The INTERNATIONAL HOME HOUSEWARES SHOW is hosted by the National Household Products Manufacturers Association
The INTERNATIo
nAL HOME HOUSEWARES SHOW is hosted by the Natio
nal Household Products Manufacturers Association, which has an annual retail sales of more than $200 billion. The exhibition began in 1928 and is the largest and most effective in the United States. Professio
nal Housewares Exhibition, and one of the most famous exhibitions in the world with the oldest exhibition of household goods. The exhibition was the highest repeating exhibition in the US co
nsumer goods exhibition, in which the effects of plastic products, stainless steel products and cleaning products were particularly significant. Among the top 25 retailers in the United States, 99% of the companies send at least one person to the fair, and each company sends an average of 12 people. 47.5% of the visitors came from wholesalers and bulk buyers, and 45.2% came from retailers. The establishment of the China Internatio
nal Exhibition Area has enabled Chinese exhibitors to have the opportunity to expand their scale. Many exhibitors have respo
nded to the number of professio
nal visitors significantly higher than before. Among them, a large proportion of buyers are looking for partners, for high quality and competitive price. The Chinese products are highly valued. Participating in the 2019 Chicago Internatio
nal Gifts and Housewares Fair will be an excellent opportunity to expand your business opportunities.
In recent years, China's gift consumption market has been slightly sluggish. On the contrary, the US economy has grown strongly, purchasing power has increased, and novelty gifts have been continuously introduced and prices have stabilized, making the US gift market a promising sales prospect. Among them, the market size of American stationery and home office products has exceeded 100 billion US dollars, with an annual growth rate of more than 10%. According to a survey, two-thirds of American households spend an average of nearly $1,000 on office or school supplies in recent years, and 15% of home office stationery purchases cost as much as $2,000 a year. Collectible gifts are also popular, including collectible portraits, sculptures, dolls, plates, paintings and decorations, and their scale and sales continue to grow steadily. The United States is the main market for Chinese exports. American importers and wholesalers who have undergone a “shuffle” of sales structure will actively purchase goods from Asia, especially in mainland China. At the same time, the general trend of the renminbi depreciation against the US dollar will also benefit Chinese exporters to explore the American market.
According to the statistics of the US Department of Commerce, from January to May 2018, the import and export volume of bilateral goods between the United States and China was US$258.04 billion, an increase of 9.0%. Among them, the United States exports to China 52.90 billion US dollars, an increase of 7.8%, accounting for 7.7% of the total US exports; the United States imports from China 205.14 billion US dollars, an increase of 9.4%, accounting for 20.1% of the total US imports. The US trade deficit was US$152.24 billion, an increase of 9.9%. As of May, China is the third largest export market and the largest source of imports for the United States.
DATE：2019-02-16
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