Buyers Crowd World Market Center Winter Session
Las Vegas, NV – Expect to see more gift items coming out of the Las Vegas Market in the future.
As the furnishings design industry descended on the World Market Center for opening day of the winter 2012 Las Vegas Market, center CEO Bob Maricich said the fastest-growing segment is gifts.
Nationally, home gifts is a $60 billion industry, and Maricich sees an opportunity to add to the Las Vegas Market’s product mix, which is heavy with furniture, sleep products and home decor.
“There are seven small, regional markets for gifts West of the Mississippi and they’re all failing. There’s really a demand to have one regional market,” Maricich said. “Our research tells us that should be Las Vegas. We’re putting a lot of resources into that.”
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