Alibaba.com will unveil the latest digital sourcing trends in consumer electronics at IFA Berlin, the leading trade show for consumer electronics (1st-5th September 2023).
In the UK, the consumer electronics sector reached a total revenue of £27 billion in 2023 and volume is expected to amount to 175.4m pieces by 2028, presenting a significant opportunity for UK business buyers. This trend is reflected in Alibaba.com’s own data which shows that gross merchandise value (GMV) for consumer electronics products on Alibaba.com increased by 43% between 1st January and 30th July 2023.
Exhibiting only for the second time at IFA, Alibaba.com will be showcasing the latest trending products in consumer electronics at their booth, including portable monitors, wireless chargers and storage products. The latest trends data from Alibaba.com shows that LCD monitors (YoY +16.4%), smart watches (YoY +14%), earbuds and in-ear headphones (YoY +10.5%) as well as mobile phone cases (YoY +7%) were among the top performing consumer electronics categories for buyers compared to last year.
Alibaba.com will also present a ‘hybrid tradeshow’ at the IFA booth (Hall 6.2, Booth 111), during which business buyers can see and test physical products from selected suppliers and talk to them in person. In parallel, during the online event, business buyers can interact with thousands of consumer electronics manufacturers from all over the world, many of whom offer highly-customizable products.
Millions of consumer electronics products on Alibaba.com are covered with an on-time Delivery Guarantee, providing business buyers with further supply chain security. The global B2B sourcing platform also offers Trade Assurance which protects online orders placed and paid through the platform.
Alibaba.com is committed to offering business buyers, especially SMEs, efficient sourcing solutions that meet their evolving needs. Through our platform, SMEs can access quality suppliers of consumer electronics goods from across the world, helping to save both time and money. With many SMES facing continued supply chain challenges, Alibaba.com can help alleviate some of these pressures, boost business resilience and drive growth.
– Roland Palmer, General Manager of UK, Benelux and Nordics, Alibaba Group
