PR83322

SHENZHEN, China, March 17, 2020 /PRNewswire=KYODO JBN/ --

To help more the clients to know about now and the future, focusing on big

data's digging and exploring, Reed Huabo--China (Shenzhen) International Gift

Fairs Organizer now gives a thorough analysis about the Gifts Industry Market.

1. As consumption upgrading, population growth and other factors boosted the

consumption in China's FMCG market, the consumption began to recover in 2017

despite the continuous declined. Its major consumer is concentrated in the

middle class and the younger generation, the pursuit of a healthy and

convenient quality of life is main trending.

2. In China, gifts mainly include business and welfare gifts. To the products

wholesaler, the most valuable information is to have a clear understanding of

the industry data, the post of purchasers, the consumption data of users,

feedback, etc.

3. Gifts services suppliers started to enter the New Retail field. For the

middle class, consumption has shifted from Taobao to Tik Tok, from price to

quality. For the company, different types of companies have different

requirements for products, so one should know the type of company to recommend

appropriate gifts.

4. Rigid demand, high frequency and pain spots are the six-word rules to select

good products. For example, FMCG products to meet basic physiological needs,

trunks to meet quality life, etc. In 2017, the top five of the most popular in

China's business gift market are trunks, household items, digital electronics,

personal health and small home appliances.

Looking forward to predicting the future as well as the consumption trend,

mobile electronics related products and products that improve the quality of

private life will be set off a new consumption trend. Only by focusing on

consumers, continuous consumption upgrading and seizing New Retail

opportunities can suppliers stand on a firm footing.

At the end, China (Shenzhen) International Gifts, Handicrafts, Watches &

Houseware Fair will be postponed to May 25th to 28th, 2020 in Shenzhen World

Exhibition & Convention Center.

Visitors may also pay attention to our official website

(http://en.reedhuabo.com/ ) for more information.

SOURCE: Reed Huabo Exhibitions