Latest News

Back to Latest News back


Hong Kong’s exhibition industry delivers US$4.6 billion economic benefit

Hong Kong’s exhibition industry delivers US$4.6 billion economic benefit
November 17, 2011

Hong Kong's exhibition industry contributed HK$35.8 billion (US$4.6 billion) to the local economy in 2010, equivalent to 2.1% of Hong Kong's total GDP, while generating the equivalent of 69,150 full-time jobs.

The report, commissioned by the Hong Kong Exhibition and Convention Industry Association (HKECIA), revealed that the exhibition industry continues to bring significant benefits to Hong Kong's economy not only by contributing substantial expenditure effects, but also by providing thousands of jobs for the exhibition industry and other service industries and supporting sectors, including hotel, food and beverage, retail, stand design and construction, and logistics and freight forwarding.

The latest in a series of biennial Economic Impact Study reports on Hong Kong's exhibition industry the report compared current performance with findings from the 2008 report, and showed that all the indicators moved upwards showing positive compound annual growth rates (CAGR). The economic benefit of the industry had rise by 18.6% from 2008 to 2010.

The report attributes the strong growth of the past two years to the continued high level of global sourcing activities for products from Mainland China and other Asian countries. At the same time, businesses from around the world are increasingly looking to use Hong Kong's exhibition platform to introduce their products to the growing markets in Mainland China and other Asian markets. This is a situation that, according to the report, is likely to continue and will provide the city with ongoing exhibition growth opportunities.

HKECIA Chairman Daniel Cheung backed the report's assessment, noting clear signs that the world's centre of economic gravity is continuing to shift eastwards.

Identifying local drivers for the growth shown by the study, Cheung stated "this increasing business activity has come about due to the addition of new exhibitions, growth of recurrent shows at the two venues AsiaWorld-Expo and the Hong Kong Convention and Exhibition Centre (HKCEC), as well as increased exhibition space arising from the expansion of the HKCEC in 2009."

The report gives precise estimates of various economic benefits arising from the exhibition industry, but also mentions the many important intangible benefits generated by the exhibition industry.

These benefits are less easy to measure but are nevertheless very real.

Here Cheung stated "exhibitions are important factors in raising Hong Kong's international status. Currently, Hong Kong hosts five of the world's largest trade exhibitions and seven of Asia's largest trade exhibitions. Record-breaking events like this reinforce and publicise Hong Kong's profile as a reliable, successful and dynamic place to do business of any kind, creating a momentum which keeps Hong Kong high in global public awareness as an ideal business location.

"The report confirms that the exhibition industry is a driving force behind Hong Kong's economic strength. Exhibition activities are key to the development of import and export opportunities, and are also essential marketing platforms by which our SMEs can make international business contacts without the expense of travelling overseas."

Reflecting on the overall implications of the report, Cheung concluded "while we are pleased with the findings of this carefully researched and objective report, we need to be mindful of ongoing competition from the region. To take full advantage of market trends, Hong Kong's exhibition industry must remain proactive and continue to invest so that our facilities remain second to none, and our service standards unmatchable."


Expenditure effects - 2010: HK$35.8 billion; 2008: HK$30.2 billion; Growth: 8.9%
Fiscal impact - 2010: HK$1.1 billion; 2008: HK$920 million; Growth: 10.7%
Employment - 2010: 69,150 FTE; 2008: 61,000 FTE; Growth: 6.5%

For more information go to

Image: AsiaWorld–Expo featured as the cover story in the January/February 2011 issue of Australasian Leisure Management.


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.


supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all


Rhinoplay offers playground equipment in Australia that is safe, durable, and most importantly fun! We specialise in creating unique indoor playgrounds for play centres and outdoor playgrounds for…

read more

Parks / Play / Surfaces



HQH Fitness is an international company that specialises in improving the health, fitness and wellness of people everywhere. We are the South Pacific distributors for Total Gym/GRAVITY Education and…

read more

Fitness / Recreation / Technology / Wellness



Gunnebo is a global provider of security and access control solutions and services with sales companies in 31 countries in Europe, the Middle East, Africa, Asia, the Americas and Australia.…

read more

Attractions / Entertainment / Security / Ticketing / Venues



Hidroplay welcomes you to the exciting world of children's Playscapes, waterslide's and Water Attractions. Appealing to families, Hidroplay increases patronage in your facility during those…

read more

Aquatics / Play / Recreation


The Jump Pad

The Jump Pad is a safe, flat inflatable made in a variety of sizes which can be used indoor or outdoor. From 3mx3m up to a whopping 9mx21m. Markets include Indoor and outdoor playgrounds, schools,…

read more

Attractions / Entertainment / Play



Lander & Rogers' Sports Business Group is the leading sports law practice in Australia, representing over 150 national and international sporting bodies. Our clients include international…

read more



HTS Group Ltd

HTS Group Ltd provides a complete design, system integration, installation and maintenance package to the transportation, traffic engineering, parking and sports timing industries in New Zealand,…

read more

Aquatics / Events / Sport / Technology


Anti Wave International

Anti Wave International is the original suppliers of top performance swim, aquatic sports, leisure and pool programming equipment. Founded in 1971, Anti Wave International is proud of its…

read more

Aquatics / Play / Sport


get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business