The turnover for the organization of conventions and trade fairs in Germany is forecasted to experience a growth from €9.56 billion in 2024 to €10.69 billion in 2028. The projections show an upward trajectory with year-on-year increases around 2.9% to 2.8% range. In terms of compound annual growth rate (CAGR), this suggests an average annual growth of approximately 2.8% over the five-year forecast period. In comparison, the turnover in 2023 stood at €9.27 billion, which indicates sustained growth within the sector.
Future trends to watch include increased digitalization in event management and a focus on hybrid models combining virtual and in-person experiences. Additionally, sustainability practices will be crucial as environmental concerns continue to shape industry standards.
