Personal Luxury in Hong Kong, China

Personal Luxury in Hong Kong, China

Personal luxury was adversely affected by the trade war, and the extended period of civil unrest seen in Hong Kong in 2019, with strong negative value growth. Luxury jewellery and luxury timepieces suffered most as a result of the trade war in the first half of the year, which worsened in the second half as social unrest continued to strike the city. While the luxury timepieces category is benefiting from the rise in arrivals from Mainland China, according to industry experts it also benefits fr...

Euromonitor International's Personal Luxury in Hong Kong, China report offers a comprehensive guide to the size and shape of the Personal Luxury 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 Personal Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2024 illustrate how the market is set to change

Product coverage: Designer Apparel and Footwear (Ready-to-Wear), Luxury Eyewear, Luxury Jewellery, Luxury Leather Goods, Luxury Portable Consumer Electronics, Luxury Timepieces, Luxury Writing Instruments and Stationery, Super Premium Beauty and Personal Care.

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

Why buy this report?
* Get a detailed picture of the Personal Luxury 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.


Personal Luxury in Hong Kong, China
Euromonitor International
January 2020
LIST OF CONTENTS AND TABLES
Headlines
Prospects
Luxury Jewellery and Luxury Timepieces Impacted by Trade War and Civil Unrest in Downtown Hong Kong
Online Set To Gain Popularity Due To Lifestyle and Tech Trends, Underpinned by Social Media and Web-based Activities Implemented by Key Players
Lower Import Tariffs in Mainland China Likely To Reduce Visits To Hong Kong As Prices Become More Competitive
Competitive Landscape
Apologies Issued As International Players Fail To Recognise China's Sensitivity Regarding Hong Kong's Status
Gucci and Louis Vuitton Benefit From High-spending, Millennial moonlight Clans
Cartier Far East Ltd Gains Share Through Expanded Ranges and Launch Events
Category Data
Table 1 Sales of Personal Luxury by Category: Value 2014-2019
Table 2 Sales of Personal Luxury by Category: % Value Growth 2014-2019
Table 3 NBO Company Shares of Personal Luxury: % Value 2014-2018
Table 4 LBN Brand Shares of Personal Luxury: % Value 2015-2018
Table 5 Distribution of Personal Luxury by Format: % Value 2014-2019
Table 6 Forecast Sales of Personal Luxury by Category: Value 2019-2024
Table 7 Forecast Sales of Personal Luxury by Category: % Value Growth 2019-2024
Executive Summary
Multiple Factors Lead To Negative Growth in Most Categories in 2019, Men and Millennials Increasingly Important Consumer Segments
Mainland China Represents Increasing Threat To Shopping in Hong Kong
German Carmakers Accelerate While Tesla Loses Drive As Tax Benefits Enjoyed by Electric Vehicles Come To An End
Civil Unrest and High Rents Contribute To Growth of Online Shopping, Increased Demand for Second-hand Luxury Items in Evidence
Consumers Likely To Demonstrate Pent-up Demand When Civil Unrest Abates
Market Indicators
Table 8 Number of High Net Worth Individuals (HNWI): 2014-2019
Market Data
Table 9 Sales of Luxury Goods by Category: Value 2014-2019
Table 10 Sales of Luxury Goods by Category: % Value Growth 2014-2019
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
Table 12 NBO Company Shares of Luxury Goods: % Value 2014-2018
Table 13 LBN Brand Shares of Luxury Goods: % Value 2015-2018
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2019
Table 15 Forecast Sales of Luxury Goods by Category: Value 2019-2024
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024
Definitions
Sources
Summary 1 Research Sources

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