Global pet trade shows boom as industry booms
Shanghai — According to Precedence Research, the global pet care market is expected to be valued at US$598 billion by 2033, and international pet trade shows are becoming an indispensable center for innovation and networking in the industry. The 26th Shanghai Asia Pet Expo, hosted by China's Globus Events, set a new benchmark for success last August. The show covers an area of 300,000 square meters and attracts more than 2,500 exhibitors showcasing breakthrough products and innovations. The show attracted a record 124,000 attendees from 91 countries, representing a 41.8% increase in international visitors compared to 2023. International attendees account for 10% of total attendance, making it the most diverse show in the world in its history. The 2024 Asian Pet Expo set a record number of visitors. David Chung, president of Globus Events and founder of Asia Pet Show, said: "Despite the current economic environment full of uncertainty, the growth in the scale and number of visitors to Asia…
Lion City roars: Singapore’s convention and exhibition industry booms
SINGAPORE - The Lion City's trade show scene is booming - thanks to the city-state's strategic location, business-friendly environment and modern, state-of-the-art infrastructure that make it attractive to exhibitors and visitors alike . New conference centers and exhibition spaces such as the Sands Expo and Convention Center, named "Best MICE Destination" (Asia) at the 2022 M&C Asia Stella Awards, provide increased capacity and flexibility for exhibition organisers. “This is the center of Asia, with a high degree of internationalization and complete infrastructure,” said Elaine Chia, CEO of Comexposium Asia Pacific. The company hosted the Asia Pacific retail event for the first time this year. It takes place from June 11 to 13 at the Sands Expo and Convention Center. With an expanding events calendar, Singapore is poised to expand its position as Southeast Asia's leading trade exhibition hub. EXPO REAL, Europe's largest real estate and investment trade show, has heard this call and has added the inaugural EXPO REAL Asia…
Artificial intelligence booms in packaging market, valued at $7.337 billion
this Global Artificial Intelligence for Packaging Market is on a strong growth trajectory and is expected to grow from US$2.679 billion in 2023 to a An impressive $7,337 Will reach 1 million by 2033. This significant growth reflects the increasing integration of artificial intelligence technology in various packaging processes. The market is expected to experience strong CAGR (Compound annual growth rate) is 11.26% From 2024 to 2033, this indicates a strong upward trend driven by innovation and changing consumer needs. Also Read: Artificial Intelligence and the Future of the Packaging Industry exist 2023Artificial Intelligence in Packaging Market Sees North America become a leading force, Ensure more than 38% share. The market demand in this area is strong and the value is approx. $1.018 billion. This significant valuation highlights the widespread adoption and integration of AI technology in a variety of packaging applications, from automated assembly lines to advanced quality control systems. These forecasts indicate that this segment will expand significantly…
Artificial intelligence booms in supply chain industry: $157.6 billion in revenue
introduce worldwide Artificial Intelligence in Supply Chain Market is expected to grow significantly, reaching approx. Will reach $157.6 billion by 2033. That's a huge leap compared to its valuation $4.5 billion in 2023driven by the growing demand for efficient and automated supply chain solutions across industries. impressive The compound annual growth rate is 42.7% The forecast period highlights the increasing reliance on artificial intelligence technology to streamline operations, optimize logistics, and enhance decision-making capabilities. Also Read: Artificial Intelligence in Supply Chain Management: Revolutionizing the Future of Logistics 2023, North American market dominatescapture multiple 37.9% share and yields approx. US$1.7 billion. This dominance is largely due to the region’s early adoption of advanced AI technologies, as well as significant investments in supply chain innovation. The potential of artificial intelligence in reducing operating costs, improving demand forecasting, and increasing overall supply chain transparency is expected to drive rapid growth of the market. As companies around the world continue to prioritize efficiency, the…
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