Europe Event Logistics Market Market Size (2024 - 2029)

Europe Event Logistics Market Analysis

The Europe Event Logistics Market is expected to register a CAGR of 8.04% during the forecast period(2024-2029).

• The sector of transport and logistics holds an average return on equity (ROE) of 0.86% in Western Europe. The rapid development of the tourism and hospitality industry, the expansion of IT hubs in Europe, and the significant increase in business activities such as conferences and seminars, brand promotion, and employee training are the main drivers of the growth of the event logistics market in Europe. Increasing business travel and changing lifestyles of business travelers who prefer leisure travel, rapid urbanization, and rising disposable income are also important factors supporting the expansion of the market.
• Europe's largest consumer electronics trade fair, IFA, planned four live and virtual extended events in Berlin in early September. Medica in Düsseldorf, where the medical community gathers each October, was held under strict hygiene and infection control measures. And instead of being canceled, Automatica, another major intelligent automation and robotics show, is postponed to December.
• Hybrid events are quickly becoming the new normal in the events industry. Hybrid events offer the best of both worlds by combining in-person and virtual elements.
• Live streaming allows hosts to broadcast event content, such as keynotes and panel discussions, to virtual attendees who cannot attend in person. The increase in internal events is a game-changer for companies looking to increase employee engagement and productivity. These events take many forms, from team-building exercises and camps to conferences and training sessions.

Europe Event Logistics Industry Segmentation

Event logistics are technical and logistical support to guarantee the successful operation of an event. Event organizers provide their clients with event logistics such as storage, event registration, venue selection, and more. The goal of event logistics services is to design an event with an efficient method of organizing and controlling all of the individuals participating as well as the resources required for the event. Storage, warehousing, freight, and storage are all tasks that contracting companies specialize in. The event logistics sector includes a variety of events such as entertainment events, sports events, trade fairs, and other cultural festivals, corporate conferences, and government-sponsored events.

The European Event Logistics Market is segmented by type (inventory control, distribution systems, and logistics solutions), application (entertainment, sports, trade fair, and others), and geography (Germany, United Kingdom, Spain, Italy, France, and rest of Europe) The report offers market sizes and forecasts in value (USD) for all the above segments.