Market Research Logo

Hong Kong Autos Report Q4 2017

Hong Kong Autos Report Q4 2017

BMI View:

We are revising our forecast for new vehicle sales in Hong Kong to growth of 5.2% in 2017, upfrom a contraction of 9.9% previously. This brighter outlook is largely driven by the positive wealth effectrising asset prices, particularly housing and equity, will have on growth in passenger car market in the citystate.

Key Views

Vehicle sales will grow by 5.2% in 2017.

The positive wealth effect of booming property sector and strong stock market will boost consumersentiment, driving growth in new car purchases.

The looming threat of a correction in property prices will pose a risk to growth in the new car market dueto the negative wealth effect it will have on consumers and their spending patterns.


BMI Industry View
Key Views
SWOT
Industry Forecast
Industry Forecast Scenario
Table: Autos Total Market - Historical Data And Forecasts (Hong Kong 2015-2021)
Latest Developments
Structural Trends
Table: New Policy To Lead To Surging Prices
Table: Ex-Gratia Payment Scheme
Passenger Vehicles
Table: Passenger Car Market - Historical Data And Forecasts (Hong Kong 2015-2021)
Latest Developments And Segment Drivers
Commercial Vehicles
Table: Commercial Vehicle Market - Historical Data And Forecasts (Hong Kong 2015-2021)
Latest Developments And Segment Drivers
Industry Risk/Reward Index
Asia Autos Sales Risk/Reward Index
Main Regional Features And Latest Updates
Low-Risk Developed States Lead
Singapore Shines In Disparate ASEAN Region
China Holds Its Own
Hong Kong - Autos Sales Risk/Reward Index
Regional Overview
Asia Overview
Table: Asia Autos Production Investment
Demographic Forecast
Table: Population Headline Indicators (Hong Kong 1990-2025)
Table: Key Population Ratios (Hong Kong 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Hong Kong 1990-2025)
Table: Population By Age Group (Hong Kong 1990-2025)
Table: Population By Age Group % (Hong Kong 1990-2025)
Methodology
Benefits of using BMI's Autos RRI
Weightings Of Categories And Indicators
Indicators
Table: Indicators - Explanation And Sources

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report