The mice market in Europe is expected to reach a projected revenue of US$ 751,490.6 million by 2030. A compound annual growth rate of 9.5% is expected of Europe mice market from 2025 to 2030.
The Europe mice market generated a revenue of USD 437,372.2 million in 2024.
The market is expected to grow at a CAGR of 9.5% from 2025 to 2030.
In terms of segment, meetings was the largest revenue generating event type in 2024.
Incentives is the most lucrative event type segment registering the fastest growth during the forecast period.
Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
Market revenue in 2024
USD 437,372.2 million
Market revenue in 2030
USD 751,490.6 million
Growth rate
9.5% (CAGR from 2025 to 2030)
Largest segment
Meetings
Fastest growing segment
Incentives
Historical data covered
2018 - 2023
Base year for estimation
2024
Forecast period covered
2025 - 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, Europe region accounted for 50.2% of the global mice market in 2024.
Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 355,732.6 million by 2030.
The European MICE market is large and rising, with a beneficial impact on the growth of enterprises, communities, and destinations. As the penetration of MICE events increases in Europe, resorts in the region are adapting to specialized MICE hotel locations and services.
This diversification of hotel operations provides a greater advantage for MICE reservations. For instance, Grand Luxor Hotel based in Spain is offering services for team building, experiential events, corporate events, corporate incentives, trade fairs and exhibitions, hybrid events, and more.
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 Outlook will help companies and investors design strategic landscapes.
Meetings was the largest segment with a revenue share of 43.79% in 2024.
Horizon Databook has segmented the Europe mice market based on meetings, incentives, conferences, events covering the revenue growth of each sub-segment from 2018 to 2030.
The European MICE market is large and rising, with a beneficial impact on the growth of enterprises, communities, and destinations. As the penetration of MICE events increases in Europe, resorts in the region are adapting to specialized MICE hotel locations and services.
This diversification of hotel operations provides a greater advantage for MICE reservations. For instance, Grand Luxor Hotel based in Spain is offering services for team building, experiential events, corporate events, corporate incentives, trade fairs and exhibitions, hybrid events, and more.
Europe Mice Market Event Type Outlook (Revenue, USD Million , 2018-2030)
Meetings
Incentives
Conferences
Events
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe MICE Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe MICE Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.