Attendees of HK Lighting Fair Optimistic about Business in 2015

The 16th HKTDC Hong Kong International Lighting Fair (Autumn Edition), held on Oct. 27-30, ended up with attendees feeling optimistic about their business of 2015.

During the fair, the Hong Kong Trade Development Council (HKTDC), its organizer, surveyed 613 buyers and exhibitors on their views of market prospects next year. Over 90% of the respondents expressed expectations that their overall sales would improve or remain about the same.

The four-day show drew approximately 37,000 buyers from 135 countries and regions to shop for products displayed by 2,492 exhibitors from 37 countries and regions. Although overall attendance was slightly lower than last year, buyers from Italy, the UK, the US, India, Mexico, and Turkey increased.  
 

HKTDC Deputy Executive Director Benjamin Chau said the overall business atmosphere in the fairgrounds was positive, with the surveyed industry players feeling optimistic about next year's sales.

According to the poll, the markets with the most promising growth prospects are mainland China, Western Europe, and North America. The survey also found that the industry is bullish about the market for LED lighting products, with buyers furiously searching for environmentally-friendly, energy-saving lighting products and smart lighting solutions at the show.

At the fair, MEGAMAN showcased its INGENIUM Smart Lighting Solutions, which allow residential and commercial clients to control and adjust lighting with a smart device. “The business atmosphere at the show has been very good. We saw a 20% increase in buyer attendance at our booth,” said Lee Wing-tak, MEGAMAN's CEO, adding that his company is committed to the innovation of LED lighting products and solutions.

Nanogrid Ltd. of Hong Kong, a first-time exhibitor, showcased its Nanoleaf Bloom LED light bulb, the world's first that dims without a dimmer switch.

Tsinghua Tongfang Co. of China, which earlier this year acquired Taiwan's renowned lighting brand Neo-Neon, displayed products under its own brand name for the first time. Marketing manager Emma Chien said that the company joined the fair to show off its latest LED and festive lighting products.

REWE Far East Ltd., the Hong Kong buying office of the German food retailer REWE Group, was at the autumn show to source LED bulbs. The company's division manager of electronics/lighting, John Li, said that three buyers had joined his company this year to source both products and new suppliers.

Qi Long, GE Lighting's technology program manager in mainland China, and a first-time visitor to the lighting fair, searched for OEM partners and component suppliers. He reported that he had met around six potential OEM partners and over 10 potential component suppliers at the show.

Ghanaian buyer Paul Amfo, the general manager of Global Lighting Centre Ltd., said that he was particularly interested in high-quality products and new LED lighting designs, adding that he was impressed by the fair during which he met many high-quality suppliers. (KL)