The world's a stage: A weaker Australian dollar has supported tourism and industry demand

The Exhibition and Conference Centres industry organises and hosts events, such as conventions, for a variety of organisations. The industry has recorded strong revenue growth over the past five years due to positive business confidence and strong growth in business tourist visitor nights. Additionally, the number of businesses in the economy has risen, which has widened the industry's potential market and supported revenue growth. As a result of these positive trends, industry revenue is expected to grow at an annualised 2.9% over the five years through 2018-19, to $12.5 billion. This revenue growth includes an expected 1.4% rise in 2018-19 as growth in business tourist nights boosts industry more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Demand from international organisations and delegates have increased over the past five years
  • The industry has faced increased external competition over the past five years
  • Government expenditure is projected to drive demand for conventions and meeting spaces
  • Industry Report - Industry Investment Chapter

    The Exhibition and Conference Centres industry is highly capital-intensive, as the cost of buildings and structures represents depreciation expenses. Industry companies generate revenue from hosting events at exhibition and conference centres, which require high capital investment. For every dollar spent on labour in 2018-19, an estimated $0.49 is spent on capital in the industry. Buildings and structures are high-value assets that contribute significantly to depreciation costs. Capital requirements also include the cost of fitting out venues and buying equipment, such as audio-visual technology. Large convention centre operators typically have higher depreciation costs because they own their buildings and equipment...purchase to read more.

    Additional Insights for the Exhibition and Conference Centres Industry

    IBISWorld has determined the most important Key Success Factors for the Exhibition and Conference Centres are:

  • Proximity to transport
  • Access to the latest available and most efficient technology and techniques
  • Optimum capacity utilisation
  • IBISWorld analysts also discuss how external factors such as Business confidence index and Business tourist visitor nights in the Exhibition and Conference Centres industry impact industry performance..

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    What's in this report

    What is the Exhibition and Conference Centres Industry?

    Industry companies organise and host exhibitions and conferences. Event organisers and venue operators generate revenue through venue hire, registration fees, food and beverage sales, and accommodation.

    Industry Products
  • Food and beverages
  • Venue hire
  • Accommodation
  • Other services
  • Industry Activities
  • Hosting exhibitions
  • Hosting conferences
  • Organising exhibitions
  • Organising conferences
  • Exhibition and conference centre operations
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Business confidence index
  • Business tourist visitor nights
  • Number of businesses
  • Demand from industry associations
  • Trade-weighted index

  • Current Performance
  • Industry growth drivers
  • International demand
  • Competition
  • Profit recovery
  • Chart: Revenue Growth

  • Industry Outlook
  • Future demand growth
  • Increasing competition
  • Table: Exhibition and Conference Centres Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Exhibition and Conference Centres Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Professional, Scientific and Technical Services
  • Industry Associations
  • Professional Services
  • Consumers

  • Key Selling Industries
  • Catering Services
  • Computer System Design Services
  • Hotels and Resorts
  • Investigation and Security Services

  • Products & Services
  • Venue hire
  • Food and beverages
  • Accommodation
  • Other services
  • Chart: Exhibition and Conference Centres Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Corporations
  • Industry associations
  • Governments
  • General public and students
  • Chart: Major Market Segmentation for the Exhibition and Conference Centres Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Exhibition and Conference Centres

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Exhibition and Conference Centres Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Exhibition and Conference Centres Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Exhibition and Conference Centres Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A conference can be a small business gathering or a larger gathering with international visitors, such as a convention. Larger conferences may have exhibitors.
  • Exhibitions
  • Exhibitions are generally held by companies to advertise and promote their products, such as in trade shows.
  • Positive Externalities
  • Refers to the economic stimulus that a city or state receives from holding an event. This stimulus includes spending by international delegates and the income generated for industry workers.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Exhibition and Conference Centres market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Exhibition and Conference Centres:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Exhibition and Conference Centres market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Exhibition and Conference Centres, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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