HONG KONG, Sept 8, 2024 – (ACN Newswire) – The physical exhibits of the 43rd HKTDC Hong Kong Watch & & Clock Fair and 12th Salon de TIME, arranged by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Ltd and The Federation of Hong Kong Watch Trades & & Industries Ltd, effectively concluded the other day.
In spite of the fairs closing briefly due to typhoon Yagi, organizations were still able to record more chances as the organisers extended the opening hours for 3 of the 5 reasonable days. Purchasers and exhibitors were likewise proactively motivated to utilize the EXHIBITION+ hybrid design for organization exchange.
The physical exhibits brought in some 17,000 purchasers from 106 nations and areas. International purchasers from outdoors Hong Kong primarily originated from Mainland China, Taiwan, India, Indonesia, Japan, Malaysia, the Philippines, Singapore and Thailand, highlighting Hong Kong’s value as a watch trading centre. The EXHIBITION+ hybrid design will allow exhibitors and purchasers to take pleasure in prolonged service conversations till 14 September.
Beauty salon de TIME and CENTRESTAGE, HKTDC’s concurrent style occasion, were likewise totally open up to the general public for the very first time. The general public count for the occasions surpassed 15,000 sees. View and style lovers had the ability to value the peak in workmanship and style and buy their preferred products.
HKTDC Deputy Executive Director Sophia Chong stated: “The Hong Kong Watch & & Clock Fair and Salon de TIME combined over 700 exhibitors from 15 nations and areas. In addition to inviting global purchasers, this year’s Salon de TIME was totally open up to the general public for the very first time, supplying a one-stop sourcing platform and producing brand-new company chances. Exhibitors had the ability to learn more about client choices instantly, which will assist reinforce item style and research study and advancement, improving competitiveness in the future.”
Ms Chong included: “An interesting line-up of mega occasions will mesmerize visitors this fall. The Hong Kong Electronics Fair (Autumn Edition) and the concurrent electronicAsia will be hung on 13-16 October, followed by the Hong Kong International Lighting Fair (Autumn Edition) on 27-30 October. The International Outdoor and Tech Light Expo will be held from 29 October to 1 November. These fairs will be held under the EXHIBITION+ hybrid design, assisting companies catch brand-new chances.”
Study discovers guarantee in ASEAN and the Middle East
To determine watch and clock market patterns for next year, the HKTDC performed an on-site study, talking to some 900 exhibitors and purchasers on the marketplace outlook and item patterns.
The study discovered that 42% of participants anticipate total sales to grow over the next 12-24 months, while 47% anticipate sales to stay the same. Japan, Taiwan, Australia & & Pacific Islands, and South Korea were viewed as providing the very best development potential customers over next 2 years amongst standard markets, while ASEAN, the Middle East and India were viewed as using the most appealing development potential customers over the next 2 years amongst emerging markets.
In regards to item patterns, 40% of participants anticipated smartwatches to continue as the most popular watch classification.