Making a Premium Pet World, Having fun with a Trendy Dwelling Atmosphere
HONG KONG SAR – Media OutReach – 2 June 2023 – Organized by Exhibition Group, the Premium Pet Provides Expo, centered across the theme “Making a Premium Pet World, Having fun with a Trendy Dwelling Atmosphere”, held its opening ceremony right now. This marks the tenth version of the Premium Pet Provides Expo, following the momentum of the pet competition, selling high quality pet way of life merchandise to the general public.
In line with information from World Market Insights, the worldwide pet trade had a market worth of roughly $261 billion in 2022, and it’s anticipated to develop to $350 billion by 2027, with a compound annual development charge (CAGR) of 6.1%. The fastest-growing markets are within the Asia-Pacific area and Latin America, with annual development charges of 9.3% and 5.9% respectively in 2022. The speedy development of the Premium Pet Provides Expo aligns completely with this pet wave.
Mr. Carl Wong, Chairman of Exhibition Group Restricted, mentioned: “The Hong Kong pet market is rising quickly, radiating to the huge market of 86 million folks within the Guangdong-Hong Kong-Macao Larger Bay Space, making it a must-contend location for world pet product shows and gross sales. The Hong Kong Pet Competition has turn into an necessary event for trade alternate and procurement. The next Premium Pet Provides Expo, with its exact positioning and product listing, offers the newest and hottest pet provides for consumers in Hong Kong, the Larger Bay Space, and globally.”
Final yr, the Premium Pet Provides Expo recorded over 240,000 entries. The exhibition presents quite a lot of meals and feed, drinks, clothes, toys, magnificence and grooming merchandise, cleansing provides, well being medicines, cages and different objects for guests to select from. Varied thrilling actions will even be held on the similar venue, offering an excellent procuring and leisure vacation spot for pet lovers throughout Hong Kong.
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