Huge increase in visitors at Labelexpo Asia reflects booming Asian market
The dramatic growth of the Chinese label industry was reflected in the size of this year's Labelexpo Asia, which took place at the Shanghai New International Expo Center recently. The show welcomed a phenomenal 14,004 visitors from China and abroad (compared to 9112 in 2005 – an increase of 54%).
Catering solely for trade professionals, this year's show demonstrated a high quality of visitors, confirming Labelexpo Asia's status as the leading label event in Asia. Visitors came from 71 countries, with almost 15% of people from outside China. In particular, large delegations attended from Korea, Japan, Malaysia, Thailand, Singapore, Indonesia and India.
The net floor space grew by 16%, with 210 leading Chinese and international suppliers exhibiting (compared to 150 in 2005). The success of the show was also reflected in the exhibitors' rebooking, with 50% of the floor space already sold for the show in 2009.
Labelexpo Asia 2007 demonstrated how the Chinese and Asian label industry has radically changed since the last show in 2005, showing maturity and gradually establishing its own niche. The Chinese label market is currently booming with a growth rate of over 18% a year.
Commenting on the success of the show, Yin Deming, president of Shanghai Printing Association, said, "We are very pleased to see that Labelexpo Asia maintains such a high number of international exhibitors and visitors. Having visited the show this year, we realised how great the potential of the Asian label market is, and we are certain that Labelexpo Asia 2009 will be another great success."
Meanwhile Labelexpo managing director Roger Pellow, said: "This third edition of Labelexpo Asia has once again shown the enormous scale of opportunities that exist for the labeling industry in the Chinese market. The three very busy days of the show have been highly effective for both exhibitors and visitors, who benefited from doing business, sharing knowledge and, most importantly, networking and setting up new partnerships and contracts.
"Having had some fantastic feedback on the quality of the show from visitors, we decided to extend Labelexpo Asia 2009 to four days to give extra time to exhibitors to do business. We aspire to build on the success of Labelexpo Asia 2007 to encourage a further growth of the labeling industry in the region."