Major Events in the Consumer Goods Domain in Q1 2024 that Reshaped the Industry Landscape

The consumer goods domain has started the year 2024 with a series of notable events that unfolded in its first quarter. These events not only shed light on the cutting-edge consumer goods and modern lifestyle products such as consumer electronics but also showcased profitable plans and initiatives taken by leading organizations from different countries. Allied Market Research has listed some of the key events that altered the industry landscape during this crucial period.

CES’s Innovative Trends in Shaping Tomorrow

In January 2024, the Consumer Electronics Show (CES) 2024 attracted 130,000 + attendees and 4,000+ exhibitors from 150+ countries, featuring 1,200 startups across the globe in Eureka Park, Las Vegas, Nevada. Through this event, CES aimed to set innovative trends that can reshape the consumer electronics sector. CES allowed several business owners and CEOs to make face-to-face conversations and meetings, enabling them to foster the tech ecosystem. In this event, the industry leaders focused on the use of artificial intelligence-based innovations that includes laptops, tablets, handheld devices, mixed reality headsets, and AI-driven cars.

KeHE Summer Show – Offering Fresh Marketplace for Retailers

In February 2024, the KeHE Summer Show enabled retailers with ethical sourcing of high-quality and nutrient-packed products such as fresh-fruit drinks and other cold drinks during summer. In this event, held in Halls A-E of Salt Palace Convention Center, Salt Lake City, UT, KeHE disclosed its Fresh Marketplace brand, themed with “Stock Stores with Stories”. With the launch of this brand, the company aimed to partner with some of the most authentic food suppliers in the industry, fostering current food buying trends in summer. By undergoing such partnerships, KeHE envisioned to promote operational success, growth, continued partner success, and efficient business.

AFFI-CON – Promoting Frozen Food Businesses

In February 2024, the American Frozen Food Institute organized an event at Manchester Grand Hyatt in San Diego, to conduct business-to-business meetings, networking, and education on industry issues. AFFI-CON is the top business event for frozen food and beverage makers, suppliers, and logistic partners that attracts 500+ companies and 1,500+ attendees for one-on-one discussions on current and future opportunities. This event was a perfect opportunity for suppliers of product with at least 50% of U.S. agricultural origin to meet qualified buyers from around the world.

IEEE International Conference on Creating Future with Consumer Technology

In January 2024, IEEE conducted the 42nd international conference in Las Vegas, US, emphasizing consumer electronics that featured comprehensive, high-quality technical and industry programs covering traditional and contemporary topics. In this conference, top professionals came together from industry, government, academia from around the globe. These programs were delivered through lectures, interactive oral presentations, tutorials, mixed panels, industry forums, and high-profile keynotes. The conference provided ample networking opportunities for participants to share ideas, designs, and experiences on the state-of-the-art and future direction of consumer technologies such as wearable technology.

AFIA Pet Food Conference – An Exciting Line-Up for Pet Food and Pet Treat Manufacturers

In January 2024, the American Feed Industry Association (AFIA) organized a conference for pet food and pet treat manufacturers, equipment suppliers, and ingredient manufacturers at Atlanta. This conference offered a wide range of subjects including regulatory compliance, technical insights into pet food production, product claims, marketing strategies, and nutrition. It also created huge opportunities for students, both graduates and undergraduates, to present their reports. The conference also shed light on a comprehensive range of industry-specific topics.

GFFA – Reshaping Agriculture with Sustainability

In January 2024, the Global Forum for Food and Agriculture conducted a conference to discuss the future of food systems, in Berlin, Germany. In this conference, more than 2,000 international guests came together to discuss how to collaborate more effectively to achieve the Sustainable Development Goals of the 2030 Agenda to ensure that everyone has access to food. The conference featured 16 Expert Panels, 2 High-Level Panels, a High-Level Debate co-hosted by the Federal Ministry of Food and Agriculture (BMEL) and the Munich Security Conference (MSC), and an Innovation Forum among other events. Due to the rising climate and biodiversity crises, the high-level representatives of international organizations took essential steps to support agricultural practices and technologies that strengthen sustainable food production.

Shanghai International Consumer Goods Fair & Modern Lifestyle Expo

In March 2024, the Shanghai International Consumer Goods Fair & Modern Lifestyle Expo shed light on consumer goods and modern lifestyle products such as consumer electronics, and fast fashion. In this expo, held at Shanghai New International Expo Center (SNIEC), powerful alliances such as CCF and China goods joined together to offer the largest single-stop shopping platform for consumer goods. CCF 2024 showcased over 5,000 brands with new consumer electronics alongside lifecycle products. CFF brought brands together from different categories such as stylish kitchenware, cosmetics, personal care, restaurant equipment, and stylish home items.

The Tent Expo – A Huge Opportunity for North America’s Rental and Supply Industry

In January 2024, The Tent Expo was hosted by the Advanced Textiles Association (ATA), the most prestigious event for the tent rental and supply sector in North America. The expo gained immense popularity, being one of the largest gatherings of its kind, providing industry professionals with exceptional opportunities to network, display new innovations, and explore the latest trends and technologies that are shaping the tent rental landscape. Through this expo, industry professionals have availed training to learn the latest designs of tents, their usage and installment. They have also learned about future opportunities for their tent rental businesses.

UE – India’s Leading Jewellery Expo

From 26th of January to 28th of January 2024, United Exhibition, the Jewellery Expo, one of the India’s top jewelry exhibitions and sales, organized at the Residency Towers in Tamil Nadu, India. The exhibition aimed at a high-end clientele and offered a stunning showcase of contemporary and exquisite jewelry collections from renowned jewelers, dealers, and retailers. In this expo, visitors got an opportunity to browse a curated selection of jewelry, from traditional designs to contemporary masterpieces, and even made significant purchases.

EuroGastro – Redefining Hospitality, Restaurant, and Catering Industries in Poland

From 12th of March to 14th of March, EuroGastro 2024, a leading international trade fair took place in Warsaw, Poland. This event was dedicated to businesses in the hospitality, restaurant, and catering industries (HoReCa). EuroGastro brought together top companies, experts, and practitioners to maximize the potential of the industry. By showcasing innovative technologies, streamlining business operations, and enhancing the HoReCa sector in the region, it provided a platform for growth and development.

IERC 2024 – Promoting Circular Economy Electronics industry in Austria

The 22nd International Electronics Recycling Congress, IERC 2024, was a prominent event for the Circular Economy Electronics industry. It was held in Salzburg, Austria from January 17th to 19th, 2024. This seminar brought together professionals from across the electronics recycling value chain. The event featured an exhibition area with over 60 booths that provided a platform for showcasing innovations and connecting with key decision-makers. Moreover, up to 500 international participants from various sectors attended the event, including material suppliers, collection organizations, electronics manufacturers, authorities, recyclers, and repair businesses.

The Sports & Active Nutrition Summit

In February 2024, The Sports & Active Nutrition Summit, organized by NutraIngredients-USA, was an event that brought together professionals from the sports and active nutrition industry. It provided a platform for industry leaders and research experts to collaborate, exchange ideas, and discuss the latest scientific advancements, strategic business initiatives, and regulatory updates in the field. The summit aimed to bridge the gap between these different aspects of the industry and facilitate productive discussions.

Marketing Outlook Forum – Bringing New Aspects in Tourism Marketing

The Marketing Outlook Forum camp was an annual gathering of tourism marketers from around the world, held at the Forum in Houston, Texas. The forum aimed to explore the latest trends and strategies in tourism marketing. The theme for the 2024 forum was "Exploring New Frontiers in Tourism Marketing." Some of the key topics that were discussed in this camp include the future direction of tourism marketing, the impact of technology on marketing strategies, the importance of sustainability in marketing practices, emerging trends in social media marketing, and the evolution of customer experience in the tourism industry.

Insomnia Festival – Coming Back with Non-Stop Gaming Fun in Birmingham

In March 2024, Insomnia festival held at NEC Birmingham, the UK's largest event space and home to your favourite shows.The event offered a non-stop gaming fun to individuals by creating immersive experiences. It included a wide range of playable games, live esports tournaments, cosplay contests, VR, AR, and live-action experiences. Through this thrilling event, gamers explored the latest gaming and tech innovations, and they got an opportunity to meet famous creators and voice actors.

International Tourism Fair FITUR

The International Tourism Fair FITUR, held in January 2024 in Madrid, was a remarkable event that broke all previous records with more than 250,000 attendees. This fair served as a global platform for industry professionals to engage in discussions, networking, and exhibitions that focused on travel trends and sustainability. Ecuador, the Partner Country of the event, showcased its diverse attractions and culture to the attendees.

AMR’s Verdict: Shaping the Future Wide Possibilities in the Consumer Goods Sector

The first quarter of 2024 witnessed a revolutionary shift in the consumer goods sector, with a lot of key events paving the way for its sustainable future. From the initiatives taken by EuroGastro trade fair to refine hospitality, catering, and restaurant industries to the steps taken by IERC to promote circular electronics economy have left an indelible mark on the industry. These valuable events, seminars, expos, and camps, and the surge in the adoption of sustainable practices across numerous fields have brought new aspects in the industry. To identify emerging opportunities and market trends in the industry, feel free to reach out to our esteemed analysts today!

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