Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, March 17 2020 - 14:48
AsiaNet
Reed Huabo Exhibitions Provides Analysis on China's Gifts Industry Market
SHENZHEN, China, March 17, 2020 /PRNewswire-AsiaNet/ --

To help more the clients to know about now and the future, focusing on big 
data's digging and exploring, Reed Huabo--China (Shenzhen) International Gift 
Fairs Organizer now gives a thorough analysis about the Gifts Industry Market.

1. As consumption upgrading, population growth and other factors boosted the 
consumption in China's FMCG market, the consumption began to recover in 2017 
despite the continuous declined. Its major consumer is concentrated in the 
middle class and the younger generation, the pursuit of a healthy and 
convenient quality of life is main trending. 
2. In China, gifts mainly include business and welfare gifts. To the products 
wholesaler, the most valuable information is to have a clear understanding of 
the industry data, the post of purchasers, the consumption data of users, 
feedback, etc. 
3. Gifts services suppliers started to enter the New Retail field. For the 
middle class, consumption has shifted from Taobao to Tik Tok, from price to 
quality. For the company, different types of companies have different 
requirements for products, so one should know the type of company to recommend 
appropriate gifts. 
4. Rigid demand, high frequency and pain spots are the six-word rules to select 
good products. For example, FMCG products to meet basic physiological needs, 
trunks to meet quality life, etc. In 2017, the top five of the most popular in 
China's business gift market are trunks, household items, digital electronics, 
personal health and small home appliances. 

Looking forward to predicting the future as well as the consumption trend, 
mobile electronics related products and products that improve the quality of 
private life will be set off a new consumption trend. Only by focusing on 
consumers, continuous consumption upgrading and seizing New Retail 
opportunities can suppliers stand on a firm footing.

At the end, China (Shenzhen) International Gifts, Handicrafts, Watches & 
Houseware Fair will be postponed to May 25th to 28th, 2020 in Shenzhen World 
Exhibition & Convention Center.

Visitors may also pay attention to our official website 
(http://en.reedhuabo.com/) for more information.

SOURCE: Reed Huabo Exhibitions
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