US Event Logistics Market

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.

US Event Logistics Strategic Insights

Strategic insights for the US Event Logistics provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

US Event Logistics Report Scope

US Event Logistics Regional Insights

The geographic scope of the US Event Logistics refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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