How Variations Affected the AMR Top 20

How Variations Affected the AMR Top 20

Florent Jarry • October 28, 2022
Florent Jarry • October 28, 2022

Share

Bar chart depicting top 20 exhibition organizers based on revenue (comparing 2019 to 2021).

Florent Jarry, partner, AMR International (acquired by Stax in 2022) offers some extra insight into the recent publication of the AMR Top 20 exhibition organisers by 2021 exhibition-organising revenue

 

Since we released the AMR Top 20 exhibition organisers in September, there’s been a lot of interest in the rankings from across the industry. It’s a case of who made it and who didn’t.


Now in its sixth year, the AMR Top 20 is the only global ranking that is based exclusively on exhibition-organising revenues. This latest ranking takes into account 2021 revenues.


Just to recap, we saw no change among the top three from last year: Informa Markets remains number one, followed by RX and CFTC. But exceptional circumstances make for exceptional results: IFEMA Madrid and Shanghai-listed DLG Exhibitions make their debut, while Easyfairs rejoins. However, Italian Exhibition Group (IEG), dmg events and Messe Nuremberg drop out.


So, what happened?


The strong variation in organiser recovery, ranging between 20% of their pre-Covid size to around 80%, is largely dependent on portfolio exposure, e.g., 2021 was a much stronger year for those with events in China than those with large international shows in Europe. Based on our Globex market forecasts, in 2021, China was the clear leader globally in terms of market recovery, rebounding to 87% of pre-Covid highs. This was predominantly driven by the relaxation of domestic Covid restrictions earlier than anywhere else. Meanwhile, Germany, known for its large international trade shows, reached a paltry 26% of its pre-Covid size.


The success of digital initiatives will also have contributed to support the position of some organisers, although this had a more marginal revenue impact.


Covid and the geopolitical situation have taken a new course in 2022, so next year’s rankings will likely look different again.


At AMR International we closely follow organiser strategy as part of our research for Globex – it also includes coverage on 20 markets and forecasts up to 2024. Globex 2022 will be released on 31 October.

Read More

Why Are Private Equity Investors Caring More About DevOps?
By Andrew Keller, Tyler Michaels, & Yiwei Jiang September 11, 2025
DevOps tools enable developers and IT teams to collaborate more effectively, opening up the potential for intriguing ROI. Read why PE investors are becoming more interested in DevOps.
Investing in Healthcare 2025: Stax PE Investor Survey
By Darren Buskirk & Jordan Abrams September 9, 2025
Stax Healthcare vertical has compiled the results of a recent survey, conducted by Stax, highlighting the changing landscape in the Healthcare industry. Read the full report here.
Featured by Reuters: 'It's Europe vs China' as Chinese brands crowd Munich car show
September 8, 2025
Phil Dunne was recently featured amongst several industry experts to weigh in on the growing takeover of Chinese EV manufacturers in Europe. Click here to read the full article.
Featured by Management Consulted: Grant Thornton Acquires Stax
September 5, 2025
Paul Edwards recently sat down with Management Consulted's Jenny Rae to discuss Stax’s growth journey and the positive impact of our partnership with Grant Thornton. Read more.
Stax Advises Bregal Sagemount on its Strategic Growth Investment in Spark Membership
September 5, 2025
Stax congratulates Bregal Sagemount on its recent strategic growth investment in Spark Membership, a category-leading membership management platform. Read more here.
Stax Top 20 Exhibition Organizers Ranked by 2024 Revenue
September 3, 2025
Stax has released its annual Top 20 Ranking of Exhibition Organizers. Stax ranks the exhibitions industry’s leading organizers based on exhibition-organizing revenues in 2024. Read more.
Show More