Rising Living Standards, Rising Demand
The Hong Kong Exporters' Association Vice-Chairman Benson Pau noted that The Hong Kong Gifts & Premium Fair "is the biggest gift fair in the world," and predicted that the 26th edition of the event will attract more than 4,030 exhibitors from 36 countries and regions. "We will also co-ordinate over 380 local exhibitors to set up the Hong Kong Exporters' Association Pavilion," he said.
As living standards continue to improve, consumers are increasingly conscious of their health. This year's gifts fair will respond with a new Personal & Well-being Gifts Zone to help companies capitalize on the trend.
The pet supplies market is also growing in parallel with consumer market trends and improving living standards. Data from the Euromonitor research institute reveals that global sales of pet supplies recorded growth in recent year, especially the food and health products for pets are capturing a rapidly growing customer base. In response, the World of Pet Supplies at this year's fair will feature a new Pet Food & Supplements section.
Hong Kong Trade Development Council (HKTDC)