Consumer Electronics Retail in Hong Kong
Description
Consumer Electronics Retail in Hong Kong
Summary
Consumer Electronics Retail in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Consumer Electronics Retail in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Consumer electronics retail market includes the sales of communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment. The market value represents the retail sales value of consumer electronics.
- The Hong Kongese consumer electronics retail market recorded revenues of $3.9 billion in 2024, representing a negative compound annual growth rate (CAGR) of 2.1% between 2019 and 2024.
- The communications equipment segment accounted for the market's largest proportion in 2024, with total revenues of $2.0 billion, equivalent to 50.1% of the market's overall value.
- In 2024, the Hong Kongese consumer electronics retail market recorded an annual contraction of 11.1% due to unfavorable socio-economic conditions, such as a rise in unemployment. According to the Census and Statistics Department - Hong Kong, in 2024, the unemployment rate in Hong Kong reached 3%, up from 2.9% in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the consumer electronics retail market in Hong Kong
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the consumer electronics retail market in Hong Kong
- Leading company profiles reveal details of key consumer electronics retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Hong Kong consumer electronics retail market with five year forecasts
- What was the size of the Hong Kong consumer electronics retail market by value in 2024?
- What will be the size of the Hong Kong consumer electronics retail market in 2029?
- What factors are affecting the strength of competition in the Hong Kong consumer electronics retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Hong Kong's consumer electronics retail market?
Table of Contents
47 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. A.S. Watson Group (HK) Ltd
- 8.2. GOME Retail Holdings Ltd
- 8.3. Suningcom Group Co Ltd
- 8.4. Apple Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Hong Kong consumer electronics retail market value: $ million, 2019-24
- Table 2: Hong Kong consumer electronics retail market category segmentation: % share, by value, 2019-24
- Table 3: Hong Kong consumer electronics retail market category segmentation: $ million, 2019-24
- Table 4: Hong Kong consumer electronics retail market geography segmentation: $ million, 2024
- Table 5: Hong Kong consumer electronics retail market distribution: % share, by value, 2024
- Table 6: Hong Kong consumer electronics retail market value forecast: $ million, 2024-29
- Table 7: A.S. Watson Group (HK) Ltd: Key Facts
- Table 8: A.S. Watson Group (HK) Ltd: Key Employees
- Table 9: GOME Retail Holdings Ltd: Key Facts
- Table 10: GOME Retail Holdings Ltd: Annual Financial Ratios
- Table 11: GOME Retail Holdings Ltd: Key Employees
- Table 12: Suningcom Group Co Ltd: Key Facts
- Table 13: Suningcom Group Co Ltd: Annual Financial Ratios
- Table 14: Suningcom Group Co Ltd: Key Employees
- Table 15: Apple Inc: Key Facts
- Table 16: Apple Inc: Annual Financial Ratios
- Table 17: Apple Inc: Key Employees
- Table 18: Hong Kong Size of Population (Million), 2020-24
- Table 19: Hong Kong Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 20: Hong Kong GDP (Current Prices, $ Billion), 2020-24
- Table 21: Hong Kong Inflation, 2020-24
- Table 22: Hong Kong Consumer Price Index (Absolute), 2020-24
- Table 23: Hong Kong Exchange Rate, 2019-24
- List of Figures
- Figure 1: Hong Kong consumer electronics retail market value: $ million, 2019-24
- Figure 2: Hong Kong consumer electronics retail market category segmentation: $ million, 2019-24
- Figure 3: Hong Kong consumer electronics retail market geography segmentation: % share, by value, 2024
- Figure 4: Hong Kong consumer electronics retail market distribution: % share, by value, 2024
- Figure 5: Hong Kong consumer electronics retail market value forecast: $ million, 2024-29
- Figure 6: Forces driving competition in the consumer electronics retail market in Hong Kong, 2024
- Figure 7: Drivers of buyer power in the consumer electronics retail market in Hong Kong, 2024
- Figure 8: Drivers of supplier power in the consumer electronics retail market in Hong Kong, 2024
- Figure 9: Factors influencing the likelihood of new entrants in the consumer electronics retail market in Hong Kong, 2024
- Figure 10: Factors influencing the threat of substitutes in the consumer electronics retail market in Hong Kong, 2024
- Figure 11: Drivers of degree of rivalry in the consumer electronics retail market in Hong Kong, 2024
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