Hong Kong Banks Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
• The Hong Kongese banks industry group had total assets of $3,556.5 billion in 2022, representing a compound annual growth rate (CAGR) of 4% between 2017 and 2022.
• The bank credit segment accounted for the industry group's largest proportion in 2022, with total assets of $1,378.8 billion, equivalent to 38.8% of the industry group's overall value.
• The Hong Kongese banks industry group has expanded recently owing to several factors, such as a robust regulatory framework, increasing interest rates, and a highly skilled labor population. Additionally, the number of new households, which often require mortgages, mostly from banks, grew by over 25,000 in 2022, according to GlobalData.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Hong Kong
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Hong Kong
• Leading company profiles reveal details of key banks market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Hong Kong banks market with five year forecasts

Reasons to Buy

• What was the size of the Hong Kong banks market by value in 2022?
• What will be the size of the Hong Kong banks market in 2027?
• What factors are affecting the strength of competition in the Hong Kong banks market?
• How has the market performed over the last five years?
• What are the main segments that make up Hong Kong's banks market?