Yarn Expo Spring concluded its 2017 edition last month with high satisfaction from both exhibitors and buyers. Held from 15 – 17 March at the National Exhibition and Convention Center (Shanghai), the fair attracted 22,579 visitors from 94 countries and regions (2016: 20,527, 77 countries and regions) to source a large variety of yarn and fibre products brought by a total of 393 exhibitors from 12 countries and regions (2016: 309, 11 countries and regions), a 10% and 27% increase, respectively. The top 10 overseas visitor countries and regions were Australia, Hong Kong, India, Indonesia, Japan, Korea, Russia, Taiwan, the UK and the US.
Delighted with the results, Senior General Manager of Messe Frankfurt (HK) Ltd Ms Wendy Wen commented: “This edition we have seen a noticeable increase in the optimism of our exhibitors about the market situation in the coming year, so we are excited about what the year holds for the industry. As well as this, many of the exhibitors we spoke with during the three days were full of praise regarding aspects of the fair that are most important to us: the quality and diversity of buyers, as well as a buyer profile that matches with exhibitors’ offerings; the opportunities to develop new business and strengthen existing relationships; the ability to expand their brand to an international audience; and the chance to grow their business in new, trending product sectors.”
Industry leaders thrilled with fair results and see Yarn Expo as the most effective marketplace in Asia
Yarn Expo has always been known by the global yarn and fibre industry as the must-join trade fair for companies eager to tap into or intensify their businesses in China as well as Asia. Trusting the influence of Yarn Expo, industry leader Birla started participating regularly since it entered the China market three years ago. “Yarn Expo has highly boosted the awareness of our brand and fibres among the textile market over these few years,” said Mr Peter Dong, Marketing & Business Development Senior Manager, Birla Group. “Three years ago when we first entered China, there weren’t many people that knew about us, but, today, Birla is a well-known company with an increasing number of fashion garment brands appointing us to be the main supplier of their products.”
Gathering six partner companies, Birla organised its own Birla Planet pavilion once again to highlight two of its key product lines – Birla Modal and Birla Spunshades – with pleasing results. “We, including our members, are all satisfied with the overall results this time. Our booths were packed with visitors throughout the fair. Besides China, there were also buyers from Europe, America, Japan and many more. Amongst these visitors were our key target groups, such as mid-range garment manufacturers as well as fashion brands like H&M. They all hold quite strong will to have future cooperation with us.” Mr Dong further explained: “Nowadays, more and more downstream customers, for example fashion brands and garment manufacturers, are keen to work directly with raw material suppliers to develop new products. As such, we can use this fair to directly approach these types of buyers to introduce our products. No other similar fairs can offer such opportunities nor draw as wide a variety of buyers as Yarn Expo does. That’s why this is an unparalleled marketplace for the industry.”
The India Pavilion also experienced success, with results exceeding the pavilion organisers’ expectations. Mr Ravindranathan Narayanasamy, Joint Director of the Cotton Textiles Export Promotion Council (TEXPROCIL), the pavilion organiser, commented: “The result this year is better than we expected! The strong visitor flow kept our exhibitors busy for all three days, and many reported to us that ample opportunities were found here. After a short period of downturn, we can clearly feel that the demand for Indian products, especially in China, is growing again since last October, and we are gaining a larger market share.”
Mr Narayanasamy continued by sharing the diverse range of buyers the exhibitors met during the fair. He added: “We saw customers from Japan, Korea, Hong Kong, the US, as well as some Middle East countries like Morocco, Tunisia and Saudi Arabia. Our exhibitors were also delighted to meet with a number of new and direct customers, such as knitting and weaving manufacturers, who are keen to buy from us directly rather than through agents.” Agreeing with Birla’s compliments on Yarn Expo, Mr Narayanasamy said: “I would say Yarn Expo is the best yarn and fibre fair in the world in terms of scale, quality and the buyer profile. The China and Asia markets are important with unlimited business opportunities, and Yarn Expo is the most significant and effective platform to seize them.”
Exhibitors praised fair’s effectiveness for generating high-quality new business and its diverse buyer profile
Both overseas and domestic exhibitors were content with the number of quality new business contacts and the fair’s diverse visitor profile. “Around 90% of the contacts we received are new. This included buyers from China, Brazil, Thailand, Egypt, et cetera. We are extremely satisfied with this result, not only because of the quantity but also the impressive quality of these buyers,” said Mr Sandjojo, Marketing Representative of the new Indonesian exhibitor PT. Bintang Asahi Textile Industry. Another new exhibitor Chemosvit Fibrochem from the Slovak Republic agreed, with its Sales Executive Mr Lukas Haragos sharing: “A lot of visitors here were representing name-brands, and we’ve already made a number of new, high-quality contacts on the fair’s first day. While most of them were from China, buyers from Egypt, Japan, Poland and other places also visited our booth.” Mr Haragos also mentioned their reason for exhibiting in Yarn Expo. He explained: “For us, Yarn Expo is one of the most influential yarn and fibre trade fairs in Asia, bringing the company lots of new and big opportunities. To develop future business in China, one of the most promising markets, Yarn Expo is absolutely a must.” Returning exhibitor Indus Dyeing & Manufacturing Co Ltd highly values the fair’s impressive buyer profile, with its Sales & Marketing Manager Mr Abedin Ahmed Rizvi complimenting: “We are happy with the outcome this year as we met many of our target buyers from China as well as Europe, and many of them have already placed orders with us. The diverse buyer profile is no doubt one of the most remarkable traits of Yarn Expo.”
Domestic exhibitors were just as pleased as the overseas exhibitors. Jiangsu Shenghong Science and Technology Co Ltd, a well-known domestic supplier and the co-organiser of the Shenghong China Fibre Trend Area 2017-18, shared the company’s rewarding three-day fair. Its Marketing Department Specialist Mr Chong Gu said: “We are thrilled with the visitor flow and their quality. Many genuine buyers from India, Pakistan and the US were very interested in buying our products. In fact, we have also deepened the cooperation with famous brands such as Nike, Under Amour and Decathlon by introducing our products directly to their designers. Since we first joined Yarn Expo six editions ago, the fair has effectively elevated our brand awareness among the industry and led us to the international market.” Fancy yarn exhibitor Suzhou Zhengda Textile Mill Co Ltd thought the same, with the company’s General Manager Mr Chunrong Gu adding: “Yarn Expo has been our primary source of key customers. The majority of buyers we met this time are our target. They are all in high quality and some of them even placed orders on the spot.” In recent years, the company has been actively developing its export business; therefore, Mr Gu was also delighted with the fair’s buyer profile. He said: “We even established some initial cooperation with fabrics manufacturers from Indonesia, India and Korea, as well as some local trading companies.”