30 Years of International Exhibition Experience
For three decades, we've been immersed in the world of international exhibitions. Since its inaugural event in 1991, ChinaFish has stood as a testament to our dedication. To you, our esteemed international buyer, we extend heartfelt gratitude for your unwavering support and collaboration throughout these 30 years.
It's quite common for fishing tackle distributors abroad to engage in both fishing tackle and fishing yacht businesses, particularly with fishing boats. Each year at ChinaFish in Beijing, numerous China-made fishing boats are showcased, capturing the interest of manufacturers and attendees like you. However, because the exhibition primarily focuses on fishing tackle, the number of fishing boat exhibitors is limited, thereby restricting your options. Hence, there's a clear need for a comprehensive exhibition that encompasses fishing tackle, boats, and outdoor products such as recreational vehicles, equipment, and accessories. This is entirely feasible in China, and we've been actively addressing this need, putting considerable effort into making it a reality.
China's Boat and Fishing Tackle Manufacturing Base
The first China (Yantai) International Fishing Tackle, Boats, Outdoor Show debuted in Yantai, China. Subsequently, in 2018, the CGC SHOW relocated to the Weihai International Exhibition Center in Weihai. Now, the 10th CGC SHOW is poised to move to a new venue, the Weihai International Economic and Exchange Center, in 2024.
Weihai was ultimately chosen due to its status as a globally renowned manufacturing base for fishing tackle, yachts, and boats, particularly fishing boats. According to available data, Shandong Province is home to approximately 166 boat and yacht manufacturing enterprises, with 84 located in Weihai alone, specializing in boat production and accessories. The industry boasted a yearly output value of around USD 300 million in 2019, surging to USD 500 million in 2020, representing 1% of the world's annual boat output value. Concurrently, China-made fishing tackle already commands an 80% share of the global market. These statistics underscore the boundless potential of China's boat manufacturing industry.
In the next decade, we anticipate an average annual growth rate exceeding 30%. Currently, over 17 provinces, municipalities, and more than 80 central cities have initiated plans and projects for landscape and water development, with many governments expressing intentions to bolster the boat industry. Concurrently, the industry chain is achieving greater balance, with improvements in equipment and services becoming increasingly evident. Overall, we foresee a significant growth surge in the Chinese yacht industry, projected to reach an estimated USD 5 to 7 billion within the next decade.
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