Hong Kong Watch Fair Draws 17,000+ Global Buyers, Signals Industry Optimism
On.cc · 1 SOURCESabout 2 hours ago2 MIN
Summary
The 45th Hong Kong Watch Fair and 14th International Watch Gallery concluded on September 5, attracting over 17,000 trade buyers from 115 countries and regions. The five-day exhibition, co-organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association and Hong Kong Watch Council, showcased over 400 brands and recorded significant growth from North American, ASEAN and Latin American buyers. Industry sentiment remains cautiously optimistic with 50% of surveyed exhibitors and buyers expecting sales growth in the coming 12 to 24 months.
Key Points
- The five-day exhibition drew over 17,000 buyers from 115 countries, with top source markets including Mainland China, Taiwan, India, Japan, Russia and the United States
- International Watch Gallery welcomed over 20,000 public visitors alongside CENTRESTAGE, displaying more than 400 watch and fashion brands
- HKTDC Vice President Lin Yufeng highlighted Hong Kong's role as the world's largest one-stop watch business platform and Asian procurement hub
- Survey of 890 exhibitors and buyers found 50% expect sales growth while 43% anticipate flat performance over 12 to 24 months
- Fashion watches ranked top for growth potential at 37%, followed by smart watches at 30% and casual watches at 26%
Why It Matters
The fair's ability to draw buyers from 115 countries underscores Hong Kong's continued relevance as a global trade hub despite geopolitical headwinds, while the survey's positive outlook for emerging markets like Latin America and the Middle East signals new growth corridors for Hong Kong's watch industry .
The fair's ability to draw buyers from 115 countries underscores Hong Kong's continued relevance as a global trade hub despite geopolitical headwinds, while the survey's positive outlook for emerging markets like Latin America and the Middle East signals new growth corridors for Hong Kong's watch industry .