Le Lézard
Classified in: Tourism and vacations
Subjects: TDS, ASI

TFWA: Strong Visitor Figures for Regional Duty Free and Travel Retail Event

SINGAPORE, June 8, 2015 /PRNewswire/ --

TFWA Asia Pacific Exhibition & Conference 2015, the 20th event for the duty free & travel retail industry in Asia Pacific, closed on 14th May in Singapore after a very successful week.

To view the Multimedia News Release, please click:


With occupied exhibition space topping previous years at 9,118 m2 - up 9% on 2014 - and 292 exhibiting companies present (+12%), of which 73 were new to the show, there was a huge variety of products on display for the benefit of visiting buyers and agents.

Visitor numbers were considered satisfactory by organisers TFWA in a year which has been challenging for the duty free and travel retail industry, with aviation accidents, a new approach to gift giving and luxury consumption among the all-important Chinese travellers, financial instability and political tension in several countries and the resulting slowdown in the growth of air passenger traffic.

A total of 2,655 trade visitors attended the show, equivalent to last year, from 1,053 companies (+3%) of which more than a third were "key buyers" - duty free & travel retail operators and landlords from airports, airlines, ferry and cruise companies, cross-border and downtown duty free stores. 

"I was very impressed by the quality of the stands, the assortment of products on display and the energy around the show," said Erik Juul-Mortensen, President TFWA. "This year has not been easy for the industry in this region and, in light of that, we are really very satisfied with the number of companies present and the quality of the visitors."

Duty free & travel retail sales in the Asia Pacific region in 2014 totalled US$23.6 billion, up 5.5% on the previous year, according to provisional figures from independent analysts Generation Research, which ranks the region top in the global industry with 38% of total sales. The second largest region is Europe, followed by Americas, Middle East and Africa.

Forthcoming events organised by TFWA include TFWA World Exhibition & Conference from 18th to 23rd October 2015 in the Palais des Festivals, Cannes and the Middle East & Africa Duty Free Association Conference from 22nd to 24th November 2015 at the King Hussein Bin Talal Convention Centre, Dead Sea, Jordan. Details of these events can be found at http://www.tfwa.com.


     (Photo: http://photos.prnewswire.com/prnh/20150608/735945 )




These press releases may also interest you

at 12:52
Embraer announced today at the Farnborough AirShow that has signed a Letter of Intent (LoI) with an undisclosed customer from Spain, for up to five E195-E2 jets - three firm orders and two options. If all options are taken, the deal has a list...

at 12:49
Embraer and Mauritania Airlines announced today at the Farnborough Airshow 2018, a firm order for two E175 jets. The contract has a value of USD 93.8 million, based on current list prices, and will be included in Embraer's 2018 third-quarter backlog....

at 12:09
Once again, Celebrity Cruises is set to transform the industry with the unveiling of THE CELEBRITY REVOLUTION, a more than $500-million reimagining of the fleet in partnership with more than 500 leading architects, designers, and engineers designed...

at 11:20
Boeing announced today that Seacons Trading Ltd of Singapore has ordered a Boeing Business Jet MAX 7. The announcement during the 2018 Farnborough International Airshow showcases the continuing momentum for the new BBJ MAX family. "We are excited...

at 11:15
YMCA of the Rockies Estes Park Center will offer two gap programs this fall designed to provide young adults with valuable employment opportunities while also exposing participants to meaningful trainings and social experiences. ELEVATE (Aug....

at 11:13
Boeing [NYSE:BA] and GE Capital Aviation Services (GECAS) announced today that they have reached an agreement for 35 additional 737-800 Boeing Converted Freighters at the 2018 Farnborough International Airshow. The deal, which includes 20 firm...

News published on 8 june 2015 at 05:44 and distributed by: