2016 Hongkong lighting products exports fell by 8%

2016, Hongkong lighting products exports fell by 8%.

Lighting products, Hongkong export variety, including table lamp, bedside lamp, floor lamp and portable lamp. Other main products are wall lamp and ceiling lamp, ceiling lamp, lighting equipment and decorative lamps, such as Christmas tree with complete sets of lamps, lampshades, etc..

Hongkong lighting products export performance

In the first half of 2016, Hongkong's total exports of lighting products fell by 12%. The main products, including lighting and lighting equipment, discharge lamp and battery operated portable lamps and other exports are down.

2016, Hongkong lighting products exports fell by 8%. Although Hongkong on U.S. exports of lighting products stable performance, but the EU and other China mainland export market is pale.

Industry characteristics

Hongkong lighting industry exports a variety of lighting products, generally used for residential decoration and home lighting. The largest export categories including portable battery operated lamps, such as flashlights, portable incandescent lamp, lantern, and outdoor sports, and / or diving with LED lights.

In addition, there are many companies operating table lamp, desk lamp, bedside lamp and floor lamp business. Other export categories include wall lamp and ceiling lamp, ceiling lamp, lighting equipment and decorative lamps, such as Christmas tree with complete sets of lamps, lampshades, etc.. The lamp shade and manufacturing material is plastic, die-casting, metal, glass, ceramic and polished crystal copper etc.. Some companies also produce neon lights, light signs and light brands for advertising or interior decoration.

Most lighting manufacturers in Hongkong have moved their factories to the mainland of China. The Hongkong office is responsible for product development, marketing and logistics support. They usually do product design, plastic injection molding, vacuum coating, enamel coating and assembly process.

In view of the rapid changes in the market and the continuous improvement of technology, Hongkong companies are focusing on the rapid response, in order to provide customers with efficient service. Many Hong Kong businessmen have further strengthened the quality assurance and environmental management system, access to ISO 9000 certification and ISO certification, such as the international recognized quality management system standards and environmental management system standards ().

distribution channel

Hongkong lighting manufacturers are mostly for overseas importers and distributors of production, including Europe, the United States well-known brands. Due to the increasingly fierce competition, ODM has expanded beyond the pace of OEM, Hongkong lighting company's main business. A small number of manufacturers and traders also promote their own brand or trademark lighting products.

Hongkong lighting company is also a direct sales of products to overseas hardware appliances and daily groceries large importers and regional distributors. Some companies also deal with overseas buyers in Hongkong. Some big companies in Hongkong more direct sales of products to large retailers in North America and Europe, such as hypermarkets, supermarkets and chain stores, and some are composed of small retailers purchasing groups or cooperatives, in order to reduce the level of distribution and related costs.

In recent years, overseas importers and distributors tend to issue small quantities of orders more frequently, and require the delivery of goods in a relatively short period of time, in order to reduce inventory. Part of the company in Hongkong, the reorganization of its procurement and production management system, in order to shorten the manufacturing cycle and cost savings to meet market demand.

Some of the major trade fairs provide opportunities for Hong Kong businessmen to promote their products, such as the international Show and and (International Home Housewares) in Chicago. Hongkong International Trade Fair held by the Hongkong Trade Development Council is another important event for Hong Kong businessmen to show their products to overseas buyers.

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