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Global Hospitality Event Service Industry 2015-2020 - Trends Forecast and Opportunity Analysis

Global Hospitality Event Service Industry 2015-2020 - Trends Forecast and Opportunity Analysis

According to a new market report published by Lucintel, the future of global hospitality eventservice industry looks promising with opportunities in the baggage handling service, cateringservice, and security check service segments. The global hospitality event service industry isforecast to grow at a CAGR of 5.4% from 2015 to 2020. The major drivers of growth for thismarket are improvement in the global economy, rise in consumer spending, an increase in traveland tourism, and growth in air passenger traffic. Adoption of the open skies policy, increasingpenetration of low-cost carriers, and rising number of international tourist arrivals are additionalfactors contributing to accelerated market growth.

In this market, retail and duty-free shops, baggage handling services, and passenger parkingfields are some of the major segments of hospitality event services. The largest segment is retailand duty-free shops, which is expected to remain the same during the forecast period. Lucintelpredicts that the demand for baggage handling services will experience the highest growth in theforecast period, supported by increasing expansion strategies by industry players in the MiddleEast and China. On the basis of its comprehensive research, Lucintel forecasts that cateringservices and retail and duty-free shops will show above average growth during the forecastperiod.

Within the hospitality event service industry, the retail and duty-free shops segment is expected toremain as the largest market. An increase in passenger spending along with new initiatives takenby service providers, like development of online retail channel, is expected to spur growth for thissegment over the forecast period.Asia Pacific (APAC) is expected to remain the largest market due to the high number of airtravelers coupled with an increase in the government’ spending plans in both China and India.North America and Europe are expected to witness significant growth over the forecast periodbecause of increasing consumer spending, passenger traffic, and external trade.

For market expansion, the report suggests innovation and new service development, where theunique characteristics of hospitality event services can be capitalized. The report further suggeststhe development of partnerships with customers to create win-win situations and the developmentof low-cost services for customers.

The emerging trends, which have a direct impact on the dynamics of the industry, are theintroduction of new baggage management application to improve customer service, increasinguse of smartphone apps, hybrid check-in system, and increasing trends towards Airport PublicPrivate Participations (PPPs) in emerging markets. Aeroports de Paris SA, Alpha Flight GroupLimited, Fraport AG Frankfurt Airport Srvc Wrldwd, Japan Airport Terminal Co. Ltd., and SATSLtd. are the major service providers in the global hospitality event service industry. Somecompanies are opting for joint venture and M&A as strategic initiatives for driving growth.opportunities in global hospitality event service industry by segment and region, and has come upwith a comprehensive research report entitled “Growth Opportunities in Global HospitalityEvent Service Industry 2015-2020: Trend, Forecast, and Market Analysis.” This Lucintelreport serves as a spring board for growth strategy as it provides a comprehensive data andanalysis on trends, key drivers, and directions. The study includes forecast for hospitality eventservice industry through 2020 by segment and region as follows:

By Segment ($ Billion from 2009 to 2020)-

  • Retail and Duty-Free Shops
  • Baggage Handling Services
  • Passenger Parking Fields
  • Special Passenger Care
  • Security Check Services
  • Training
  • Catering Services
By region ($B for 2009 – 2020):
  • North America
  • Europe
  • Asia Pacific
  • Rest of World
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in thismarket. This report will save hundreds of hours of your own personal research time and willsignificantly benefit you in expanding your business in this market. In today’s stringent economy,you need every advantage that you can find.

Features of This Report:

To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinationalmaterials suppliers, product manufacturers, investors, executives, distributors, and many morethat operate in this market.

Some of the features of “Growth Opportunities in Global Hospitality Event Service Industry 2015-2020: Trends, Forecast, and Market Analysis” include:
  • Market size estimates: Global hospitality event service industry size estimation ($B).
  • Trend and forecast analysis: Global hospitality event service industry trend (2009-2014) and forecast (2015-2020) by region and by segment.
  • Segmentation analysis: Global hospitality event service industry size by various service type such as catering services, retail & duty free shops, baggage handling services, passenger parking fields, special passenger care, security check and training.
  • Regional analysis: Global hospitality event service industry breakdown by key regions such as North America, Europe, Asia Pacific, and Rest of World.
  • Growth opportunities: Analysis on growth opportunities in different segments and regions.
  • Strategic analysis: This includes M&A, new services development, competitive landscape, and expansion strategies of global hospitality event service suppliers.
  • Emerging applications: Emerging applications of global hospitality event service in various segments.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.


