Hong Kong Retail Report Q1 2016

Date: November 4, 2015
Pages: 64
US$ 1,295.00
Report type: Strategic Report
Delivery: Download

Download PDF Leaflet

Includes 3 FREE quarterly updates

BMI View: While Hong Kong retains its reputation as one of Asia's retail hotspots, the city state is facing a number of headwinds owing to its over-dependence on tourism. Declining visitor and spending amounts from mainland China have negatively impacted retail sales figures and this is expected to continue in 2016 with China's economic slowdown set to become more apparent. Despite this, Hong Kong households continue to enjoy increasing levels of disposable income and this helps offer some support for the retail sector throughout our forecast period.

Hong Kong's retail environment is deeply influenced by economic conditions in mainland China. The city state's reputation as a world class retail destination generates substantial amounts of retail sales from Chinese visitors alone. The city state received 47mn Chinese tourists in 2014, however, Chinese visitor numbers were down 10%, year-on-year, in July 2015. Visitors have also spent less during 2015 and these factors have lead to a fall in a number of sectors. Apparel saw a plunge. Local Hong Kong consumers, on the other hand, continue to exhibit resilient spending habits, in part due to their relatively stable economy and rising income levels. Total household spending is expected to grow by 7.94% this year and it will expand by over 6.5% each year for the rest of our forecast period. This helps ensure that mid-range spending remains stable and provides important support for the retail sector as a whole.
BMI Industry View
Industry Forecast
Headline Retail Forecast
  Table: Total Household Spending (Hong Kong 2012-2019)
  Table: Retail Sector Spending, % Of Total (Hong Kong 2012-2019)
  Table: Retail Sector Spending, % of GDP (Hong Kong 2012-2019)
  Table: Headline Retail Sector Spending (Hong Kong 2012-2019)
Retail Sector Forecast
Food, Drink & Tobacco
  Table: Food, Drink & Tobacco Spending (Hong Kong 2012-2019)
Clothing & Footwear
  Table: Clothing & Footwear Spending (Hong Kong 2012-2019)
Household Goods
  Table: Household Goods Spending (Hong Kong 2012-2019)
Household Numbers And Income Forecast
  Table: Household Income Data (Hong Kong 2012-2019)
  Table: Labour Market Data (Hong Kong 2012-2019)
Demographic Forecast
  Table: Total Population (Hong Kong 2012-2019)
  Table: Population: Babies (Hong Kong 2012-2019)
  Table: Population: Young Children (Hong Kong 2012-2019)
  Table: Population: Children (Hong Kong 2012-2019)
  Table: Population: Young Teens and Older Children (Hong Kong 2012-2019)
  Table: Population: Young People (Hong Kong 2012-2019)
  Table: Population: Older Teenagers (Hong Kong 2012-2019)
  Table: Population: 21yrs + (Hong Kong 2012-2019)
  Table: Population: Young Adults (Hong Kong 2012-2019)
  Table: Population: Middle Aged (Hong Kong 2012-2019)
  Table: Population: Urban (Hong Kong 2012-2019)
Macroeconomic Forecast
Economic Analysis
  Table: Economic Activity (Hong Kong 2010-2019)
Industry Risk Reward Ratings
Asia Risk/Reward Index
  Table: Asia Pacific Retail Risk/Reward Index, Q116
Hong Kong Risk/Reward Index
Market Overview
Competitive Landscape
Department Store Groups
Mass Grocery Retail (MGR)
Household Goods
Industry Forecast Methodology
Risk/Reward Index Methodology
  Table: Retail Risk/Reward Index Indicators
  Table: Weighting Of Indicators
Skip to top

Hong Kong Retail Report Q4 2010 US$ 1,295.00 Jul, 2010 · 58 pages
Hong Kong Retail Report Q2 2016 US$ 1,295.00 Feb, 2016 · 57 pages
Hong Kong Retail Report Q3 2016 US$ 1,295.00 May, 2016 · 61 pages
Hong Kong Retail Report Q4 2016 US$ 1,295.00 Jul, 2016 · 65 pages

Ask Your Question

Hong Kong Retail Report Q1 2016
Company name*:
Contact person*:
Request invoice
Your enquiry:
Please click on a Check Box below to confirm you are not a robot: