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Global Event Logistics Market Size (2024 - 2029)

The event logistics market has experienced significant challenges due to the COVID-19 pandemic, which disrupted global supply chains and logistics operations. The imposition of travel restrictions and lockdowns severely impacted the market's expansion, as major international events, including festivals, sports tournaments, and concerts, were canceled or postponed. These disruptions in the logistics sector have led to a contraction in the market size, as the inability to conduct large-scale events has reduced the demand for event logistics services.

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Market Size of Global Event Logistics Industry

Global Event Logistics
Study Period 2020 - 2029
Base Year For Estimation 2023
CAGR > 4.50 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

Event Logistics Market Analysis

The global logistics sector is expected to grow at a CAGR of greater than 4.5 percent during the forecast period.

The COVID-19 epidemic has caused substantial supply chain issues across the world. Multiple major lockdowns continue to suppress, the flow of raw materials and finished goods, causing manufacturing to suffer. To restrict the spread of the epidemic, several government agencies in the region imposed a total lockdown. This led to travel restrictions, which had a substantial impact on the global supply networks and logistics business. The expansion of the event logistics market was globally hampered as a result of this. The global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting business collaborations and partnership opportunities.

Many famous festivals, athletic events, exhibits, and concerts were canceled in 2020 to halt the spread of the virus. The pandemic's limitations have even impacted private occasions such as weddings. Many highly-anticipated large international events scheduled for 2020 have been postponed.

The Olympics, which were scheduled to take place in Tokyo for the first time in history, were postponed for the first time, followed by the Hajj, IIFA film awards, movie promotion, music concerts, stand-up comedy shows, Sports Events (World Cup, T20 cricket tournament IPL, Football events, and other private and government sports events).

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 market is segmented By Type (Inventory Control, Distribution Systems, and Logistics Solutions), By Application (Entertainment, Sports, Trade fair, Others) and by Geography. The report also covers the impact of COVID-19 on the market.

By Type
Inventory Control
Distribution Systems
Logistics Solutions
By Application
Entertainment
Sports
Trade Fairs
Others
Geography
North America
US
Canada
Mexico
Rest of North America
Europe
Germany
UK
Russia
Spain
Rest of Europe
Asia Pacific
India
China
Japan
Rest of Asia Pacific
Middle East
Saudi Arabia
UAE
Rest of Middle East
Rest of the World
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Global Event Logistics Market Size Summary

The event logistics market has faced significant challenges due to the COVID-19 pandemic, which disrupted global supply chains and led to the cancellation or postponement of numerous large-scale events, including festivals, sports events, and concerts. The pandemic prompted travel restrictions and lockdowns, severely impacting the logistics industry and hindering business collaborations and partnerships. However, the industry has shown resilience by adapting to new circumstances, incorporating digital technologies to create hybrid live/virtual events, and exploring innovative ways to organize gatherings. This adaptation has opened up new avenues for growth, as event professionals enhance their technological skills to meet evolving customer demands.

The market is characterized by a fragmented landscape with numerous companies employing both organic and inorganic growth strategies to expand their presence. Key players such as DHL Supply Chain & Global Forwarding, Kuehne + Nagel, and DB Schenker are actively involved in the market, leveraging advancements in transportation management systems and RFID technology to optimize logistics operations. These technologies facilitate real-time tracking and efficient supply chain management, reducing costs and improving warehouse operations. As the demand for event logistics continues to rise, market participants are poised to capitalize on profitable growth opportunities, supported by strategic partnerships and collaborations.

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Global Event Logistics Market Size - Table of Contents

  1. 1. MARKET INSIGHTS AND DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Value Chain / Supply Chain Analysis

    5. 1.5 Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Inventory Control

      2. 2.1.2 Distribution Systems

      3. 2.1.3 Logistics Solutions

    2. 2.2 By Application

      1. 2.2.1 Entertainment

      2. 2.2.2 Sports

      3. 2.2.3 Trade Fairs

      4. 2.2.4 Others

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 US

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

        4. 2.3.1.4 Rest of North America

      2. 2.3.2 Europe

        1. 2.3.2.1 Germany

        2. 2.3.2.2 UK

        3. 2.3.2.3 Russia

        4. 2.3.2.4 Spain

        5. 2.3.2.5 Rest of Europe

      3. 2.3.3 Asia Pacific

        1. 2.3.3.1 India

        2. 2.3.3.2 China

        3. 2.3.3.3 Japan

        4. 2.3.3.4 Rest of Asia Pacific

      4. 2.3.4 Middle East

        1. 2.3.4.1 Saudi Arabia

        2. 2.3.4.2 UAE

        3. 2.3.4.3 Rest of Middle East

      5. 2.3.5 Rest of the World

Global Event Logistics Market Size FAQs

The Global Event Logistics Market is projected to register a CAGR of greater than 4.5% during the forecast period (2024-2029)

DHL Supply Chain & Global Forwarding, Nippon Express, Kuehne + Nagel International AG Transport company, DB Schenker: Global Logistics Solutions and DSV: Global Transport and Logistics are the major companies operating in the Global Event Logistics Market.

Event Logistics Market Report Snapshots

Event Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)