Europe Event Logistics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR (2024 - 2029) | 8.04 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Event Logistics Market Analysis
The Europe Event Logistics Market is expected to register a CAGR of 8.04% during the forecast period(2024-2029).
- The sector of transport and logistics holds an average return on equity (ROE) of 0.86% in Western Europe. The rapid development of the tourism and hospitality industry, the expansion of IT hubs in Europe, and the significant increase in business activities such as conferences and seminars, brand promotion, and employee training are the main drivers of the growth of the event logistics market in Europe. Increasing business travel and changing lifestyles of business travelers who prefer leisure travel, rapid urbanization, and rising disposable income are also important factors supporting the expansion of the market.
- Europe's largest consumer electronics trade fair, IFA, planned four live and virtual extended events in Berlin in early September. Medica in Düsseldorf, where the medical community gathers each October, was held under strict hygiene and infection control measures. And instead of being canceled, Automatica, another major intelligent automation and robotics show, is postponed to December.
- Hybrid events are quickly becoming the new normal in the events industry. Hybrid events offer the best of both worlds by combining in-person and virtual elements.
- Live streaming allows hosts to broadcast event content, such as keynotes and panel discussions, to virtual attendees who cannot attend in person. The increase in internal events is a game-changer for companies looking to increase employee engagement and productivity. These events take many forms, from team-building exercises and camps to conferences and training sessions.
Europe Event Logistics Market Trends
Most important function is transportation
The sector of transport and logistics holds an average return on equity (ROE) of 0.86% in Western Europe. Western European air transport companies reported average returns on equity of about -45.75% as of January 2022. Many nations are upgrading their transport infrastructure to increase the flow of trade in Europe. For instance, construction projects are used to develop infrastructure in Germany and the United Kingdom. In Germany, the length of all highways will increase as well. They grew by 28.79% YOY to 8,30,000 km in 2022 from 6,44,480 km in 2021.
In Germany, the market for road freight transport is anticipated to expand both nationally and globally due to the increased attention on roads and infrastructure. During the COVID-19 pandemic, the government allocated EUR 20.06 million (USD 24.63 million) to five crucial freight lines connecting Great Britain and Northern Ireland. To help frontline responders during the COVID-19 crisis, a Transport Support Unit was also included in the package of actions.
The take-up of logistics investments in Europe increased by 13% YoY to reach approximately USD 34 billion in H1 2022. This development was fueled by the expansion of e-commerce, which increased by 13.3% YoY in 2021 to reach roughly EUR 88.1 billion (USD 94.04 billion). Due to the expansion of e-commerce, the domestic sector of the European courier, express, and package business earned 69% of the total revenue in 2021.
Global Events resumed
All significant events across all categories were postponed or canceled due to the COVID-19 epidemic. It covered both the formal and informal economies, as well as occasions like trade exhibits and sporting events. The damage to the events industry was severe yet controllable. The sector included the possibility of adjusting and bringing fresh approaches to event planning. The live event industry adapted and included more digital technologies. It was to create hybrid live/virtual events that ultimately raised the potential scale of any live event. Numerous sports leagues, including the NBA and MLB, resumed the play. However, spectators were not allowed, and players and staff were required to adhere to stringent health regulations.
Hybrid events became more popular in 2021. The "The Future of Virtual Events" report from fairs stated that 38.8% of those polled believe hybrid events will be the most well-liked in the upcoming year. As a result, hybrid events became more popular in 2023, increasing attendance. Previously, events were considered a source of income and treated accordingly. Now, it is also attracting attention as a PR activity. Instead of catering to a small number of people at private events, companies are publishing virtual and hybrid events to reach a wider audience. It will target people at multiple points in the sales funnel.
The European live events market saw sales decline due to the coronavirus pandemic. However, ticket sales returned to pre-pandemic levels in most live entertainment categories in 2022 as live events resumed to generate approximately USD 9.72 billion across the region.
Europe Event Logistics Industry Overview
The market is fragmented, with many companies across the globe. Numerous companies are concentrating on organic growth tactics such as new launches, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth tactics observed in the industry. These initiatives opened the road for market participants to expand their business and client base. With the increased demand for event logistics in the worldwide industry, market payers in the event logistics market are expected to benefit from profitable growth opportunities in the future.
Some of the top names in this industry include DHL Supply Chain & Global Forwarding, Kuehne + Nagel, DB Schenker, Nippon Express, DSV Panalpina, C.H.Robinson, UPS Supply Chain Solutions, and others.
Europe Event Logistics Market Leaders
C.H Robinson
Dachser
DB Schenker
Deutsche Post DHL Group
DSV
*Disclaimer: Major Players sorted in no particular order
Europe Event Logistics Market News
- July 2023: Ryder Cup Europe announced a new agreement with DP World that will see the global supply chain leader become a Worldwide Partner of the Ryder Cup. This new partnership agreement with golf’s greatest team contest further strengthens DP World’s strong ties with the game of golf and the wider sports sector, where it is on a mission to support the growth of sports worldwide through its smart logistics solutions.
- February 2023: The CMA CGM Group, one of the leading global players in sea, land, air, and logistics solutions, became the Official Partner in logistics solutions for the Paris 2024 Olympic and Paralympic Games, the world’s greatest sporting event. The CMA CGM Group will make its expertise available to Paris 2024, handling the transport and logistics for all the goods, equipment, and materials required for the event’s success at the Olympic and Paralympic venues. Via its CEVA Logistics and CMA CGM Air Cargo subsidiaries, the Group will organize all the international transport and customs brokerage activities and provide and operate the requisite logistics facilities for Paris 2024. CMA CGM will also operate road and river transport and logistics services at the Paris 2024 Olympic and Paralympic Games venues in metropolitan France and French overseas territories.
Europe Event LogisticsMarket Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Current Market Scenario
4.2 Industry Value Chain/Supply Chain Analysis
4.3 Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Events in E-commerce Sector
5.1.2 Increasing Demand for Qualified Event Logistics Services
5.2 Market Restraints/Challenges
5.2.1 High Labour Cost
5.2.2 High Pricing
5.3 Market Opportunities
5.3.1 Technological Advancement in Event Logistics
5.3.2 Sustainability Initiatives
5.4 Industry Attractiveness - Porter's Five Forces Analysis
5.4.1 Bargaining Power of Suppliers
5.4.2 Bargaining Power of Buyers/Consumers
5.4.3 Threat of New Entrants
5.4.4 Threat of Substitute Products
5.4.5 Intensity of Competitive Rivalry
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Inventory Control
6.1.2 Distribution Systems
6.1.3 Logistics Solutions
6.2 By Application
6.2.1 Entertainment
6.2.2 Sports
6.2.3 Trade fair
6.2.4 Others
6.3 By Geography
6.3.1 Germany
6.3.2 UK
6.3.3 Spain
6.3.4 Italy
6.3.5 France
6.3.6 Rest of Europe
7. COMPETITIVE LANDSCAPE
7.1 Overview (Market Concentration and Major Players)
7.2 Company Profiles
7.2.1 C.H Robinson
7.2.2 Dachser
7.2.3 DB Schenker
7.2.4 Deutsche Post DHL Group
7.2.5 DSV
7.2.6 FedEx
7.2.7 GEODIS
7.2.8 Kerry Logistics
7.2.9 Kuehne + Nagel
7.2.10 Maersk*
- *List Not Exhaustive
8. FUTURE OF THE MARKET
9. APPENDIX
Europe 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 European Event Logistics Market is segmented by type (inventory control, distribution systems, and logistics solutions), application (entertainment, sports, trade fair, and others), and geography (Germany, United Kingdom, Spain, Italy, France, and rest of Europe) The report offers market sizes 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 Geography | |
| Germany | |
| UK | |
| Spain | |
| Italy | |
| France | |
| Rest of Europe |
Europe Event LogisticsMarket Research FAQs
What is the current Europe Event Logistics Market size?
The Europe Event Logistics Market is projected to register a CAGR of 8.04% during the forecast period (2024-2029)
Who are the key players in Europe Event Logistics Market?
C.H Robinson, Dachser, DB Schenker, Deutsche Post DHL Group and DSV are the major companies operating in the Europe Event Logistics Market.
What years does this Europe Event Logistics Market cover?
The report covers the Europe Event Logistics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Event Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Event LogisticsIndustry Report
Statistics for the 2024 Europe Event Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe 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.
