Civic And Social Organizations Market Commodities, High Growth Opportunities, Segmentation, Market Trends By 2023-2032|The Boy Scouts of America, Boys and Girls Club of America, The Young Men’s Christian Association, Rotary Club, Beacon Hill Civic Association Community Corner

The Civic And Social Organizations Global Market Report 2023 by The Business Research Company, provides civic and social organizations market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Civic And Social Organizations Global Market Report 2023, the market size is expected to grow from $59.56 billion in 2022 to $61.98 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global civic and social organizations is expected to grow to $70.6 billion in 2027 at a CAGR of 3.3%.

The civic and social organizations market consists of revenues earned by entities that are engaged in promoting the civic and social welfare of their members. The civic and social organizations market includes establishments such as alumni associations, granges, automobile clubs, parent-teacher associations, ethnic associations, fraternal lodges, and scouting organizations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are includedthe growth of the civic and social organizations market.

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The civic and social organizations market is segmented:

1) By Products and Services: Membership Services, Prepared Meals And Beverages, Gaming Services, Rental Of Nonresidential Space, Private Gifts, Grants And Donations, Government Grants And Support, Other Products and Services

2) By Type: Academia, Activist Groups, Charities, Clubs, Community Foundations, Community Organizations, Consumer Organizations, Cooperatives, Other Types

3) By Mode of Donation: Online, Offline

4) By Organisation Location: Domestic, International

Increasing donations from corporates are driving the civic and social organizations’ market. Sponsorships from corporates are great sources of funding for these organizations to promote and fulfill the needs of society. These donations include philanthropic, event sponsorship, cause marketing, pro bono, matching gifts, paid release, in-kind gifts, and check-out campaigns. For instance, in April 2021, The Ithaca, a New York-based online fundraising tool for nonprofits assisted over 40,000 organizations in raising over $2 billion. During civic Giving Days in August 2020, it facilitated a record-breaking $124 million in donations. Moreover, in June 2020, BMO Financial Groups, a financial service provider, announced plans to donate $1 million to several organizations in North America that provide support to social and racial justice, and inclusion. The increase in donations from corporates is positively impacting the growth of the civic and social organizations market.

The civic and social organizations market report table of contents includes:

Executive Summary
Civic And Social Organizations Market Characteristics
Civic And Social Organizations Market Trends And Strategies
Civic And Social Organizations Market – Macro Economic Scenario
Civic And Social Organizations Market Size And Growth

Middle East Civic And Social Organizations Market
Africa Civic And Social Organizations Market
Civic And Social Organizations Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Civic And Social Organizations Market
Civic And Social Organizations Market Future Outlook and Potential Analysis

Top Major Players