Overview and Scope
A civic organization refers to an organization that works on citizen values, good governance, and ethical values for the development of its citizens. Social organizations refer to welfare organizations formed by groups of people with mutual interests to fulfill their social obligations towards society. These organizations are engaged in promoting the civic and social interests of their members. Establishments in this industry may operate bars and restaurants for their members.
Sizing and Forecast
The civic and social organizations market size has grown steadily in recent years. It will grow from $62.56 billion in 2023 to $65 billion in 2024 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to international aid organizations, community development programs, formation of advocacy group, civil rights movements, emergence of nonprofits.
The civic and social organizations market size is expected to see steady growth in the next few years. It will grow to $75.43 billion in 2028 at a compound annual growth rate (CAGR) of 3.8%. The growth in the forecast period can be attributed to enhanced communication strategies, diversification of funding sources, environmental sustainability focus, addressing demographic changes, innovative volunteer engagement. Major trends in the forecast period include digital transformation, diversity, equity, and inclusion (dei) initiatives, community-centric solutions, advocacy for social justice, volunteer mobilization.
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Segmentation & Regional Insights
The civic and social organizations market covered in this report 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
Asia-Pacific was the largest region in the civic and social organizations market in 2023. North America was the second largest region in the global civic and social organizations market share. The regions covered in the civic and social organizations 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
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.
Key Industry Players
Major companies operating in the civic and social organizations market report are Rotary International Club, Boys and Girls Clubs of America, American Association of State Colleges and Universities, National Low Income Housing Coalition, Lions Clubs International, National Council on Aging, National Urban League, Civic Nation, National Immigration Law Center, National Association for the Advancement of Colored People, National Association of Social Workers, National Council of Nonprofits, National Women’s Law Center, Ethics & Compliance Officer Association, Hispanic Association of Colleges and Universities, National Organization for Women, National Alliance to End Homelessness, National Disability Rights Network, The Boy Scouts of America, National Women’s Health Network, The Young Men’s Christian Association, Atlanta Downtown Improvement District Inc., Society for Public Health Education, The Andrew Goodman Foundation, National Coalition Against Domestic Violence, Congressional Award Foundation, Beacon Hill Civic Association Community Corner, National Association of Government Communicators, Campus Vote Project, Nonprofit VOTE, National Youth Advocate Program, Points of Light Foundation, Public Allies Inc., Service Year Alliance, Teach For America, United Way Worldwide, Volunteers of America
The civic and social organizations market report table of contents includes:
1. Executive Summary
2. Civic And Social Organizations Market Characteristics
3. Civic And Social Organizations Market Trends And Strategies
4. Civic And Social Organizations Market – Macro Economic Scenario
5. Global Civic And Social Organizations Market Size and Growth
…
32. Global Civic And Social Organizations Market Competitive Benchmarking
33. Global Civic And Social Organizations Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Civic And Social Organizations Market
35.Civic And Social Organizations Market Future Outlook and Potential Analysis
36. Appendix
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