Asia Pacific Event Logistics Market Forecast to 2031
Asia Pacific Event Logistics Market Forecast to 2031 – Regional Analysis – by Type (Inventory Management, Delivery Management, Freight Forwarding, Pallets and Packaging Services, and Others) and End User (Media and Entertainment, Sports Events, Corporate Events and Trade Fairs, Cultural Events, and Others)
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Description
Rise in Corporate Exhibition/Events in Growing Construction and Renewable Energy Industry Boost Asia Pacific Event Logistics Market
Various renewable energy companies in Asia Pacific are raising spending on corporate events or exhibitions, which is boosting the number of such events. These events are focused on building relations with the community in various sectors, including solar, wind, geothermal, wave energy, bioenergy, and others. By participating exclusively in the top trade fairs of these industries, companies have the opportunity to increase their brand awareness and make a statement about their products and services in this highly growing renewable energy industry. In addition, trade shows are a robust platform that allows companies to showcase their entire business at one booth, raising company awareness among customers. A company can focus on products, services, as well as its work culture and values to ensure that potential customers visit its exhibition stand. As a result, there is a rise in spending on establishing such exhibition stands, which is expected to be the key future trend in driving the demand for event logistics services.
Events or trade shows in the construction industry are arranged each year with a focus on client engagement, product launches, and creating opportunities for business growth, among others. A few of the top construction trade shows include the Bauma China, Construction Indonesia, INTERMAT ASEAN, MCE – Mostra Convegno Expocomfort, and India Construction Expo. For instance, Construction Indonesia is a major trade show held at the Jakarta International Expo, attracting around 15,000 to 20,000 visitors and over 400 exhibitors from various construction sectors. It features a large exhibition area and offers networking opportunities, seminars, and workshops on industry trends and technologies.
Thus, the rise in corporate events or trade shows is anticipated to fuel the Asia Pacific event logistics market growth in the coming years.
Furthermore, renewable energy technologies such as solar, wind, geothermal, hydropower, ocean, and others are highly growing power generation technologies across the globe. Rise in awareness and investment towards generation of electricity sustainably through the renewable sources is expected to grow in the future. To showcase or advertise the new and technologically advanced products in this industry, the companies or associations are spending arranging corporate events or trade exhibition/shows. This will benefit companies in creating business opportunities with other competitors in the market by adopting strategies such as partnership, collaboration, agreements, and others. According to EventsEye, there are more than 400 trade shows scheduled in the year 2024 such as Intersolar Europe, World Hydrogen Energy Conference and Exhibition, EXPO Solar, ASEAN Solar EXPO, and others.
Asia Pacific Event Logistics Market Overview
Asia Pacific event logistics market has been further categorized into Australia, China, India, Japan, South Korea, and Rest of Asia Pacific region. The presence of some of the highly economically developing countries such as India, Vietnam, Indonesia, China, Malaysia, and Thailand, is one of the major factors likely to generate new opportunities for event logistics market vendors in the coming years. The market for event logistics in these countries will be driven due to the rise in number of businesses and sports industry that mainly drives the event logistics industry. Further, the emerging media and entertainment sector across these countries is another major factor driving the growth for event logistics in the Asia Pacific region. Rise in number of music concerts and other entertainment shows across the countries such as Japan, India, Indonesia, and Malaysia, is also driving the demand for event logistics in the region.
Further, the rising FDI investments from the international businesses of different countries is pushing the establishment of new businesses in the Asia Pacific countries which is further likely to generate new opportunities for business conferences and events in the Asia Pacific countries. Moreover, the rise in number of sports events in the highly populated countries such as India and Japan are another major factor driving the growth for event logistics in the region.
Asia Pacific Event Logistics Market Revenue and Forecast to 2031 (US$ Million)
Asia Pacific Event Logistics Market Segmentation
The Asia Pacific event logistics market is categorized into type, end user, and country.
Based on type, the Asia Pacific event logistics market is segmented inventory management, delivery management, freight forwarding, pallets and packaging services, and others. The freight forwarding segment held the largest market share in 2023.
In terms of end user, the Asia Pacific event logistics market is categorized into media and entertainment, sports events, corporate events and trade fairs, cultural events, and others. The corporate events and trade fairs segment held the largest market share in 2023.
By country, the Asia Pacific event logistics market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific event logistics market share in 2023.
C H Robinson Worldwide Inc, CEVA Logistics AG, DB Schenker, Deutsche Post AG, DSV AS, FedEx Corp, GEODIS SA, Kuehne + Nagel International AG, and United Parcel Service Inc are some of the leading companies operating in the Asia Pacific event logistics market.
