Thailand’s Gem & Jewellery Fair 2024: A Business Opportunity in the Global Gemstone Market
Thailand’s Gem & Jewellery Fair 2024: A Business Opportunity in the Global Gemstone Market. Prepare to immerse yourself as Thailand unfurls the red carpet for the grand “Thailand’s Gem & Jewellery Fair 2024”. An iconic event set to light up the gemstone industry, with the Thai Gem and Jewellery Traders Association (TGJTA) and the Gems, Jewellery, and Precious Metal Confederation of Thailand (GJPCT) joining forces to make it a resounding success. The Fair will run from February 21st to 25th, 2024, held at the renowned Impact Challenger Muang Thong Thani, aiming to solidify Thailand’s prestigious reputation as the “Gem Capital of the World” amongst global traders. This event seeks to bolster Thailand’s prominence on a global level, enhancing appeal among international tourists, while contributing towards the sustainable expansion and development of the Thai gem and jewellery industry.
Overview of Thailand’s Gem & Jewellery Fair 2024
Purpose of the Fair
The Thai Gem and Jewellery Traders Association (TGJTA) and the Gems, Jewellery, and Precious Metal Confederation of Thailand (GJPCT) have officially launched the “Thailand Gems & Jewellery Fair 2024.” The purpose of this grand event is to foster the sustainable growth of the Thai gem and jewellery industry and diminish the government’s subsidy burden.
Dates and Venue of the Fair
The Thailand Gems & Jewellery Fair 2024 is set to take place from February 21st to 25th, 2024, at the esteemed Impact Challenger Muang Thong Thani. An event that is anticipated with much enthusiasm, it aims to become the largest Gems & Jewellery Fair in ASEAN.
Size and Impact on ASEAN
It is expected that this fair will bolster the venerated reputation of Thailand as the “Gem Capital of the World” among global traders, thus impacting ASEAN significantly. Considered as the primary trading hub for gem and jewellery raw materials, this fair promises to boost confidence in Thailand as the epicentre for trade and investment in the industry.
Thailand’s Role in the Global Gemstone Market
Thailand as a Trading Hub for Gem and Jewellery Raw Materials
Thailand enjoys the status of being the principal trading hub for gem and jewellery raw materials. By holding a prominent position globally, this fair aims to further strengthen confidence in Thailand as the linchpin for trading and investment in the industry.
Thailand as the ‘Gem Capital of the World’
Being recognized as the “Gem Capital of the World,” Thailand sees the fair as an opportunity to solidify this image among global traders and underscore the significance of Thai gemstones.
Perception of Thai Gemstones Among International Buyers
Thai gemstones hold a special position in the minds and hearts of international buyers. This fair targets to enhance the allure of ‘Thai gemstones’ and expand their popularity not only among international tourists but also among the general public.
Sustainable Growth and Development of Thai Gem and Jewellery Industry
Strategies for Sustainable Expansion
Thailand’s Gems & Jewellery Fair 2024 inherently adopts strategies fostering the groundwork for the sustainable growth and expansion of the Thai gem and jewellery industry. It is a collective endeavor of entrepreneurs, skilled artisans, and an extensive workforce associated with this industry, which incorporates over 1 million individuals.
Contribution to Economic Resilience
The gem and jewellery industry has consistently been a resilient pillar of the Thai economy, holding the prestigious position of being Thailand’s third most significant export commodity. This resilience is expected to reap even more rewards with Thailand’s Gems & Jewellery Fair 2024.
The Fusion of Science and Art in the Industry
The intricate fusion of science and art in this industry makes it invulnerable to facile replication by automated systems. This fusion is an integral part ensuring the growth and resilience of the Thai gem and jewellery industry.
Role in Shaping the Future of the Thai Economy
The gem and jewellery industry have an influential role in shaping the future of the Thai economy. The Thailand Gems & Jewellery Fair 2024 is an important step towards ensuring the industry’s lasting and significant impact on the economy.
The Importance of the Fair in Fostering Business and Investment
Establishment of Thailand as the Capital of Gemstones
This fair is an integral part of reinforcing the image of Thailand as the “Gem Capital of the World” and the primary destination for the trade of precious gemstones and jewellery materials.
Platform for Business Negotiations and Transactions
Thailand Gems & Jewellery Fair 2024 provides a platform for entrepreneurs to negotiate business and implement transactions, thus scaling their potential to new heights.
