HONG KONG — April 16, 2015 — Yarn Expo Spring 2015, one of the leading fibre and yarn trade events in Asia, wrapped up on March 20 with a steady growth in its visitor number. The three-day event, which commenced on March 18 in the National Exhibition and Convention Center (Shanghai), was the second edition in Shanghai after it relocated from Beijing in 2014.
The fair attracted nearly 21,000 trade visitors from 46 countries and regions – with the top five being Mainland China, India, Korea, Turkey and Hong Kong – representing an increase of 3% compared to last year. “We are very happy to see the growth momentum continues into this year after we achieved a significant jump of over 200% last year when we first came to Shanghai to host our Spring Edition,” said Ms Wendy Wen, Senior General Manager of Messe Frankfurt (HK) Ltd.
Altogether 238 exhibitors from 15 countries and regions participated in the fair, while the popular Indian Pavilion and Pakistani zone returned once again. “Our members were all happy with the fair as we could make business contacts with not only Chinese customers, but also with those from outside China, such as from the Middle East,” said Mr Ravindranathan Narayanasamy, Joint Director of the Cotton Textiles Export Promotion Council (TEXPROCIL) from India, co-organiser of the Indian Pavilion. “This year, around 30% of the total visitors that came to our booths were from overseas, and 70% were from Mainland China,” he continued.
Indonesian exhibitors also agreed that this fair was a stepping stone for them to open up the global market. “This fair is important to us as we can meet with customers from around the world and we are happy with the responses we’ve got so far,” said Mr Anupam Agrawal, Director – Spun Yarn Business at PT Indo-Rama Synthetics Tbk.
Overseas Exhibitors Find Yarn Expo A Good Platform To Boost Sales
As the Chinese yarn and fibre market begins to improve, many fibre suppliers from around the world are trying to capture this opportunity to extend their business into China, and Yarn Expo Spring 2015 is one of the most ideal platforms to achieve this goal. “We saw more Chinese end users and manufacturers coming to the fair this year, showing an improvement in the visitor quality,” Mr Narayanasamy said, stating based on the results from the past several editions, 30% of visitors that came to the Indian Pavilion actually made an order with the suppliers after the fair.
Lahoti Overseas Ltd was one of the exhibitors under the Indian Pavilion that benefited from the enhanced visitor flow. “Our main purpose is to meet new customers here and we are satisfied with the results. Right now, we are exporting 2,000 tons of cotton yarn to China per month and with the help of this fair we want to increase it to 3,000 tons by the end of this year,” said Mr Vijay Nate, the firm’s Vice President in Export.
Echoing Mr Nate’s positive views is another Indian exhibitor: Square Corporation Synergy Exim Pvt Ltd. “I can see our Chinese customers are ready to make orders now, and I am confident that by the end of this year our export volume to China can increase by 20% and I think this fair can help us achieve this target,” said Mr Vivek Verma, Managing Director of the enterprise.
Mr Henry Yang from Lih Shyang Industrial Co Ltd in Taiwan was also happy with the new business potential brought by this fair. “We are extremely happy with the outcome of this fair. We met some very serious buyers from Finland. And I can tell they are very interested in our products, and what’s even more exciting is that they are looking for large-quantity orders. I regret not coming to this fair earlier,” said the manager of the Taiwan nylon textured yarn producer.
Synthetic Fibres: A New Trend In China
Other than a trade platform that brings the whole industry under one roof, the fair never ceases to impress buyers with the latest product trends, such as synthetic fibres that featured in the Chinese Pavilion which attracted a lot of attention. “China is getting better and better at producing man-made fibres, and the new trend in the country is that more and more cotton yarn producers are shifting their business focus to the synthetic fibre side,” said Mr Dickens Chen, Business Consultant at Shanghai Jiancheng Consulting Firm.
Sharing the same idea is Mr Xiaobing Min, Sales Manager of Chu-li Nano-material Technology Development Co Ltd in China. “Functional synthetic fibres will be under the spotlight next year and this is where the whole Chinese fibre market is heading right now,” Mr Min said.
With an expertise in producing synthetic fibres, the Chinese Pavilion became a popular spot for overseas buyers and Richardo Barboss from Portugal was one of them. “I am mainly looking for Chinese products as they have higher quality. I think specialty fibres, such as flame retardant fibres, will be popular as such products can be used in the home textile, sportswear and automobile sectors,” he said, stating he found a wide selection of such products at the fair.
Besides the latest products that are on offer, a Trend Area located in the Chinese Pavilion also revealed next year’s fibre developments. “Other than looking for products, I also came to find inspirations and learn about the product trends. I went to the Trend Area and found it is helpful for me,” said Jun Du from Baoxiniao Group Co Ltd, a famous brand-name garment manufacturer in Mainland China.
Cotton Yarn Buyers Happy To See Wide Selection Of Indian And Pakistani Premium Products
While synthetic yarns are the rising star in the market, cotton yarns still remain attractive to some buyers. “This fair is good as it has a complete selection of Indian and Pakistani exhibitors,” said Mr David Lei, Vice General Manager of Hebei Spring Textiles Co Ltd in China. “I am here mainly to learn about the new development in Indian and Pakistani cotton yarn products, and I am thrilled to see that their quality is getting much better now,” he continued.
Mr Mike Glukhikh from Russia was also amazed by Indian and Pakistani cotton yarn quality. “The product variety at this fair is good, and the product quality from India and Pakistan is improving rapidly, and I believe they will gain more market share in the future,” the Purchasing Manager of Sparta, a Russian garment manufacturer, said.
Yarn Expo showcased a wide spectrum of natural and blended yarns including cotton, wool, flax / regenerated flax, and man-made fibres and yarns as well as specialty products including elastic, and fancy and blended yarns. The next edition will be held from 13 – 15 October this year in the National Exhibition and Convention Center (Shanghai).
Yarn Expo Spring is organised by Messe Frankfurt (HK) Ltd; the Sub-Council of Textile Industry, CCPIT; China Cotton Textile Association; China Wool Textile Association; China Chemical Fiber Association; China Bast & Leaf Fibres Textiles Association; and China Textile Information Centre.
Posted April 21, 2015
Source: Messe Frankfurt (HK)