Product Industries- Highlight
15 Nov 2019
HKTDC conducted face-to-face interviews with 233 buyers and 72 exhibitors attending CENTRESTAGE 2019. The survey results show that the industry is less optimistic about the market outlook for the next 12 months, with more than 15% of buyers and nearly 40% of exhibitors expecting sales to drop, thanks largely to the slowing global economy and the recent inclusion of apparel in US tariffs.
With rising incomes and more sophisticated demands, Philippine parents are increasingly looking for high quality baby and maternity products. Hong Kong exporters may consider partnering with the modern grocery retailers and specialist stores, which are the major distribution channels for this category. Meanwhile, selling through online platforms is an ideal way to test the market.