Promotion of ‘Ploi Thai’ on the Global Stage
The fair takes it as a responsibility to foster the global promotion of “Ploi Thai” and expand the eminence of colour stones from Thailand among global tourists and the general public.
Role of Thai Gems and Jewellery Fair 2024 in Promoting ‘Ploi Thai’
Introduction of ‘Ploi Thai’
‘Ploi Thai’ is a significant institution in the Thai gem and jewellery industry. The fair aims to introduce ‘Ploi Thai’ on a grander scale by promoting it among a larger populace on a global platform.
Global Promotion and Soft Power
By emphasizing the essentiality of ‘Ploi Thai’ and associated Thai gemstones, the fair offers a soft power approach to promoting Thailand’s gem and jewellery industry globally.
Popularity Among International Tourists
‘Ploi Thai’ and Thai gemstones enjoy immense popularity among international tourists. The fair is an excellent opportunity to showcase these beautiful gemstones and further enhance their recognition and popularity.
Direct Purchase Opportunity for Global Traders
Access to High-Quality Colored Gemstones
Apart from serving as a platform for business negotiations, Thailand Gems & Jewellery Fair 2024 will also offer global traders and individuals the opportunity to directly purchase high-quality coloured gemstones.
Expected Economic Growth from Exports
By providing direct purchase opportunities, the fair is expected to stimulate economic growth. Projections suggest exports of billions of baht, thereby fostering growth in Thailand’s gem and jewellery industry.
Projections for Industry Growth
The fair is predicted to contribute substantially to the evolution of Thailand’s gem and jewellery industry into a pivotal sector for the country’s prosperous future.
Contribution to the Thai Economy
Safeguarding Livelihoods amidst Technological Advancements
The gem and jewellery industry provides secure livelihoods for Thai people in the midst of prevalent technological advancements. By promoting this industry, the fair also assures the safeguarding of these livelihoods and the steady growth of the industry.
Strategy to Mitigate Disruptive Trends
To mitigate the disruptive trends, a strategy involving the promotion of the private sector in the gem and jewellery market has been proposed. The fair acts as a catalyst in this and ensures the steady and robust growth of the industry.
Government’s Role as Facilitator and Supporter for the Industry
The government plays the role of a facilitator and supporter in sustaining the growth and resilience of the Thai gem and jewellery industry. Thailand Gems & Jewellery Fair 2024 is an essential part of that process.
The Success of Past Events
Positive Response From Participants
The past year’s Thailand Gems & Jewellery Fair received a positive response from participants. Building on this success, “TJGJF 2024” is being organised with much gusto and high expectations.
Expansion Plans for the Future
In light of the success of past events, expansion plans for the future have been outlined. These strategies align with the sustainable growth and resilience of the industry.
Support and Collaboration from Various Ministries and Associations
The fair enjoys enthusiastic support and collaboration from the Ministry of Tourism and Sports, the Tourism Authority of Thailand, the Bangkok Metropolitan Administration, and the Standardised Gem and Jewellery Traders Association.
Features of the Thailand Gems & Jewellery Fair 2024
Five Luxurious Zones
Attendees at the event will have the opportunity to explore five luxurious zones, promising a variety of experiences in the Colored Gemstone Zone, Diamond Trading Zone, Gold Jewellery Zone, Silver Jewellery Zone, and Equipment and Machinery for Production Zone.
Access to Manufacturers from Various Countries
The fair provides direct access to manufacturers from various countries, ensuring that this event caters to a comprehensive range of demands.
Certification of Participating Companies
All participating companies are certified by the association, providing an invaluable assurance to buyers.
Public Access and Spectrum of Needs Catered
The fair is also accessible to the general public without any charges. It caters to a wide spectrum of needs, ranging from wedding jewellery to investment purposes, thereby offering a plethora of options for every kind of requirement.
Registration Process and Contact Details
Dates and Timings
The fair is scheduled from February 21st to 25th, 2024, running from 10:00 AM to 6:00 PM daily at IMPACT Challenger Hall, Muang Thong Thani.
Admission Charges
Admission to the fair is entirely free, making it accessible to a wide spectrum of individuals.
Pre-registration
For those eager to participate in this occasion, pre-registration is available, ensuring smoother access to the fair.
Contact Information
For more information on Thailand Gems & Jewellery Fair 2024, anyone interested may contact us directly at 02 630 1390 – 7.
Online Presence
The fair maintains an online presence, offering easy access to updates and news. Details can be found on the official website www.thaigemjewelry.or.th, and the fair’s official Facebook page and Line OA.
