Friday, March 29, 2024
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B2B trade shows enjoy their strongest quarter of growth since 2007

It’s a great time to be in the B2B trade show industry. The U.S. B2B exhibition market has posted the most gains in the first quarter since 2007, as we learn in the most recent figures from the Center for Exhibition Industry Research.

2015 Q1 also marked the 19th consecutive quarter of year-on-year growth, the press release states, with 2015 netting a 4.6 percent growth year-over-year.

ceirb2btradeshows
Quarterly CEIR Total Index for the Overall Exhibition Industry, Year-on-Year Growth, 2011Q1-2015Q1.

The CEIR measures “growth” with four factors: Net square feet of exhibit space sold; professional attendance; number of exhibiting companies; and gross revenue.

The strongest metric getting a boost was in revenues, which rose an impressive 7.3 percent, followed by net square feet, increasing by 4.1 percent.

“The performance in the first quarter was remarkable considering that the east coast was frequently paralyzed under severe winter weather,” noted CEIR Economist Allen Shaw, Ph.D., Chief Economist for Global Economic Consulting Associates, Inc.

Be sure to check out this overview of the top tech U.S. conferences coming soon

Hoping to land a speaking opportunity at a trade show? Read this report

Photo via B2BMainTradeShow.com

 

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