Asia Pacific Event Logistics Market Size
| Study Period | 2020-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 22.88 Billion |
| Market Size (2029) | USD 31 Billion |
| CAGR (2024 - 2029) | 6.26 % |
| Market Concentration | Low |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
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Asia Pacific Event Logistics Market Analysis
The Asia Pacific Event Logistics Market size is estimated at USD 22.88 billion in 2024, and is expected to reach USD 31 billion by 2029, growing at a CAGR of 6.26% during the forecast period (2024-2029).
- The Asia Pacific event logistics market is growing rapidly as more events, conferences, and exhibitions are being held in the region. Rapid urbanization and the economic growth of the region are driving the demand for logistics services. Technology is also playing a role in the efficiency of logistics operations for Asia Pacific events.
- To promote the logistics in the Asia Pacific region, at the G20 Summit held in New Delhi, the government is taking initiatives to develop a transport corridor to link India, the Middle East, and Europe by rail, air, and sea.
- For Instance, in September 2023, The Transport Logistics and Air Cargo trade fair is in Southeast Asia with Singapore as the hub for transport logistics and air cargo in the region. MMI Asia announced the dates of the Southeast Asian edition of the transport logistics and air cargo show along with key industry stakeholders, including Changi Airport Group, SATS Ltd, and DHL Express, on 15 November. MMI Asia and the Singapore Tourism Board (STB) signed an MoU on 15 November for the organization of multiple biennial editions of the Transport Logistics & Air Cargo trade fair in Singapore. The Southeast Asian edition will be held at Marina Bay Sands in Singapore from 13 to 15 September 2023. The trade fairs and exhibitions are growing in the region, and so is the demand for event logistics is growing.
- For Instance, in October 2023, The World Cup 2023, which was held in India, the DP World and International Cricket Council (ICC) signed a partnership, and DP World launched its new ‘Beyond Borders’ initiative in collaboration with cricket star batsman and International Cricket Council (ICC) President. DP World utilizes its comprehensive network and intelligent logistics solutions to deliver 50 reused shipping containers to local cricket clubs across the globe. Each container is equipped with the necessary equipment.
- The new DP World Global ambassador launched the first container ahead of the 2023 edition of ICC Men's 50 Over Cricket World Cup in India, which will be held in the country from October 5 to November 19. At NSCI in Mumbai, Tendulkar unveiled the first container along with 40 Cricket kits. The first container of DP World will be placed at Palghar Sports Club in Maharashtra. Another 210 kits will be distributed among young cricketers coming from academies such as the one at Achrekar Cricket Academy and the one at Shivaji Park Gymkhana Academy.
Asia Pacific Event Logistics Market Trends
Sports Events are Driving the Market in the Region
Beijing Winter Olympics: JD Logistics has provided logistics services at the Beijing 2022 Winter Olympics. As China’s sports industry continues to grow and transition from a large sports nation to a strong sports nation, other industries are also following suit. They are China’s first logistics service provider at the 2022 Winter Olympics. JD Logistics, the logistics service provider for the 2022 Beijing Winter Olympics and 2022 Winter Paralympics, broke the 26-year tradition of the logistics service providers for the Beijing Winter Olympics. On 3 November 2020, the Beijing Winter Olympic Service Area of the Beijing municipal government procurement network announced that the bid for the 2022 Beijing 2022 Winter Olympic and 2022 Beijing Winter Paralympics was won by JD Logistics. The bid price for 2022 Beijing 2022 was reported to be 67.29 million RMB (USD 9.44 mn). The 2022 Beijing Olympic and 2022 Beijing Paralympic Logistics project is a project of the Beijing Olympic and Paralympic Organizing Committee.
In September 2022, it was announced again by the Beijing municipal government procurement network that the bid was won by JD Logistics for the project of the baggage transportation service provider for the Beijing 2022 Olympic and Paralympic Organizing Committee, amounting to 25 million RMB (USD 3.51 mn). The following year, in December 2022, another announcement revealed that JD.com had once again sold the project of athlete ingredients warehouse and logistics service procurement for the Beijing 2022 Beijing Olympic and Paralympic Organizing Committee, amounting to 15 million RMB (USD 2.10 mn). JD.com has served Olympic events for the first time in China, from the check-in of baggage to the food transportation to the overall logistics services done by JD Logistics.
China Dominates the Region in the Market
YTO Express, in the eastern Chinese province of Zhejiang’s capital, Hangzhou, will be the Official Logistics Services Sponsor of the 2022 Asian Games in Hangzhou.
Shanghai, the eastern tech hub that will host the games every four years for the third time, is set to re-emerge with a bang with the mega-sports competition scheduled for September 2022. YTO Express, a courier firm based in Shanghai, has agreed with the organizing committee to fund the event through cash and cash equivalent. YTO Express will set up an IT system and provide logistics services to event clients, including customs clearance and delivery, as well as warehousing and other logistics, the company said. In exchange for sponsoring the event, YTO Express will be given space inside the venue to promote the Asian Games. It will be considered the first logistics service sponsor for the 2026 games, which will be held in the Japanese prefecture of Aichi.
