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    Canada MICE Market

    ID: MRFR/CR/44962-HCR
    128 Pages
    Pradeep Nandi
    September 2025

    Canada MICE Market Research Report By Event Type (Meetings, Incentives, Conferences, Exhibitions) and By Booking Mode (Online, Offline)-Forecast to 2035

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    Canada MICE Market Summary

    The Canada MICE market is poised for substantial growth, projected to reach 189.2 USD billion by 2035.

    Key Market Trends & Highlights

    Canada MICE Key Trends and Highlights

    • The Canada MICE market valuation stands at 74.5 USD billion in 2024.
    • From 2025 to 2035, the market is expected to grow at a compound annual growth rate of 8.84%.
    • By 2035, the market is anticipated to nearly double, reaching 189.2 USD billion.
    • Growing adoption of innovative technologies due to increased demand for seamless event experiences is a major market driver.

    Market Size & Forecast

    2024 Market Size 74.5 (USD Billion)
    2035 Market Size 189.2 (USD Billion)
    CAGR (2025-2035) 8.84%

    Major Players

    Destination Canada, InterContinental Hotels Group, Expedia Group, Air Canada, Shutterstock, AccorHotels, Choice Hotels International, Hilton Worldwide, Hyatt Hotels Corporation, Marriott International, Altus Group, Cvent, Toronto Convention and Exhibition Centre, Conference Board of Canada, Eventbrite

    Canada MICE Market Trends

    Several significant trends are presently being observed in the Canadian MICE market, which are indicative of the changing landscape of conferences, exhibitions, incentives, and meetings. The increasing recognition of Canada as an appealing location for international events is a significant market driver. This is a result of the diverse venues, experienced event coordinators, and distinctive cultural experiences that are available in a variety of provinces. Cities such as Toronto, Vancouver, and Montreal are notably benefiting from this trend, as they have become popular destinations for global conventions and business gatherings.

    The MICE market in Canada offers a wide range of opportunities, particularly as event organizers prioritize sustainability. Venues that integrate sustainable event planning and green technologies possess a competitive advantage, as there is a substantial transition to environmentally friendly practices. The Canadian government encourages MICE stakeholders to adopt environmentally responsible practices by promoting sustainable tourism initiatives, thereby supporting this trend. This creates opportunities for collaborations between businesses and organizations that prioritize sustainability. Recently, the market has also begun to embrace hybrid events, which integrate virtual components with in-person experiences.

    This trend enables a broader range of participants and accommodates audiences who prefer online engagement while still providing the advantages of in-person interactions. Furthermore, technological advancements are improving the quality of attendee experiences by incorporating interactive elements and applications, thereby increasing the level of engagement at events. Finally, the MICE landscape is still being influenced by safety and health regulations, as administrators prioritize the well-being of attendees by implementing strict health protocols and contactless solutions. In general, the Canadian MICE market is characterized by adaptability and innovation as it endeavors to satisfy the changing requirements of both organizers and attendants.

    Market Segment Insights

    MICE Market Event Type Insights  

    The Canada MICE Market has showcased a diverse array of Event Type segments, including Meetings, Incentives, Conferences, and Exhibitions, each playing a pivotal role in shaping the ecosystem. Meetings serve as a foundational component, facilitating business interactions and collaborative discussions that drive productivity and innovation. The Incentives segment contributes significantly by encouraging employee engagement and enhancing motivation, leading to improved performance outcomes in various sectors. Conferences act as platforms for knowledge exchange and networking opportunities, attracting professionals and thought leaders from around the globe to share insights and foster collaboration.

    Furthermore, Exhibitions stand out as vibrant venues for showcasing products, innovations, and services, allowing businesses to build brand visibility and connect directly with their target audiences. In a country like Canada, which is known for its rich cultural diversity and robust economic landscape, these Event Types thrive amidst the growing demand for high-quality event experiences. The interplay of these segments is increasingly characterized by technological advancements, with virtual and hybrid formats gaining momentum, particularly in response to the impact of global events.

    Additionally, the Government of Canada promotes initiatives to enhance the tourism and business events sectors, creating a conducive environment for the MICE industry to flourish. Overall, the segmentation within the Canada MICE market illustrates a dynamic landscape driven by both business needs and evolving market trends, which point towards a promising future for event planning and execution. Each segment is characterized by unique trends and dynamics that cater to varying audience expectations, making the country a prime destination for diverse event experiences.

    The importance of these segments cannot be understated, as they not only contribute to economic growth but also play a vital role in fostering connections and driving collaborations in various industries across Canada.

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    MICE Market Booking Mode Insights  

    The Canada MICE Market focuses on various Booking Modes, reflecting a significant aspect of market engagement. In recent years, the transition toward digital platforms has become prominent, with online bookings gaining a substantial share due to their convenience and efficiency, enabling clients to access services at any time. Meanwhile, offline booking methods continue to hold importance, particularly among traditional corporate clients who prefer personal interaction and tailored services. The dynamics of this segment are shaped by a rising trend of digital transformation in the event planning space and a growing demand for personalized experiences.

    The integration of technology into the offline booking processes further enhances the service, allowing customers to enjoy a hybrid approach that combines the best of both worlds. Canada’s diverse landscape, with its cultural richness and key business hubs, influences the overall growth of booking preferences. Local insights indicate that flexibility and user experience are driving the development of both online and offline booking modes, creating significant opportunities for stakeholders to address varied customer preferences within the Canada MICE Market industry.

