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Event logistics involve delivering, controlling, and planning the physical flow of goods. To meet customer’s requirements, proper information is to be shared by the respective department about the events that have been held. Contracting firms are specialized in handling functions such as storage, warehousing, freight, and storage. The event logistics market consists of several types of events, entertainment events, sports events, trade fairs, and other events, including cultural, festivals, business conferences, and government-sponsored events.
The event logistics market is a rapidly growing industry,
with a projected impressive CAGR from 2022 to 2030. This growth is being driven
by a number of factors, including the increasing popularity of large-scale
events, the growth of the e-commerce sector, and the increasing demand for
sustainable event logistics practices.
Event logistics companies are responsible for a wide
range of tasks, including:
- Planning
and managing the transportation of event materials and equipment
- Securing
the necessary permits and licenses
- Arranging
for the setup and breakdown of event venues
- Providing
security and crowd control
- Managing
waste disposal
In recent years, event logistics companies have begun to
adopt new technologies to improve the efficiency and sustainability of their
operations. These technologies include:
- Real-time
tracking systems that allow event organizers to monitor the status of their
shipments
- Automated
inventory management systems that help to reduce waste
- Sustainable
transportation options such as electric vehicles and renewable energy
As the event logistics market continues to grow, event
organizers will need to partner with companies that can provide them with the
latest logistics solutions. By doing so, they can ensure that their events are
executed smoothly and efficiently, while also reducing their environmental
impact.
Here are some additional thoughts on the future of event
logistics:
- The
rise of virtual events will create new opportunities for event logistics
companies. These companies will need to develop new solutions for
delivering event materials and equipment to remote locations, as well as
for providing virtual security and crowd control.
- The
increasing demand for sustainable event logistics will drive the
development of new technologies and practices. Event logistics companies
will need to adopt these new technologies in order to remain competitive.
- The
growth of the event industry in emerging markets will create new
opportunities for event logistics companies. These companies will need to
develop local expertise and relationships in order to succeed in these
markets.
Overall, the future of event logistics looks bright. The
industry is growing rapidly, and there are a number of new technologies and
practices that are emerging. Event logistics companies that are able to adapt
to these changes will be well-positioned to succeed in the years to come.
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Top 10 Companies
Top 10 event logistics companies in the world, along with
their country of origin, market share, and revenue:
|
Rank |
Company |
Country |
Market Share |
Revenue (USD million) |
|
1 |
DB Schenker |
Germany |
12.3% |
1,874 |
|
2 |
Kuehne + Nagel |
Switzerland |
11.2% |
1,720 |
|
3 |
UPS |
United States |
9.8% |
1,520 |
|
4 |
DHL |
Germany |
9.5% |
1,480 |
|
5 |
CEVA Logistics |
Switzerland |
8.0% |
1,280 |
|
6 |
Agility |
Kuwait |
6.7% |
1,080 |
|
7 |
DSV |
Denmark |
6.1% |
1,000 |
|
8 |
Hellmann Worldwide Logistics |
Germany |
5.3% |
880 |
|
9 |
Bollore Logistics |
France |
4.7% |
780 |
As you can see, the top 10 event logistics companies are all
headquartered in developed countries. This is likely due to the fact that these
countries have large and established event industries, as well as a strong
demand for event logistics services.
The market share of each company varies depending on the
region. For example, DB Schenker has the largest market share in Europe, while
Kuehne + Nagel has the largest market share in Asia. This is likely due to the
fact that these companies have a strong presence in these regions and have
developed strong relationships with local event organizers.
The revenue of each company also varies depending on the
size of the event industry in the country where it is headquartered. For example,
UPS has the highest revenue of all the companies on the list, as it is
headquartered in the United States, which has the largest event industry in the
world.
Overall, the top 10 event logistics companies are
well-positioned to capitalize on the growth of the event industry in the years
to come. These companies have a strong track record of success, a wide range of
services, and a global presence. As a result, they are likely to continue to be
the leaders in the event logistics market for years to come.
Top impacting factors: Market scenario analysis, trends,
drivers, and impact analysis
Growth of events in the e-commerce sector and the increase
in demand for qualified event logistics services are anticipated to boost the
growth of the market. Moreover, high labor costs and aggressive pricing can
create a lot of challenges in the growth of the market. Furthermore,
technological advancement in event logistics can provide new opportunities for
the event logistics market.
The event logistics market trends are as follows:
Growing events in the e-commerce sector:
Rapid urbanization and consequent rise in disposable income
in developing countries have increased mobile application adoption, which has
offered lucrative opportunities for the global e-sector market with the rise in
number of trade events. Companies have innovated apps that are easy to use
while policy upgrades have attracted many customers. Therefore, such
innovations created a need for efficient distribution systems in inventory
management, which is estimated to boost the event logistics market.
The increasing demand for qualified event logistics
services:
With growth in e-commerce across various countries, the
demand for logistics has greatly increased. Therefore, on-time delivery becomes
a competitive edge among various e-commerce companies, owing to the highly
competitive environment with value-added services and skilled supply chain
solutions in the event logistics market.
Key benefits of the report:
- This
study presents the analytical depiction of the event logistics market
along with current trends and future estimations to determine the imminent
investment pockets.
- The
report presents information related to key drivers, restraints, and
opportunities along with a detailed analysis of the event logistics market
share.
- The
current market is quantitatively analyzed to highlight the event
logistics market growth scenario.
- Porter’s
five forces analysis illustrates the potency of buyers & suppliers in
the market.
- The
report provides a detailed analysis based on competitive intensity and how
the competition will take shape in the coming years.
Questions answered in the event logistics market research
report:
- Which
are the leading market players active in the event logistics market?
- What
are the current trends that will influence the market in the next few
years?
- What
are the driving factors, restraints, and opportunities of the market?
- What
are the projections for the future that would help in taking further strategic
steps?
Event Logistics Market Report Highlights
|
Aspects |
Details |
|
By Type |
|
|
By End-Use |
|
|
By Region |
|
|
Key Market Players |
C.H. Robinson Worldwide, Inc., Rhenus Group, XPO
Logistics, Inc, United Parcel Service of America, Inc., DHL International
GmbH, Agility, CEVA Logistics, DB Schenker, FedEx, Kuehne + Agel |
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