6 – 8 March 2024
IMPACT MUANG THONG THANI,
BANGKOK, THAILAND
- …
6 – 8 March 2024
IMPACT MUANG THONG THANI,
BANGKOK, THAILAND
- …
Exhibiting Categories
THAIFEX - HOREC Asia 2024 features 9 exhibitor categories, including bakery & ice cream, cafe & bar, cleaning & laundry, dining, furnishing, kitchen, services, technology, and wellness. Click to download a Fact Sheet about the current exhibiting category trends.
Bakery
The Southeast Asia bakery products market is valued at US$10.89 billion in 2023 and is expected to grow to US$14.99 billion by 2028 (Mordor Intelligence).
Ice Cream & Gelato
The Southeast Asia ice cream market size could be US$ 9,529.27 million by 2028 (Business Market Insights). Ice Cream today is taking on new forms and flavours, plus has health benefits.
Cafe
In Southeast Asia, according to Statista Market Forecast, coffee market revenue will amount to US$8.2bn in 2023 while the tea market will amount to US$6.6bn in 2023.
Bar
The Asia Pacific region was the largest region for bars and cafes in 2022 (Business Research Company). The alcoholic beverage market is growing at 5.22% CAGR (Mordor Intelligence).
Cleaning & Laundry
The expected revenue for the cleaning and laundry care market in Asia is US$76.20 billion in 2023. Laundry Care itself has a market volume of US$43.36bn in 2023, according to Statista.
Dining
The global dining market is expected to reach US$5,194.60 billion by 2029 and Asia Pacific is the fastest-growing regional market for diningware (Grand View Research).
Furnishing
The global furnishings market was worth US$440 billion in 2022 (Mordor Intelligence). Furniture, mattresses, outdoor furniture, and interior design services contribute to growth.
Kitchen
In Southeast Asia, the current demand for commercial kitchenware is driven by quick-service restaurants. Statista estimates the market is worth US$276.7 million.
Services
The global franchising and brand licensing market size is projected to reach US$ 384,508 million by 2028 (MarketResearch). The Asia Pacific strategic consulting services market is rapidly growing too.
Technology
The hospitality industry is streamlining its goods and services by digitalizing. The smart hospitality market is expected to grow from $19 billion worldwide in 2021 to $133.7 billion by 2031 (Statista).
Wellness
APAC is the world’s largest wellness market valued at US$1.5 trillion in 2020 (Global Wellness Institute). It is also the largest regional market for physical activity at US$247 billion (ThefitSummit).
Exhibiting Trends
There are 6 key exhibiting trends featured at THAIFEX - HOREC Asia 2024. Download a Fact Sheet below to learn about the featured exhibiting trends.
Contactless
The processes, services, and technologies that minimize or eliminate physical contact between guests and staff or between guests and shared surfaces.
Digital Guest Experience
Digital Guest Experience is a comprehensive approach that focuses on the entirety of a guest’s interactions with the hotel or hospitality establishment.
Energy Efficiency
The hospitality and restaurant industries are some of the most energy and resource-intensive sectors of the economy.
Food Waste
Globally, 1.6 billion tonnes of “primary product equivalents” are wasted, of which 1.3 billion tonnes are edible.
Plant-based Menu
The market value of plant-based food was US$14.3 billion in 2022 and is projected to reach a value of US$88.00 billion by 2029 (Databridge).
Sustainability
With the promotion of eco-tourism, sustainable practices are shaping the HoReCa sector as hotels, restaurants and caterers strive to change their practices.
HoReCa
The HoReCa market is valued at US$3.574 billion in 2023 (Market Research Future) and could double in value over the next decade, to US$6.449 billion (at 6.77% CAGR).
Together, let’s elevate the industry to new heights at THAIFEX – HOREC Asia 2024!
#thaifexhorecasia #togetherforhoreca