Summary Info
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According to Business Market Insights’ research, the Asia Pacific event logistics market was valued at US$ 23,624.20 million in 2023 and is expected to reach US$ 41,424.46 million by 2031, registering a CAGR of 7.3% from 2023 to 2031. Increasing adoption of sustainable solutions and rise in corporate exhibition/events in growing construction and renewable energy industry are among the critical factors attributed to drive the Asia Pacific event logistics market growth.
The need for proper transport and logistics services has been rising owing to population growth worldwide. Many countries are shifting to green logistics and services to reduce the environmental impacts of conventional logistics. Sustainable and environment-friendly logistics services highlight lowering emissions by utilizing clean energy sources, such as wind and solar, to power fleet vehicles. By shifting to green transport and logistics for efficient event management, companies are anticipated to take various measures to reduce these emissions. Many large and medium-sized organizations are opting for initiatives to optimize their business processes to reduce carbon footprints. Many event logistics firms are supporting shippers to enhance mobility by suggesting environmentally friendly modes of transportation. In 2023, the event logistics arm of DHL Group-DHL Supply Chain’s Green Transport Policy-became a part of the company’s investment in decarbonized transport solutions and introduced the Green Transport Policy.
Historically, the engineering of pallets and packing technologies has prioritized economic effectiveness and secure shipping over sustainability; however, many event logistics providers are now rapidly moving to eco-friendly packaging to reduce their environmental impact. As recycled waste is utilized in the creation of eco-friendly packaging, fewer harmful resources are leveraged, which lowers overall carbon emissions. Logistic providers such as Borderline help reduce carbon emissions during freight forwarding by raising the fill rate per transport unit per tank of fuel, using higher-capacity vehicles, and performing routine maintenance of transport vehicles. Thus, the increasing adoption of sustainable solutions that focus on reducing carbon footprints aligns with organizations’ business strategy, which is anticipated to create lucrative opportunities for the Asia Pacific event logistics market growth during the forecast period.
On the contrary, disruptions in supply chain and geopolitical tensions hampers the growth of Asia Pacific event logistics market.
Based on type, the Asia Pacific event logistics market is segmented inventory management, delivery management, freight forwarding, pallets and packaging services, and others. The freight forwarding segment held 38.2% market share in 2023, amassing US$ 9,026.20 million. It is projected to garner US$ 16,860.71 million by 2031 to register 8.1% CAGR during 2023-2031.
In terms of end user, the Asia Pacific event logistics market is categorized into media and entertainment, sports events, corporate events and trade fairs, cultural events, and others. The corporate events and trade fairs segment held 40.8% share of Asia Pacific event logistics market in 2023, amassing US$ 9,650.19 million. It is anticipated to garner US$ 17,782.51 million by 2031 to expand at 7.9% CAGR during 2023-2031.
By country, the Asia Pacific event logistics market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 40.1% share of Asia Pacific event logistics market in 2023. It was assessed at US$ 9,477.09 million in 2023 and is likely to hit US$ 17,356.85 million by 2031, registering a CAGR of 7.9% during 2023-2031.
Key players operating in the Asia Pacific event logistics market are C H Robinson Worldwide Inc, CEVA Logistics AG, DB Schenker, Deutsche Post AG, DSV AS, FedEx Corp, GEODIS SA, Kuehne + Nagel International AG, and United Parcel Service Inc, among others.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific event logistics market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Asia Pacific event logistics market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Asia Pacific Event Logistics Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Technology Providers
4.2.2 Event Logistics Service Providers
4.2.3 End User
4.2.4 Aftermarket Logistics
5. Asia Pacific Event Logistics Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth of Events Industry
5.1.2 Rise in Strategic Initiatives by Key Players
5.2 Market Restraints
5.2.1 Lack of Adequate Infrastructure Development in Developing Economies
5.2.2 Disruptions in Supply Chain and Geopolitical Tensions
5.3 Market Opportunities
5.3.1 Increasing Adoption of Sustainable Solutions
5.4 Future Trends
5.4.1 Rise in Corporate Exhibition/Events in Growing Construction and Renewable Energy Industry
5.5 Impact of Drivers and Restraints:
6. Event Logistics Market – Asia Pacific Analysis
6.1 Overview
6.2 Asia Pacific Event Logistics Market Revenue (US$ Million), 2021-2031
6.3 Asia Pacific Event Logistics Market Forecast Analysis
7. Asia Pacific Event Logistics Market Analysis – by Type
7.1 Inventory Management
7.1.1 Overview
7.1.2 Inventory Management: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Delivery Management
7.2.1 Overview
7.2.2 Delivery Management: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Freight Forwarding
7.3.1 Overview
7.3.2 Freight Forwarding: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Pallets and Packaging Services
7.4.1 Overview
7.4.2 Pallets and Packaging Services: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
8. Asia Pacific Event Logistics Market Analysis – by End User
8.1 Media and Entertainment
8.1.1 Overview
8.1.2 Media and Entertainment: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Sports Events
8.2.1 Overview
