Product Code: ETC6185058 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In Australia, the MICE (Meetings, Incentives, Conferences, and Exhibitions) market is recovering and evolving post-pandemic, with hybrid and virtual formats becoming commonplace. The countrys strategic geographic location, advanced infrastructure, and scenic destinations make it an attractive hub for international and regional business events. Government support through tourism and trade departments, along with private sector investments in convention centers and event technologies, is stimulating growth. Sustainability and digital transformation are current trends shaping the future of the MICE industry.
The meetings, incentives, conferences, and exhibitions (MICE) market in Australia is bouncing back post-pandemic, supported by the return of corporate events, international tourism, and hybrid event models. Sustainability and digital transformation are dominant themes, with event organizers embracing virtual and augmented reality technologies, carbon-neutral venues, and eco-friendly travel options to attract global business delegates.
The MICE (Meetings, Incentives, Conferences, and Exhibitions) market in Australia has faced several challenges, particularly following the COVID-19 pandemic. Travel restrictions, social distancing measures, and a shift to virtual events have disrupted the traditional MICE business model. Though the market is gradually recovering, uncertainty regarding the future of in-person events and the ongoing impact of global health concerns continues to affect bookings and event planning. Moreover, the rising costs of hosting events, including venue prices and logistics, present challenges to organizers and participants. There is also increasing competition from virtual event platforms, which offer cost-effective alternatives to traditional MICE events.
Australias MICE market is ripe for investment, especially in digital event platforms, hybrid conferencing tools, and sustainable event infrastructure. Investors can also look into hospitality tech, smart venues, and business travel concierge startups. Government support and tax incentives for international event hosting make this a high-return area, especially post-COVID recovery.
The Australian MICE market is heavily influenced by government policies that support tourism and business events. The Australian Trade and Investment Commission (Austrade) plays a key role in promoting Australia as a destination for MICE tourism through international marketing campaigns and business event grants. The government offers funding to support business event organizers, including assistance with travel costs for international delegates and grants to host major conferences and exhibitions. However, the MICE market faces challenges due to the changing nature of travel restrictions, with the government continuously adjusting policies in response to global health concerns. Additionally, policies around sustainability are becoming increasingly important, pushing the MICE industry to adopt greener practices, which can require significant investment from organizers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Mice Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Mice Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Mice Market - Industry Life Cycle |
3.4 Australia Mice Market - Porter's Five Forces |
3.5 Australia Mice Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Australia Mice Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Mice Market Trends |
6 Australia Mice Market, By Types |
6.1 Australia Mice Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Mice Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Mice Market Revenues & Volume, By Meetings, 2021- 2031F |
6.1.4 Australia Mice Market Revenues & Volume, By Incentives, 2021- 2031F |
6.1.5 Australia Mice Market Revenues & Volume, By Conferences, 2021- 2031F |
6.1.6 Australia Mice Market Revenues & Volume, By Events, 2021- 2031F |
7 Australia Mice Market Import-Export Trade Statistics |
7.1 Australia Mice Market Export to Major Countries |
7.2 Australia Mice Market Imports from Major Countries |
8 Australia Mice Market Key Performance Indicators |
9 Australia Mice Market - Opportunity Assessment |
9.1 Australia Mice Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Australia Mice Market - Competitive Landscape |
10.1 Australia Mice Market Revenue Share, By Companies, 2024 |
10.2 Australia Mice Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |