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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 | Sep 2013

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
$6bn
Annual Growth 08-13
-0.7%
Annual Growth 13-18
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Profit
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Employment
352,699
Businesses
335,044
Industry Analysis & Industry Trends

The Party and Event Planners industry is highly fragmented, with the majority of party and events planners controlling less than 1% of the market. Since the industry largely provides a discretionary service, 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 can expect to roar back to life with the improving economy in the five years to 2017.... 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 industry firms 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 industry barriers to entry allow a large number of firms to operate in the industry. IBISWorld estimates that about 335,044 companies operate in the industry in 2013, up from about 310,687 companies in 2008, despite the recession contracting industry demand over the same period... 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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