Gifts & Lifestyle Middle East to cater to burgeoning UAE gifting market
With the UAE’s dining and giving market predicted to grow 4.16 per cent (CAGR) up to 2023, local and international suppliers will descend on Dubai in March in a bid to increase business at Gifts & Lifestyle Middle East, the three-day trade show which will provide a platform for buyers and sellers of gifting products.
The event, which is organised by Messe Frankfurt Middle East, will be co-located with Paperworld Middle East, the largest international trade exhibition for stationary, paper, gifts and office supplies in the Middle East, and will run from March 9-11, 2020, at Dubai World Trade Centre (DWTC). According to market research from Euromonitor International, the UAE’s dining and giving market will grow from $12.5bn to $14.1bn by 2023, signalling a significant appetite from companies in event management, hospitality, F&B, interior design, and architecture.
“The MICE, hospitality and food and beverage industries have a large impact on the gifting industry, and with Dubai and Saudi Arabia underlined as key markets for growth, it’s imperative to have a presence in the region,” explained Charbel Ayaltouny, a spokesperson for STOR – a Spanish-based designer, manufacturer and distributor of household goods. “There’s a strong culture of corporate gifting in the UAE and the greater MENA region which is especially prevalent in the booming meetings, incentives, conferences and exhibitions (MICE) markets,” said Alexandria Robinson, show director of Gifts & Lifestyle Middle East and Paperworld Middle East. “As the demand and supply for these events increases, we will also see an uptick in demand for products that fit into the corporate gifts category.” Gifts & Lifestyle Middle East will also host a dedicated section for leather goods, a market segment Euromonitor International has predicted to grow by $21mn over the next 12 months in the UAE. End-user leather items will be a key focus for the show as exhibitors from Italy, Egypt and South Africa will showcase products ranging from clothing and shoes to bags, wallets, belts, and luxury accessories. “Having a strong presence of leather goods manufacturers is paramount for the show,” added Robinson. “Quality products and a high standard of workmanship dovetails with the culture of gift giving in the Middle East – which is a symbol of respect often present during corporate meetings.”