8.2.2 Sports Events: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Corporate Events and Trade Fairs
8.3.1 Overview
8.3.2 Corporate Events and Trade Fairs: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Cultural Events
8.4.1 Overview
8.4.2 Cultural Events: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
9. Asia Pacific Event Logistics Market – Country Analysis
9.1 Overview
9.1.1 Asia Pacific Event Logistics Market Breakdown, by Key Countries, 2023 and 2031 (%)
9.1.1.1 Asia Pacific Event Logistics Market – Revenue and Forecast Analysis – by Country
9.1.1.2 Australia: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.2.1 Australia: Asia Pacific Event Logistics Market Breakdown, by Type
9.1.1.2.2 Australia: Asia Pacific Event Logistics Market Breakdown, by End User
9.1.1.3 China: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.3.1 China: Asia Pacific Event Logistics Market Breakdown, by Type
9.1.1.3.2 China: Asia Pacific Event Logistics Market Breakdown, by End User
9.1.1.4 India: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.4.1 India: Asia Pacific Event Logistics Market Breakdown, by Type
9.1.1.4.2 India: Asia Pacific Event Logistics Market Breakdown, by End User
9.1.1.5 Japan: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.5.1 Japan: Asia Pacific Event Logistics Market Breakdown, by Type
9.1.1.5.2 Japan: Asia Pacific Event Logistics Market Breakdown, by End User
9.1.1.6 South Korea: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.6.1 South Korea: Asia Pacific Event Logistics Market Breakdown, by Type
9.1.1.6.2 South Korea: Asia Pacific Event Logistics Market Breakdown, by End User
9.1.1.7 Rest of Asia Pacific: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.7.1 Rest of Asia Pacific: Asia Pacific Event Logistics Market Breakdown, by Type
9.1.1.7.2 Rest of Asia Pacific: Asia Pacific Event Logistics Market Breakdown, by End User
10. Competitive Landscape
10.1 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Mergers & Acquisitions
12. Company Profiles
12.1 Kuehne + Nagel International AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 CEVA Logistics AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 DB Schenker
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 FedEx Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 United Parcel Service, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 GEODIS SA
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 DSV A/S
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 C. H. Robinson Worldwide, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Deutsche Post AG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Research Team
Table 1. Asia Pacific Event Logistics Market Segmentation
Table 2. Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Table 3. Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 4. Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 5. Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 6. Australia: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 7. Australia: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 8. China: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 9. China: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 10. India: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 11. India: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 12. Japan: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 13. Japan: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 14. South Korea: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 15. South Korea: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 16. Rest of Asia Pacific: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 17. Rest of Asia Pacific: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million) – by End User
Figure 1. Asia Pacific Event Logistics Market Segmentation, by Country
Figure 2. Ecosystem Analysis
Figure 3. Asia Pacific Event Logistics Market – Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Asia Pacific Event Logistics Market Revenue (US$ Million), 2021-2031
Figure 6. Asia Pacific Event Logistics Market Share (%) – by Type (2023 and 2031)
Figure 7. Inventory Management: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Delivery Management: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Freight Forwarding: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Pallets and Packaging Services: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Others: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Asia Pacific Event Logistics Market Share (%) – by End User (2023 and 2031)
Figure 13. Media and Entertainment: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Sports Events: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Corporate Events and Trade Fairs: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Cultural Events: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Others: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Asia Pacific Event Logistics Market, by Key Countries – Revenue (2023) (US$ Million)
Figure 19. Asia Pacific Event Logistics Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 20. Australia: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million)
Figure 21. China: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million)
Figure 22. India: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million)
Figure 23. Japan: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million)
Figure 24. South Korea: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million)
Figure 25. Rest of Asia Pacific: Asia Pacific Event Logistics Market – Revenue and Forecast to 2031(US$ Million)
Figure 26. Company Positioning & Concentration
The List of Companies – Asia Pacific Event Logistics Market
o C H Robinson Worldwide Inc
o CEVA Logistics AG
o DB Schenker
o Deutsche Post AG
o DSV AS
o FedEx Corp
o GEODIS SA
o Kuehne + Nagel International AG
o United Parcel Service Inc
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