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| This year's Hong Kong Watch & Clock Fair registered an increase of 10% buyers compared to last year with bright outlook predicted for next year |
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All the graphs are up at Asia's largest timepiece show, Hong Kong Watch & Clock Fair, reinforcing Hong Kong's role as a global sourcing hub. Industry players at the five-day event which ended recently (5 September) expect a promising market outlook for the year ahead.
Buyers increased almost 10 per cent while overall overseas buyer attendance surged nearly 15 per cent. Visitors from Europe and the US jumped 13 per cent and 5 per cent respectively. The top ten visiting countries were from the Chinese mainland, Japan, US, Taiwan, Korea, India, Malaysia, Thailand, Singapore and Germany.
A survey conducted by independent market research company Oracle found that among buyers who source branded timepieces, 68 per cent of them are sourcing Hong Kong brands or are considering. They found Hong Kong brands are value for money, with higher product quality and good design.
Japanese buyer Ryuichiro Kosugi, managing director of The Japan Watch Importers Association whose members are often on the look-out for overseas brands to import to Japan, thinks that JWIA members should buy more products from Hong Kong. "Companies here can offer trendy products at a good price, of good quality, and with quick response. They are also very flexible on quantity."
Other vibrant fairs are coming in the second half of the year. These will include the autumn edition of the Hong Kong Electronics Fair (13-16 October), Restaurant & Bar Hong Kong (5 October), Interstoff Asia, International Lighting Fair and International Hardware and Home Improvement Fair ((27-30 Oct) and the Hong Kong Optical Fair (3-5 November).
Click here for a full list of TDC events
Click here for a full list of business events
October
Restaurant & Bar Hong Kong 2004
Fashion Access - Handbags, Travelware, Footware, Leather Garments and Fashion Accessories (an APLF fair)
Interstoff Asia Autumn 2004
Hong Kong Electronics Fair (Autumn Edition)
ElectronicsAsia
13th Hong Kong International Toys & Gifts Show/12th Asian Gifts, Premium & Household
Hong Kong International Lighting Fair
Hong Kong International Hardware & Home Improvement Fair
November
Hong Kong Optical Fair
Cosmoprof Asia 2004/The Natural Health Fair 2004
3G World Congress & Exhibition 2004
World SME Expo
Business of Design Week 2004
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