Europe Event Management Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 11.60 % |
| Fastest Growing Market | Europe |
| Largest Market | Europe |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Event Management Market Analysis
Europe Event Management Market is expected to achieve a CAGR of 11.6% during the forecast period. The Event Management Market in Europe has been negatively impacted in 2020 by the COVID-19 pandemic outbreak. Most exhibitions, in-person meetings, trade shows, conventions, and seminars were postponed as a result of the lockdown measures the government put in place to try and stop the virus spread. Additionally, a sharp decline in foreign visitor arrivals to Europe during the pandemic contributed to the decline of the European event management industry. One of the top locations for roasting events worldwide is Europe.
The rapid development of the tourism and hospitality industries, the expansion of IT hubs in Europe, and the enormous rise in business activities like conferences and seminars, brand promotions, and employee training activities are the main drivers of the growth of the European event management market. A rise in business travel combined with a shift in the lifestyle of business travelers who seek out leisure travel, rapid urbanization, and an increase in disposable income are other significant factors that support the market's expansion.
Therefore, the demand for event planners, personnel service providers, furniture and equipment rental services, and other elements of corporate events is being fueled by the booming business activities. Additionally, the use of top-notch technology that can manage the entire event spurs industry expansion. Additionally, multi-dimensional events frequently serve as a major catalyst for the expansion of the European events market.
Europe Event Management Market Trends
This section covers the major market trends shaping the Europe Event Management Market according to our research experts:
Rise in Disposable Income Driving the Market
The average per capita purchasing power in Europe in 2021 is EUR 15,055 (16072.94 USD). However, disposable net income among the 42 countries surveyed varies significantly: Liechtenstein, Switzerland, and Luxembourg have the highest disposable net income. In total, Europeans have around 10.2 trillion euros available to spend in 2021. This means that per capita purchasing power has a nominal growth of 1.9 percent in 2021. This rise in disposable income is driving the Europe Event Management Industry.
Corporate Events Dominating the Market
Corporate events are experiencing steady growth in the event management industry of Europe. The small and medium-scale industries in this segment were mostly inclined toward corporate events. Most of the SMEs were concentrating on corporate events which is resulting in making corporate events the dominating sector in the Event management industry.
Europe Event Management Industry Overview
The Europe event management market is highly fragmented and consists of several global and regional players. These market players are constantly engaged in various developmental activities such as acquisition merger partnerships business expansions and new product launches which increases the competitive rivalry in Europe. These players with prominent shares in the market are focusing on expanding their customer base across foreign countries. These companies leverage strategic collaborative initiatives to increase their market share and profitability. It has major players; Forum Europe, Smartworks Events, Absolute Event Services, DFA Productions and Eclipse Leisure
Europe Event Management Market Leaders
-
Forum Europe
-
Smartworks Events
-
Absolute Event Services
-
DFA Productions
-
Eclipse Leisure
*Disclaimer: Major Players sorted in no particular order
Europe Event Management Market News
- On May 2022, In coordination with CEPS, the European University Institute (EUI), the Istituto Affari Internazionali (IAI), and The Providence Group, Forum Europe will host several events on the EU-US Trade and Technology Dialogue.
- On October 2021, Smart Events has partnered with HQ to raise funds for service and also for the development of the charity.
Europe Event Management Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Value Chain Analysis
-
4.5 Porter's Five Forces Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitutes
- 4.5.5 Intensity of Competitive Rivalry
- 4.6 Insights into Technological Advancements in the Industry
- 4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
-
5.1 By Type
- 5.1.1 Corporate Events
- 5.1.2 Association Events
- 5.1.3 Non-Profit Events
-
5.2 By Application
- 5.2.1 Individual User
- 5.2.2 Corporate Organization
- 5.2.3 Public Organization
- 5.2.4 Others
-
5.3 By Country
- 5.3.1 Germany
- 5.3.2 United Kingdom
- 5.3.3 Italy
- 5.3.4 Spain
- 5.3.5 France
- 5.3.6 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
-
6.2 Company Profiles
- 6.2.1 Forum Europe
- 6.2.2 Smartworks Events
- 6.2.3 Absolute Event Services
- 6.2.4 DFA Productions
- 6.2.5 Eclipse Leisure
- 6.2.6 Felix
- 6.2.7 Hughes Productions
- 6.2.8 Irwin Video
- 6.2.9 JP Events Ltd.
- 6.2.10 Off Limits
- 6.2.11 Owl Live*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Europe Event Management Industry Segmentation
Event Management is a platform that coordinates all tasks and activities for events as small as a marathon to as large as the Olympics. These tasks include sales and marketing, logistics, accounting, and travel management. A complete background analysis of the Europe Event Management Market, including an assessment of the national accounts, economy, and emerging market trends by segments, significant changes in the market dynamics, and the market overview, is covered in the report. The Europe event management industry is segmented by Type (Corporate Events, Association Events, Non-Profit Events), by Application (Individual User, Corporate Organization, Public Organization, Others), by Geography (Germany, United Kingdom, Spain, Italy, France, Rest of Europe). The report offers market size and forecasts for Europe Event Management Industry in value (USD Million) for all the above segments.
| By Type | Corporate Events |
| Association Events | |
| Non-Profit Events | |
| By Application | Individual User |
| Corporate Organization | |
| Public Organization | |
| Others | |
| By Country | Germany |
| United Kingdom | |
| Italy | |
| Spain | |
| France | |
| Rest of Europe |
Europe Event Management Market Research FAQs
What is the current Europe Event Management Market size?
The Europe Event Management Market is projected to register a CAGR of 11.60% during the forecast period (2024-2029)
Who are the key players in Europe Event Management Market?
Forum Europe, Smartworks Events, Absolute Event Services, DFA Productions and Eclipse Leisure are the major companies operating in the Europe Event Management Market.
Which is the fastest growing region in Europe Event Management Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Europe Event Management Market?
In 2024, the Europe accounts for the largest market share in Europe Event Management Market.
What years does this Europe Event Management Market cover?
The report covers the Europe Event Management Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe Event Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
European Event Management Industry Report
Statistics for the 2023 European Event Management market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. European Event Management analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
