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Consumer Health in Hong Kong, China

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    Report

  • 126 Pages
  • September 2024
  • Region: China, Hong Kong
  • Euromonitor International
  • ID: 2557416
Consumer health in Hong Kong is experiencing a dynamic transformation, as the city's population becomes increasingly proactive in managing their wellbeing. The return of mainland Chinese tourists has further boosted the demand for vitamins and dietary supplements, and over-the-counter (OTC) products, as consumers seek to address their healthcare and self-medication needs.

The Consumer Health in Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Allergy Care, Herbal/Traditional Products, OTC, Paediatric Consumer Health, Sports Nutrition, Vitamins and Dietary Supplements, Weight Management and Wellbeing.

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

Why buy this report?

  • Get a detailed picture of the Consumer Health 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

EXECUTIVE SUMMARY
  • Consumer health in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • What next for consumer health?
MARKET INDICATORS
  • Table 1 Consumer Expenditure on Health Goods and Medical Services: Value 2019-2024
  • Table 2 Life Expectancy at Birth 2019-2024
MARKET DATA
  • Table 3 Sales of Consumer Health by Category: Value 2019-2024
  • Table 4 Sales of Consumer Health by Category: % Value Growth 2019-2024
  • Table 5 NBO Company Shares of Consumer Health: % Value 2020-2024
  • Table 6 LBN Brand Shares of Consumer Health: % Value 2021-2024
  • Table 7 Penetration of Private Label in Consumer Health by Category: % Value 2019-2024
  • Table 8 Distribution of Consumer Health by Format: % Value 2019-2024
  • Table 9 Distribution of Consumer Health by Format and Category: % Value 2024
  • Table 10 Forecast Sales of Consumer Health by Category: Value 2024-2029
  • Table 11 Forecast Sales of Consumer Health by Category: % Value Growth 2024-2029
APPENDIX
  • OTC registration and classification
  • Vitamins and dietary supplements registration and classification
  • Self-medication/self-care and preventive medicine
  • Switches
DISCLAIMERDEFINITIONS
SOURCES
  • Summary 1 Research Sources
ANALGESICS IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Sales of analgesics remain resilient in Hong Kong
  • Topical analgesics/anaesthetic records further dynamic growth from low sales base
  • Health and beauty specialists remains dominant distribution channel
PROSPECTS AND OPPORTUNITIES
  • Analgesics may face competition from TCM formulations and vitamins and dietary supplements
  • Demand for NSAIDs set to slow due to rising awareness of potential side effects
  • Short-term challenges of alternatives purchased in neighbouring countries
CATEGORY DATA
  • Table 12 Sales of Analgesics by Category: Value 2019-2024
  • Table 13 Sales of Analgesics by Category: % Value Growth 2019-2024
  • Table 14 NBO Company Shares of Analgesics: % Value 2020-2024
  • Table 15 LBN Brand Shares of Analgesics: % Value 2021-2024
  • Table 16 Forecast Sales of Analgesics by Category: Value 2024-2029
  • Table 17 Forecast Sales of Analgesics by Category: % Value Growth 2024-2029
COUGH, COLD AND ALLERGY (HAY FEVER) REMEDIES IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Continuous influenza waves support sales of cough, cold and allergy (hay fever) remedies
  • Rising popularity of herbal sprays for oral and nasal discomfort
  • Symptom signage increases at health and beauty specialists
PROSPECTS AND OPPORTUNITIES
  • Growing popularity of natural solutions to address cough and cold symptoms
  • Vitamins and dietary supplements emerges as competition due to preventive healthcare trend
  • Tourist recovery to help push demand for cough, cold and allergy (hay fever) remedies
CATEGORY DATA
  • Table 18 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: Value 2019-2024
  • Table 19 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: % Value Growth 2019-2024
