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Hong Kong Autumn Fairs draw 62,000 buyers
Hong Kong Autumn Lighting Fair, Outdoor and Tech Light Expo and Eco Expo Asia draw some 62,000 buyers

BriefingWire.com, 10/31/2023 - Exhibitors are bullish on sales prospects and see tremendous potential in smart lighting

The 25th Hong Kong International Lighting Fair (Autumn Edition), the 8th Hong Kong International Outdoor and Tech Light Expo, and the 18th Eco Expo Asia, organised by the Hong Kong Trade Development Council (HKTDC), concluded their physical events on a high note. The three exhibitions attracted some 62,000 buyers from 145 countries and regions.

Sophia Chong, Deputy Executive Director of the HKTDC, said the fairs had created a cross-industry sourcing platform for global buyers, successfully leveraging synergy and attracting some 62,000 buyers collectively. The number of buyers from key markets grew strongly, including those from ASEAN countries such as Indonesia, Malaysia, Philippines, Singapore and Thailand, as well as United Arab Emirates (UAE), Korea, India and Mainland China. Eco Expo Asia also drew many new buyer groups, including those from Malaysia, Thailand and Macao, reflecting the passing of the pandemic and that global buyers continued to view Hong Kong as an important trading and sourcing platform. Ms Chong was confident that the HKTDC would continue to promote local and international trade development, bringing more business opportunities and cooperation to the industry.

Survey reflects optimism on sales

An independent survey institute interviewed nearly 770 exhibitors and buyers at the Autumn Lighting Fair and Outdoor and Tech Light Expo. The industry held an optimistic outlook, with more than 67% respondents expecting overall sales to continue growing in the next two years, with 32% expecting sales to remain unchanged and just 1% anticipating a potential decline. For traditional markets, respondents were mainly optimistic about Australia and the Pacific Islands (67%) and Taiwan (63%). Among emerging markets, the industry was primarily positive on Latin America (71%), Central & Eastern Europe (excl. Russia) (68%), the Middle East (66%) and ASEAN countries (65%).

Smart cities and smart homes were among the technological development trends under the spotlight. As Internet of Things (IoT) applications grow in popularity, most respondents (74%) believed the smart-lighting market had great potential in the next two years. Areas with the most potential included home automation and smart-lighting control systems (47%), followed by wireless lighting control systems (33%), energy-saving lighting control solutions (30%) and outdoor smart security lighting systems (26%).

New Connected Lighting Zone draws interest

The Hong Kong International Lighting Fair (Autumn Edition) and the Hong Kong International Outdoor and Tech Light Expo, themed Light Up Every Opportunity, featured a wide range of high-quality lighting products such as those with innovative designs, sustainable development and smart elements. The Connected Lighting Zone debuted at this year’s Lighting Fair showcasing more than 20 renowned companies and brands. The business atmosphere at both lighting fairs was enthusiastic and lively. Long-standing Hong Kong exhibitor Extra Lighting Manufacturing Ltd. showcased top-quality commercial and residential lighting products at the Autumn Lighting Fair. Lisa Tang, Director, said: “We have been participating in this fair for more than 20 years. About 15% of our customers have been acquired through this fair. At this year’s fair, we have connected with new buyers from Europe, the Middle East, North America and Southeast Asia.

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