HKTDC Hong Kong Houseware Fair Sees 8.5-percent Increase in Visitors
April 22, 2012
The Hong Kong Trade Development Council’s Hong Kong Houseware Fair attracted more than 2,000 exhibitors and 40,000 visitors, an 8.5-percent increase compared with last year, when it recently was held at the Hong Convention & Exhibition Centre.
Exhibitors were from 32 countries and regions, including first-time participation from Sri Lanka.
Fifteen group pavilions also took part, with the new ASEAN Select Pavilion featuring 85 exhibitors from Indonesia, Malaysia, the Philippines, Thailand and Vietnam.
Other group pavilions represented were Bangladesh, Brazil, the Chinese mainland, Germany, India, Italy, Japan, Korea, Macau, Taiwan and Turkey.
“Though America and Europe are still mired in economic uncertainties, the creeping recovery of the global economy in the first quarter of this year has manufacturers and buyers around the world paying attention to the Asian markets and a lot of overseas enterprises are seizing opportunities to open up new markets," said Benjamin Chau, deputy executive director of HKTDC.
He added, "The Asia’s largest Hong Kong Houseware Fair and the Hong Kong International Home Textiles and Furnishings Fair together have drawn the participation of over 2,200 exhibitors this year. Naturally buyers from all over the world do not want to miss this purchasing opportunity and arrive in droves.”
The Houseware Fair’s new Small-Order Zone, launched at the HKTDC Hong Kong Electronics Fair earlier this month, attracted some 20,000 buyers at the fair.
Other special product zones included the World of Pet Supplies, specialising in pet products and veterinary services, and the Hall of Elegance, showcasing designer collections and brand names, including Mastrad, Metier Atelier, OOObject, Topchoice and Umbra.
The third edition of the concurrent HKTDC Hong Kong Home Textiles and Furnishings Fair also welcomed more than 220 exhibitors from eight countries and regions.
Exhibitors from Australia, Bangladesh, Belgium, the mainland, Hong Kong, India and Taiwan, joined by newcomer Pakistan, presenting a wide range of textile and home-furnishing products and services.
Group pavilions at the fair represented the mainland and India with two pavilions: the Handloom Export Promotion Council pavilion and the Export Promotion Council for Handicrafts pavilion.
Joint seminars on eco-friendly home products and textiles, e-tailing strategies, product-launch sessions and networking events highlighted the latest market trends in the houseware and home-textile furnishing industries.
Overall, household experts are up. In 2011, Hong Kong exported HK$216 billion (US$27.7 billion) in household goods, up 12 percent, compared with 2010. Its top export markets were the mainland, the United States, Japan, India and Germany.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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