  • Table 20 NBO Company Shares of Cough, Cold and Allergy (Hay Fever) Remedies: % Value 2020-2024
  • Table 21 LBN Brand Shares of Cough, Cold and Allergy (Hay Fever) Remedies: % Value 2021-2024
  • Table 22 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: Value 2024-2029
  • Table 23 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Category: % Value Growth 2024-2029
DIGESTIVE REMEDIES IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Digestive health issues continue to aid category growth
  • Multifunctionality remains a key driver
  • Probiotics emerge as competition to digestive remedies
PROSPECTS AND OPPORTUNITIES
  • Health behaviours with travel and post-pandemic lifestyles
  • Demand for herbal/traditional options set to grow
  • Incorporation of probiotics within digestive remedies
CATEGORY DATA
  • Table 24 Sales of Digestive Remedies by Category: Value 2019-2024
  • Table 25 Sales of Digestive Remedies by Category: % Value Growth 2019-2024
  • Table 26 NBO Company Shares of Digestive Remedies: % Value 2020-2024
  • Table 27 LBN Brand Shares of Digestive Remedies: % Value 2021-2024
  • Table 28 Forecast Sales of Digestive Remedies by Category: Value 2024-2029
  • Table 29 Forecast Sales of Digestive Remedies by Category: % Value Growth 2024-2029
DERMATOLOGICALS IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Japanese imports set to intensify competition for leading brands
  • Technological advancements help drive development of dermatologicals
  • Distribution changes and balancing the need for advice with convenience
PROSPECTS AND OPPORTUNITIES
  • Consumers take increasingly holistic approach to hair and scalp health
  • Herbal/traditional formulations to potentially hinder growth
  • Challenges to local spending behaviour in the short term
CATEGORY DATA
  • Table 30 Sales of Dermatologicals by Category: Value 2019-2024
  • Table 31 Sales of Dermatologicals by Category: % Value Growth 2019-2024
  • Table 32 NBO Company Shares of Dermatologicals: % Value 2020-2024
  • Table 33 LBN Brand Shares of Dermatologicals: % Value 2021-2024
  • Table 34 LBN Brand Shares of Hair Loss Treatments: % Value 2021-2024
  • Table 35 Forecast Sales of Dermatologicals by Category: Value 2024-2029
  • Table 36 Forecast Sales of Dermatologicals by Category: % Value Growth 2024-2029
NRT SMOKING CESSATION AIDS IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Government-led initiatives contribute to smoking overall decline
  • Dominance of two global brands within NRT smoking cessation aids
  • Primary distribution channels unlikely to change
PROSPECTS AND OPPORTUNITIES
  • Government taxation increases set to dampen future demand
  • Category leaders unlikely to shift as demand declines
CATEGORY INDICATORS
  • Table 37 Number of Smokers by Gender 2019-2024
CATEGORY DATA
  • Table 38 Sales of NRT Smoking Cessation Aids by Category: Value 2019-2024
  • Table 39 Sales of NRT Smoking Cessation Aids by Category: % Value Growth 2019-2024
  • Table 40 NBO Company Shares of NRT Smoking Cessation Aids: % Value 2020-2024
  • Table 41 LBN Brand Shares of NRT Smoking Cessation Aids: % Value 2021-2024
  • Table 42 Forecast Sales of NRT Smoking Cessation Aids by Category: Value 2024-2029
  • Table 43 Forecast Sales of NRT Smoking Cessation Aids by Category: % Value Growth 2024-2029
SLEEP AIDS IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Timed released of melatonin helps support growth of sleep aids
  • Demand for sleep aids increases as delivery formats diversify
  • Herbal/traditional options pose competition to melatonin-based offerings
PROSPECTS AND OPPORTUNITIES
  • Abundant growth opportunities for sleep aids in Hong Kong
  • Lack of research on melatonin may see consumers seek alternative remedies
  • Sleep programmes and therapy set to aid severe symptoms
CATEGORY DATA
  • Table 44 Sales of Sleep Aids: Value 2019-2024
  • Table 45 Sales of Sleep Aids: % Value Growth 2019-2024
  • Table 46 NBO Company Shares of Sleep Aids: % Value 2020-2024
  • Table 47 LBN Brand Shares of Sleep Aids: % Value 2021-2024
