5th Taiwan International Fastener Exhibition Taiwan International Fastener Show 2018 successfully completed on April 12. This year the exhibition broke another record since the opening of the exhibition complex in Kaohsiung: 415 exhibitors and more than 1,107 booths took part in it.
The three-day exhibition attracted 2,193 international buyers from 73 countries. The event was attended by more than 30,000 domestic and foreign guests. Up to 90% of buyers expressed their approval and satisfaction with this year's exhibition, and more than 80% expressed their intention to attend this exhibition in 2020.
The top ten purchasing countries included mainland China, Japan, India, the United States, Germany, Italy, Malaysia, Vietnam, South Korea and Thailand. This year the number of visitors from Italy, Germany, Thailand, Brazil, Russia and France has increased significantly.
Exhibitors were pleased with the quality and quantity of international buyers visiting the exhibition. Most buyers had specific purchasing goals. Many exhibitors noted that the majority of visitors were active buyers, which helped expand export sales. It is clear that the fastener exhibition achieved its goal of stabilizing the existing market and expanding the customer base.
Within Taiwan International Fastener Show 2018 Many events were held, including the Global Fastener Summit, which took place on the opening day of the exhibition. The European Fastener Distributor Association (EFDA), car manufacturer Mercedes Benz (Germany), Vissart Europe (France), TR Fastenings (UK) and QST International (Taiwan) were invited to participate in the summit. The managers and specialists of these organizations analyzed the state of the fastening industry and market trends for fasteners for the automotive industry. The summit was attended by more than 250 representatives of the fastening industry from 19 countries, including Taiwan, the United States, Germany, Italy, the United Kingdom, Spain, India, Poland, China, Brazil, South Korea and Japan. All speeches at the summit were also broadcast live to more than 1,600 online viewers.
During Taiwan International Fastener Show Meetings between fastener manufacturers and buyers were held. Fifty-one heavyweight buyers from Germany, the US, Russia, France, Brazil and South Africa were invited to participate in 230 negotiation sessions with 78 Taiwanese exhibitors, creating a platform and potential business opportunities worth up to US$270 million. The first “One on One - Employment” event attracted 6 domestic manufacturers and 16 candidates, and 46 relevant sessions were held during the event. Five applicants were potentially hired as production employees. The two workshops focused separately on the Indian and Indonesian fastener markets on smart manufacturing and attracted more than 300 fastener manufacturers.
