UFI: exhibition industry revenues drop 68% in 2020

Paris, 4th February: Earlier this month, UFI, The Global Association of the Exhibition Industry, released an updated COVID-19 damage assessment for the global exhibition and trade show industry. Based on the results of the latest edition of its UFI Global Exhibition Barometer, revenues for the global exhibition industry in 2020 dropped 68% compared with 2019.

It is estimated that more than €200 billion (US$224 billion) of total exhibition-related output was lost in 2020, affecting 2.4 million full-time jobs. About €330 billion (US$370 billion) of business volume was lost from exhibiting companies using face-to-face events to generate business.