European Event Management Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

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

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.