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Hong Kong New Cars Market to 2027

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    Report

  • 51 Pages
  • November 2023
  • Region: Hong Kong
  • MarketLine
  • ID: 5927775
New Cars in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The market for new cars consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles.
  • Hong Kong captured a share of 2.6% in the Asia-Pacific new cars market, in 2022.
  • The Hong Kongese new cars market had total revenues of $22 billion in 2022, representing a compound annual growth rate (CAGR) of 0.3% between 2017 and 2022.
  • Market consumption volume increased with a CAGR of 0.1% between 2017 and 2022, to reach a total of 602.9 thousand units in 2022.

Scope

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

Reasons to Buy

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

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume 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. Market share
7.2. Who are the leading players?
7.3. What are the strengths of the leading players?
7.4. What strategies do the leading players follow?
7.5. What are the recent developments in the market?
8 Company Profiles
8.1. Toyota Motor Corporation
8.2. Bayerische Motoren Werke AG
8.3. Tesla, Inc.
8.4. Mercedes-Benz Group AG.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Hong Kong new cars market value: $ billion, 2017-22
Table 2: Hong Kong new cars market volume: units, 2017-22
Table 3: Hong Kong new cars market geography segmentation: $ billion, 2022
Table 4: Hong Kong new cars market value forecast: $ billion, 2022-27
Table 5: Hong Kong new cars market volume forecast: units, 2022-27
Table 6: Hong Kong new cars market share: % share, by volume, 2022
Table 7: Toyota Motor Corporation: key facts
Table 8: Toyota Motor Corporation: Annual Financial Ratios
Table 9: Toyota Motor Corporation: Key Employees
Table 10: Toyota Motor Corporation: Key Employees Continued
Table 11: Bayerische Motoren Werke AG: key facts
Table 12: Bayerische Motoren Werke AG: Annual Financial Ratios
Table 13: Bayerische Motoren Werke AG: Key Employees
Table 14: Tesla, Inc.: key facts
Table 15: Tesla, Inc.: Annual Financial Ratios
Table 16: Tesla, Inc.: Key Employees
Table 17: Mercedes-Benz Group AG.: key facts
Table 18: Mercedes-Benz Group AG.: Annual Financial Ratios
Table 19: Mercedes-Benz Group AG.: Key Employees
Table 20: Mercedes-Benz Group AG.: Key Employees Continued
Table 21: Hong Kong size of population (million), 2018-22
Table 22: Hong Kong gdp (constant 2005 prices, $ billion), 2018-22
Table 23: Hong Kong gdp (current prices, $ billion), 2018-22
Table 24: Hong Kong inflation, 2018-22
Table 25: Hong Kong consumer price index (absolute), 2018-22
Table 26: Hong Kong exchange rate, 2018-22
List of Figures
Figure 1: Hong Kong new cars market value: $ billion, 2017-22
Figure 2: Hong Kong new cars market volume: units, 2017-22
Figure 3: Hong Kong new cars market geography segmentation: % share, by value, 2022
Figure 4: Hong Kong new cars market value forecast: $ billion, 2022-27
Figure 5: Hong Kong new cars market volume forecast: units, 2022-27
Figure 6: Forces driving competition in the new cars market in Hong Kong, 2022
Figure 7: Drivers of buyer power in the new cars market in Hong Kong, 2022
Figure 8: Drivers of supplier power in the new cars market in Hong Kong, 2022
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Hong Kong, 2022
Figure 10: Factors influencing the threat of substitutes in the new cars market in Hong Kong, 2022
Figure 11: Drivers of degree of rivalry in the new cars market in Hong Kong, 2022
Figure 12: Hong Kong new cars market share: % share, by volume, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Toyota Motor Corporation
  • Bayerische Motoren Werke AG
  • Tesla, Inc.
  • Mercedes-Benz Group AG.