Southeast Asia（Malaysia） Vending Machines & New Retail Industry Expo 2024

The Southeast Asia Vending Machine & New Retail Industry Expo and the Southeast Asia Retail Technology &  Supermarket Equipment Expo are hosted by Guangdong Chamber of Commerce of Importers & Exporters and Guangdong Huachuang Digital Intelligence Exhibition Co., Ltd., with an exhibition scale of 10,000 square meters. With the theme of "gathering potential and empowering industries

Why Southeast Asia

According to the latest data released by the World Bank, the total GDP of the 10 ASEAN countries in Southeast Asia reached 3.4 trillion US dollars in 2021, and the total population of those countries in 2021 was about 657 million, with a huge number of users.

Malaysia: As Southeast Asia's third-largest economy, it has a young population and is keen on  shopping online through major social media. According to Bain analysis data, the Malaysian market size reached US$14 billion in 2021, a year-on-year increase of 68%. 

Thailand: Thailand has the highest Internet penetration rate in Southeast Asia other than Singapore, and it is developing rapidly. According to Bain analysis data, the market size of Thailand reached US$21 billion in 2021, a year-on-year increase of over 68%.

Vietnam: Although the local GDP per capita in Vietnam is low, consumers have a strong preference for electronic products in China. In 2021, the sales of local 3C home appliances grew rapidly, and the mobile e-commerce foundation was good. With a year-on-year increase of 53% in 2021, 3C home appliances have greater room for development.

Indonesia: Indonesia is the fourth most populous country in the world, with about 100 million people using the Internet, accounting for 38% of the total population, and 60% of these people live in large cities such as Jakarta and Bandung; 

Indonesia's economic growth is also very optimistic, and the income group of Indonesia's middle class is

expanding, which is expected to exceed 45 million people.