TFWA Asia Pacific Exhibition & Conference 2015, the 20th event for the duty free & travel retail industry in Asia Pacific, closed on 14th May in Singapore after a very successful week.
With occupied exhibition space topping previous years at 9,118 m2 – up 9% on 2014 - and 292 exhibiting companies present (+12%), of which 73 were new to the show, there was a huge variety of products on display for the benefit of visiting buyers and agents.
Visitor numbers were considered satisfactory by organisers TFWA in a year which has been challenging for the duty free and travel retail industry, with aviation accidents, a new approach to gift giving and luxury consumption among the all-important Chinese travellers, financial instability and political tension in several countries and the resulting slowdown in the growth of air passenger traffic.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7484951-20th-duty-free-travel-asia-summit/
After three decades of service to the duty free & travel retail industry, Tax Free World Association (TFWA) can take satisfaction in the knowledge that it has contributed to a 1000% growth in global sales, from USD $6 billion in 1985 to USD $60 billion last year, and supported the industry through some extremely challenging times.
To view the Multimedia News Release, go to: http://www.multivu.com/players/English/72762513-30th-duty-free-travel-retail-summit/
The duty free and travel retail community assembled last month in the Marina Bay Sands Expo and Convention Center, Singapore for their annual regional summit, a highly successful event which reflected the strength of the industry in the region.
To view the Multimedia News Release, go to: http://www.multivu.com/mnr/65003-asian-duty-free-travel-retail-industry-booming
In total over 6,300 delegates from nearly 3,000 companies in the global duty free & travel retail industry attended the annual trade show which took place in the Palais des Festivals, Cannes from Sunday 20th to Friday 25th October. This visitor figure represents a +4% increase on the previous year and of the total 34% were key duty free & travel retail operators and landlords, up 8% on 2012.
To view Multimedia News Release, go to http://www.multivu.com/mnr/64139-duty-free-travel-retail-industry-world-exhibition
“Preliminary forecast global sales for 2012 are just over $49 billion – close to the magic $50 billion which was discussed not all that many years ago as a possible figure to reach, but still a little away from the projected $64 billion by 2015. The 2012 result is a 7.5% increase on 2011 and, yet again, it’s the Asia Pacific region that is the powerhouse of this growth,” stated Erik Juul-Mortensen, President TFWA.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/60631-tfwa
