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Food & Grocery Retail in Hong Kong

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    Report

  • 36 Pages
  • August 2024
  • Region: Hong Kong
  • MarketLine
  • ID: 6018090
Food & Grocery Retail in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
  • The Hong Kongese food & grocery retail market recorded revenues of $16.8 billion in 2023, representing a negative compound annual growth rate (CAGR) of 1.5% between 2018 and 2023.
  • The food segment accounted for the market's largest proportion in 2023, with total revenues of $13.4 billion, equivalent to 80% of the market's overall value.
  • In 2023, the contraction of the Hong Kong food & grocery retail market was primarily due to the aftermath of ongoing political unrest and economic uncertainties. The pro-democracy protests that began in 2019 have had a prolonged impact on consumer confidence and spending behavior.

Scope

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

Reasons to Buy

  • What was the size of the Hong Kong food & grocery retail market by value in 2023?
  • What will be the size of the Hong Kong food & grocery retail market in 2028?
  • What factors are affecting the strength of competition in the Hong Kong food & grocery retail market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Hong Kong's food & grocery retail market?

Table of Contents

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
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 are the strengths of leading players?
7.3. What are the most recent developments in the market?
8 Company Profiles
8.1. DFI Retail Group Holdings Ltd
8.2. CK Hutchison Holdings Ltd
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 food & grocery retail market value: $ million, 2018-23
Table 2: Hong Kong food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 3: Hong Kong food & grocery retail market category segmentation: $ million, 2018-2023
Table 4: Hong Kong food & grocery retail market geography segmentation: $ million, 2023
Table 5: Hong Kong food & grocery retail market value forecast: $ million, 2023-28
Table 6: DFI Retail Group Holdings Ltd: key facts
Table 7: DFI Retail Group Holdings Ltd: Annual Financial Ratios
Table 8: DFI Retail Group Holdings Ltd: Key Employees
Table 9: CK Hutchison Holdings Ltd: key facts
Table 10: CK Hutchison Holdings Ltd: Annual Financial Ratios
Table 11: CK Hutchison Holdings Ltd: Key Employees
Table 12: Hong Kong size of population (million), 2019-23
Table 13: Hong Kong real gdp (constant 2010 prices, $ billion), 2019-23
Table 14: Hong Kong gdp (current prices, $ billion), 2019-23
Table 15: Hong Kong inflation, 2019-23
Table 16: Hong Kong consumer price index (absolute), 2019-23
Table 17: Hong Kong exchange rate, 2018-23
List of Figures
Figure 1: Hong Kong food & grocery retail market value: $ million, 2018-23
Figure 2: Hong Kong food & grocery retail market category segmentation: $ million, 2018-2023
Figure 3: Hong Kong food & grocery retail market geography segmentation: % share, by value, 2023
Figure 4: Hong Kong food & grocery retail market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the food & grocery retail market in Hong Kong, 2023
Figure 6: Drivers of buyer power in the food & grocery retail market in Hong Kong, 2023
Figure 7: Drivers of supplier power in the food & grocery retail market in Hong Kong, 2023
Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in Hong Kong, 2023
Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in Hong Kong, 2023
Figure 10: Drivers of degree of rivalry in the food & grocery retail market in Hong Kong, 2023

Companies Mentioned (Partial List)

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

  • DFI Retail Group Holdings Ltd
  • CK Hutchison Holdings Ltd