Friday, May 30, 2014

Vinexpo draws 1,300 exhibitors to Hong Kong

News this week: The 8th edition of Vinexpo Asia Pacific recently concluded at the Hong Kong Convention and Exhibition Centre (HKCEC) hosting 1,300 exhibitors. The three-day show featured wine and spirit brands from 34 countries, with French exhibitors taking up more than 500 booths. Vinexpo Asia Pacific was held from 27th to 29th May 2014.

According to the show’s organiser, an estimated 16,800 trade visitors were in attendance – up 6.4% from the previous edition in 2012. Vinexpo Asia Pacific also reported that despite a 2.5% drop in wine consumption in mainland China last year, China managed to overtake France as the world’s largest consumer of red wine in 2013.

Guillaume Deglise, CEO of Vinexpo, said, “This is the largest Vinexpo Asia Pacific ever. The markets of South East Asia and China are still booming. There are many markets in Asia where the middle class is expanding and this represents a great potential for the wine and spirits industry.”

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

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