USA – The American Promotional Products Association International (PPAI) has published a ranking of the 50 leading suppliers and distributors, respectively. Key categories like previous year revenue, growth, industry faith, professional development, innovation, employee happiness and online presence were examined for the large-scale “PPAI 100 – The Industry Leaders 2023” survey. In addition to the publicly published data, questionnaires submitted by almost 200 companies that were included in the ranking due to their turnover, were also evaluated.
SanMar with an estimated revenue of 3.7 billion US Dollars and a growth rate of 51%, S&S Activewear with 2.15 billion US Dollars in revenue and a growth rate of 62% and alphabroder (2.0 billion US Dollars/growth rate: 18%) occupied the top three rankings among the suppliers. 4imprint heads the ranking of the distributors with 1.12 billion US Dollars in revenue for the fiscal year 2022 and a 34% growth rate since 2019. Halo came second with 1.0 billion US Dollars in turnover and 28% growth. The third largest distributor was reported to be Staples Promotion Products with a turnover of 830 million US Dollars and a growth rate of 38% over the past years.
According to the PPAI, the ranking aims to give the entire industry a better idea of optimum business models. To this end, in the course of the survey the association also drew up benchmark reports about leading companies, which allow competitors of every size to understand the success of top companies and implement similar strategies for their own business.
The entire rankings and further information on the individual companies can be found online on the news website of the PPAI.
