TSMA Yearbook 2019

31 Taiwan Sporting Goods Manufacturers Association According to a Research Nester report, the global sporting goods market is anticipated to record steady growth over the next five years. This is attributed to an increasing number of health-conscious consumers. Taiwan’s sporting goods industry had an annual export growth rate of over 5% in 2017, and is renowned for its high quality, good value and premium technology. TSMA (Taiwan Sporting Goods Manufacturers Association) has always contributed to promoting global busi- ness for Taiwan. As a close partner of the Taiwan External Trade Development Council (TAITRA) for many years, TSMA has successfully helped to organize numerous major exhibitions such as TaiSPO (Taipei International Sporting Goods Show), one of the most famous international exhibitions in Taiwan. In order to keep members of TSMA up-to-date with the latest industry trends, TSMA hosts several international seminars, as well as lead- ing members to participate in international trade shows every year in order to showcase their latest products and keep up with potential market opportunities. As a stable and close partner of TSMA for decades, we believe that TSMA will continue to lead Taiwan’s sport- ing goods industry in expanding the global market. On behalf of TAITRA I would like to extend my heartfelt gratitude to TSMA, our long-term partner, on the re- lease of the 2019 Yearbook. Walter M.S. Yeh President & CEO Taiwan External Trade Development Council