The China event services market is experiencing significant growth due to increased business activities, including conferences, brand promotions, and employee training. The tourism, hospitality, and IT sectors are likely to majorly contribute towards this growth. Factors such as growing business travel industry, lifestyle changes among business travelers, urbanization, and increased disposable incomes among the consumers further drive the demand for event service providers. The adoption of technological innovation in the industry that can enable the smooth execution of the events with limited resources further drives China events services industry growth in the near future.
The market is likely to gain high traction amidst the backdrop of increasing demand for specialized services such gastronomy events, film festivals, wellness events, corporate events amongst others. The industry is adapting to cater towards changing client preferences for online and hybrid events by use of virtual or digital event platforms and technology.
The market is highly fragmented, with players providing niche services and adopting strategies like acquisitions, mergers, partnerships, and new solution launches to capture untapped opportunities. There is a rising demand from marketers for enhancing customer engagement through experiential marketing events by creating immersive and memorable experiences. As event designs become more complex, the demand for specialized services and value-added services such as virtual event enablers, audio-visual enhancements, and tailored event solutions to witness increased adoption
The China event services market is segmented into Service, Event Type, End User and Organization. On the basis of service, the market is fragmented into strategy, planning, budget & development; communication & logistics; attendees management & engagement; event catering; virtual or hybrid event enabler; location rental; and others. As per the event type, it is segregated into music concert, festivals, sports, exhibitions & conferences, corporate events & seminar, and others. By end user, it is categorized into corporate, sports, education, entertainment, and others. According to organization, it is classified into small & medium enterprises, large enterprises, and government bodies & NGOs.
The major players profiled in the report are CITS (China International Travel Service Corporation), C-Trip (China’s largest travel agency), Alibaba (B2B and B2C e-commerce platforms), Tencent (China’s internet behemoth), Hangzhou Xinge Communication Technology Co., Beijing Universal Event Service Co., Beijing China Star Int’l Confirmation Co., Beijing Beijing Beijing Star Arts Event Co., Guangzhou Huifeng Exhibition Service Co., Shanghai Shenglong Arts and Cultural Ltd.
Key Benefits for Stakeholders
- Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in China event services market.
- Assess and rank the top factors that are expected to affect the growth of China event services market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the China event services market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
China Event Services Market Report Highlights
| Aspects | Details |
 Forecast period | 2021 - 2031 |
 Report Pages | 81 |
 By Service |
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 By Event Type |
|
 By End User |
|
 By Organization |
|
 Key Market Players | Alibaba (B2B and B2C e-commerce platforms), Beijing Beijing Beijing Star Arts Event Co., Shanghai Shenglong Arts and Cultural Ltd., C-Trip (China’s largest travel agency), Beijing China Star Int’l Confirmation Co., CITS (China International Travel Service Corporation), Guangzhou Huifeng Exhibition Service Co., Hangzhou Xinge Communication Technology Co., Tencent (China’s internet behemoth), Beijing Universal Event Service Co. |
The China Event Services Market is projected to grow at a CAGR of 8.9% from 2021 to 2031
CITS (China International Travel Service Corporation), C-Trip (China’s largest travel agency), Alibaba (B2B and B2C e-commerce platforms), Tencent (China’s internet behemoth), Hangzhou Xinge Communication Technology Co., Beijing Universal Event Service Co., Beijing China Star Int’l Confirmation Co., Beijing Beijing Beijing Star Arts Event Co., Guangzhou Huifeng Exhibition Service Co., Shanghai Shenglong Arts and Cultural Ltd. are the leading players in China Event Services Market
1. Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
2. Analyze the key strategies adopted by major market players in china event services market.
3. Assess and rank the top factors that are expected to affect the growth of china event services market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the china event services market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
China Event Services Market is classified as by service, by event type, by end user, by organization
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