The exhibition organizing market will register a CAGR of almost 8% by 2023

25/03/2019 16:10

Source: PR News

NEW YORK, March 25, 2019 /PRNewswire/ -- About this market
The increased number of business travelers is one of the key factors driving the growth of the global exhibition organizing market. The business expansion by companies across the world is leading to an increase in business trips, which will drive the growth of the market. The number of business travelers is increasing because of the introduction of low-cost air travel and hotel accommodation. Moreover, several benefits for participants such as exploring new areas and meeting new people will further propel the growth of the global exhibition organizing market. Analysts have predicted that the exhibition organizing market will register a CAGR of almost 8% by 2023.

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Market Overview
Increased demand for trade fairs leading to vendors facility expansion
One of the growth drivers of the global exhibition organizing market is the increased demand for trade fairs leading to vendors facility expansion. The growing demand for exhibitions and trade fairs has led to an increase in the number of venues and the capacity expansion of the existing venue, which will fuel the growth of the market during the forecast period.
Travel fatigue among business travelers
One of the challenges in the growth of the global exhibition organizing market is travel fatigue among business travelers. The rising instance of travel fatigue among professional travelers has restricted the number of visitors attending exhibitions.
For the detailed list of factors that will drive and challenge the growth of the exhibition organizing market during 2019-2023, view our report.

Competitive Landscape
The market appears to be highly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Read the full report: https://www.reportlinker.com/p05760310/?utm_source=PRN

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