    Get more detailed insights about Canada MICE Market Research Report-Forecast to 2035

    Key Players and Competitive Insights

    The Canada MICE Market, which encompasses Meetings, Incentives, Conferences, and Exhibitions, has seen an evolving competitive landscape driven by various factors, including robust tourism efforts, strategic partnerships, and an increase in technological adoption for event planning and management. Within this sector, industry players are putting forth considerable efforts to enhance attendee experiences and offer comprehensive services to meet the unique needs of both corporate clients and event organizers. Analysts indicate that the competition remains fierce, with multiple stakeholders striving to establish a foothold in the market through innovation, enhanced marketing strategies, and improved service delivery.

    Destination Canada plays a significant role in the Canada MICE Market, acting as a national agency dedicated to fostering growth and promoting the country's venues and offerings for meetings and events. One of its greatest strengths lies in its ability to showcase Canada's diverse regions, each equipped with unique facilities and experiences, making it an attractive option for international and domestic events alike. The organization's strategies include targeted marketing campaigns and leveraging partnerships with local governments and tourism boards to enhance visibility and appeal to various sectors of the global MICE industry.

    Furthermore, Destination Canada's emphasis on sustainability and inclusive event hosting aligns well with current international trends, providing an edge in attracting environmentally conscious planners and organizations. Their collaborative approach effectively highlights the strengths of the Canadian landscape as a prime destination for various events. InterContinental Hotels Group is a key player within the Canada MICE Market, specifically known for its wide range of hotel brands suitable for business events and conferences. The firm's presence in Canada is marked by numerous high-quality properties equipped with modern amenities and dedicated event spaces, establishing it as a preferred choice among corporate clients.

    InterContinental Hotels Group has a robust portfolio that includes venues designed for large conferences, intimate meetings, and everything in between, showcasing its adaptability to the varying needs of the market. The company's strengths lie in its ability to offer comprehensive service packages that include catering, audiovisual support, and event management services, making it a one-stop solution for event planners.

    InterContinental Hotels Group has also engaged in strategic mergers and acquisitions to strengthen its footprint within Canada, allowing it to enhance its service offerings and expand its reach across regions, further solidifying its position as a leading provider in the MICE sector.

    Key Companies in the Canada MICE Market market include

    Industry Developments

    Recent news developments in the Canada MICE Market have highlighted several significant trends and changes. Destination Canada has been actively promoting its diverse locations for meetings and exhibitions, emphasizing their unique appeal. In September 2023, InterContinental Hotels Group announced an expansion of its portfolio in Canada with new properties in key urban centers, showcasing a commitment to enhancing the MICE experience. Expedia Group has also been working on strategic partnerships aimed at providing seamless experiences for event planners.

    Meanwhile, Air Canada has continued to enhance its network for business travel, supporting the MICE sector with more direct flights to major conference cities. Notably, in August 2023, Hilton Worldwide reported a noticeable uptick in bookings related to conferences and events, reflecting a resurgence in the MICE market following the pandemic. Regarding mergers and acquisitions, AccorHotels has expanded its footprint through the acquisition of several boutique hotels in Canada to cater to the upscale MICE segment as of June 2023.

    These developments indicate a robust recovery trajectory for the Canada MICE Market, bolstered by increased investment and strategic growth by key industry players.

    Market Segmentation

    MICE Market Event Type Outlook

    • Meetings
    • Incentives
    • Conferences
    • Exhibitions

    MICE Market Booking Mode Outlook

    • Online
    • Offline

    Report Scope

    Report Attribute/Metric Details
    Market Size 2018 69.99(USD Billion)
    Market Size 2024 74.51(USD Billion)
    Market Size 2035 189.23(USD Billion)
    Compound Annual Growth Rate (CAGR) 8.843% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Destination Canada, InterContinental Hotels Group, Expedia Group, Air Canada, Shutterstock, AccorHotels, Choice Hotels International, Hilton Worldwide, Hyatt Hotels Corporation, Marriott International, Altus Group, Cvent, Toronto Convention and Exhibition Centre, Conference Board of Canada, Eventbrite
    Segments Covered Event Type, Booking Mode
    Key Market Opportunities Sustainable event solutions demand, Virtual and hybrid events growth, Technology integration in events, Destination marketing enhancement, Wellness-focused event experiences
    Key Market Dynamics Economic growth and stability, Increasing business travel demand, Technological advancements in event management, Sustainable and eco-friendly initiatives, Competitive venue offerings
    Countries Covered Canada

    FAQs

    What is the projected market size of the Canada MICE Market in 2024?

    The Canada MICE Market is expected to be valued at 74.51 billion USD in 2024.

    What is the expected market size of the Canada MICE Market by 2035?

    By 2035, the Canada MICE Market is projected to reach 189.23 billion USD.

    What is the expected CAGR for the Canada MICE Market from 2025 to 2035?

    The Canada MICE Market is anticipated to grow at a CAGR of 8.843 percent from 2025 to 2035.

    What is the market value for Meetings in the Canada MICE Market for 2024?

    In 2024, the Meetings segment of the Canada MICE Market is valued at 26.5 billion USD

    How much is the Incentives segment projected to be worth in 2035?

    The Incentives segment is expected to be valued at 37.45 billion USD in 2035.

    Which event type holds the highest market value in the Canada MICE Market for 2024?

    Meetings hold the highest market value in the Canada MICE Market, valued at 26.5 billion USD in 2024.

    What is the anticipated market size for Conferences in 2035?

    The Conferences segment is anticipated to reach a market size of 52.85 billion USD by 2035.

    Who are the major players in the Canada MICE Market?

    Key players in the Canada MICE Market include Destination Canada, InterContinental Hotels Group, and Marriott International, among others.

    What will be the market value of Exhibitions in 2024?

    The Exhibitions segment is expected to be valued at 12.01 billion USD in 2024.

    What opportunities are driving growth in the Canada MICE Market?

    Increasing demand for business meetings and conferences post-pandemic is driving growth in the Canada MICE Market.

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