Taiwan International Fastener Show to open May 3rd

Tapei, Taiwan – The Taiwan International Fastener Show (Fastener Taiwan) is being organized by the Bureau of Foreign Trade, Ministry of Economic Affairs, and co-implemented by the Taiwan External Trade Development Council (TAITRA) and the Taiwan Industrial Fasteners Institute. It will be held at the Kaohsiung Exhibition Center from May 3rd to 5th, 2023. The exhibition will host 283 exhibitors, occupying 835 booths. After a five-year hiatus due to the pandemic, the Fastener Taiwan pre-show press conference was held on April 12th to discuss breakthroughs and the latest developments in Taiwan’s fastener industry amid global economic and trade turbulence. The conference was attended by prominent industry leaders and experts from various sectors of the fastener industry and marked the beginning of the exhibition’s new position as “Where Quality Sets the Pace.”

The CEO of TAITRA, Mr. Simon Wang, revealed the highlights of this year’s exhibition and the exciting array of peripheral activities. The exhibition will focus on the three major features of Taiwan’s fastener products: “high-end,” “high-tech,” and “high-value” with well-known domestic and foreign industry players gathering together. This includes the new exhibition area “Materials, Moulds, Tools area,” with exhibitors such as New Best Wire, Wu Jii, and Swiss Steel; the “Nuts, Bolts, and Screws area” with exhibitors such as Zyh Yin, Pro Power, Taiwan Steel Group, Sheh Fung Screws, and Lu Chu Shin Yee; the “Machinery & Manufacturing area” with exhibitors such as Jern Yao, Chum Yuan, Tycoons Group, and the Italian company Sacma. The exhibits encompass the fastener industry’s entire supply chain, interlinking the fastener industry ecosystem.

Fastener Taiwan 2023 will feature exciting peripheral events including an online exhibition, industry forums, procurement meetings, guided tours, and ManufacturersWin Podcast. One highlight of the exhibition is the “Global Fastener Industry Forum” that will be held on the exhibition’s first day. This event will bring together presidents of fastener distributor associations and industry leaders from the United States, Italy, and Germany, as well as experts from related fields to share their insights on the future outlook of the global fastener market, Net Zero Emissions, smart manufacturing, fastener applications in electric vehicles, medical devices, aerospace, and other hot topics, providing attendees with an overview of international trends throughout the fastener industry. The three-day exhibition is expected to attract over 10,000 domestic and foreign companies and professionals to participate and exchange ideas, making it one of the most influential international events in the global fastener industry.

During the conference, industry representatives discussed ways to enhance the overall economy of the fastener industry, future international development trends in the post-pandemic era, and how to respond to challenges such as geopolitical issues, global inflation, and climate change. They also talked about the impact of the EU Carbon Border Adjustment Mechanism (CBAM) and the US Clean Competition Act (CCA) on the Taiwanese fastener industry. Industry leaders believe that the Taiwanese fastener industry should proactively respond to these new laws and policies, continue to improve the quality and efficiency of its products and services, and comply with international market norms. Furthermore, Taiwanese fastener companies should continuously incorporate automation, intelligence, and dataization into the production process to accelerate industry transformation and upgrade. They should also strengthen international cooperation, expand into emerging overseas markets, and develop new products and services to improve their competitiveness and market share.

The highly anticipated Fastener Taiwan 2023 will provide a highly influential and profitable platform for the industry. With its diverse exhibition content, the event will offer new and exciting exhibition experiences for all exhibitors and industry professionals, creating new opportunities and momentum for the development of Taiwan’s fastener industry. The physical exhibition will run May 3rd–5th while the online exhibition will continue until May 16. For the latest news and event details, please visit the official website (www.fastenertaiwan.com.tw). Related industry personnel are welcome to pre-register for attendance.