Global Modular Exhibition Wall Systems Market Size Likely to Surpass at a CAGR of 6.7% By 2033

As per the current market research conducted by the CMI Team, the global modular exhibition wall systems Market size is expected to record a CAGR of 6.7% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 21,059.97 Million. By 2033, the valuation is anticipated to reach USD 35,580.38 Million.

Modular Exhibition Wall Systems Market: Growth Factors and Dynamics

• Increasing Demand for Flexible Solutions: As businesses seek versatile display options for trade shows, events, and retail spaces, modular exhibition wall systems offer customizable layouts, easy assembly, and reconfiguration capabilities, driving the market growth.

• Rising Emphasis on Branding and Visual Impact: Companies prioritize brand visibility and aesthetic appeal at events, fueling demand for modular walls with integrated branding opportunities, vibrant graphics, and lighting solutions to enhance visual impact and attract attendees.

• Shift Towards Sustainable Practices: With growing environmental awareness, there’s a rising preference for eco-friendly exhibition solutions. Manufacturers respond by incorporating sustainable materials and production processes, catering to environmentally conscious consumers and regulatory requirements.

• Technological Advancements: The integration of digital technologies such as LED screens, interactive displays, and augmented reality enhances the functionality and engagement potential of modular walls, driving demand among businesses seeking innovative and immersive event experiences.

• Expansion of Global Events Industry: The global events industry continues to expand, with increasing participation in trade shows, conferences, and exhibitions worldwide. This growth fuels demand for modular exhibition wall systems as businesses and event organizers seek flexible and impactful display solutions to stand out in competitive markets.

• Adaptation to Hybrid Event Formats: The emergence of hybrid event formats, combining in-person and virtual components, creates opportunities for modular wall systems providers to offer adaptable solutions that cater to both physical and online attendees, supporting seamless event experiences and maximizing audience reach.

• Strategic Partnerships and Collaborations: Companies in the modular exhibition wall systems market form strategic partnerships and collaborations with event organizers, retailers, and other stakeholders to expand market reach, enhance product offerings, and address evolving customer needs, driving mutual growth and innovation in the industry.

Modular Exhibition Wall Systems Market: Partnership and Acquisitions

• In April 2023, Cvent, Inc. unveiled a strategic collaboration with Jifflenow, a B2B meeting platform. The partnership aims to streamline the booking process for in-person meetings at corporate events and trade shows, benefiting customers of both companies.

• In April 2023, Eventbrite introduced the RECONVENE Accelerator, a mentorship and award program launched in 2022, aimed at inspiring the next generation of event creators. In addition to the existing program, Eventbrite introduced a panel of judges to select five winners. These winners are expected to receive a prize of USD 20,000 each, along with personalized mentorship from Eventbrite.

• In March 2023, Whova announced the expansion of its event registration system to 39 countries, with the addition of 16 new countries. This initiative is anticipated to bolster Whova’s global presence and better serve its customers worldwide.

Report Scope

Modular Exhibition Wall Systems Market: COVID-19 Analysis

The COVID-19 pandemic significantly impacted the modular exhibition wall systems market, bringing both challenges and opportunities:

• Impact on the Events Industry: The widespread cancellation and postponement of events, trade shows, and exhibitions due to lockdowns and social distancing measures resulted in a sharp decline in demand for modular exhibition wall systems. Many businesses and event organizers shifted to virtual events, reducing the need for physical displays.

• Supply Chain Disruptions: Global supply chain disruptions caused by factory closures, transportation restrictions, and raw material shortages led to delays in the manufacturing and delivery of modular wall systems. This hindered production schedules and affected the availability of products for both manufacturers and customers.

• Shift Towards Virtual Events: The pandemic accelerated the adoption of virtual events and digital platforms, prompting companies to invest in virtual event technology rather than physical exhibition displays. Modular wall system providers had to adapt by offering virtual event solutions or integrating digital features into their products.

• Focus on Hygiene and Safety: With health and safety concerns paramount, businesses and event organizers prioritized hygiene measures in physical spaces. Modular wall system manufacturers introduced features such as antimicrobial surfaces, touchless accessories, and easy-to-clean materials to address these concerns.

• Recovery in Hybrid Events: As restrictions eased and vaccination rates increased, the events industry witnessed a shift towards hybrid events, combining in-person and virtual components. Modular wall system providers capitalized on this trend by offering flexible solutions that catered to both physical and online attendees.

• Opportunities in the Healthcare Sector: The pandemic created opportunities for modular wall system providers in the healthcare sector, with increased demand for temporary medical facilities, testing centers, and vaccination sites. Modular walls were used to create partitions, isolation areas, and safe zones in healthcare settings.

Overall, while the COVID-19 pandemic presented significant challenges for the Modular Exhibition Wall Systems market, it also spurred innovation, adaptation, and diversification, leading to new opportunities and growth avenues in the post-pandemic landscape.

List of the prominent players in the Modular Exhibition Wall Systems Market:

• Octanorm GmbH & Co. KG
• Aluvision NV
• beMatrix NV
• Nimlok
• Expomobil
• Tecna UK
• Ultima Displays Ltd.
• Condit Exhibits
• Agam Group Ltd.
• Classic Exhibits Inc.
• Moss Inc.
• Abex Exhibit Systems
• Skyline Exhibits
• Nomadic Display
• EverBlock Systems LLC
• Others

The Modular Exhibition Wall Systems Market is segmented as follows:

By Type

• Rollable Exhibition Wall
• Rigid Exhibition Wall
• Shell Clad Exhibition Wall

By Revenue Stream

• Museum
• Art Gallery
• Meeting Room
• Media Center
• Others

By End User

• Businesses and Corporations
• Event Organizers
• Retailers
• Artists and Designers
• Educational Institutions
• Government and Nonprofit Organizations
• Individuals

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America