Index Creative Village Affirms 20% Growth in Myanmar's Event Industry in 2019

YANGON, Myanmar - Jan. 31, 2019 - PRLog -- Mr. Kreingkrai Karnjanapokin, founder and co-chief executive officer of Index Creative Village PLC, the Asean's leader and a hub of creativity, Thailand's number one creative event organizer and ranked by America's Special Events Magazine as the 7th best event organizer in the world said that

"Myanmar's event industry can be divided into 3 groups 1. Event Marketing – launching and sampling events, road shows, seminars and meetings 2. Exhibition – trade fairs of both B2B and B2C and 3. Entertainment – lifestyle events, concert and festivals.

In the past, there were not so many events per year in Myanmar and only been held in the big cities which were organized by local organizers. Moreover, the events were a small scale and more related with religion and important days than for a commercial purpose. However, Myanmar's consumer behavior nowadays has changed to be more opened for new lifestyle, due to new technology, which causes various business opportunities. New venues for organizing events have also opened to support the growth of the event industry such as exhibition halls, hotels and malls. When considering area for organizing events in Myanmar with other ASEAN's countries, Myanmar still has opportunities to grow which can make the event industry grow at 20% from last year, total of $151 million dollars.

Nevertheless, many industries have been affected by the digital disruption such as media industry – various magazines and newspaper companies have stopped their operation, as well as data storage devices industry such as disk, CD and DVD because of the increasing of Cloud online storage. However, the event industry will continue to grow because it can offer, and match customers' needs in this digital era with 'Digi-Live Experience'.

Therefore, Index Creative Village ensures to deliver many creative events as customers require in all aspects both in local and in ASEAN as well as ready to share experience in form of event marketing, brand building and organizing trade fairs and lifestyle entertainment for both private and government sectors who look to create unique experience for customers through creativity.

In addition, Index Creative Village is expanding exhibition and trade fair business continuously, in order to support business growth in Myanmar and ASEAN market.

"Our strategy is to create different platforms for various industries in form of modern trade fairs in order to support the business growth in Myanmar and aboard which is a positive factor driving Myanmar and ASEAN's economy to increase including gaining trust from entrepreneurs and investors," added Mr. Kreingkrai Karnjanapokin, Founder and Co-CEO of Index Creative Village.

In 2019, Index Creative Village, through our subsidiary company ICVeX, will organize 4 main exhibition events in 3 Asean countries including Myanmar;

1. Cambodia Architect & Décor on 6-8 June 2019

2. Bangkok Beauty Show and K-Beauty Expo on 11-13 July 2019

3. Myanmar FoodBev Co-located with Myanmar Retail Sourcing Expo

 on 15-17 August 2019

4. Myanmar Build and Décor on 3-5 October 2019.