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Home » Asia Retail Sales projected to amount to over US$10 trillion by 2018 – 2nd RetailEX ASEAN 2016 / POS & ID Expo 2016 aims to pave the way

Asia Retail Sales projected to amount to over US$10 trillion by 2018 – 2nd RetailEX ASEAN 2016 / POS & ID Expo 2016 aims to pave the way

July 6, 2016

The largest In-Store Equipment & Solutions Expo in Southeast Asia will be held in Bangkok, Thailand from 25th – 27th August 2016 at Hall 1, IMPACT Exhibition and Convention Center. This is the first time POS & Auto-ID Expo will be co-located with RetailEX ASEAN 2016 to secure its standing as the leading professional trade platform in Thailand which showcases technology in bringing better digital inter-connectivity to customers, and generates higher sales volume at a faster pace for businesses. 

Exhibition organisers IMPACT Exhibition Management Co., Ltd (IMPACT) from Thailand & Globe International Events Consultancy Pte Ltd (GIEC) from Singapore has teamed up once again with the Thai Retailers Association (TRA), to co-organize the 2nd edition of RetailEX ASEAN. With the Thai Shopping Centers Association (TSCA) as a new co-organizer of the 2 co-located shows with TRA, IMPACT & GIEC, RetailEX ASEAN & POS & Auto ID Expo 2016 are set to create a new benchmark in the ASEAN Retailing Industry.

The joint events will feature over 200 Thai and international exhibiting companies, showcasing a wide array of retail equipment, fitting design and solutions serving the whole retail industry with the POS and Auto-ID technology serving the retail industry as well as the hotel, restaurant & manufacturing industry. This provides the most complete trade platform for exhibitors to market themselves profitably, increase brand image & create awareness, network & extend customer base as well as identify and tap on new opportunities in Southeast Asia. 

The outlook for Asia’s consumer goods and retail sector represents a bright spot. Sales growth in the region will be the fastest in the world over the next five years, averaging 8.5% in US dollar terms and 4.6% in average volume terms. This compares to global average rates of 5.6% and 3% respectively and to Western European rates of 0.6% and 0.8% respectively. By 2018, Asian retail sales are expected to amount to over US$10 trillion, almost half of the US$23 trillion in sales generated by the world’s 60 largest economies and twice that of North America, the next largest region. 

Also, the outlook for Asia looks promising with millions of connected, sophisticated, urban dwellers – consumers who will readily buy products. (Source: www.pwc.com) This massive market encourages global retailers looking for new paths to expand in Asia. RetailEX Asean, co-located with POS & ID Expo provides an ideal platform for best networking and business exchange.  

Mr. Loy Joon How, General Manager of IMPACT Exhibition Management Co., Ltd. said, “Following the great success of the 1st edition of RetailEX ASEAN 2015 there was the generation of approximately 1 Billion Baht of trade volume during the show, the 2nd edition in 2016 promises more excitement to solidify its reputation as the leading trade, networking & knowledge hub for ASEAN Retail businesses. RetailEX ASEAN 2016 promises more opportunities with the co-location of POS & Auto-ID Expo. Both shows are targeting over 6,000 trade visitors from around the region and aim to offer countless business opportunities to the industry players in the Retail, POS & Auto-ID industry and also provide updates on the latest trends which are not to be missed.”

Wallaya Chirathivat, Senior Executive Vice President for Business Development, Design & Project Construction, Central Pattana Co. Ltd., commented “The retail industry in Thailand has been gaining a lot of developments and growth in recent years and it is without a doubt that the Thai and ASEAN market is now becoming one of the prime regions for investments in the world. The retailing environment in Thailand is expected to become more colourful in the coming years. Not only will new outlets increase, but new modern store layouts and formats will be introduced to match consumers’ lifestyles. Digital technology will have an important impact in terms of both sales and promotions. Domestic retailing will not aim to serve only local people, but international tourists are also expected to contribute to greater value sales.”

Dr. Chatchai Tuangrattanapan, Director of the Thai Retailers Association, said, “The 2-in-1 exhibitions are among the best platforms for better understanding of new trends, innovations and knowledge through the various conferences, workshops and seminars.”

Ms. Rosalind Ng Managing Director of Globe International Events Consultancy Pte Ltd (GIEC), Singapore mentioned, “Bangkok, Thailand was selected as an ideal location to stage POS & Auto-ID Expo in view of Thailand being the second largest economy and second largest consumer market in Southeast Asia. With a market of 67.7 million consumers, consumption expenditure takes up more than half of Thailand’s GDP.”

RetailEX ASEAN 2016 is the most updated retail platform for the Asia Pacific region where architecture developments and latest technological trends take center stage. Visitors will get to meet over 200 companies from a total of 15 countries.

Experts and leaders from Southeast Asia will also gather to share from their experiences at The ASEAN Retail & Shopping Mall Summit 2016 also held within Hall 1, IMPACT Exhibition and Convention Center on 25 and 26th August. Simply register now for your delegate pass at www.retailexasean.com. 

RetailEX ASEAN 2016 is the largest in-store equipment & solution expo in Southeast Asia. It is held with POS & Auto-ID Expo 2016 which is the only international exhibition for both POS and the Auto-ID technology catering to all industries, especially the hotel, restaurant and manufacturing industries. The 2 shows will be held from 25 – 27 August 2016, Hall 1, IMPACT Exhibition & Convention Center, Bangkok, Thailand. 

For more information, kindly contact the Co-Organisers, IMPACT Exhibition Management Co., Ltd. / Globe International Events Consultancy Pte Ltd (GIEC), contact as below.

For more information, please contact the Co-organisers:

IMPACT Exhibition Organizer, IMPACT Exhibition Management Co., Ltd, Thailand

Ms. Sukanya Tel: 0-2833-5308, Email: [email protected]

Ms. Rattikarn Tel: 0-2833-6390, Email: [email protected]

Ms. Kunweera Tel: 0-2833-6390, Email: [email protected]

Globe International Events Consultancy Pte Ltd, Singapore

Mr. Michael Ng Tel: +65 6702 3006, Email: [email protected]

Ms. Rebecca Lim Tel: +65 6702 3005, Email: [email protected] 

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