The Retailing market in Hong Kong is set to grow rapidly by 2017

Thursday 1 August 2013, Amsterdam

The Retail Market in Hong Kong remains a high-potential market, with a CAGR of 8.08% expected between 2012 and 2017, according to a leading consumer specialist new report - The Future of Retailing in Hong Kong - which predicts that by 2017, the Retail market will continue to steadily increase and reach HKD557.6 billion.  

Value Retailers are set to contribute to the growth in Hong Kong’s retailing market.
Hong Kong’s retail market is set for healthy growth over the next four years, with a CAGR of 7.84% forecast between 2012 and 2017, which will see the market ultimately valued at HKD18,466.3 million. A significant driving factor for this growth will be the performance of value, variety, and general merchandise retailers, which are the largest channel in the sector with a share of 77%.

Furniture and floor coverings was the fastest-growing category group within the retail channel during the review period, registering a CAGR of 10.29%, and is expected to remain so during the forecast period, with a CAGR of 11.07% Whilst, the Food and Grocery sector will suffer a marked decline during the same period.


This report is the result of an extensive market research covering Retailing in Hong Kong. It offers:

• Authoritative and granular detail on the Retail market in Hong Kong, filling in gaps in marketers’ understanding of trends, and the components of change behind them.
• Data on volume and value changes, brand dynamics, and distribution trends.
• Detailed analysis of the retail markets, capturing the shift of new channels depending on the country, the effects of recession, and shifting consumer behavior.
• Detailed product sales segmentation for both volumes and values, including brand data and sales by distribution at the product category level.
• Future forecasts for the market.

This will facilitate:

• Identification of the market dynamics that account for Retail sales overall and proper understanding of which categories and segments will show growth in the coming years.
• The confident updating marketers’ strategic and tactical plans.
• Clear understanding of your own, and your competitors’, position in the market, and the accurate identification of where to compete in the future.