  • Table 48 Forecast Sales of Sleep Aids: Value 2024-2029
  • Table 49 Forecast Sales of Sleep Aids: % Value Growth 2024-2029
EYE CARE IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Long wait times force consumers to search for OTC products to support visual function
  • Product development by leading player helps drive growth
  • Wide availability of eye health supplements offers competition
PROSPECTS AND OPPORTUNITIES
  • Paediatric eye care set to generate growth through segmentation
  • Eye wash format to gain popularity as consumer awareness of eye health rises
CATEGORY DATA
  • Table 50 Sales of Eye Care by Category: Value 2019-2024
  • Table 51 Sales of Eye Care by Category: % Value Growth 2019-2024
  • Table 52 NBO Company Shares of Eye Care: % Value 2020-2024
  • Table 53 LBN Brand Shares of Eye Care: % Value 2021-2024
  • Table 54 Forecast Sales of Eye Care by Category: Value 2024-2029
  • Table 55 Forecast Sales of Eye Care by Category: % Value Growth 2024-2029
WOUND CARE IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Technological advancements define quality for wound care
  • Wound care’s recovery supported by targeted needs
  • Consumer acceptance of private label offerings
PROSPECTS AND OPPORTUNITIES
  • Impulse purchases to drive further growth of wound care
  • Active lifestyles to increase growth of wound care
  • Increasing competition for leading brands from Japanese technology
CATEGORY DATA
  • Table 56 Sales of Wound Care by Category: Value 2019-2024
  • Table 57 Sales of Wound Care by Category: % Value Growth 2019-2024
  • Table 58 NBO Company Shares of Wound Care: % Value 2020-2024
  • Table 59 LBN Brand Shares of Wound Care: % Value 2021-2024
  • Table 60 Forecast Sales of Wound Care by Category: Value 2024-2029
  • Table 61 Forecast Sales of Wound Care by Category: % Value Growth 2024-2029
VITAMINS IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Consumer behaviour shifts to vitamin B with expanding formats to drive growth
  • Consumer awareness of combined supplements for targeted benefits
  • Health and beauty specialists remains dominant distribution channel
PROSPECTS AND OPPORTUNITIES
  • Time-release vitamins set to see demand
  • Private label set to capitalise on vitamin demand
Ageing population to support future demand for vitamin D
CATEGORY DATA
  • Table 62 Sales of Vitamins by Category: Value 2019-2024
  • Table 63 Sales of Vitamins by Category: % Value Growth 2019-2024
  • Table 64 Sales of Multivitamins by Positioning: % Value 2019-2024
  • Table 65 NBO Company Shares of Vitamins: % Value 2020-2024
  • Table 66 LBN Brand Shares of Vitamins: % Value 2021-2024
  • Table 67 Forecast Sales of Vitamins by Category: Value 2024-2029
  • Table 68 Forecast Sales of Vitamins by Category: % Value Growth 2024-2029
DIETARY SUPPLEMENTS IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Development of probiotics beyond immunity and digestive health concerns
  • Ageing population increases demand for supplements supporting cognitive function
  • Liver health gaining traction as social events resume
PROSPECTS AND OPPORTUNITIES
  • Marine-derived omega fatty acids offer additional benefits
  • Japanese brand perception and technology to support growth of dietary supplements
  • Men’s health supplements expand through herbal formulations
CATEGORY DATA
  • Table 69 Sales of Dietary Supplements by Category: Value 2019-2024
  • Table 70 Sales of Dietary Supplements by Category: % Value Growth 2019-2024
  • Table 71 Sales of Dietary Supplements by Positioning: % Value 2019-2024
  • Table 72 NBO Company Shares of Dietary Supplements: % Value 2020-2024
  • Table 73 LBN Brand Shares of Dietary Supplements: % Value 2021-2024
  • Table 74 Forecast Sales of Dietary Supplements by Category: Value 2024-2029
  • Table 75 Forecast Sales of Dietary Supplements by Category: % Value Growth 2024-2029
WEIGHT MANAGEMENT AND WELLBEING IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Weight loss through natural and sufficient eating behaviour