1. Executive Summary
2. Hospitality Event Service Industry Background and Classifications
2.1: Introduction
2.1.1: Industry Classification
2.1.2: Supply Chain
3. Industry Trend and Forecast Analysis
3.1: Industry Analysis 2014
3.1.1: Global Hospitality Event Service Industry by Tier-II Level
3.1.2: Regional Hospitality Event Service Industry
3.1.3: Global Hospitality Event Service Industry by Country
3.2: Industry Trend 2009-2014
3.2.1: Macroeconomic Trends
3.2.2: Global Hospitality Event Service Industry
3.2.3: North American Hospitality Event Service Industry Trend
3.2.4: European Hospitality Event Service Industry Trend
3.2.5: APAC Hospitality Event Service Industry Trend
3.2.6: ROW Hospitality Event Service Industry Trend
3.3: Industry Drivers and Challenges
3.4: Industry Forecast 2015–2020
3.4.1: Macroeconomic Forecasts
3.4.2: Global Hospitality Event Service Industry Forecast
3.4.3: North American Hospitality Event Service Industry Forecast
3.4.4: European Hospitality Event Service Industry Forecast
3.4.5: APAC Hospitality Event Service Industry Forecast
3.4.6: ROW Hospitality Event Service Industry Forecast
4. Competitor’s Analysis
4.1: Services Portfolio Analysis
4.2: Market Share Analysis
4.3: Growth Leadership Analysis
4.4: Porter’s Five Forces Analysis Model
5. Growth Opportunity & Strategic Analysis
5.1: Growth Opportunities for Global Hospitality Event Service Industry by Region
5.2: Emerging Trends in Global Hospitality Event Service Industry
5.3: Strategic Analysis
5.3.1: New Service Development
5.3.2: Expansion Strategy
5.4: Growth Strategies for Hospitality Event Service Providers
5.4.1: Opportunities for Hospitality Event Service across the Globe
5.5: Mergers and Acquisitions in Global Hospitality Service Industry
6. Company Profiles of Leading Players
List of Figures
Chapter 2. Hospitality Event Service Industry Background and Classifications
Figure 2.1: Process at Airport
Figure 2.2: Check-in Process
Figure 2.3: Security Process
Figure 2.4: Baggage Claim Area
Figure 2.5: Classification of Global Hospitality Event Service Industry by Tier-II Level
Figure 2.6: Catering Services Segment
Figure 2.7: Special Passenger Care Segment
Figure 2.8: Passenger Parking Field Segment
Figure 2.9: Retail and Duty Free Shops Segment
Figure 2.10: Training Segment
Figure 2.11: Security Check Segment
Figure 2.12: Baggage Handling Segment
Figure 2.13 Supply Chain of Global Hospitality Event Service Industry
Chapter 3. Industry Trend and Forecast Analysis
Figure 3.1: Global Hospitality Event Service Industry (%) by Tier-II Level in 2014
Figure 3.2: Global Hospitality Event Service Industry ($ Billion) by Tier-II Level in 2014
Figure 3.3: Global Hospitality Event Service Industry (%) Distribution by Region in 2014
Figure 3.4: Global GDP Growth Rate Trend
Figure 3.5: Global Inflation Rate Trend
Figure 3.6: Global Air Passenger Traffic Growth Rate Trend
Figure 3.7: Regional GDP Growth Rate Trend
Figure 3.8: Regional Inflation Rate Trend
Figure 3.9: Trend of Regional Per Capita Income
Figure 3.10: Global Hospitality Event Service Industry Growth Trend from 2009 to 2014
Figure 3.11: Global Hospitality Event Service Industry Trend by Tier-II Level from 2009 to 2014
Figure 3.12: CAGR of Global Hospitality Event Service Industry by Tier-II Level from 2009 to 2014
Figure 3.13: Growth of Global Hospitality Event Service Industry by Tier-II Level from 2013 to 2014
Figure 3.14: North American Hospitality Event Service Industry Trend from 2009 to 2014
Figure 3.15: European Hospitality Event Service Industry Trend from 2009 to 2014
Figure 3.16: APAC Hospitality Event Service Industry Trend from 2009 to 2014
Figure 3.17: ROW Hospitality Event Service Industry Trend from 2009 to 2014
Figure 3.18: Drivers and Challenges of Global Hospitality Event Service Industry
Figure 3.19: Global GDP Growth Rate Forecast
Figure 3.20: Global Inflation Rate Forecast
Figure 3.21: Regional GDP Growth Rate Forecast
Figure 3.22: Regional Inflation Rate Forecast
Figure 3.23: Global and Regional Per Capita Income Forecast
Figure 3.24: Global Hospitality Event Service Industry Forecast from 2015 to 2020
Figure 3.25: Global Hospitality Event Service Industry Forecast by Tier-II Level from 2015 to 2020
Figure 3.26: CAGR of Global Hospitality Event Service Industry by Tier-II Level from 2015 to 2020
Figure 3.27: Growth of Global Hospitality Event Service Industry by Tier-II Level from 2014 to 2015
