$ 12.55 Billion Growth in Global Event Logistics Market 2020-2024 | 42% Growth to Originate in North America | Technavio

NEW YORK, March 15, 2021 /PRNewswire/ -- The event logistics market is expected to grow by USD 12.55 billion, progressing at a CAGR of almost 5% during 2020-2024. The report identifies North America as the key growth region and the region is expected to offer significant opportunities for vendors during the forecast period.

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The growing e-commerce industry events is one of the major factors propelling the market growth. However, factors such as the high cost of operation and competitive pricing will hamper the market growth.

Event Logistics Market: Type Landscape

Based on the type, the market saw maximum growth in the entertainment segment in 2019. The rising number of showbiz events across the world is the major factor driving the growth of the segment. The market growth in this segment will be significant over the forecast period.

Event Logistics Market: Geographic Landscape

By geography, North America is going to have lucrative growth during the forecast period. About 42% of the market's overall growth is expected to originate from North America. The growing popularity of live music concerts and increasing business events, such as marketing product launches, annual general meetings, incentive trips, strategic planning meetings, networking events, and professional development conferences will be crucial in driving the growth of the event logistics market in North America during the forecast period.

The US and Canada are the key markets for event logistics in North America. Market growth in this region will be faster than the growth of the market in other regions.

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Related Reports on Industrials Include:
Global Food Logistics Market - Global food logistics market is segmented by transportation mode (roadways, railways, seaways, and airways) and geography (APAC, North America, Europe, MEA, and South America). 

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Global Project Logistics Market - Global project logistics market is segmented by service (transportation, warehousing, and others) and geography (APAC, Europe, MEA, North America, and South America). 

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Companies Covered:

• Agility Public Warehousing Co KSCP
• CEVA Logistics AG
• C.H. Robinson Worldwide Inc.
• DB Schenker
• Deutsche Post AG
• DFDS AS
• DSV Panalpina AS
• FedEx Corp.
• Kuehne + Nagel International AG
• XPO Logistics Inc.

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2020, 2021, until 2025
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

Key Topics Covered:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type placement
• Entertainment - Market size and forecast 2019-2024
• Sports - Market size and forecast 2019-2024
• Trade fair - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by Type

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview

Landscape disruption

• Vendor Analysis
• Vendors covered
• Market positioning of vendors
• Agility Public Warehousing Co KSCP
• CEVA Logistics AG
• C.H. Robinson Worldwide, Inc.
• DB Schenker
• Deutsche Post AG
• DFDS AS
• DSV Panalpina AS
• FedEx Corp.
• Kuehne + Nagel International AG
• XPO Logistics Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Report Link: https://www.technavio.com/report/event-logistics-market-industry-analysis

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