Global Exhibitions Day 2019 celebrated around the world

Paris, 6th June: The fourth edition of Global Exhibition Day (GED) was held on 5th June 2019. GED aims to highlight the exhibition industry’s value and role as a driver of economic growth.

GED 2019 promoted four core advocacy messages, including UFI’s recently released global and regional data related to the economic impact of exhibitions, which underscores how important exhibitions are in contributing to total economic output, job creation and GDP growth. GED activities were held in some 90 countries and regions on 5th June. A total of 41 GED partner associations supported and joined the celebrations.

Kai Hattendorf, UFI Managing Director/CEO, stated, “I am delighted that the success of GED19 has again served to raise the profile of our industry. It is an effective way of showing the world the economic impact and opportunities the exhibition industry offers. I would like to personally thank each and every one of you who joined forces for GED19 and provided all these outstanding contributions.”

GED 2020 will be held on 3rd June 2020, the first Wednesday in June.

Sources: UFI media release, Exhibition News article

Questex Asia closes media and publication division

Asia, 30th May: Media and events company, Questex Asia, announced the closure of its Asia media and publication division, including publications based in Singapore and Hong Kong.

According to media reports, Questex’s shuttered the titles at the end of May. However, Questex’s Asian event business, managed out of its Singapore office, will continue to operate, while the Hong Kong office will be closed. Catherine Wong, senior vice president, will continue to lead the Questex Asia team.

Questex Asia owns and operates more than 100 digital media products and over 50 conferences, tradeshows and events. It also owns several business information intelligence products. Earlier in March, the company reorganised its business into five key industry sectors: beauty & wellness, travel, hospitality, pharma and technology.

Catherine Wong remarked, “Our highest priority is our customers and our employees. They look to us to help them drive business goals and their careers. We continue to support them with the right brands, the right audience, the right solutions/services as well as the right support.”

Source: Marketing-Interactive.com article

Deutsche Messe expands portfolio in Indonesia

Hannover/Jakarta, May: International exhibition organiser, Deutsche Messe, will join forces with Indonesian tradeshow company Wakeni, to organise a woodworking machinery and components event, IFMAC – International Furniture Manufacturing Component Exhibition.

Deutsche Messe organises LIGNA, a leading trade fair for woodworking and wood processing plant, machinery and tools. IFMAC was launched in 2012 and is held together with WOODMAC. Products at IFMAC include furniture-making and woodworking machinery and related materials and components.

Trade visitors are from furniture manufacturers and vendors; manufacturers of panel products; the timber processing and woodworking industries; the surface treatment industry; and designers, architects and building and construction firms.

The two companies will jointly organise the 8th edition of IFMAC for the first time running from 9th to 12th October 2019 at the Jakarta International Expo. According to Deutsche Messe, IFMAC 2018 featured over 300 exhibitors from 23 countries and attracted more than 13,000 visitors from 37 countries and regions.

Deutsche Messe Managing Board member Andreas Gruchow, stated, “The venture with IFMAC has major potential and positions us in a prospering market in Southeast Asia. In Indonesia, demand for efficiency-enhancing solutions, high-performance woodworking machines and modern accessories is very strong. The IFMAC show is therefore the perfect platform for local firms seeking to learn about the latest developments in woodworking technology and explore their capital purchasing options.”

Source: LIGNA press release

67,000 visitors at THAIFEX 2019

Bangkok, 28th May: Organised by Koelnmesse, the 16th edition of THAIFEX-World of Food Asia concluded recently attracting over 67,000 trade visitors from 134 countries. THAIFEX was held at IMPACT Exhibition and Convention Center.

Running from 28th May to 1st June, the five-day show occupied an exhibition area of 107,000 m2, occupying all 11 halls at IMPACT. A total of 2,745 exhibitors from 42 countries and regions participated in the show – including 28 start-up companies.

Mathias Kuepper, Managing Director, Koelnmesse, commented, “As organizers, we’re constantly fine-tuning our programs based on feedback from exhibitors, buyers and visitors, and aligning them with the latest industry trends. We were delighted to hear that our new programs such as the THAIFEXfuture Food Experience+ and the THAIFEX Startup Zone were very well received. The future of the F&B sector is always evolving as consumers’ tastes, considerations and preferences progress, and we hope to continue refreshing and creating new programs that will deliver the ultimate trade show experience to keep attendees – even exhibitors and buyers – ahead of the curve.”

The next edition of THAIFEX-World of Food Asia will be rebranded as THAIFEX-Anuga Asia, focusing on the Future of Food. It will run from 26th to 30th May 2020 once again at IMPACT.

Sources: THAIFEX press release [1], THAIFEX press release [2]

ILTM Asia Pacific 2019 features 570+ suppliers

Singapore, 4th June: The second edition of ILTM (International Luxury Travel Market) Asia Pacific was held from 27th to 30th May 2019 featuring 572 suppliers from across the region. According to organiser, Reed Travel Exhibitions, the 2019 edition was 10% larger than the edition in 2018.

ILTM portfolio events introduce luxury travel brands to visitors and ILTM Asia Pacific targets on various geographic markets in the region. According to ILTM Asia Pacific, there were significant increases in trade buyers from Australia (9%), Korea (21%), Malaysia (33%), New Zealand (133%) and the Philippines (38%). In addition, visitors from Bangladesh, Moldova, Armenia, and Belarus attended the show for the first time.

ILTM Asia Pacific will return to Singapore at Marina Bay Sands, running from 18th to 21st May 2020.

Sources: ILTM Asia Pacific press release, TTG Asia article

UBM opens inaugural edition of Cosmoprof India

Mumbai, 12th June: The inaugural edition of Cosmoprof India opened on 12th June at the Bombay Exhibition Center (BEC). A total of 232 companies from 23 countries participated in the event – covering an exhibition area of 10,260 m2.

Organised by BolognaFiere and UBM India, the show ran until 14th June and it focused on the future of the beauty industry in India. Cosmoprof India exhibitors featured a wide range of products including ingredients/raw materials, machinery and equipment, primary and secondary packaging services and finished products. Trade visitors included wholesalers, distributors, sales agents, manufacturers, packaging and machinery specialists and suppliers, salon owners and retailers.

Highlights of the show included: Cosmoprof Onstage providing opportunities to selected exhibiting companies; the Cosmoprof India Awards celebrating quality and research in the Indian beauty segment; and CosmoTrends addressing the main trends impacting the industry.

Source: PR Newswire article

Share price movement in B2B media companies involved in Asia

Table 1: Stock price of selected media companies, as of 11 June 2019

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Table 2: Share price movement in B2B media companies involved in Asia

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Table 3: PE Ratios of listed Asian B2B media companies

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Figure 1: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement over past 12 months)

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Figure 2: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement since January 2019)

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