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Luxury Goods in Hong Kong, China

Publisher Euromonitor International
Published Oct 21, 2025
Length 48 Pages
SKU # EP20503474

Description

Retail value sales of luxury goods in Hong Kong experienced a mixed performance in 2025, influenced by a combination of ongoing macroeconomic challenges and shifting consumer dynamics. While the gradual recovery of inbound tourism provided some uplift to the market, total sales growth was moderated by persistent geopolitical tensions and a cautious consumer sentiment among key customer segments. The gradual strengthening of the Hong Kong dollar against major currencies, coupled with a slowdown i...

Euromonitor International's Luxury Goods in Hong Kong, China report offers a comprehensive guide to the size and shape of the Luxury Goods market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2029 illustrate how the market is set to change

Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report??
* Get a detailed picture of the Luxury Goods market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

48 Pages
Luxury Goods in Hong Kong, China
Euromonitor International
October 2025
List Of Contents And Tables
LUXURY GOODS IN HONG KONG, CHINA
EXECUTIVE SUMMARY
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for luxury goods?
MARKET DATA
Table 1 Sales of Luxury Goods by Category: Value 2020-2025
Table 2 Sales of Luxury Goods by Category: % Value Growth 2020-2025
Table 3 Inbound Receipts for Luxury Goods by Country of Origin: Value 2020-2025
Table 4 NBO Company Shares of Luxury Goods: % Value 2020-2024
Table 5 LBN Brand Shares of Luxury Goods: % Value 2021-2024
Table 6 Distribution of Luxury Goods by Format and Category: % Value 2025
Table 7 Forecast Sales of Luxury Goods by Category: Value 2025-2030
Table 8 Forecast Sales of Luxury Goods by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
SOURCES
Summary 1 Research Sources
EXPERIENTIAL LUXURY IN HONG KONG, CHINA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Luxury consumers drive demand for bespoke hospitality experiences
Luxury hotels drive experiential luxury growth through innovation and tailored services
Rising emphasis on sustainability to attract eco-conscious consumers
PROSPECTS AND OPPORTUNITIES
Luxury hotels set to remain leading growth driver of experiential luxury
Luxury hospitality shifts towards experiential offerings
Operators to further focus on sustainable practices to enhance brand integrity
CATEGORY DATA
Table 9 Sales of Experiential Luxury by Category: Value 2020-2025
Table 10 Sales of Experiential Luxury by Category: % Value Growth 2020-2025
Table 11 NBO Company Shares of Experiential Luxury: % Value 2020-2024
Table 12 LBN Brand Shares of Experiential Luxury: % Value 2021-2024
Table 13 Forecast Sales of Experiential Luxury by Category: Value 2025-2030
Table 14 Forecast Sales of Experiential Luxury by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
FINE WINES/CHAMPAGNE AND SPIRITS IN HONG KONG, CHINA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Positive performance as consumers seek unique flavours, craft beverages and authentic drinking experiences
Luxury brands drive growth through diversification with limited editions
Physical stores continue to drive sales, but e-commerce helps expand reach
PROSPECTS AND OPPORTUNITIES
Premiumisation and wellness trends to drive future development
Luxury brands to adopt sustainable practices and mindful drinking initiatives
Rising demand for premium drinks to further drive off-trade sales growth
CATEGORY DATA
Table 15 Sales of Fine Wines/Champagne and Spirits by Category: Value 2020-2025
Table 16 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2020-2025
Table 17 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2020-2024
Table 18 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2021-2024
Table 19 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2020-2025
Table 20 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2025-2030
Table 21 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
PREMIUM AND LUXURY CARS IN HONG KONG, CHINA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Luxury car brands drive growth with sustainable electric models
Innovation remains important, while Chinese players increasingly to focus on the Hong Kong market
Consolidated landscape with brands focused on electric and hybrid models
PROSPECTS AND OPPORTUNITIES
High-net-worth individuals to drive future growth of premium and luxury cars
Leading brands likely to focus on new or upgraded models featuring eco-friendly features
Luxury car buyers to drive demand for smart technologies and use of digitalisation
CATEGORY DATA
Table 22 Sales of Premium and Luxury Cars: Value 2020-2025
Table 23 Sales of Premium and Luxury Cars: % Value Growth 2020-2025
Table 24 NBO Company Shares of Premium and Luxury Cars: % Value 2020-2024
Table 25 LBN Brand Shares of Premium and Luxury Cars: % Value 2021-2024
Table 26 Forecast Sales of Premium and Luxury Cars: Value 2025-2030
Table 27 Forecast Sales of Premium and Luxury Cars: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
PERSONAL LUXURY IN HONG KONG, CHINA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Designer apparel and footwear (ready-to-wear)
Luxury eyewear
Luxury jewellery
Luxury leather goods
Luxury wearables electronics
Luxury timepieces
Luxury writing instruments and stationery
Super premium beauty and personal care
PROSPECTS AND OPPORTUNITIES
Sustainable practices will help drive future developments in personal luxury
Luxury brands to adopt transparency measures to build consumer trust
Luxury retailers must adapt to evolving consumer preferences and trends
CATEGORY DATA
Table 28 Sales of Personal Luxury by Category: Value 2020-2025
Table 29 Sales of Personal Luxury by Category: % Value Growth 2020-2025
Table 30 NBO Company Shares of Personal Luxury: % Value 2020-2024
Table 31 LBN Brand Shares of Personal Luxury: % Value 2021-2024
Table 32 Distribution of Personal Luxury by Format: % Value 2020-2025
Table 33 Forecast Sales of Personal Luxury by Category: Value 2025-2030
Table 34 Forecast Sales of Personal Luxury by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER

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