In 2023, the number of enterprises in the UK’s organization of conventions and trade fairs sector stood at approximately 4.19 thousand. Forecasted data from 2024 onward suggests a steady upward trend with a year-on-year growth hovering around 1-1.2%. Specifically, between 2024 and 2028, the enterprise count is expected to rise consistently, culminating in a total of 4.4 thousand enterprises by 2028. This consistent growth reflects a compound annual growth rate (CAGR) of about 1%.
Future trends to monitor include the impact of digital transformation on virtual conventions, evolving consumer behavior towards in-person events post-pandemic, and the influence of international trade relations on global trade fairs.
