Venue space continues to grow worldwide
Available exhibition space is one of the main drivers of the development of the exhibition industry, and venue space continues to grow in most regions of the world. Following the release of preliminary data, UFI, the Global Association of the Exhibition Industry, released its full report on the World Map of Exhibition Venues.
In addition to analysing indicators on key regional trends, it lists the largest venues for all 28 markets whose total capacity exceeds 200,000 sqm of gross indoor exhibition space. It also includes final adjustments in the data set. It has been six years since UFI last produced this global census covering all exhibition venues with a minimum of 5000 sqm of gross indoor exhibition space. This year’s release shows an increase of capacity in the majority of markets around the world. Asia-Pacific has become the market with the second largest offer (23.7 per cent of the total world capacity), behind Europe (45 per cent) and ahead of North America (23.6 per cent).
In terms of size segmentation, 61 per cent of venues globally have an indoor capacity between 5000 and 20,000 sqm, one third (34 per cent) belong to the medium-size segment, offering between 20,000 and 100,000 sqm, and 61 venues (5 per cent) have more than 100,000 sqm. With a growth rate of 27 per cent, the latter is the fastest growing market segment. The USA remains the market with the most exhibition venue space available (19.8 per cent of global capacity), with China (16.6 per cent) and Germany (9.3 per cent) completing the top three. These three, plus Italy and France, each offer more than 2,000,000 sqm of total gross indoor exhibition space. Taken together, these markets account for almost 60 per cent of the total world indoor exhibition space.