Political Organizations, Unions And Associations Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope

Political organizations refer to a legally registered social organization formed by a group of people to seize political power through democratic elections at the national, regional, or local level. A union refers to an organization formed by workers in an industry to pursue policies and goals that benefit their betterment. The association refers to an organization formed by a group of people to pursue a particular goal or purpose, ranging from social to business.

Sizing and Forecast

The political organizations, unions and associations market size has grown strongly in recent years. It will grow from $436.93 billion in 2023 to $462.58 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to political activity, legislation and policy changes, membership and donations, grassroots movements, labor movement.

The political organizations, unions and associations market size is expected to see strong growth in the next few years. It will grow to $573.01 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to election cycles, advocacy and lobbying, digital engagement, healthcare and public health, labor rights and worker movements. Major trends in the forecast period include digital transformation, civic engagement and activism, environmental advocacy, collaboration and coalition building, transparency and accountability, youth and student engagement.

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Segmentation & Regional Insights

The political organizations, unions and associations market covered in this report is segmented –

1) By Type: Civic And Social Organizations, Business Associations, Professional Organizations, Labor Unions And Similar Labor Organizations, Political Organizations, Other Political Organizations, Unions And Associations

2) By Mode of Donation: Online, Offline

3) By Organization Location: Domestic, International

Asia-Pacific was the largest region in the political organizations, unions and associations market in 2023. North America was the second largest region in the political organizations, unions and associations market. The regions covered in the political organizations, unions and associations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth

The rise in number of social media users is contributing to the growth of the political organizations, unions and associations market. Social media offers an instant way to measure the strength and influence of a political unit or a union by the number of followers on various social media such as Twitter, Facebook, and other social media platforms. Several large and small political organizations, unions, and associations are increasingly adopting social media to instantly update their followers about issues and news and take input from members. For example, in 2022, there were 4.55 billion active social media users globally, a 9.9% increase over 2021. Therefore, increase in social media users is expected to drive the growth of the political organizations, unions and associations market.

Key Industry Players

Major companies operating in the political organizations, unions and associations market include Republican Party, Democratic Party, Southern Baptist churches, G8 Education, The Salvation Army., The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), Service Employees International Union (SEIU), National Education Association (NEA), American Civil Liberties Union (ACLU), Human Rights Campaign (HRC), National Association for the Advancement of Colored People (NAACP), National Rifle Association (NRA), National Right to Life Committee (NRLC), National Organization for Women (NOW), Sierra Club, American Association of Retired Persons (AARP), American Medical Association (AMA), American Bar Association (ABA), American Institute of Certified Public Accountants (AICPA), American Institute of Architects (AIA), American Society of Civil Engineers (ASCE), American Society of Mechanical Engineers (ASME), American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE), American Society of Interior Designers (ASID), American Society of Landscape Architects (ASLA), American Society of Safety Professionals (ASSP), American Veterinary Medical Association (AVMA), National Association of Home Builders (NAHB), National Restaurant Association (NRA), National Retail Federation (NRF), National Association of Realtors (NAR), National Association of Insurance Commissioners (NAIC), National Association of Manufacturers (NAM), National Association of Broadcasters (NAB), National Association of Convenience Stores (NACS).

The political organizations, unions and associations market report table of contents includes:

Executive Summary
Political Organizations, Unions And Associations Market Characteristics
Political Organizations, Unions And Associations Product/Service Analysis -Product/Service Examples
Political Organizations, Unions And Associations Market Trends And Strategies
Political Organizations, Unions And Associations Market – Macro Economic Scenario

Global Political Organizations, Unions And Associations Market Competitive Benchmarking
Global Political Organizations, Unions And Associations Market Competitive Dashboard
Key Mergers And Acquisitions In The Political Organizations, Unions And Associations Market
Political Organizations, Unions And Associations Market Future Outlook and Potential Analysis
Appendix

Top Major Players: