Loading…

+917718880355

news

Intertextile Shanghai to move to brand-new venue to benefit exhibitors this year

YarnsandFibers News Bureau 2015-02-13 17:00:00 – Shanghai

Intertextile Shanghai Home Textiles, a leading home textile event of Asia. It is a dynamic platform for industry professionals to source and to gain design inspirations through the conveniently structured product displays and the fringe programme. It is organised by Messe Frankfurt (HK) Ltd; the Sub-Council of Textile Industry, CCPIT; and the China Home Textile Association.

This year benefits of moving to the new fairground – which is located closer to surrounding textile manufacturing bases than the previous venue, and adjacent to a key transport hub with links to the rest of the country and throughout Asia – recent economic data from China also highlights great opportunities for overseas suppliers

Despite slower growth overall in the Chinese economy, the domestic housing market is still relatively strong in most cities across China. Not only is it new building projects that are keeping home textile import figures strong, but also home renovation projects which are becoming an increasingly important sector of the market.

The China Home Textile Association calculated that home textile imports into China reached $2.5b between January and October 2014, with a large proportion of this in premium bedding products and upholstery fabrics for the high-end market. In a further boost for the industry, the value of home renovation projects is forecast to exceed $48b annually, with annual growth of around 30% predicted according to a domestic home living website. Textile products account for around 25% of the total cost of home renovation projects in China.

It is not only the economic data that shows the potential for overseas suppliers however, but consumer trends in the Chinese market too. Chinese consumers are increasingly placing more emphasis on the quality and design of home decorations, so the furniture and interior design market has grown rapidly in recent years.

A gradual change is occurring too where buyers are attaching more importance to quality, style and trends, and less to cost which can only benefit those suppliers in the mid-range and high-end sectors.

Following the domestic market’s continuing demand for premium European products and brands, this year’s Exquisite Europe is already attracting strong interest from exhibitors. In 2014, 103 suppliers from 16 European countries took part, with many reporting strong interest in their products.

Buyers at the fair are looking for high-end items, and German products in particular are very popular with Chinese consumers at the moment, underscored Michael Bauer, Managing Director of bedding supplier Curt Bauer GmbH.

JAB, Designers Guild and LaCanTouch have already confirmed their participation in the 2015 fair. It is no longer just a fair focused on fabrics and bedding, Intertextile Shanghai Home Textiles has placed increased importance on the entire spectrum of home textile products, including design services, in recent years.

Last year’s wall coverings zone was well-attended by buyers, with Clarke & Clarke, Brentano and Desima just some of the big brands that took part as exhibitors. As one of the fastest growing segments in the domestic market, this zone is attracting strong interest from overseas suppliers this year.

Carpets and rugs is also another product category increasing in prominence at the fair. Handmade carpet manufacturers from Pakistan and India reported strong enquiries from buyers in 2014 as this sector gains interest from consumers in China.

Intertextile Shanghai Home Textiles – Autumn Edition returns in 2015 from 26 – 28 August. The fair will take place for the first time at a brand-new venue, the National Exhibition and Convention Center (Shanghai), with a total of six halls and around 160,000 sqm in use. Overseas exhibitors will be located in the International Hall (hall 4.1).

0 0 vote
Article Rating
0 Comments
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report


why us?
21 yrs

experience

Fortune 500

Customer Base

100%

dedicated team

55+

Countries Served Worldwide


newsletter

Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello