TSNN - Trade Show News Network’s Post

The 33rd UFI, The Global Association of the Exhibition Industry, Global Exhibition Barometer report indicates that 2024 will be a record year for the exhibition industry, with global revenues expected to grow by 17% on average year-over-year. Trade Show Executive dove into UFI’s findings with Kai Hattendorf, the association’s CEO. “This edition of UFI’s flagship Barometer research confirms our early data from January that 2024 will be a record year for industry revenues globally. This edition shows how this growth translates into new jobs in our sector as well as in expansion plans from the majority of businesses — aiming both at new business activities as well as new geographies. Against a complex global backdrop, the global exhibition industry is bullish about its short and mid-term prospects,” Hattendorf said. https://lnkd.in/gpRWt48g #UFI #tradeshows #exhibitions #eventreports

Great news for the exhibition industry! GLOBAL EXHIBITION MARKET VALUE PREDICTED TO SURPASS 2019 LEVELS BY 2024. Following the global shutdown of the exhibition industry due to the COVID pandemic,19 of the world’s largest exhibitions markets are experiencing a robust recovery and are poised to surpass their 2019 size by 7% by 2024, according to the latest projections from Globex 2023, the exhibition industry’s annual report published by Stax. Now in its 15th edition, Globex – the global exhibition organizing market: assessment and forecast to 2025 – analyzed 19 markets, including the U.S., China, U.K., Germany, France, Italy, Brazil, the Gulf Cooperation Council (GCC), Hong Kong, Turkey, Mexico, India, Indonesia, Singapore, Thailand, Malaysia, Vietnam, Macau and the Philippines. These 19 markets are expected to be valued at $26.5 billion in 2023, down 5% from $28.0 billion in 2019, according to Stax, a global management consulting firm serving corporate and private equity clients. The exhibitions market is projected to reach $30 billion by 2024 and $32.5 billion by 2025, according to Stax, which acquired AMR International, a strategy consulting company for the events industry that launched the Globex report, in 2022. Report courtesy: TSNN #tradeshows #tradefairs #exhibitions #exhibitionindustry #exhibitionsuccess #tradefairs2024

Great news for the exhibition industry! GLOBAL EXHIBITION MARKET VALUE PREDICTED TO SURPASS 2019 LEVELS BY 2024. Following the global shutdown of the exhibition industry due to the COVID pandemic,19 of the world’s largest exhibitions markets are experiencing a robust recovery and are poised to surpass their 2019 size by 7% by 2024, according to the latest projections from Globex 2023, the exhibition industry’s annual report published by Stax. Now in its 15th edition, Globex – the global exhibition organizing market: assessment and forecast to 2025 – analyzed 19 markets, including the U.S., China, U.K., Germany, France, Italy, Brazil, the Gulf Cooperation Council (GCC), Hong Kong, Turkey, Mexico, India, Indonesia, Singapore, Thailand, Malaysia, Vietnam, Macau and the Philippines. These 19 markets are expected to be valued at $26.5 billion in 2023, down 5% from $28.0 billion in 2019, according to Stax, a global management consulting firm serving corporate and private equity clients. The exhibitions market is projected to reach $30 billion by 2024 and $32.5 billion by 2025, according to Stax, which acquired AMR International, a strategy consulting company for the events industry that launched the Globex report, in 2022. Report courtesy: TSNN #tradeshows #tradefairs #exhibitions #exhibitionindustry #exhibitionsuccess #tradefairs2024

What is the outlook for events and exhibitions in 2024 and beyond? Post-pandemic, we’ve already seen a significant uplift in events – and according to a new report from UFI, 2024 is set to be just as promising. In fact, over the next 12 months, the industry is expected to witness a 15% increase in revenues, with 52% of events companies looking to expand their workforce. That’s just scraping the surface of what 2024 has in store for events and exhibitions. Get the full lowdown here ➡️ https://lnkd.in/dPRt9z5b #events #exhibitions #eventsindustry #eventmanagement #eventtech

When it comes to modular stand systems, two names rise to the top: T3 and beMatrix. Both are leading options, each with unique features and benefits. Our latest blog explores what each system offers and how we use them to create modular exhibition stands that leave your visitors saying ‘WOW!’. Read more here ➡️ https://lnkd.in/exEYYgm9

When it comes to modular stand systems, two names rise to the top: T3 and beMatrix. Both are leading options, each with unique features and benefits. Our latest blog explores what each system offers and how we use them to create modular exhibition stands that leave your visitors saying ‘WOW!’. Read more here ➡️ https://lnkd.in/exEYYgm9

🔎 UFI GLOBAL BAROMETER: Business expansion strategies 📈 📶 Companies from across the exhibition industry are in expansion mode. More than three out of four businesses are actively looking to expand their current activities, according to data from UFI’s latest Global Barometer report, which has just been released. 🆕 26% of all companies are planning to expand their current product portfolios—like launching shows for new industries or adding new product and service lines. This also includes venue operators looking to become show organisers, as we have seen repeatedly recently in the Middle East. 34% want to focus on growing their existing portfolios, and 17% of companies are looking to do both. ➡️ “All this points to exciting times ahead, as businesses across our industry are looking to diversify further”, says UFI CEO Kai Hattendorf. 🔗 DOWNLOAD NOW: As a service to the industry, the full report is available free of charge at https://brnw.ch/21wLNAo #ufi #ufinews #ufiresearch #barometer #business #research #globalexpansion #eventprofs

🌟 Did you know? The exhibition company organization market is booming! 🚀 Discover the latest trends, innovations, and opportunities in this rapidly growing industry. Stay ahead and get involved today! #didyouknow #ExhibitionMarket #IndustryTrends #BusinessGrowth #EventPlanning #MarketInsights #Doyouknow

📣 Exciting News Alert: The latest issue of Exhibition World Magazine is out, and it's 𝐚 𝐦𝐮𝐬𝐭-𝐫𝐞𝐚𝐝 𝐟𝐨𝐫 𝐚𝐧𝐲𝐨𝐧𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐞𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐨𝐧 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲! This edition shines a spotlight on the indispensable work of the exhibition logistics partners, highlighting the vital role they play in bringing the trade shows to life. 🚚 IELA - The Int. Exhibition Logistics Association is thrilled to be featured in this prestigious publication, and we want to extend our heartfelt thanks to Mash Media for their support and recognition of our association's efforts. 🙏 🔗 https://lnkd.in/edpkgxnW Make sure to check out the insightful articles on page 17 and 19, where Sandi Trotter, Sudhir Dhavan, Ravinder Sethi, Guido Fornelli and Garcia Newell delve into the challenges of exhibition logistics and how IELA is supporting the industry. But don't stop there! Dive into the entire magazine to stay informed about the latest trends, innovations, and insights shaping our industry. 📖💡 #ExhibitionWorld #ExhibitionLogistics #EventLogistics #IndustryInsights

There is so much data in our just released UFI Global Barometer… we will report on some of the trends on our UFI LinkedIn channel. See below, and follow us there for more updates if you like.