
A trade fair, also known as trade show, trade exhibition, or trade exposition, is an exhibition organized so that
companies
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared ...
in a specific
industry can showcase and demonstrate their latest
products and services, meet with industry partners and
customer
In sales, commerce, and economics, a customer (sometimes known as a client, buyer, or purchaser) is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange f ...
s, study activities of rivals, and examine recent
market trend
A market trend is a perceived tendency of financial markets to move in a particular direction over time. Analysts classify these trends as ''secular'' for long time-frames, ''primary'' for medium time-frames, and ''secondary'' for short time-fram ...
s and
opportunities.
In contrast to
consumer
A consumer is a person or a group who intends to order, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. ...
fairs, only some trade fairs are open to the public, while others can only be attended by company representatives (members of the trade, e.g.
professional
A professional is a member of a profession or any person who works in a specified professional activity. The term also describes the standards of education and training that prepare members of the profession with the particular knowledge and ski ...
s) and members of the
press, therefore trade shows are classified as either "public" or "trade only". A few fairs are hybrids of the two; one example is the
Frankfurt Book Fair
The Frankfurt Book Fair (German: Frankfurter Buchmesse, FBM) is the world's largest trade fair for books, based on the number of publishing companies represented. It is considered to be the most important book fair in the world for internationa ...
, which is trade only for its first three days and open to the general public on its final two days. They are held on a continuing basis in virtually all markets and normally attract