Weekly Newsletter
Paris, 30th January: The 2024 Global Exhibitions Day (GED) will be held on 5th June. Held under the theme, “Exhibitions are catalysts to sustainable futures”, it will be the ninth edition of GED.
This year’s edition stresses four key messages: 1) Exhibitions drive progress; 2) Exhibitions facilitate economic growth; 3) Exhibitions are sustainable; and 4) Exhibitions connect people.
Lyon, 25th January: GL events released its preliminary results for the year ended 31st December 2023. It reported revenue growth of 9%, reaching €1.43 billion (US$1.6 billion).
In terms of business sectors, more than 57% of revenues were generated from GL events Live, with revenues of €825 million (US$911 million), down 3% year-on-year. The second largest sector was GL events Venues, generating revenues of €393 million (US$434 million), representing year-on-year growth of 21%. The remaining revenues, €210 million (US$231 million), were generated by GL events Exhibitions, which jumped 51% over the previous year.
Bangkok, 1st February: VNU Exhibitions Asia Pacific announced the launch of a trade exhibition for the horticulture and agriculture industries, Horti Agri Next (HAN) ASIA, in 2025.
HAN ASIA will be held from 12th to 14th March 2025, at IMPACT in Bangkok, Thailand, together with VIV Asia 2025. The new show will focus on the latest products, innovations and advances in the fields of horticultural food production, landscaping, controlled environment practices, environmental conservation, arable land planting, harvesting, and processing of crops, land and water resources management, and new enhancing technologies.
Guangzhou, 26th January: Homedecor & Hometextile will take place during the first phase of the 53rd CIFF Guangzhou, running from 18th to 21st March 2024, at the Canton Fair Complex in Pazhou. It is targeted to become the largest industry platform in Asia.
Homedecor & Hometextile will take place at Area D of the Canton Fair Complex, occupying eight exhibition pavilions with an exhibition area of 85,000 m2. About 700 exhibitors will showcase interior products and decorations of complete lighting solutions, art installations paintings, clocks, handicrafts, fountains, glass and ceramic objects, home textiles, curtains, cushions, carpets, synthetic and silk flowers and plants, vases, and household and tableware items.
The recently-launched Singapore MICE Sustainability Certification, aimed at encouraging the MICE industry to adopt sustainable practices when organizing events, has been developed by SACEOS (Singapore Association of Convention & Exhibition Organisers & Suppliers), backed by the support of the Singapore Tourism Board.
Building on strong results for 2023 with preliminary expected turnover of around €370 million for the fiscal year, Messe Berlin held 110 events in 2023 which were attended by 27,800 exhibitors and attracted more than 1.4 million participants. International business made a positive contribution to the full-year results, especially in Asia – leading to high expectations for the region in 2024.
Figure 1: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement over past 12 months)
Figure 2: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement since January 2024)
Business Strategies Group is the only market intelligence & strategy consulting firm in Asia with a special focus on business media, information and events. Our services include research, market intelligence, mergers and acquisition support and strategy development.
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