Food & Grocery Retail in Hong Kong
Food & Grocery Retail in Hong Kong
Summary
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
Summary
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.
- 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
- 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?
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 MarketLine research
10.4. About MarketLine
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 MarketLine research
10.4. About MarketLine
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
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
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