Published on : Oct 12, 2019
Portable stage is an easily transportable platform made from different materials that include aluminum truss and plywood. They are placed in performance areas during events on the backdrop of their positive attributes that include easy and quick installation, light weight, compactness, movability, flexibility and customizable height.
Trade shows boost market
Trade shows are the best ways of garnering attention towards portable stages and creating brand awareness. Portable stages are preferred for stage shows and exhibitions as they are customizable and have the capability to meet exact requirements of the sellers and exhibitors. Growth in competition and marketing activities have increased the number of trade shows and exhibitions, thereby positively influencing the global portable stage market.
Global portable stages market was calculated to be around US$150Mn in 2019 and is anticipated to grow at ?8% CAGR for the forecast period 2019 – 2029. An intelligence report titled, “Global market Study on Portable Stages: ‘Rental’ Creating New opportunities” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository
Various fields that include recreation and sports industry, institutions, individual events and commercial events use portable stage for outdoor events as portable stages require less work force and less time to be customized as per requirements. Portable stages attract end users as rented staging solutions. Sports and recreation industry drives portable stage market and it is anticipated to exhibit faster revenue generation than end-use segments.
U.S.A holds major global portable stages market share followed by South Asia and Western Europe. Western Europe region is expected to generate opportunities worth ?US$50Mn in the global portable stage market for the forecast period 2019-2029. Increased marketing activities such as trade exhibition and road shows make China prominent in global portable stage market. Sports and recreational activities in East Asia and Pacific region contribute to the portable stage market.
Major stake holders profiled in global portable stage market include Wenger Corporation, Signature Systems Group LLC, StageRight Corporation, Gopak Limited, Europodium, Bary Sales AS, Quik Stage Incorporated, Staging Canadell Ltd, Avocet Engineering services Limited, SICO Incorporated, AmTab Manufacturing Corporation and Staging Concepts.
Global portable stage market: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the Global portable stage market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Global portable stage market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on portable stages.
An insightful and deep-dive assessment of the competitive assessment of the Global portable stage market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Global portable stage market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Global portable stage market: Research Methodology
Primary sources and secondary sources propel intelligence report on Global portable stage market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.
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