Category: Consumer Goods & Retailing
Hong Kong Consumer Goods & Retailing
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Apparel Retail in Hong Kong
... the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The apparel retail market is segmented into childrenswear, menswear, and womenswear. The market value represents retail sales. The ... Read More
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Beauty and Personal Care Packaging in Hong Kong, China
... this industry, and are currently expected to become the leading packaging format in the overall category over the forecast period. Hong Kong has a strong consumer culture that values aesthetic appeal and luxury, and folding ... Read More
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Hong Kong Traditional And Smart Watch Market Forecast 2024-2032
... a CAGR of 5.99% during the forecast period 2024-2032. In terms of volume, the Hong Kong traditional and smart watch market was valued at 3.51 million units in 2023 and is expected to reach 4.87 ... Read More
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Hong Kong, China Imaging Devices
... even some other smart devices have built-in cameras with image quality that is comparable to traditional cameras, thus removing a significant share of the demand from local consumers. Euromonitor International's Imaging Devices in Hong Kong, ... Read More
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Hong Kong, ChinaHeadphones
... wide range of TWS earbuds with different prices to suit their preferences and budget. For example, a general consumer may opt for an established brand such as Apple’s AirPods, while someone who demands higher-quality audio ... Read More
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Hong Kong, China In-Car Entertainment
... to rely on the pre-installed technology in their vehicles, especially in new models. Thus, local retailers are experiencing a steady decline of customers for these products, while existing customers are also upgrading their in-car entertainment ... Read More
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Hong Kong, China Portable Players
... led to more frequent social gatherings and greater mobility outside of the home. Wireless speakers remains the driving force behind the category’s overall performance, supported by local consumers enjoying time together socialising in public spaces. ... Read More
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Hong Kong, China Wearable Electronics
... the local market. Demand is being mainly driven by smart wearables in the form of smartwatches, with players responding well to demands with a slew of new functions, including sensors to measure oxygen saturation in ... Read More
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Hong Kong, China Home Audio and Cinema
... category experienced a marginal reprieve from its review period decline in 2020 when consumers were confined to their homes and invested in these big-ticket items. However, greater mobility outside of the home means that many ... Read More
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Hong Kong, China Consumer Electronics
... plateauing growth in several key categories - namely computers (except for laptops), in-home consumer electronics, and smartphones (which despite recording a more positive performance in 2024, is challenged by market saturation). The uncertain economic climate ... Read More
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Home Care Packaging in Hong Kong, China
... efficiency, multifunctionality and precise dosage, thereby avoiding waste. This is boosting the unit volumes of the key pack types used in liquid tablet detergents, flexible plastic and other rigid containers. However, liquid detergents, which has ... Read More
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Hong Kong, China Tobacco
... saturated and mature market. The government introduced yet another increment in tobacco taxation in the 2024 Budget, following a duty increase the previous year. This is due to the aggressive target of lowering smoking prevalence ... Read More
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Hong Kong, China Cigars, Cigarillos and Smoking Tobacco
... notable development was the opening of cigar shops in the Tsim Sha Tsui East cluster, catering for the discerning tastes of cigar enthusiasts. Euromonitor International's Cigars, Cigarillos and Smoking Tobacco in Hong Kong, China report ... Read More
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Hong Kong, China Cigarettes
... was despite the relaxation of pandemic-related rules, such as the removal of masks and the reopening of borders. One of the key factors contributing to the continuous decline in smoking prevalence, particularly among males, is ... Read More
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Hong Kong, China Sunglasses
... of the importance of wearing sunglasses while outdoors. In addition, consumers not only wear sunglasses for the purpose of protecting their eyes from the sun’s UV rays, but also as a fashion accessory to match ... Read More
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Hong Kong, China Eyewear
... value and volume sales in Hong Kong had fully recovered to 2019 levels in the first quarter of 2024. Eyewear in the local market is also experiencing growth opportunities due to the rising rate of ... Read More
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Hong Kong, China Spectacles
... trend called “reverse shopping” has gained momentum among local residents. Reverse shopping refers to a phenomenon that entails Hong Kong’s residents travelling to the Greater Bay Area, such as Shenzhen, Guangzhou, and Zhuhai, in search ... Read More
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Hong Kong, China Contact Lenses and Solutions
... local consumers since the pandemic. Daily disposable lenses do not require cleansing or disinfection, as a fresh pair is used each day, while this option is also perceived as a more convenient and hygienic choice ... Read More
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Hong Kong, China Depilatories
... resumed activities outside of the home, such as swimming, travelling, or hiking. The increase in social activities drove up demand for depilatories. Following the long period of lockdowns, local consumers established the habit of self-care ... Read More
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Hong Kong, China Men's Grooming
... of appearance, leading to a surge in demand for men's grooming. Male consumers are now more focused on taking care of their skin and overall grooming and scent, recognising the benefits of a well-maintained appearance. ... Read More
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Hong Kong, China Fragrances
... the local market, despite the less attractive foreign exchange rate. Nevertheless, this macroeconomic change had a minimal impact on wealthy consumers, leading to substantial growth in premium fragrance sales. To welcome the return of international ... Read More
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Hong Kong, China Oral Care
... repair. Tooth sensitivity, characterised by discomfort or pain when consuming hot or cold foods, remains a common issue affecting a significant portion of the population. As a result, toothpaste formulations that offer effective relief from ... Read More
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Hong Kong, China Premium Beauty and Personal Care
... of tourism flows and the reopening of borders have provided a much-needed boost to the segment, resulting in dynamic, double-digit growth and value sales reaching close to pre-pandemic levels in 2023. Tourists visiting Hong Kong ... Read More
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Hong Kong, China Mass Beauty and Personal Care
... return, there is renewed demand for beauty and personal care products, boosting sales in the local market. Key private label lines in this space, such as Mannings and Watsons, along with the presence of Japanese ... Read More
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Hong Kong, China Sun Care
... Singapore were among the top 10 outbound travel destinations for Hong Kong’s citizens in 2023, according to Euromonitor International’s Travel data. In fact, nature and outdoor activities was the top five travel destination feature local ... Read More
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