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The 15th edition of the Trade Fair Industry in Asia annual report, published by the Global Association of the Exhibition Industry (UFI), summarised the progress of the meetings, incentives, conventions and exhibitions (MICE) industry in Asia in 2018.
The report says some well-developed trade fair markets in the Asia-Pacific region grew steadily in 2018, among them the Macao market, which grew by 5.2 percent, putting it in the top 10. The Macao market excelled, the average rate of growth in the regional market for trade fairs having been only 4.8 percent in 2018.
The UFI took into account 27 business-to-business exhibitions held in Macao in 2018. Its report estimates that the revenue of the MICE industry in Macao reached US$55.4 million in 2018, and that the size of exhibition space the industry sold rose to 228,750 square metres, marking a growth of 16 percent compared to five years ago.
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The 15th edition of the Trade Fair Industry in Asia annual report, published by the Global Association of the Exhibition Industry (UFI), summarised the progress of the meetings, incentives, conventions and exhibitions (MICE) industry in Asia in 2018.
The report says some well-developed trade fair markets in the Asia-Pacific region grew steadily in 2018, among them the Macao market, which grew by 5.2 percent, putting it in the top 10. The Macao market excelled, the average rate of growth in the regional market for trade fairs having been only 4.8 percent in 2018.
The UFI took into account 27 business-to-business exhibitions held in Macao in 2018. Its report estimates that the revenue of the MICE industry in Macao reached US$55.4 million in 2018, and that the size of exhibition space the industry sold rose to 228,750 square metres, marking a growth of 16 percent compared to five years ago.%0D%0DReference Link : %0Dhttps://www.ipim.gov.mo/en/publication/issue-75-dec-2019/current-events/report-on-asian-trade-fair-market-notes-growth-of-macao-mice-industry/){kind=link}