The event catering sector in Belgium exhibited significant fluctuations over the years. The number of employees peaked in 2019 but saw a sharp decline in 2020 due to the impact of the global pandemic, recovering progressively afterward. In 2023, the sector stood at 8.82 thousand employees, achieving a near-full recovery to pre-pandemic levels.
Key trends observed include:
- From 2013-2019, annual growth rates varied but showed an overall upward trend, peaking at a 5.03% increase in 2019.
- The pandemic induced a sharp contraction in 2020 with a year-on-year decline of 30.82%.
- Post-pandemic recovery has been robust with an 18.59% increase in 2021 and continuous growth through 2023 (6.9%).
- The five-year CAGR prior to 2024 stands at 0.49%.
Looking ahead:
- Forecasts suggest moderate growth in employment with a 5-year CAGR of 0.23% from 2024 to 2028.
- The sector will potentially expand to 8.95 thousand employees by 2028, suggesting stabilization and modest growth.
Future Trends to Watch For:
- Continued recovery and stabilization post-pandemic, influenced by changes in event formats, increased digital adoption, and compliance with health regulations.
- Technological innovations and sustainability practices in catering services may drive future employment trends.