The France event services market has great potential and provides a wide range of event management-related solutions. The development of the event infrastructure has made it a desirable location for conducting a variety of events including sporting events, corporate conferences, and music performances. In addition, the service providers are offering expertise in strategy, planning, budgeting, logistics, communication, catering, and venue leasing, for online or hybrid events which is enticing the clients to engage with the market players.
The primary users of these services in the market are corporate entities, including companies that organize conferences, product launches, and training programs & the non-corporate entities involved in sporting, educational, and entertainment events. The need for services associated with virtual event organizations has increased during the COVID-19 outbreak, which has caused a shift from physical to online & hybrid events.
By Service
The Location Rental segment held the major revenue share in 2021 and is expected to grow with the highest CAGR during the forecast period.
The concentration of government on the tourism industry and the rise in the number of high-net-worth individuals seeking luxury event services have contributed to the expansion of the France event services market. On the contrary, the lack of competent workers is one of the challenges which drives up labor expenses and service costs. Overall, there are opportunities for growth in developing markets in the forecasted year.
By Event Type
The Corporate Events and Seminars segment dominated the market in 2021, and is also anticipated to be lucrative during the forecast period.
The France event services market is a dynamic sector catering to a diverse range of organizations and non-corporate entities. The market offers a comprehensive suite of services, including event management, venue selection, catering, logistics, and budget planning. France is renowned for its elegance and sophistication, which serves as a prime destination for music concerts, exhibitions, sports events, and corporate gatherings. The market caters to a wide customers, encompassing small and medium-sized enterprises (SMEs), large corporations, government bodies, and non-governmental organizations (NGOs). The outbreak of the COVID-19 pandemic has accelerated the adoption of online and hybrid events, resulting in a surge in demand for event services in France. Moreover, the government's strategic focus on promoting the tourism sector has created abundant opportunities, which is fueling the growth of the France events market at an exponential rate. However, the industry is facing a significant challenge in terms of a shortage of experienced professionals. Furthermore, the expansion of France event services into emerging markets such as India, China, and other Asian countries holds considerable growth potential for the market players and stakeholders. The rising trend of pop-up events presents a lucrative avenue for market expansion and has a high potential for market growth.
By End User
By End User, the Entertainment segment held the major share of the market in 2021.
France event services market is segmented into Service, Event Type, End User and Organization. On the basis of service, the market is fragmented into strategy, planning, budget & development; communication & logistics; attendees management & engagement; event catering; virtual or hybrid event enabler; location rental; and others. As per the event type, it is segregated into music concert, festivals, sports, exhibitions & conferences, corporate events & seminar, and others. By end user, it is categorized into corporate, sports, education, entertainment, and others. According to organization, it is classified into small & medium enterprises, large enterprises, and government bodies & NGOs.
By Organization
The Small and Medium Enterprises segment is anticipated to grow at a fastest CAGR during the forecast period.
Key companies tracked in the report are, Comite International de Fair (CIF), EventOne, Assembre , Centre Seine-Ouest (CSO), AVS Events, Le Monde de l'Evenement, BMS Organisation, Service Organisation, Weber Booth, and WCT Paris
Key Benefits for Stakeholders
- Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in France event services market.
- Assess and rank the top factors that are expected to affect the growth of France event services market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the France event services market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
France Event Services Market Report Highlights
Aspects | Details |
Forecast period | 2021 - 2031 |
Report Pages | 80 |
By Service |
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By Event Type |
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By End User |
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By Organization |
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Key Market Players | Weber Booth, AVS Events, WCT Paris, Comite International de Fair (CIF), EventOne, Centre Seine-Ouest (CSO), Service Organisation, BMS Organisation, Assembre, Le Monde de l'Evenement |
The France Event Services Market is estimated to reach $55.2 billion by 2031
Comite International de Fair (CIF), EventOne, Assembre, Centre Seine-Ouest (CSO), AVS Events, Le Monde de l'Evenement, BMS Organisation, Service Organisation, Weber Booth, WCT Paris are the leading players in France Event Services Market
1. Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
2. Analyze the key strategies adopted by major market players in france event services market.
3. Assess and rank the top factors that are expected to affect the growth of france event services market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the france event services market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
France Event Services Market is classified as by service, by event type, by end user, by organization
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