Entrepreneurs expected at Franchising & Licensing Asia from 27 – 29 October 2022
More than 10,000 business owners, entrepreneurs and investors are expected to attend Franchising & Licensing Asia (FLAsia) 2022, Asia’s leading franchising and licensing marketplace, as it returns in a physical format from 27 – 29 October 2022 at the Marina Bay Sands Expo and Convention Centre in Singapore.
Presented annually by the Franchising & Licensing Association (Singapore) and organised by Constellar, the three-day conference and exhibition is making a robust return with a 40% growth in exhibitors compared to the last physical edition in 2019. It is also seeing strong international participation from countries and regions including Taiwan, Thailand, UAE, USA and Australia.
The franchise business model has continued to see strong growth globally in a post-pandemic setting. In the USA, the output of franchise businesses has been forecast to improve by close to 5% in 2022. Franchises’ GDP contribution in 2022 is also expected to be higher than pre-pandemic levels at 3%.
The 17th edition of FLAsia follows the theme of “Franchising Reset: Seizing New Franchise Opportunities in Asia Pacific” and will focus on connecting different players and components of the franchising and licensing community in the Asia Pacific region through the creation of new franchise ventures. The exhibition will be joined by over 250 brands, including newcomers such as MMA-inspired fitness UFC Gym and boutique capsule living concept CUBE Hotel, as well as popular restaurant chain 4Fingers Crispy Chicken.
Guest-of-honour Mr Alvin Tan, Minister of State for the Ministry of Culture, Community & Youth, and the Ministry of Trade & Industry, will deliver his keynote address at the FLAsia 2022 opening ceremony on 27 October. His address will be followed by opening remarks from Mr Andrew Khoo, President, Franchising & Licensing Association Singapore.
“The return of FLAsia in a physical format is an exciting opportunity for the franchising and licensing community to connect directly with customers and collaborators while strengthening their presence in Asia. The strong growth of this year’s edition reflects the favourable market conditions that will enable the community to scale their business in a post-pandemic landscape,” said Mr Khoo.
SOURCE:https:finance.yahoo.com
