 Sqm, 20,000-100,000 Sqm, and More Than 100,000 Sqm), By Application (Art Exhibitions, Academic Exhibitions, Commercial Exhibitions, and Others), Regional Insights, and Forecast To 2032

Updated On: 15 April 2024

Report Overview

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The global exhibition organizing market size was USD 29740 million in 2021. As per our research, the market is expected to reach USD 37770 million by 2028, exhibiting a CAGR of 3.4% during the forecast period. The COVID-19 pandemic has been unprecedented and staggering, with exhibition organizing market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

The exhibition organizing market's unique selling point is that it fosters trust without the need for a reliable third party while maintaining data record integrity and security. An exhibition organizing market has a different data structure than a conventional database. Data is divided into information-filled units by an exhibition organizing market. The exhibition organizing market data chain is formed when a block is closed after being filled to capacity and linked to the block before it. A database arranges data into tables, but an exhibition organizing market arranges data into linked chunks (blocks), as the name suggests.

Throughout the projected period, the market for exhibition organizing is anticipated to continue its rapid growth. The market's top players are expected to fiercely compete for new strategies and techniques to expand their businesses, which will lead to a proportionate increase in the exhibition organizing market. The exhibition organizing market shares are expanding as a result of the industry's excellent adaptability, cost-cutting measures, and financial planning for long-term profitability.

COVID-19 Impact Pandemic to Affect the Exhibition Organizing Market Growth

Market expansion was significantly impacted by Covid-19's debut. Although there is a growing demand for exhibition planning, the industry isn't growing because of a lack of supplies, severe supply-chain disruptions, and rising labor prices. Logistics and cargo accumulation have been severely disrupted by the outbreak. Following the COVID issue, end users are increasingly cautious about buying fixed assets because further pandemics could break out, producing interruptions and restrictions. Smart and clever exposition organizing services, which the industry is developing, are preferred. Given that demand is anticipated to grow quickly over the projected period, this might increase the revenue for exhibition organizing market share on a global scale.

Latest Trends

"E-Commerce Development to Surge Exhibition Organizing Market Growth"

The potential for the caravan leasing industry to thrive is suggested by the growth of e-commerce. An enormous increase in demand for this commodity over pre-pandemic years is attributable to the industry's provision of new technology that is far wiser and cleverer than previous customs. The expansion of the exhibition organizing market is projected to be boosted by these factors.

Segmentation

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• By Type Analysis

According to type, the market can be segmented into 5,000-20,000 Sqm, 20,000-100,000 Sqm, and More Than 100,000 Sqm amongst which 5,000-20,000 Sqm is the leading segment.

•  By Application Analysis

Based on application, the market can be divided into Art Exhibitions, Academic Exhibitions, Commercial Exhibitions, and Others amongst which Art Exhibitions is the largest share holder of the market worldwide

Driving Factors

"Reduced Financial Pressure in Purchases to Augment the Exhibition Organizing Market Growth"

A couple of the advantages of organizing exhibitions serve as significant market growth drivers. Major participants are relieved of their financial burdens by the exhibition planning since long-term leasing benefits the participants. Long-term leasing is more sustainable because it requires a single investment that is extended over time. The task will run more smoothly in the future since it gives the participants more logical and effective financial planning. Due to the agreements' incredible affordability for the participants, there is a rise in the need for exhibition planning. The spread of market shares for exhibition organizing is a direct outcome of rising demand being inversely correlated with rising production and supply.

"Strong Flexibility of the Exhibition Organizing Market to Proliferate the Market Growth"

Due to increasing demand, the market for exhibition organizing is predicted to grow further throughout the forecast period. The versatility of show organizing is another significant aspect promoting its growth. The caravan leasing is meeting the short-term needs of the primary participants at a low cost because of its high flexibility. The players' financial tension is being reduced by its durable construction and effective operating characteristics. The expansion of the global exhibition organizing market is being fueled by each of these factors.

Restraining Factors

"High-competition Amongst Players to Restrain the Exhibition Organizing Market Growth"

The highly competitive show organizing sector is endangering global market expansion. Furthermore, the leasing agreement looks to be a little too expensive because it requires a lengthy payback period and substantial long-term investment capital, upsetting the lessors' ability to maintain their financial stability. Despite providing more sophisticated and intelligent services, shipping and exhibitions organizing, whether for commercial or personal use, are proving to be out of budget. Together, these problems could restrict market growth during the anticipated time frame.

Regional Insights

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"Affordable Interest Rates Offered to Drive the Exhibition Organizing Market Share"

Because lessees in this region offer lessors low interest rates, North America currently controls the majority of the global market for exhibition organizing. It is anticipated that this rapidly developing region would hold a sizeable part of the worldwide market. The major contributor to these increasing market value numbers is the United States.

Asia Pacific is expected to follow North American region in terms of attributing the worldwide exhibition organizing market sales and manufacturing.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.

List of Market Players Profiled

• RELX Group (Reed Exhibitions) (U.K.)
• Informa (UBM) (U.K.)
• Messe Frankfurt (Germany)
• GL Events (France)
• MCH Group (Switzerland)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.