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US Event Logistics Market Forecast to 2028 - COVID-19 Impact and Country Analysis By Type (Inventory Management, Delivery Systems, Freight Forwarding, and Others) and End User (Entertainment and Media, Sports, Corporate Events and Trade Fair, and Others)

Code: TIPRE00023336 | Pages: 104 | Industry: Automotive and Transportation | Date: Jun 2021
Covid

Market Introduction

Event logistics is one of the most vital elements in the event planning and management process. Strong logistics management is the major key in delivering the business results that are expected from the event. The adoption of event logistics services is evident in all the stages of the event planning process, from its inception to its completion. The steps and processes of event logistics comprise material planning, procurement, storage, distribution, tracking, management, retrofit, and disposal of all materials and assets required for the entire event platform. With the increase in the number of businesses across the US, there is a rise in the number of exhibitions and trade shows being physically organized, which would lead to the growth of US event logistics market.

With the growing digitalization, the use of mobile phones and artificial intelligence (AI) have been increased in several technologies across the country. These technologies are highly used in event logistics for better operational management. For instance, AI is used to pair attendees with exhibitors for more valuable and meaningful connections between qualified leads and suitable vendors. Similarly, the radio-frequency identification (RFID) and near-field communication (NFC) use radio waves to track attendees and enable other capabilities, such as cashless payments. When combined with attendee badges or other smart wearables, planners monitor attendee’s behavior. The mentioned new technologies help organizations detect fraud. The technology can also alert planners to the arrival of VIP speakers at check-in so they can meet and greet them personally.




Market Overview and Dynamics
              

The US event logistics market is expected to grow from US$ 6,969.8 million in 2021 to US$ 9,143.9 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2021 to 2028.

With the growing industries across the US, the events are also increasing day-by-day. To organize daily events, the event organizers need faster transport systems such as on-time delivery or just-in-time delivery, for a quick delivery of goods. Thus, the air freight services will help in faster transportation of goods with more safety. With the increasing demand for quick delivery, express shipping is trending nowadays. The express shipping option of air freight makes it valuable for coordinating time-sensitive shipments across the country. The small and mid-sized companies are highly benefited by air freight as it allows them to participate in several trade shows in an expeditious and effective manner. Third-party logistics can determine the most reliable and cost-effective means of using air freight options to transport deliveries. Further, due to the COVID-19 pandemic, there are travel restrictions across the globe. Hence, many airlines are converting their passenger aircrafts into air cargo shipping aircrafts. Thus, the demand for air freight services will also be high. Therefore, with the high preference for air freight services to other transportation modes, including road and sea, the demand air freight services will be higher.

Key Market Segments

The US event logistics market is bifurcated on the bases of type and end user. By type, the market is segmented into inventory management, delivery systems, freight forwarding, and others. In 2021, the freight forwarding segment accounted for a significant share in the market. Based on end user, the US event logistics market is segmented into entertainment & media, sports, corporate events & trade fair, and others. In 2021, the sports segment accounted for a significant share in the market.

Major Sources and Companies Listed

A few of the major primary and secondary sources referred to while preparing the report on the US event logistics market are company websites, annual reports, financial reports, national government documents, and statistical database. FedEx; DB Schenker; DHL International GmbH; XPO Logistics, Inc.; and United Parcel Service of America, Inc. are among the key players that were profiled during the market study. In addition, several other important market players were studied and analyzed during the course of this market research study to get a holistic view of the US event logistics market and its ecosystem.

Reasons to Buy Report

  • To understand the US event logistics market landscape and identify market segments that are most likely to guarantee a strong return
  • To comprehend the ever-changing competitive market landscape
  • To identify market segments with the most promising probable sales to efficiently plan mergers and acquisitions, and partnership deals in the market
  • To make knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the market
  • To obtain the market revenue forecast on the basis of various segments for 2020–2028

US Event Logistics Market Segmentation


US Event Logistics Market – by Type

  • Inventory Management
  • Delivery Systems
  • Freight Forwarding
  • Others

 

US Event Logistics Market – by End User

  • Entertainment and Media
  • Sports
  • Corporate Events and Trade Fair
  • Others

 

US Event Logistics Market – Companies Profiles

  • Kuehne Nagel International AG
  • CEVA LOGISTICS AG
  • DB Schenker
  • DHL International GmbH (Deutsche Post DHL Group)
  • FedEx Corporation
  • United Parcel Service of America, Inc.
  • XPO Logistics, Inc.
  • GEODIS
  • Rhenus Group
  • GEFCO Group
 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Event Logistics Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        US – PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Event Logistics – Market Dynamics

