05/01/2019

Report Reveals Global Exhibition Industry Is a $325 Billion Business

The industry directly generated more output than many large global sectors

he expo hall is growing in prominence, and a new report highlights its sheer scope on a global level. Global Economic Impact of Exhibitions, 2019 Edition, a just-released report from UFI, the Global Association of the Exhibition Industry, finds that exhibitions the world over are responsible for the creation of $325 billion in total economic output, 3.2 million jobs, and $197.5 billion in gross domestic product in 2018 alone.

“Global exhibitions directly generated more output (business sales) than many large global sectors, including machine tools and medical & surgical equipment,” the report said.

The report is intended to help the industry make clear a big message, according to UFI President Craig Newman: Exhibitions have impact on a massive scale.

Please select this link to read the complete article from Associations Now.