Canada Mice Market Size & Outlook, 2023-2030
Canada mice market, 2018-2030 (US$M)
Related Markets
Canada mice market highlights
- The Canada mice market generated a revenue of USD 19,484.1 million in 2023 and is expected to reach USD 37,707.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
- In terms of segment, meetings was the largest revenue generating event type in 2023.
- Incentives is the most lucrative event type segment registering the fastest growth during the forecast period.
Mice market data book summary
| Market revenue in 2023 | USD 19,484.1 million |
| Market revenue in 2030 | USD 37,707.5 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Meetings |
| Fastest growing segment | Incentives |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Meetings, Incentives, Conferences, Events |
| Key market players worldwide | American Express Co, CWT Meetings & Events, BCD Meetings & Events, Maritz, Conference Care, ATPI Limited, FCM Travel Solutions, Global Cynergies, Aviareps AG, ITL World, Questex, Global Business Travel Group Inc Ordinary Shares - Class A, Meetings & Incentives Worldwide, One10, Creative Group, CWT |
Other key industry trends
- In terms of revenue, Canada accounted for 2.4% of the global mice market in 2023.
- Country-wise, Germany is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. mice market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 37,707.5 million by 2030.
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MICE Market Scope
MICE Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada mice market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mice market will help companies and investors design strategic landscapes.
Meetings was the largest segment with a revenue share of 43.57% in 2023. Horizon Databook has segmented the Canada mice market based on meetings, incentives, conferences, events covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is attempting to develop its MICE sector further by introducing an innovative new effort titled the Unicorn Event Initiative, which aims to increase awareness among government organizations of large-scale and famous events that collaborate with the country's centers of excellence.
It has compiled a list of almost two dozen world-renowned events covering six core economic areas in which Canada has a worldwide competitive advantage: technology, life sciences, advanced manufacturing, agriculture, natural resources, and banking and insurance.
In addition, Meetings Mean Business Canada has collaborated with the Tourism Industry Association of Canada and Destination Canada Business Events which will further give a boost to the MICE market in Canada.
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Our clientele includes a mix of mice market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada mice market , including forecasts for subscribers. This country databook contains high-level insights into Canada mice market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada mice market size, by event type, 2018-2030 (US$M)
Canada MICE Market Outlook Share, 2023 & 2030 (US$M)
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