Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, July 02 2019 - 20:35
AsiaNet
China's largest Gifts & Home Fair in April draw 16,000+ Buyers
SHENZHEN, China, July 2, 2019 /PRNewswire-AsiaNet/ --

The just-concluded China (Shenzhen) International Gifts, Handicrafts, Watches & 
Houseware Fair (April), organized by Reed Huabo Exhibitions, is garnering rave 
reviews from the industry with an overall sentiment that the quality of buyer 
attendees was the strongest in years. The Show (April) was sold-out with 2,500 
exhibitors from 7 countries and regions. The show aims to introduce the latest 
trend and connect local and overseas buyers with potential suppliers with 
brand-new exhibition areas and show events. During the best buying seasons in 
April and October every year, exhibitors will present their products and 
services at these signature promotion and sourcing platforms.

Enormous potential in gifts and home products

China gift spending rose to 1.05 trillion (CNY), an increase of 9.2 percent 
annually, in 2017 - the most recent available statistics, according to 
2013-2017 state of the china gift Industry Report.

According to figures published by research institute Statista, global revenue 
in the furniture and homeware segment is expected to top US$226.5 billion in 
2019, with a projected annual growth rate of 10.6% until 2023. The global 
figure is expected to climb to US$338.3 billion by 2023, with Mainland China 
becoming the largest market, generating approximately US$78.7 billion. We 
encourage industry players to capitalize on the opportunities available in 
these markets.

In October, China (Shenzhen) International Gift and Home Products Fair 
(October) will be held from October 20-23, 2019, at Shenzhen Convention & 
Exhibition Center, China. This year, 2500 exhibitors & over 160,000 visitors 
are expected to gather.

Source: Reed Huabo Exhibition
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