MICE, Travel & Hospitality Indirect · Indirect
Monitoring · monthly
Procurement Category Intelligence

Awards and Trophies

Overview
Market size
$8.2B
global, USD
CAGR
3.5%
base to forecast
Buyer power
-1.2
supplier-favoured
Suppliers
13
tracked players
Signals
12
monitored

Market outlook

2031$9.7B

What changed

Demand by region

North America demand40%
Europe demand25%
Asia Pacific demand20%
Latin America demand10%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Raw Materials (Metal, Acrylic, Glass, Resin, Wood)45%
Manufacturing and Custom Engraving Labor25%
Inbound and Outbound Logistics15%
Packaging and Presentation Boxes10%
Energy and Facility Overheads5%
share of delivered cost (analyst estimate)

Supplier watchlist

13 tracked

Related categories

Corporate Travel Management - TMCOnline Booking ToolsAirline GDS SubscriptionsAirline Corporate ContractsHotel Corporate Rate ProgramsHotel Group Booking ServicesConference HotelsConvention Center Rental