  • Japanese options drive additional growth for weight management
  • Nu Skin launches new series of weight management products
PROSPECTS AND OPPORTUNITIES
  • More consumers focus on fasting methods and healthier diets to achieve weight loss
  • Probiotics set to pose competition to weight loss supplements
  • Demand for weight management to rise as various formats promote convenience and accessibility
CATEGORY DATA
  • Table 76 Sales of Weight Management and Wellbeing by Category: Value 2019-2024
  • Table 77 Sales of Weight Management and Wellbeing by Category: % Value Growth 2019-2024
  • Table 78 NBO Company Shares of Weight Management and Wellbeing: % Value 2020-2024
  • Table 79 LBN Brand Shares of Weight Management and Wellbeing: % Value 2021-2024
  • Table 80 Forecast Sales of Weight Management and Wellbeing by Category: Value 2024-2029
  • Table 81 Forecast Sales of Weight Management and Wellbeing by Category: % Value Growth 2024-2029
SPORTS NUTRITION IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Sports nutrition in Hong Kong supported by ongoing fitness trends
  • Continued growth of sports nutrition through increasing accessibility
  • Protein powder flavours offer additional choice for localised palates
PROSPECTS AND OPPORTUNITIES
  • Sports nutrition is predicted to record continuous growth
  • Functional drinks to drive new product innovation
  • Plant-based proteins set to see greater demand
CATEGORY DATA
  • Table 82 Sales of Sports Nutrition by Category: Value 2019-2024
  • Table 83 Sales of Sports Nutrition by Category: % Value Growth 2019-2024
  • Table 84 NBO Company Shares of Sports Nutrition: % Value 2020-2024
  • Table 85 LBN Brand Shares of Sports Nutrition: % Value 2021-2024
  • Table 86 Forecast Sales of Sports Nutrition by Category: Value 2024-2029
  • Table 87 Forecast Sales of Sports Nutrition by Category: % Value Growth 2024-2029
HERBAL/TRADITIONAL PRODUCTS IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Local demand fuels sales growth of TCM options
  • Influenza as a catalyst to drive sales of herbal/traditional products
  • Lingzhi sees strong demand as competition to NMN supplements
PROSPECTS AND OPPORTUNITIES
  • Hong Kong’s advantages in terms of promoting herbal/traditional products
  • Continuation of targeted products for ageing population
  • Younger generations may require scientific support for traditional remedies
CATEGORY DATA
  • Table 88 Sales of Herbal/Traditional Products by Category: Value 2019-2024
  • Table 89 Sales of Herbal/Traditional Products by Category: % Value Growth 2019-2024
  • Table 90 NBO Company Shares of Herbal/Traditional Products: % Value 2020-2024
  • Table 91 LBN Brand Shares of Herbal/Traditional Products: % Value 2021-2024
  • Table 92 Forecast Sales of Herbal/Traditional Products by Category: Value 2024-2029
  • Table 93 Forecast Sales of Herbal/Traditional Products by Category: % Value Growth 2024-2029
PAEDIATRIC CONSUMER HEALTH IN HONG KONG, CHINAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Nasal sprays support growth of paediatric cough, cold and allergy remedies
  • Liquid and jelly formats support paediatric vitamins and dietary supplements
  • Supplements targeting eye and cognitive development move away from Western formulations
PROSPECTS AND OPPORTUNITIES
  • Specialised nutrition for paediatric healthcare to drive forecast period growth
  • Plant-based herbal ingredients may offer natural and gentler remedies
  • Health and personal care stores to remain dominant distribution channel
CATEGORY DATA
  • Table 94 Sales of Paediatric Consumer Health by Category: Value 2019-2024
  • Table 95 Sales of Paediatric Consumer Health by Category: % Value Growth 2019-2024
  • Table 96 NBO Company Shares of Paediatric Consumer Health: % Value 2020-2024
  • Table 97 LBN Brand Shares of Paediatric Consumer Health: % Value 2021-2024
  • Table 98 Forecast Sales of Paediatric Consumer Health by Category: Value 2024-2029
  • Table 99 Forecast Sales of Paediatric Consumer Health by Category: % Value Growth 2024-2029