The contract publishing sector grew by 18% over the period despite a backdrop of falling advertising spending, poor financial performance and the effects of 11 September, it said.
The sector was valued last year at 313m, almost four times its worth in 1993 when the APA was established with 10 founding members.
The sector has also given the printing industry a major boost, with nine out of the top 10 ABC-audited magazines now customer titles. Nearly three-quarters of all customer magazines are mailed to recipients.
Market research company MINTEL predicts that the sector will increase by 8% year-on-year to be worth 461m by 2007.
The APA now has 29 UK, five overseas and 14 affiliate members.
By 2002, 79% of the UK population reported they had seen a customer magazine at some point.
APA director Hilary Weaver said: The driver for growth is accountability and customer magazines are highly effective at delivering against market objectives.
Story by Gordon Carson
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"Wow, amazing achievement, congratulations Lance, you are without doubt the most awarded person in the industry. Fair play. That trophy cabinet must be busting at the seams ;)
Congratulations again."
"No Mr Bond, I expect you to di-rect mail"
"I'm sure this will go down well with print supply chain vendors. What terms is it that ADM are after - 180 days is it?"
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