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Exhibition and Conference Centres in Australia - Industry Market Research Report

Publisher IBISWorld
Published Jun 03, 2024
Length 68 Pages
SKU # IBSS18859803

Description

Exhibition and Conference Centres in Australia - Industry Market Research Report


Exhibition and Conference Centres in Australia

Industry revenue has crashed as client and consumer behaviours shift. Exhibition and conference centre operators rely on business tourists, with the falling number of business tourist visitor nights squeezing the industry's potential market and dampening revenue growth. The COVID-19 pandemic resulted in many events, conferences and exhibitions being cancelled, greatly reducing industry demand and revenue in the years to 2021-22. As a result, industry revenue is expected to drift downwards at 2.6% annualised over the five years through 2023-24 to $13.7 billion. This trend includes an expected uptick of 0.2% in the current year as the industry gradually returns to pre-COVID-19 operating conditions and benefits from pent-up demand for face-to-face events.

Operators in the industry include exhibition and conference centres that host a range of events, exhibitions and conferences and companies that organise these types of events. Event organisers and venue operators generate revenue through venue hire, registration fees, food and beverage sales and accommodation.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

68 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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