BSG’s report: Most Asian exhibition markets to surpass 2019 levels in 2023

Paris/Hong Kong, 23rd November: UFI, the Global Association of the Exhibition Industry, has released the 18th edition of its annual report on the Trade Fair Industry in Asia. This edition marks a restart of this report after the global pandemic. The report provides a detailed overview of the performance in 2022 of 17 exhibition markets in Asia. The report also provides insight and commentary into the scale of the recovery in 2023 and looks ahead to 2024.

Overall, BSG estimates that Asia recorded a huge 87% drop in net space sold in 2022 compared to 2019 as a result of the global pandemic. Net space sold fell from 24.5 million m2 in 2019 to just 3.2 million m2 in 2022. The drop in 2022 was in large part due to the fact that China did not allow exhibitions throughout the year due to its COVID-zero restrictions.

For more information on this report, please contact UFI in Asia at: asia@ufi.org