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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402605
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402605
India Meetings, Incentives, Conferences and Exhibitions Market, By Event Type, By Organization Size, By Revenue Source, By End Use Industry, By Destination Type
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PAGES: 170 Pages
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The India meetings, incentives, conferences and exhibitions market size is estimated to be valued at US$ 3.30 Bn in 2023 and is expected to reach US$ 10.52 Bn by 2030, exhibiting a compound annual growth rate (CAGR) of 18% from 2023 to 2030.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 3.30 Bn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 18.00% | 2030 Value Projection: | US$ 10.52 Bn |
Figure 1. India Meetings, Incentives, Conferences and Exhibitions Market Share (%), By Region, 2023
India meetings, incentives, conferences, and exhibitions (MICE) market has experienced significant growth in recent years. MICE tourism refers to the organization and the hosting of various events, conferences, trade shows, and exhibitions. India, with its rich cultural heritage and diverse destinations, has emerged as an attractive MICE destination globally.
India offers a wide range of options, from vibrant cities like Delhi, Mumbai, and Bangalore to picturesque destinations like Jaipur, Kerala, and Goa. The country's world-class infrastructure, with top-notch convention centers, hotels, and transportation facilities, has further bolstered its position as a preferred MICE destination.
Market Dynamics:
India meetings, incentives, conferences, and exhibitions market is primarily driven by a combination of factors, including increasing corporate travel, government initiatives to promote tourism, growing investments in the hospitality sector, and the emergence of new MICE destinations. The market also benefits from India's strategic location, thus making it easily accessible from major global cities.
However, there are certain challenges that need to be addressed for sustained growth. These include intense competition from other MICE destinations, infrastructure constraints in some regions, fluctuating exchange rates, and the impact of geopolitical conflicts on international travel.
Despite these challenges, India MICE market offers several opportunities for growth. The rise of technology-enabled event management solutions, growing demand for experiential events, and the integration of sustainability practices in the MICE sector present avenues for innovation and expansion. Government initiatives to promote niche segments like medical tourism and eco-tourism are expected to drive further market growth.
Key Features of the Study:
- This report provides a comprehensive analysis of the India meetings, incentives, conferences, and exhibitions (MICE) market, including market size (in US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), with the base year being 2022
- The study identifies potential revenue opportunities across different segments and presents attractive investment proposition matrices for the market
- It offers key insights into market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- The report profiles key players in the India meetings, incentives, conferences, and exhibitions (MICE) market, highlighting their company profiles, product portfolios, financial performance, and strategies
- The study includes prominent market players such as Tamarind Global, Cox & Kings, SOTC, Thomas Cook, Kuoni India, ITDC, Ferns N Petals, Wedniksha, Red Fox Hotel, Le Passage to India, Blank Canvas, Envent Worldwide, Orange County Resorts & Hotels, The Park Hotels, The Leela Palaces, Hotels and Resorts, ITC Hotels, Marriott International, Radisson Hotel Group, Hyatt Hotels Corporation, and Hilton
- The insights provided in this report will enable marketers and management authorities to make informed decisions regarding product launches, market expansion, and marketing tactics
- The report caters to various stakeholders in the India meetings, incentives, conferences, and exhibitions (MICE) market, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders will benefit from the various strategy matrices used in analyzing the India meetings, incentives, conferences, and exhibitions (MICE) market, facilitating informed decision-making.
Detailed Segmentation:
- India Meetings, Incentives, Conferences and Exhibitions Market, By Event Type
- Meetings
- Incentives
- Conferences
- Exhibitions/Trade Fairs
- Events
- Others
- India Meetings, Incentives, Conferences and Exhibitions Market, By Organization Size
- Small Scale Organization
- Medium Scale Organization
- India Meetings, Incentives, Conferences and Exhibitions Market, By Revenue Source
- Registration Fee
- Sponsorship
- Exhibitor Fee
- Others
- India Meetings, Incentives, Conferences and Exhibitions Market, By End Use Industry
- Corporate
- Association
- Government
- Education
- Others
- India Meetings, Incentives, Conferences and Exhibitions Market, By Destination Type
- Domestic
- International
- India Meetings, Incentives, Conferences and Exhibitions Market, By Region
- North Region
- East Region
- West Region
- South Region
- North East Region
- Top Companies in India Meetings, Incentives, Conferences and Exhibitions Market
- Tamarind Global
- Cox & Kings
- SOTC
- Thomas Cook
- Kuoni India
- ITDC
- Ferns N Petals
- Wedniksha
- Red Fox Hotel
- Le Passage to India
- Blank Canvas
- Envent Worldwide
- Orange County Resorts & Hotels
- The Park Hotels
- The Leela Palaces, Hotels and Resorts
- ITC Hotels
- Marriott International
- Radisson Hotel Group
- Hyatt Hotels Corporation
- Hilton
Product Code: CMI6379
Table of Content
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- India Meetings, Incentives, Conferences and Exhibitions Market, By Event Type
- India Meetings, Incentives, Conferences and Exhibitions Market, By Organization Size
- India Meetings, Incentives, Conferences and Exhibitions Market, By Revenue Source
- India Meetings, Incentives, Conferences and Exhibitions Market, By End Use Industry
- India Meetings, Incentives, Conferences and Exhibitions Market, By Destination Type
- India Meetings, Incentives, Conferences and Exhibitions Market, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Rising business travel and corporate events
- Restraints
- Shortage of skilled human resources
- Opportunities
- Rising destination weddings segments
- Key Highlights
- Regulatory Scenario
- Recent Trends
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Mergers, Acquisition, and Collaborations
4. India Meetings, Incentives, Conferences and Exhibitions Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. India Meetings, Incentives, Conferences and Exhibitions Market, By Event Type, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Meetings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Incentives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Conferences
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Exhibitions/Trade Fairs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Events
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
6. India Meetings, Incentives, Conferences and Exhibitions Market, By Organization Size, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Small Scale Organization
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Medium Scale Organization
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Large Scale Organization
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
7. India Meetings, Incentives, Conferences and Exhibitions Market, ByRevenue Source, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Registration Fee
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Sponsorship
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Exhibitor Fee
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
8. India Meetings, Incentives, Conferences and Exhibitions Market, By End Use Industry, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Corporate
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Association
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Government
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Education
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
9. India Meetings, Incentives, Conferences and Exhibitions Market, By Destination Type, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Domestic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- International
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
10. India Meetings, Incentives, Conferences and Exhibitions Market, By Region, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Sub-region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Sub-region, 2018-2030
- Country Trends
- North Region
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Event Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Revenue Source, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Destination Type, 2017-2030,(US$ Bn)
- East Region
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Event Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Revenue Source, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Destination Type, 2017-2030,(US$ Bn)
- West Region
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Event Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Revenue Source, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Destination Type, 2017-2030,(US$ Bn)
- South Region
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Event Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Revenue Source, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Destination Type, 2017-2030,(US$ Bn)
- North East Region
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Event Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Revenue Source, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Destination Type, 2017-2030,(US$ Bn)
11. Competitive Landscape
- Company Profile
- Tamarind Global
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Cox & Kings
- SOTC
- Thomas Cook
- Kuoni India
- ITDC
- Ferns N Petals
- Wedniksha
- Red Fox Hotel
- Le Passage to India
- Blank Canvas
- Envent Worldwide
- Orange County Resorts & Hotels
- The Park Hotels
- The Leela Palaces, Hotels and Resorts
- ITC Hotels
- Marriott International
- Radisson Hotel Group
- Hyatt Hotels Corporation
- Hilton
- Analyst Views
12. Section
- References
- Research Methodology
- About us
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