Asia Pacific Event Logistics Industry Overview
The event logistics market is highly fragmented, with many companies in the region. Many companies are focusing on organic growth strategies such as new product launches, approvals, patents, and events. Inorganic growth strategies such as acquisitions, partnerships, and collaborations have been observed in the market. These initiatives have allowed market participants to grow their business and customer base. As the demand for event logistics continues to grow in the global market, market payers within the event logistics market stand to gain from profitable growth in the future. Some of the leading companies in this industry are DHL Supply Chain, DP World, Agility, GWC Logistics, and others.
Asia Pacific Event Logistics Market Leaders
YTO Express
DP World
Nippon Express
JAS Worldwide
CEVA Logistics
*Disclaimer: Major Players sorted in no particular order
Asia Pacific Event Logistics Market News
- November 2023: Global Critical Logistics, Asia Pacific’s largest time-critical & live event logistics company, has acquired two New Zealand forwarders. GCL announced the acquisition of Auckland-based time frame logistics and Wellington-based Xtreme forwarding yesterday. Time Frame is a leading provider of live event logistics services and will see its assets and operations transferred to GCL's live event business, Rock-it Global. Xtreme forwarding will now be renamed Rock-it New Zealand.
- August 2022: The organizer of the 2025 World Expo (Japan Association) recommends the use of Nippon EXPRESS for the delivery of goods and supplies to the EXPO venue, as well as the on-site freight handling of the cargo. It is crucial to have a global logistics partner for the delivery of cargo to the EXPO 2025 venue. This is due to the large quantities of goods and supplies that need to be delivered simultaneously from the whole world to Osaka in Kansai. One of the world's leading integrated logistics services providers with a long-standing history in the exhibition and event industry.
Asia Pacific Event Logistics Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Exhibitions and Conferences are driving the market
4.2.2 Sports Events are driving the market growth
4.3 Market Restraints
4.3.1 Lack of Skilled Labor
4.4 Market Opportunities
4.4.1 Technological Innovations in the Events
4.5 Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Consumers/Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Value Chain/ Supply Chain Analysis
4.7 Impact of Covid-19 on the market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Inventory Control
5.1.2 Distribution Systems
5.1.3 Logistics Solutions
5.2 By Application
5.2.1 Entertainment
5.2.2 Sports
5.2.3 Trade fair
5.2.4 Others
5.3 By Country
5.3.1 China
5.3.2 South Korea
5.3.3 India
5.3.4 Japan
5.3.5 Rest of the Asia Pacific region
6. COMPETITIVE LANDSCAPE
7. Overview (Market Concentration and Major Players)
8. Company Profiles
8.1 Nippon Express
8.2 DP World
8.3 YTO Express
8.4 JAS Worldwide
8.5 CEVA Logistics
8.6 Air Cargo
8.7 Kuhene + Nagel
8.8 Geodis
8.9 Yamato Transport
8.10 Tokyo Freight Services
8.11 Sankayu Inc.
8.12 Sagwa Express*
- *List Not Exhaustive
9. *List Not Exhaustive
10. Other Companies
11. MARKET OPPORTUNITIES AND FUTURE TRENDS
12. APPENDIX
Asia Pacific Event Logistics Industry Segmentation
Event logistics refers to the organization and coordination of all participants and resources involved in each event. This includes the storage of equipment, the selection of a venue, the registration of participants, and the transportation of materials. The market size captures the revenue accrued by the logistics companies through the provision of services such as transportation, storage, and other value-added services.
The report provides a comprehensive background analysis of the market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the industry's competitive landscape.
The Asia Pacific event logistics market is segmented by type (inventory control, distribution system, and logistics solutions), by application (entertainment, sports, trade fair, other applications), and by country (China, India, Japan, Thailand, Vietnam, Singapore, Australia and Rest of Asia Pacific). The report offers the market size and forecasts in value (USD) for all the above segments.
| By Type | |
| Inventory Control | |
| Distribution Systems | |
| Logistics Solutions |
| By Application | |
| Entertainment | |
| Sports | |
| Trade fair | |
| Others |
| By Country | |
| China | |
| South Korea | |
| India | |
| Japan | |
| Rest of the Asia Pacific region |
Asia Pacific Event Logistics Market Research FAQs
How big is the Asia Pacific Event Logistics Market?
The Asia Pacific Event Logistics Market size is expected to reach USD 22.88 billion in 2024 and grow at a CAGR of 6.26% to reach USD 31 billion by 2029.
What is the current Asia Pacific Event Logistics Market size?
In 2024, the Asia Pacific Event Logistics Market size is expected to reach USD 22.88 billion.
Who are the key players in Asia Pacific Event Logistics Market?
YTO Express, DP World, Nippon Express, JAS Worldwide and CEVA Logistics are the major companies operating in the Asia Pacific Event Logistics Market.
What years does this Asia Pacific Event Logistics Market cover, and what was the market size in 2023?
In 2023, the Asia Pacific Event Logistics Market size was estimated at USD 21.45 billion. The report covers the Asia Pacific Event Logistics Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Asia Pacific Event Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia Pacific Event Logistics Industry Report
Statistics for the 2024 Asia Pacific Event Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Event Logistics analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
