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Mack Brooks Exhibitions to Launch First Fastener Fair in Thailand, a Country on the Growth Path

By Mack Brooks Exhibitions Ltd , 2011-08-10 12:00:00

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Mack Brooks Exhibitions has announced that they will hold a new Fastener Fair at the Bangkok International Trade and Exhibition Centre ‘BITEC’ from 6 - 8 September 2012. Fastener Fair Thailand is part of the Fastener Fair series of targeted trade exhibitions for the fastener and fixings industry in key growth markets.
 
Thailand’s economy is booming. The country’s buoyant business climate has a particularly positive effect on industry sectors such as the automotive industry and its suppliers, the machine tool industry, the petrochemical industry, the construction industry, the medical technology sector, electronics and telecommunications as well as the energy sector. All of these industries play a key role in Thailand’s economy, providing excellent market opportunities for manufacturers and suppliers of the fastener and fixing industry.
  
Key industry sectors show high growth rates
 
In 2010 Thailand’s GDP has experienced its highest growth rate in fifteen years, and the forecast for 2011 and 2012 continues to be very positive, with a predicted growth rate of 4 - 5% per year. With a plus of 37%, last year was a record year for imports; and the large number of ongoing and planned investment programmes in the country promise further opportunities for foreign manufacturers and suppliers. However, as a centrally located country within the ASEAN free trade area, Thailand also shows impressive export rates; e.g. a 28.3% plus in the first quarter of 2011 compared with last year.
 
Forecasts for 2011 predict a 10% growth rate for the country’s automotive production. Last year the country’s car manufacturing sites had an output of 1.7 million units. While Japanese car manufacturers still account for the major investors in Thailand’s automotive industry, the USA and Germany show an increasingly strong interest in the country as a production site for car parts.  
 
Major infrastructure projects, such as the modernisation and development of the urban traffic network in Bangkok as well as the construction of a high speed train section across the country, provide high growth rates for the construction industry. Development projects in the Thai tourism industry, with extensive investments by local and international hotel chains, have increased demand for sanitary equipment and fittings.

Thailand’s electronics industry is also on the up. The country’s key player in this sector, Delta Electronics, could register a sales plus of 38% last year. While 85% of Thailand’s electronic goods production is meant for export, the country’s growing automotive and renewable energy sectors have a positive impact on the domestic demand for electronic products.  
  
Great opportunities for international fasteners and fixings industry
 
“A professional trade exhibition in an important industry sector such as fastener and fixing technology is vital in the face of the country’s economic growth potential and the large number of investment projects. With Fastener Fair Thailand 2012 we are able to present a dedicated industry event for manufacturers, suppliers and traders of fastener and fixings technology. For international exhibitors the new show offers a great opportunity to approach this buoyant growth market and to establish business relations, both with customers, and with potential local agents or partners,” explains Stephen Brooks, Chairman Mack Brooks Exhibitions.
 
Fastener Fair Thailand is part of the Fastener Fair series of targeted trade exhibitions for the fastener and fixings industry which includes Fastener Fair Hanover, Fastener Fair India, Fastener Fair Brazil and the flagship event Fastener Fair Stuttgart, Europe’s leading international trade fair for this industry sector.
 
This year, Mack Brooks Exhibitions has started to bring the highly renowned Fastener Fair brand to key growth markets in Asia and South America. Fastener Fair India was successfully held in Mumbai in April this year, and the fully booked launch event, Fastener Fair Brazil, will take place in S?o Paulo in November this year. With Fastener Fair Thailand 2012, Mack Brooks Exhibitions now offers a business platform for the fasteners and fixings industry in Thailand, one of the big emerging markets within the South East Asian region. 
 
The Fastener Fair Thailand exhibition profile covers a comprehensive range of products and services for the fastener and fixing industry, such as Industrial Fasteners and Fixings; Construction Fixings; Assembly and Installation Systems; Fastener Manufacturing Technology; Storage, Distribution and Factory Equipment;  Information, Communication and Services.
 
A variety of stand packages that make exhibiting at Fastener Fair Thailand as convenient as possible is available from the organisers. Detailed information on Fastener Fair Thailand will soon be available at www.fastenerfair.com

 

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