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Party & Event Planners in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Party & Event Planners Market Research Report | Consumer Goods & Services | Personal Services | Dec 2014

Party on: The industry will benefit from climbing corporate profit and per capita disposable income

IBISWorld’s Party & Event Planners market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 09-14
2.5%
Annual Growth 14-19
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Profit
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Employment
192,834
Businesses
179,944
Industry Analysis & Industry Trends

The Party and Event Planners industry largely provides a discretionary service; therefore, it is mainly driven by corporate profit, per capita disposable income and the unemployment rate. The recession hit the industry hard, with many corporations and consumers holding fewer, smaller events. However, the industry bounced back in the years that followed, and this recovery is expected to persist in the five years to 2019, bolstered by strengthening corporate profit and increasing discretionary income.... purchase to read more

Industry Report - Industry Locations Chapter

The regions that have the greatest concentration of party and event planning companies include the Southeast, the West, the Great Lakes and the Mid-Atlantic. This distribution generally follows the population the number of households, population density and income median income levels by region. Furthermore, larger industry operators tend to locate near major metropolitan areas, which generate a steady stream of demand for corporate events.

Southeast

The Southeast region has the greatest concentration of industry establishments, estimated at 31.9% of the total in 2014. The Southeast is the most populated region of the United States; therefore, given the high proportion of households, there is a greater demand for social event planners and corporate event planners... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Party & Event Planners Industry?

This industry comprises companies and individuals that organize social events such as parties, weddings and other social gatherings. The Party & Event Planners industry does not include companies that organize conventions and trade shows.

Industry Products
WeddingsBirthday partiesCorporate social events
 
Industry Activities
Organizing corporate fundraisersOrganizing corporate holiday partiesOrganizing weddingsOrganizing birthday parties


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