Figure 3.28: North American Hospitality Event Service Industry Forecast from 2015 to 2020
Figure 3.29: European Hospitality Event Service Industry Forecast from 2015 to 2020
Figure 3.30: APAC Hospitality Event Service Industry Forecast from 2015 to 2020
Figure 3.31: ROW Hospitality Event Service Industry Forecast from 2015 to 2020
Chapter 4. Competitor’s Analysis
Figure 4.1: Industry Presence of Major Players of Global Hospitality Event Service Industry
Figure 4.2: Global Hospitality Event Service Industry Market Share Analysis in 2014
Figure 4.3: Hospitality Event Service Concentration by Market Value in 2014
Figure 4.4: Growth Leadership Matrix in Global Hospitality Event Service Industry
Figure 4.5: Porter’s Five Forces Market Analysis Model for Global Hospitality Event Service Industry
Chapter 5.Growth Opportunity & Strategic Analysis
Figure 5.1: Growth Opportunities of Global Hospitality Event Service Industry by Region
Figure 5.2: Emerging Trends in Global Hospitality Event Service Industry
Figure 5.3: Major Capacity Expansion of Global Hospitality Event Service Industry by Major Player
Figure 5.4: Growth Strategies for Hospitality Event Service Suppliers
Figure 5.5: Hospitality Service Opportunities across the Globe
List of Tables
Chapter 1.Executive Summary
Table 1.1: Global Hospitality Event Service Industry Parameters and Attributes
Chapter 3. Industry Trend and Forecast Analysis
Table 3.1: Ranking of Top 15 Countries of the World in Terms of Number of Airports
Table 3.2: Industry Trends from 2009 to 2014 in Global Hospitality Event Service Industry ($ Billion)
Table 3.3: Average Growth Rates for One, Three, and Five Years in Global Hospitality Event Service Industry
Table 3.4: Industry Size and Annual Growth Rates from 2013 to 2014 for Global Hospitality Event Service Industry by Tier-II Level
Table 3.5: Industry Size and Annual Growth Rates during Last Five Years from 2009 to 2014 of Global Hospitality Event Service Industry by Tier-II Level
Table 3.6: Industry Trend from 2009 to 2014 in North American Hospitality Event Service Industry ($ Billion)
Table 3.7: Average Growth Rates for One, Three, and Five Years in North American Hospitality Event Service Industry
Table 3.8: Industry Trend from 2009 to 2014 in European Hospitality Event Service Industry ($ Billion)
Table 3.9: Average Growth Rates for One, Three, and Five Years in European Hospitality Event Service Industry
Table 3.10: Industry Trends from 2009 to 2014 in APAC Hospitality Event Service Industry ($ Billion)
Table 3.11: Average Growth Rates for One, Three, and Five Years in APAC Hospitality Event Service Industry
Table 3.12: Industry Trends from 2009 to 2014 in ROW Hospitality Event Service Industry($ Billion)
Table 3.13: Average Growth Rates for One, Three, and Five Years in ROW Hospitality Event Service Industry
Table 3.14: Industry Forecast from 2015 to 2020 in Global Hospitality Event Service Industry ($ Billion)
Table 3.15: Average Growth Rates for One, Three, and Five Years in Global Hospitality Event Service Industry
Table 3.16: Industry Size and from 2014 to 2015 Growth Rates of Tier-II Level in Global Hospitality Event Service Industry
Table 3.17: Industry Size and Annual Growth Rates during Next Five Years from 2015 to 2020 for Global Hospitality Event Service Industry by Tier-II Level
Table 3.18: Industry Forecast from 2015 to 2020 in North American Hospitality Event Service Industry ($ Billion)
Table 3.19: Average Growth Rates for One, Three, and Five Years in North American Hospitality Event Service Industry
Table 3.20: Industry Forecast from 2015 to 2020 in European Hospitality Event Service Industry ($ Billion)
Table 3.21: Average Growth Rates for One, Three, and Five Years in European Hospitality Event Service Industry
Table 3.22: Industry Forecast from 2015 to 2020 in APAC Hospitality Event Service Industry ($ Billion)
Table 3.23: Average Growth Rates for One, Three, and Five Years in APAC Hospitality Event Service Industry
Table 3.24: Industry Forecast from 2015 to 2020 in ROW Hospitality Event Service Industry ($ Billion)
Table 3.25: Average Growth Rates for One, Three, and Five Years in ROW Hospitality Event Service Industry
Chapter 4.Competitor’s Analysis
Table 4.1: Global Market Share of Hospitality Event Service Providers in 2014
Chapter 5.Growth Opportunity & Strategic Analysis
Table 5.1: New Services Introduced by Global Hospitality Event Service Providers

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