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Analyzing the Growth Rate of the Exhibition Organizing Market: What’s the Expected CAGR for the Next Decade?

The market size of organizing exhibitions has considerably expanded over the past few years. The growth is projected to increase from $32.14 billion in 2024 to $33.88 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.4%. Factors such as economic development, globalization, growth specific to the industry, governmental assistance and policies, and urbanization can be credited for the growth observed in the historical period.

The market size for exhibition organization is anticipated to undergo significant expansion in the following years. Predictions suggest it will reach a value of $41.23 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.0%. This predicted surge within the forecasting span can be credited to the impacts of digital revolution, economic development, distinctive industry trends, global integration, and governmental actions. The upcoming trends within the forecast duration encompasses hybrid happenings, incorporation of advanced technology, adherence to sustainability, implementation of health and safety procedures, utilization of data-based knowledge, and customization.

What Factors Are Propelling the Growth of the Exhibition Organizing Market from 2025 to 2034?

The surge in the number of individuals traveling for professional reasons is anticipated to fuel the expansion of the exhibition organizing market. Professionals traveling for business purposes differ from those traveling for personal or leisure pursuits. The rise in business travelers can be attributed to the internationalisation of businesses as well as the escalating demand for face-to-face meetings and networking events. Exhibition organizing is an essential service for these travelers, as it enables networking, displays innovations, and cultivates industry partnerships. For example, in May 2023, the UK Office for National Statistics reported that business visits to and from the UK by foreign and domestic residents increased to 5,149 thousand in 2022, a notable rise from 1,222 thousand in 2021. Consequently, the burgeoning number of business travelers is propelling the expansion of the exhibition organizing market.

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What Are the Leading Organizations Impacting the Exhibition Organizing Market’s Growth?

Major companies operating in the exhibition organizing market are:

• Johnson & Johnson

• EssilorLuxottica SA

• Shanghai Bolan Optical Electric Co. Ltd

• Alcon Inc.

• Bausch Health Companies Inc

What Are the Most Prominent Trends Driving Change in the Exhibition Organizing Market?

Leading firms in the exhibition organizing market are increasingly focusing on innovative exhibition endeavors, such as art exhibitions, to maintain a competitive advantage in the industry. Art exhibitions are curated presentations of art pieces, usually held at galleries, museums, or other cultural venues. The aim is to introduce the public to the work, themes, or movements of artists. For example, in November 2023, the Terra Foundation for American Art, a nonprofit organization based in the US, initiated a new scheme called Art Design Chicago, set to run from fall 2023 to 2025. This initiative aims to emphasize the city’s artistic heritage and innovative communities through a range of events and exhibitions. Additionally, it encourages cooperation and interaction amongst cultural practitioners across Chicago, bolsters the narratives of Chicago art and design, and amplifies the local visual art ecosystem. Art Design Chicago will showcase the artwork of numerous artists via collaborations with over 50 art-centric organizations across 30 districts.

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What Major Market Segments Define the Scope and Growth of the Exhibition Organizing Market?

The exhibition organizing market covered in this report is segmented –

1) By Type: 5,000-20,000 Square Meter (Sqm), 20,000-100,000 Square Meter (Sqm), More Than 100,000 Square Meter (Sqm)

2) By Application: Commercial Exhibitions, Art Exhibitions, Academic Exhibitions, Other Applications

3) By End-use Industry: Education And Career Fairs, Art And Culture, Health And Wellness, Entertainment And Media, Other End-use Industries

Subsegments

1) By 5,000-20,000 Square Meter (Sqm): Regional Exhibitions, Small Trade Shows, Local Exhibitions

2) By 20,000-100,000 Square Meter (Sqm): National Exhibitions, Large Trade Fairs, Conferences And Conventions

3) By More Than 100,000 Square Meter (Sqm): International Exhibitions, Mega Trade Fairs, Industry-Specific Expos

What Regions Are Leading the Charge in the Exhibition Organizing Market?

North America was the largest region in the exhibition organizing market in 2023. The regions covered in the exhibition organizing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Key Parameters Define the Exhibition Organizing Market’s Scope?

Exhibition organizing refers to the process of planning, coordinating, and managing events where items of interest are displayed to a targeted audience. These exhibitions can encompass a wide range of subjects, including art, technology, industry, culture, and more. The goal of exhibition organizing is to create engaging and informative experiences that attract attendees, showcase innovations or artworks, facilitate networking, and promote cultural or commercial objectives.

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