South & Central America Event Logistics Market Forecast to 2031
South & Central America 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 Fuel South & Central America Event Logistics Market
Various renewable energy companies in several countries are raising spending on corporate events or exhibitions across the globe, 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 Feicon Batimat, Latin American Construction Congress, ExpoCihac, and Latin American Mining Congress. For instance, Feicon Batimat is a major construction trade show held in São Paulo, Brazil, attracting around 50,000 visitors and over 700 exhibitors. The event spans approximately 70,000 square meters, showcasing a wide range of building materials, technologies, and services. It serves as a key platform for networking and discovering the latest trends in the construction industry.
Thus, the rise in corporate events or trade shows is anticipated to fuel the South & Central America 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, companies or associations are 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.
South & Central America Event Logistics Market Overview
South & Central America event logistics market is further categorized into Brazil, Argentina, and Rest of South & Central America. Brazil dominated the event logistics market in 2023 and is further expected to retain its dominance during the forecast period as well. Further, some of the major countries driving the growth for event logistics market in South & Central America region includes Brazil, Colombia, Argentina, Chile, and Peru. These countries are likely to host around 300 trade fairs in 2024 which is one of the major factors expected to drive the growth for event logistics in the South & Central America region. Further, the main industry that is likely to drive the market for event logistics is sports events sector.
South & Central America Event Logistics Market Revenue and Forecast to 2031 (US$ Million)
South & Central America Event Logistics Market Segmentation
The South & Central America event logistics market is categorized into type, end user, and country.
Based on type, the South & Central America event logistics market is segmented inventory management, delivery management, freight forwarding, pallets and packaging services, and others. The freight forwarding segment held a larger market share in 2023.
In terms of end user, the South & Central America 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 South & Central America event logistics market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America 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 South & Central America event logistics market.
Summary Info
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According to Business Market Insights’ research, the South & Central America event logistics market was valued at US$ 1,157.69 million in 2023 and is expected to reach US$ 1,503.01 million by 2031, registering a CAGR of 3.3% 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 South & Central America 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. Several event logistics companies across the globe are involved in green logistics practices. 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 South & Central America event logistics market growth during the forecast period.
On the contrary, disruptions in supply chain and geopolitical tensions hamper the growth of South & Central America event logistics market.
Based on type, the South & Central America event logistics market is segmented inventory management, delivery management, freight forwarding, pallets and packaging services, and others. The freight forwarding segment held 39.8% market share in 2023, amassing US$ 460.79 million. It is projected to garner US$ 640.59 million by 2031 to register 4.2% CAGR during 2023-2031.
In terms of end user, the South & Central America event logistics market is categorized into media and entertainment, sports events, corporate events and trade fairs, cultural events, and others. The sports events segment held 34.8% share of South & Central America event logistics market in 2023, amassing US$ 403.22 million. It is anticipated to garner US$ 548.94 million by 2031 to expand at 3.9% CAGR during 2023-2031.
By country, the South & Central America event logistics market is segmented into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 67.1% share of South & Central America event logistics market in 2023. It was assessed at US$ 776.93 million in 2023 and is likely to hit US$ 1,030.92 million by 2031, registering a CAGR of 3.6% during 2023-2031.
Key players operating in the South & Central America 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 South & Central America 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 South & Central America 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. South & Central America 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. South & Central America 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 – South & Central America Analysis
6.1 Overview
6.2 South & Central America Event Logistics Market Revenue (US$ Million), 2021-2031
6.3 South & Central America Event Logistics Market Forecast Analysis
7. South & Central America Event Logistics Market Analysis – by Type
7.1 Inventory Management
7.1.1 Overview
7.1.2 Inventory Management: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Delivery Management
7.2.1 Overview
7.2.2 Delivery Management: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Freight Forwarding
7.3.1 Overview
7.3.2 Freight Forwarding: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Pallets & Packaging Services
7.4.1 Overview
7.4.2 Pallets & Packaging Services: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
8. South & Central America Event Logistics Market Analysis – by End User
8.1 Media & Entertainment
8.1.1 Overview
8.1.2 Media & Entertainment: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Sports Events
8.2.1 Overview
8.2.2 Sports Events: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Corporate Events & Trade Fairs
8.3.1 Overview
8.3.2 Corporate Events & Trade Fairs: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Cultural Events
8.4.1 Overview
8.4.2 Cultural Events: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
9. South & Central America Event Logistics Market – Country Analysis
9.1 South & Central America
9.1.1 South & Central America Event Logistics Market Breakdown, by Key Countries, 2023 and 2031 (%)
9.1.1.1 South & Central America Event Logistics Market – Revenue and Forecast Analysis – by Country
9.1.1.2 Brazil: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.2.1 Brazil: South & Central America Event Logistics Market Breakdown, by Type
9.1.1.2.2 Brazil: South & Central America Event Logistics Market Breakdown, by End User
9.1.1.3 Argentina: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.3.1 Argentina: South & Central America Event Logistics Market Breakdown, by Type
9.1.1.3.2 Argentina: South & Central America Event Logistics Market Breakdown, by End User
9.1.1.4 Rest of South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.4.1 Rest of South & Central America Event Logistics Market Breakdown, by Type
9.1.1.4.2 Rest of South & Central America 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. South & Central America Event Logistics Market Segmentation
Table 2. South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Table 3. South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 4. South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 5. South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million) – by Country
Table 6. Brazil: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 7. Brazil: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 8. Argentina: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 9. Argentina: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 10. Rest of South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 11. Rest of South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Figure 1. South & Central America Event Logistics Market Segmentation, by Country
Figure 2. Ecosystem Analysis
Figure 3. South & Central America Event Logistics Market – Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. South & Central America Event Logistics Market Revenue (US$ Million), 2021-2031
Figure 6. South & Central America Event Logistics Market Share (%) – by Type (2023 and 2031)
Figure 7. Inventory Management: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Delivery Management: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Freight Forwarding: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Pallets & Packaging Services: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Others: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. South & Central America Event Logistics Market Share (%) – by End User (2023 and 2031)
Figure 13. Media & Entertainment: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Sports Events: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Corporate Events & Trade Fairs: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Cultural Events: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Others: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. South & Central America Event Logistics Market, by Key Countries – Revenue (2023) (US$ Million)
Figure 19. South & Central America Event Logistics Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 20. Brazil: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Argentina: South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Rest of South & Central America Event Logistics Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Company Positioning & Concentration
The List of Companies – South & Central America Event Logistics Market
o Kuehne + Nagel International AG
o CEVA Logistics AG
o DB Schenker
o FedEx Corp
o United Parcel Service Inc
o GEODIS SA
o DSV AS
o C H Robinson Worldwide Inc
o Deutsche Post AG
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