Shenzhen, 4 January 2024. Soon after closing doors on their most recent success, the organisers of Yarn Expo Shenzhen have announced this year’s show will take place from 5 – 7 June 2024 at Shenzhen Convention & Exhibition Center. Ms Wilmet Shea, General Manager of Messe Frankfurt (HK) Ltd, highlighted the modified event’s ongoing importance: “To harness the power of positive momentum off the back of our previous business-friendly fair, bringing the next edition forward to encourage mid-summer sourcing was appealing to a majority of our exhibitors. Meanwhile, the venue has been chosen to further leverage the city’s advantage as a key access point to the global yarn and fibre market, and attract more international and domestic visitors.”
The new venue in Futian District, where the next edition will be held concurrently with three other textile trade fairs, is situated in the heart of Shenzhen’s CBD, and expected to attract higher than the over 22,000 visits received at the fairs’ previous editions. The city itself is home to more than 2,500 apparel brands, around 90% of which are privately held[1], and is the focal point of the Greater Bay Area (GBA) textile production hub.
Globally, the yarn textile market is still rising steadily, projected to experience a CAGR of 5.1% from 2023 – 2028, and reach USD 18.5 billion by the end of the forecast period[2]. This is driven by factors such as growing populations and increasing urbanisation, and bodes well for both yarn-producing strongholds and exhibitors at the upcoming Yarn Expo Shenzhen.
One market evolution still gaining traction is the progress of sustainable yarns and fibres. Speaking at the previous edition, Ms Amy Yuan, Marketing Manager at Bettertex, said: “We can leverage our export business at Yarn Expo Shenzhen, since the GBA has a strong connection with the international market as well as high domestic demand. With the new generation of consumers more receptive to green and functional products, we have been focusing on developing these more high-end products. During the fair, we met more foreign than local customers, who found our products to be very innovative, such as our fibres with skin-care functions, and reyon fibres made from ginger for keeping warm.”
Yarn Expo Shenzhen 2024 will be held concurrently with Intertextile Shenzhen Apparel
