In 2023, the wages and salaries of organizations involved in conventions and trade fairs in Germany were estimated at just below 1.8 billion euros. From 2024 onward, a steady upward trend is projected with an increase from 1.84 billion euros in 2024 to 2.08 billion euros by 2028. This represents a consistent annual growth, reflecting a compound annual growth rate (CAGR) of approximately 3.08% over the five-year period through 2028.
Future trends to watch for:
- Impact of digital transformation on employment dynamics within the sector.
- Influence of global economic fluctuations on wage growth.
- Potential shifts in trade fair participation due to evolving industry standards and preferences.