Reed Huabo Exhibitions Provides Analysis on China's Gifts Industry Market

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/ -- To help more the clients to know about now and the future, focusing on big data's digging and exploring, Reed HuaboChina (Shenzhen) International Gift Fairs Organizer now gives a thorough analysis about the Gifts Industry Market.
1
As consumption upgrading, population growth and other factors boosted the consumption in China's FMCG market, the consumption began to recover in 2017 despite the continuous declined. Its major consumer is concentrated in the middle class and the younger generation, the pursuit of a healthy and convenient quality of life is main trending. 2
In China, gifts mainly include business and welfare gifts. To the products wholesaler, the most valuable information is to have a clear understanding of the industry data, the post of purchasers, the consumption data of users, feedback, etc. 3
Gifts services suppliers started to enter the New Retail field. For the middle class, consumption has shifted from Taobao to Tik Tok, from price to quality. For the company, different types of companies have different requirements for products, so one should know the type of company to recommend appropriate gifts. 4
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Mar 17 2020 | 9:48 AM IST