Globex Report 2021: Global Exhibition Market Should Rebound to 96% of it's 2019 Size - Forecast to 2023
Dublin, Jan. 12, 2022 (GLOBE NEWSWIRE) -- The "Globex 2021: The Global Exhibition Organising Market - Assessment and Outlook to 2023" report has been added to ResearchAndMarkets.com's offering.
Globex is essential reading for all participants in the global exhibition industry. This includes organisers, private equity and corporate investors, exhibition venues, service providers, industry associations and regulators.
For 2021, the publisher forecasts the market to be valued at $14.8b, still 49% lower than 2019. Looking ahead, the publisher forecasts that by 2023, the global exhibition market should rebound to 96% of its 2019 size.
Globex continues to be the only resource that provides a complete picture of the global exhibitions market.
Globex 2021 features:
A deep dive into the impacts of COVID-19
Market projections to 2023
Full geographic market profiles
Individual chapters on 20 mature & emerging countries (c.450 pages)
Growth strategies of leading international and local organisers
Latest M&A activity and analysis
Major industry trends - e.g. digital acceleration
Latest KPI data on the organiser and top exhibitions performance in each country
Each of the 20 country chapters contains:
Summary
Market size and forecast
Visitor and exhibitor dynamic
Sector split
Competitive dynamics
Venues
Appendix (venue map, top 20 show KPIs and key organiser profiles)
Globex 2021 includes:
Executive summary
Individual chapters on 20 mature & emerging countries
Easy-to-access and easy-to-browse interactive PDFs
Excel data tables
Up to 3 user licenses
Globex highlights: COVID impact assessment on 2021
The primary driver of revenue loss in 2021 is continued reduced volume sales. In many major markets, COVID-led restrictions have prohibited F2F exhibitions from taking place in H1 2021, culminating in a decline in NSM volumes by 50-80% compared to 2019
Weakened NSM pricing has also driven revenue loss. Across all markets, the publisher anticipates minimal price hikes in 2021 with organisers offering incentives to exhibitors to attend post-COVID shows which are generally smaller and with increased scrutiny around ROI
There is significant variation between the recovery of different exhibition markets. The least negatively impacted market is China, whereas the largest declines will come in Southeast Asia
Recovery projections to 2023
Each country will respond to the pandemic differently. Globex anticipates that China will fully recover by 2022 and exceed its 2019 size by 2023
The US market is expected to achieve full recovery by 2023 due to its low exposure to international participants and relatively early resumption of in-person events
Other markets such as France, India and Mexico are forecast to remain slightly below their 2019 size by 2023
The trend towards more digital services provided by exhibition organisers will persist and serve to complement and extend physical exhibitions. Globex believes that digital revenue will grow strongly at 28% CAGR between 2020 and 2023
The 20 markets featured in Globex include:
US
China
UK
Germany
France
Italy
Brazil
The Gulf Cooperation Council (GCC)
Russia
Hong Kong
Turkey
Mexico
India
Indonesia
Singapore
Thailand
Malaysia
Vietnam
Macau
The Philippines
Key Topics Covered:
1. Market Summary on Historical Trends (2015-2020)
1.1. Overall Market Size and Growth
1.2 Market Size and Growth by Country
Overall Market Size and Development by Country
Volume Development
Price Development
Revenue Split
Performance of Top Sectors
2. Market Outlook
2.1 COVID Impact Assessment in 2021
2.2 The Publisher's Vision of the Exhibition Industry Post-COVID
Forecast Market Dynamics (2020-2023)
Acceleration of Digital Developments Within the Exhibition Industry
A Look Ahead
3. Venue Landscape
4. Competitive Landscape
4.1 Overview
4.2 Acquisition Activity
4.3 Top 10 International Organiser Profiles
Informa Markets
RX (Formerly Reed Exhibitions)
Messe Frankfurt
Clarion
Comexposium
Messe Munchen
Messe Dusseldorf
Hyve
GL Events
Deutsche Messe
5. Country Summaries
Brazil
Mainland China
France
Gulf Cooperation Council - GCC
Germany
Hong Kong
India
Indonesia
Italy
Mexico
Russia
Southeast Asia (Excluding Indonesia)
Macau
Malaysia
Philippines
Singapore
Thailand
Vietnam
Turkey
UK
US
For more information about this report visit https://www.researchandmarkets.com/r/ci0ecb
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