Luxury Foodservice in Hong Kong, China

November 2021 | 18 pages | ID: LC2F3BFCEB5EN
Euromonitor International Ltd

Abstracts

Luxury foodservice is expected to record dynamic growth in 2021, backed by a strong local consumer base, which will return to outlets as normal social and economic activity starts to resume as the threat from COVID-19 wanes and the vaccination programme is rolled out. Many local consumers will be keen to satisfy pent-up desire for luxury experiences, with luxury foodservice a perfect experiential treat after the difficult few years experienced by many Hong Kongers.

Euromonitor International's Luxury Foodservice in Hong Kong, China report offers a comprehensive guide to the size and shape of the Luxury Foodservice market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Foodservice retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Luxury Foodservice market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

LUXURY FOODSERVICE IN HONG KONG, CHINA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Luxury foodservice to see a strong rebound in 2021
Armani closures hit luxury foodservice in Hong Kong
Players were using price promotional activity to stimulate demand during the pandemic
PROSPECTS AND OPPORTUNITIES
Strong growth in 2021 but full recovery could take some time
Accelerated digital transformation
Luxury players face wide-ranging competition
CATEGORY DATA
Table 1 Sales in Luxury Foodservice: Value 2016-2021
Table 2 Sales in Luxury Foodservice: % Value Growth 2016-2021
Table 3 NBO Company Shares in Luxury Foodservice: % Value 2016-2020
Table 4 LBN Brand Shares in Luxury Foodservice: % Value 2017-2020
Table 5 Forecast Sales in Luxury Foodservice: Value 2021-2026
Table 6 Forecast Sales in Luxury Foodservice: % Value Growth 2021-2026
LUXURY GOODS IN HONG KONG, CHINA
EXECUTIVE SUMMARY
Luxury goods in 2021: The big picture
2021 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 7 Sales of Luxury Goods by Category: Value 2016-2021
Table 8 Sales of Luxury Goods by Category: % Value Growth 2016-2021
Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
Table 10 NBO Company Shares of Luxury Goods: % Value 2016-2020
Table 11 LBN Brand Shares of Luxury Goods: % Value 2017-2020
Table 12 Distribution of Luxury Goods by Format and Category: % Value 2021
Table 13 Forecast Sales of Luxury Goods by Category: Value 2021-2026
Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources