The event catering sector in Germany has experienced significant variation over the past decade. From 2013 to 2019, turnover grew steadily, reaching 3.95 billion Euros in 2019. The sector saw a sharp decline in 2020 due to the COVID-19 pandemic, dropping to 2.13 billion Euros. Recovery began in 2021, with turnover rebounding to 3.29 billion Euros and continuing to grow to 4.88 billion Euros in 2023.
The year-on-year variation indicated strong growth rates between 2013 and 2019, averaging around 18-31%. The pandemic caused a notable disruption, but the sector bounced back with significant growth rates of 53.92% in 2021 and 26.48% in 2022. Current forecasts show a moderated yet positive growth trend with the CAGR from 2024 to 2028 projected at 4.28%, leading to an estimated turnover of 6.4 billion Euros in 2028.
Future trends to watch for include the impact of potential economic fluctuations, changes in consumer behavior regarding event planning, and advancements in catering technology. Sustainability practices and personalized services are expected to drive market evolution.
