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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 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.

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 Key Buyers Chapter

The Party and Event Planners industry has a low level of concentration with the top four industry companies accounting for less than 5.0% of total industry revenue. The majority of event planners operate on a highly localized and niche market basis because diversified and changing consumer tastes force industry operators to adapt their service offerings, which limits their geographic expansion. In addition, low barriers to entry allow a large number of enter or exit the industry fluidly. IBISWorld estimates that about 179,944 companies operate in the industry in 2014, up from about 162,863 companies in 2009. A significant number of these companies operate as nonemployers or with a high percentage of part-time or seasonal staff... 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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