Press release
Event Logistics Market Size, Share & Global Insights 2022-2030
The North America event logistics market was valued at US$ 18,953.99 million in 2023 and is expected to reach US$ 28,838.27 million by 2031; it is estimated to register a CAGR of 5.4% from 2023 to 2031.The need for proper transport and logistics services has been rising owing to population growth worldwide. Many countries are shifting to green logistics and services to reduce the environmental impacts of conventional logistics. Sustainable and environment-friendly logistics services highlight lowering emissions by utilizing clean energy sources, such as wind and solar, to power fleet vehicles. As the world is already facing high air pollution levels, especially in major countries such as US, Canada, Saudi Arabia, UAE, Germany, France, China, and India, this sustainable approach is significantly beneficial. By shifting to green transport and logistics for efficient event management, companies are anticipated to take various measures to reduce these emissions. Many large and medium-sized organizations are opting for initiatives to optimize their business processes to reduce carbon footprints. According to the US Environmental Protection Agency, (EPA), the transportation and logistics sectors are among the major contributors to carbon emissions, accounting for ~29% of the total GHG emissions in 2022.
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Historically, the engineering of pallets and packing technologies has prioritized economic effectiveness and secure shipping over sustainability; however, many event logistics providers are now rapidly moving to eco-friendly packaging to reduce their environmental impact. As recycled waste is utilized in the creation of eco-friendly packaging, fewer harmful resources are leveraged, which lowers overall carbon emissions. Logistic providers such as Borderline help reduce carbon emissions during freight forwarding by raising the fill rate per transport unit per tank of fuel, using higher-capacity vehicles, and performing routine maintenance of transport vehicles. Thus, the increasing adoption of sustainable solutions that focus on reducing carbon footprints aligns with organizations' business strategy, which is anticipated to create lucrative opportunities for the North America event logistics market growth during the forecast period.
MARKET INTRODUCTION
orth America event logistics market has been categorized into the US, Canada and Mexico. The US accounted for majority of the share in the North America event logistics market, followed by Canada and Mexico in 2024. Some of the major companies that operate in North America are Event Logistics Inc, Kuehne+Nagel, Gefco, Ceva Logistics, DB Schenker, and DHL International GmbH. These companies are constantly working to understand the market demands and cater to the different requirements of their respective customers to remain competitive in the highly competitive market for event logistics. Further, the majority of the demand for event logistics in the North America region is mainly driven by the corporate events/trade fairs, sports events including rugby/basketball/soccer/baseball etc.
Market Plyers :
• C H Robinson Worldwide Inc
• CEVA Logistics AG
• DB Schenker
• Deutsche Post AG
• DSV AS
• FedEx Corp
• GEODIS SA
• Kuehne + Nagel International AG
• United Parcel Service Inc
• XPO Inc
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Key Segmentation:
Deployment Mode (Cloud Based and On-Premise),
The Event LogisticsMarket is categorized into type, application, and country.
• Based on type, the Event LogisticsMarket is segmented into pellets, blocks, and others. The blocks segment held the largest market share in 2022.
• In terms of application, the Event LogisticsMarket is segmented into food and beverage, storage and transportation, healthcare, industrial applications, and others. The storage and transportation held the largest market share in 2022.
• By country, the Event LogisticsMarket is segmented into the US, Canada, and Mexico. The US dominated the Event LogisticsMarket share in 2022.
North America Event Logistics Market, in 2031 The growth of the segment is primarily attributed to the increase in need for maintenance and repair activities in order to make sure its internal and external parts are in good condition and to maintain a record of its condition. Based on application, the power transformers segment held the largest share of the North America transformer services market. The rise in energy demand, increase in renewable power generation, growing initiatives for smart cities & urbanization are the key factors responsible for the demand of power transformer. Thus, such factors are driving the North America transformer services market growth.
Table of Contents
Based on material, the North America Event Logistics Market is segmented into FRP/composites, metal/alloys, and others. The metal/alloys segment held the largest share of the North America transformer services market in 2031.
Based on size, the North America Event Logistics Market is segmented into 75-120 feet, 121-250 feet, and Above 250 feet. The 121-250 feet segment held the largest share of the North America transformer services market in 2022.
Based on country, the North America transformer services market is segmented into France, Germany, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe dominated the share of the North America transformer services market in 2022.
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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