LED sales and increased demand in Russia and the Chinese Mainland are fuelling optimism in the lighting industry, according to a recent HKTDC survey at the Hong Kong International Lighting Fair (Spring Edition) held in April 2013. The findings also show a higher degree of optimism in the industry than that demonstrated at the already buoyant October 2012 fair.
In China, as people are living longer and the elderly population continues to rise, market demand for healthcare products designed to meet the needs of seniors for home safety and physical health is fast expanding. Meanwhile, gradual development of senior services and introduction of different kinds of senior healthcare concepts are helping to bolster the demand for elderly healthcare and rehabilitation products.
Hong Kong-based Biba Toys began to pursue the China market in recent. Having explored different distribution channels, Biba Toys finally decided to work with distribution agents. General manager Perry Yip shared his experience which can serve as reference for industry players interested in venturing into China’s domestic market.