Steady growth: Despite the trade dispute between the USA and China, now simmering for some 18 months, according to the National Bureau of Statistics in the first eight months of 2019 alone, the domestic revenue from home textile products amounted to USD 13.4 billion – a year-on-year growth rate of 4.81 per cent. Wendy Wen, Senior General Manager of Messe Frankfurt (HK) Ltd., is therefore optimistic about the Spring Edition of Intertextile Shanghai Home Textiles, which will take place in the National Exhibition and Convention Centre in Shanghai from 11–13 March, 2020: “In China, the overall economic slowdown, and of course, the trade conflict with the United States is creating uncertainty. However, thanks to the population size and purchasing power of the Chinese market, even a slower growth rate can equate to good business potential. The Chinese home textile industry is continuing to perform well against all odds. This steady growth injects confidence into the market.”
The upward trend in the home textiles industry in China is also backed by the figures: the 2019 Spring Edition of Intertextile Shanghai Home Textiles attracted 22,296 trade buyers from 60 countries and regions, an increase of 6.8 per cent on the 2018 Spring Edition. There was also a 25 per cent increase in the number of exhibitors. In March 2020 the Spring Edition will again showcase a diverse range of products including bedding and towelling, rugs, table and kitchen linen, home textile technologies, textile design and more.
#Intertextile Shanghai Home Textiles #Shanghai #China #USA #Home textiles #Interiors
Find out more here:
Press release: Intertextile Shanghai Home Textiles – Spring Edition returns in March 2020
- Trade Show