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Event Promotion and Management Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Event Promotion and Management Services Market Research Report | ANZSIC N7299 | Nov 2014

Making a comeback: Revenue growth will return as market conditions improve

IBISWorld’s Event Promotion and Management Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 10-15
-0.5%
Annual Growth 15-20
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Profit
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Employment
26,140
Businesses
5,750
Industry Analysis & Industry Trends

The Event Promotion and Management Services industry has declined slowly over the past five years, having struggled in the aftermath of the global financial crisis. While economic conditions rebounded in 2009-10 with an uptick in business confidence and consumer sentiment, over the past five years, businesses have continued to rein in costs while consumers have continued to deleverage and save their money. Event attendance is typically non-essential, and the lack of discretionary spending was to the industry's detriment. Therefore, the industry underwent a slow but steady decline, with revenue forecast to fall by a compound annual 0.5% over the five years through 2014-15 to $3.9 billion. A similarly small revenue decline of 1.4% is forecast for the current year... purchase to read more

Industry Report - Industry Locations Chapter

The distribution of businesses within the Event Promotion and Management Services industry is similar to Australia's population distribution. The major exceptions to this rule occur in New South Wales and Western Australia. New South Wales is highly over-represented, which is largely due to its position as a major centre of business – most events made for an international stage are likely to be held in Sydney. In contrast, Western Australia is under-represented as event promotion and management businesses catch up with the state's population growth resulting from the mining boom... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Event Promotion and Management Services Industry?

The primary activities of industry participants are event management, event promotion and ticketing services. The industry also includes tourist information centre operations and fundraising on a commission or fee basis.

Industry Products
Event management servicesTicketing servicesEvent promotion servicesTourist information centre operationOther services
 
Industry Activities
Event managementSports ticketingSports, art and similar event promotion (without facilities)Theatre and concert bookingTourist information centre operationFundraising on commission or fee basis


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