In a recent published report, Kenneth Research has updated the market report for Exhibition Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Exhibition Market products.
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A report on Exhibition Market has recently been added into the repository of market research reports of Kenneth Research. The report, which is calculated for the forecast period 2021 2025, provides an in-depth analysis on the opportunities, latest trends, challenges and the growth drivers that are associated with the growth of the market. The market is thriving on account of the growing need for chemicals that are less toxic, backed by the stringent government regulations to regulate chemical pollution. It is estimated that more than 3 million tons of toxic chemicals have been released by industries till date in the year 2021. On the other hand, it is estimated that every second, around 300kgs of toxic chemicals are released into water, land and air by the industrial facilities. Further, the market is projected to grow on account of the growing trade in chemicals worldwide.
The European Union recorded to be the largest exporter of chemical products around the globe in the year 2019. The region was also the second largest importer of chemical products after the United States in the same year. The exports of chemicals in Europe, according to the statistics by Eurostat, grew from USD 323.49 billion in 2010 to USD 504.83 billion in 2020. Moreover, the imports of chemicals in the region grew from USD 205.64 billion in 2010 to USD 285.91 billion in 2020.
Over the recent years, the global Exhibition industry has been driven on the heels of rising demand for large event venues and emerging growth across various Asian nations. Additionally, the growth in Exhibition market is driven by increasing prevalence of digitisation.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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According to Azoth Analytics research report “Global Exhibition Market By Value, By Rented Space, By Region (Europe, North America, APAC), By Country (United Kingdom, Germany, France, Italy, United States, Canada, India, China, Japan, South Korea)”, global market is projected to display a robust growth represented by a CAGR of 4.97% by value during 2018– 2023, chiefly driven by increase in digitisation and rising marketing services spending of leading companies across the globe.
Among the regions, Asia Pacific is expected to grow at the fastest rate, mainly driven by increasing shift in the manufacturing base of leading consumer electronics companies, increasing focus of international companies and increasing initiatives of various governments to boost growth of the domestic industries.
The report titled “Global Exhibition Market – By Value, By Rented Space, By Region(Europe, North America, APAC) By Country (United Kingdom, Germany, France, Italy, United States, Canada, India, China, Japan South Korea), has covered and analysed the potential of Global Exhibition Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Exhibition market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Scope of the Report
Global Market (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Global Exhibition Market, By Value (USD Billion)
• Global Exhibition Market, By Value (Million Square Meter)
• List of Exhibition Venues, By Size
Regional Markets – North America, Europe, APAC (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Exhibition Market, By Value
• Exhibition Market, By Rented Space
• List of Exhibition Venues, By Size
Country Analysis – US, Canada, UK, Germany, France, Italy, China, India, Japan, South Korea (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Exhibition Market, By Value
• Exhibition Market, By Rented Space
• List of Exhibition Venues, By Size
Other Report Highlights
• Market Dynamics – Trends, Drivers, Challenges, Policy and Regulation,
• Company Analysis – Reed Exhibitions, UBM Plc, Messe Frankfurt, Messe düsseldorf, MCH Group, Informa
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Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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