5.1         Market Drivers

5.1.1        Increase in Exhibitions and Trade Shows in US

5.1.2        Higher Demand of Air Freight Services

5.2         Market Restraint

5.2.1        High Cost of Operation and Competitive Pricing

5.3         Market Opportunity

5.3.1        Technological Advancements in Event Logistics

5.4         Future Trends

5.4.1        Enhanced Use of Fourth-Party Logistics Gives Boost to Event Logistics

5.5         Impact Analysis of Drivers and Restraints

6.           Event Logistics Market – US Analysis

6.1         Event logistics Market - US Overview

6.2         Event Logistics Market – Revenue and Forecast to 2028 (US$ Million)

6.3         Market Positioning – US Key Players

7.           Event Logistics Market Analysis – By Type

7.1         Overview

7.2         US Event Logistics Market Breakdown, by Type, 2020 and 2028

7.3         Inventory Management

7.3.1        Overview

7.3.2        Inventory Management Market Revenue and Forecast to 2028 (US$ Million)

7.4         Delivery Systems

7.4.1        Overview

7.4.2        Delivery Systems Market Revenue and Forecast to 2028 (US$ Million)

7.5         Freight Forwarding

7.5.1        Overview

7.5.2        Freight Forwarding Market Revenue and Forecast to 2028 (US$ Million)

7.6         Others

7.6.1        Overview

7.6.2        Others Market Revenue and Forecast to 2028 (US$ Million)

8.           Event Logistics Market Analysis – By End User

8.1         Overview

8.2         Event Logistics Market Breakdown, by End User, 2020 and 2028

8.3         Entertainment & Media

8.3.1        Overview

8.3.2        Entertainment & Media Market Revenue and Forecast to 2028 (US$ Million)

8.4         Sports

8.4.1        Overview

8.4.2        Sports Market Revenue and Forecast to 2028 (US$ Million)

8.5         Corporate Events & Trade Fair

8.5.1        Overview

8.5.2        Corporate Events & Trade Fair Market Revenue and Forecast to 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others Market Revenue and Forecast to 2028 (US$ Million)

9.           Impact OF COVID-19 Pandemic on US Event logistics Market

9.1         US: Impact assessment of COVID-19 Pandemic

10.        Industry Landscape

10.1      Overview

10.2      Market Initiative

11.        Company Profiles

11.1      Kuehne Nagel International AG

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2      CEVA LOGISTICS AG

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3      DB Schenker

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4      DHL International GmbH (Deutsche Post DHL Group)

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      FedEx Corporation

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6      United Parcel Service of America, Inc.

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

11.7      XPO Logistics, Inc.

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Products and Services

11.7.4     Financial Overview

11.7.5     SWOT Analysis

11.7.6     Key Developments

11.8      GEODIS

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Products and Services

11.8.4     Financial Overview

11.8.5     SWOT Analysis

11.8.6     Key Developments

11.9      Rhenus Group

11.9.1     Key Facts

11.9.2     Business Description

11.9.3     Products and Services

11.9.4     Financial Overview

11.9.5     SWOT Analysis

11.9.6     Key Developments

11.10   GEFCO Group

11.10.1  Key Facts

11.10.2  Business Description

11.10.3  Products and Services

11.10.4  Financial Overview

11.10.5  SWOT Analysis

11.10.6  Key Developments

12.        Appendix

12.1      About The Insight Partners

12.2      Glossary of Terms

 


LIST OF TABLES

Table 1.             Event logistics Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             Glossary of Term: Event logistics Market

 


LIST OF FIGURES

Figure 1.           Event logistics Market Segmentation

Figure 2.           The US Event logistics Market Overview

Figure 3.           Freight Forwarding Segment to Show Remarkable Traction During Forecast Period

Figure 4.           Sports Segment to Dominated the Market

Figure 5.           US – PEST Analysis

Figure 6.           Ecosystem Analysis

Figure 7.           Expert Opinion

Figure 8.           Event logistics Market Impact Analysis of Drivers and Restraints

Figure 9.           Event logistics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10.        US Event logistics Market Breakdown, by Type (2020 and 2028)

Figure 11.        Inventory Management Market Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Delivery Systems Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Freight Forwarding Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Others Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Event Logistics Market Breakdown, by End User (2020 and 2028)

Figure 16.        Entertainment & Media Market Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Sports Market Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Corporate Events & Trade Fair Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Others Market Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Impact of COVID-19 Pandemic in US Country Market

The List of Companies - US Event Logistics Market

  1. Kuehne + Nagel International AG
  2. Gefco
  3. Ceva logistics
  4. DB Schenker
  5. DHL International GmbH
  6. FedEx Corporation
  7. Rhenus SE & Co. KG
  8. United Parcel Service of America, Inc.
  9. XPO Logistics, Inc.
  10. Geodis
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the US event logistics market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the US event logistics market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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