With global demand for aerospace-grade fasteners set to climb at a CAGR of 7.6% until 2024 – thanks to a thriving aerospace industry – Fastener Fair France will devote an entire area to the sector at the Paris Expo-Porte de Versailles (hall 3.2), May 27 to 28, 2020.
“Nearly 100 international exhibitors have already booked their stand for 2020 to capitalize on the positive market outlook for industrial fasteners,” said Olivia Griscelli, exhibition director for Fastener Fair France, on behalf of the organizers Mack Brooks Exhibitions. Exhibitors from the fastener and fixing industry for the 2020 edition include BAFA SA, Scell-it, RMZ Austria, pgb-Europe, S+P France.
The unique aerospace area at the international fair will provide a great networking opportunity for buyers and sellers in the industry. Export giants like Airbus visited Fastener Fair France 2018.
“Visitors are more willing to invest when they have a unique marketplace to enjoy, which again has the support of the French Association of Fastener Distributors in 2020,” added Griscelli. “Out of the 161 international exhibitors in 2018, 75% received positive business enquiries.”
The international fair, the only one in France dedicated to fastener and fixing technologies, provides a great opportunity for exhibitors in the fastener industry to display their latest innovations and for companies who source and trade fastener and fixing technologies. It is one of a series of international exhibitions for the fastener and fixing industry, taking place in Germany, Italy, the United States, Mexico, and India.
“The fair comes at a key time, with buyers looking to step up their purchases to meet growing demand. Driven by a buoyant aerospace, automotive and construction industry, a 24% rise in the French aerospace-grade fastener market over 2020-2025 to reach $1 billion is foreseen and a 3% annual increase in industrial fasteners is forecast to total $2.8 billion, a study on industrial fasteners by the Freedonia Group shows,” said Griscelli.
Fastener Fair France
www.fastenerfairfrance.com
Filed Under: Fastener industry news
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