Apparel and Footwear in Hong Kong, China

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,100	95 Pages	Euromonitor International	January, 2023	EP17660636

Attention: There is an updated edition available for this report.

Best Price Guarantee
Price	from $2,100
Length	95 Pages
Publisher	Euromonitor International
Published Date	January, 2023
SKU	EP17660636

Apparel and Footwear in Hong Kong, China

After experiencing a difficult time in 2020 due to COVID-19, followed by a rebound in 2021, 2022 was another challenging year for Hong Kong in terms of COVID-19. The fifth wave of the virus impacted the country in Q1 and Q2, resulting in a plunge in footfall to offline stores, pressurising these businesses, especially during the first half of the year. Double-digit volume and current value declines in overall apparel and footwear were therefore observed in 2022 due to both supply-side and demand...

Euromonitor International's Apparel and Footwear in Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2018-2022 and analysis by distribution format allowing you to identify the sectors driving growth. It identifies the leading companies, leading brands, and offers strategic analysis of key factors influencing the market. Forecasts to 2027 illustrate how the market is set to change.

Product coverage: Apparel, Footwear, Sportswear.

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

Why buy this report?
* Get a detailed picture of the Apparel and Footwear 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.

Apparel and Footwear in Hong Kong, China
Euromonitor International
January 2023
List Of Contents And Tables
APPAREL AND FOOTWEAR IN HONG KONG, CHINA
EXECUTIVE SUMMARY
Apparel and footwear in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for apparel and footwear?
MARKET DATA: Table 1 Sales of Apparel and Footwear by Category: Volume 2017-2022; Table 2 Sales of Apparel and Footwear by Category: Value 2017-2022; Table 3 Sales of Apparel and Footwear by Category: % Volume Growth 2017-2022; Table 4 Sales of Apparel and Footwear by Category: % Value Growth 2017-2022; Table 5 NBO Company Shares of Apparel and Footwear: % Value 2018-2022; Table 6 LBN Brand Shares of Apparel and Footwear: % Value 2019-2022; Table 7 Distribution of Apparel and Footwear by Format: % Value 2017-2022; Table 8 Distribution of Apparel and Footwear by Format and Category: % Value 2022; Table 9 Forecast Sales of Apparel and Footwear by Category: Volume 2022-2027; Table 10 Forecast Sales of Apparel and Footwear by Category: Value 2022-2027; Table 11 Forecast Sales of Apparel and Footwear by Category: % Volume Growth 2022-2027; Table 12 Forecast Sales of Apparel and Footwear by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES: Summary 1 Research Sources
WOMENSWEAR IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Falling sales of womenswear, with formalwear seeing a steeper decline
Athleisure maintains momentum, driving women’s tops and leggings to perform better than other categories
Local players expand their offline presence to further penetrate the local market
PROSPECTS AND OPPORTUNITIES
Womenswear set to gradually recover to the pre-pandemic level of sales
Omnichannel approach is the way to go in the local market
Demand for lingerie set to be increasingly sophisticated, and local players will gain traction
CATEGORY DATA: Table 13 Sales of Womenswear by Category: Volume 2017-2022; Table 14 Sales of Womenswear by Category: Value 2017-2022; Table 15 Sales of Womenswear by Category: % Volume Growth 2017-2022; Table 16 Sales of Womenswear by Category: % Value Growth 2017-2022; Table 17 NBO Company Shares of Womenswear: % Value 2018-2022; Table 18 LBN Brand Shares of Womenswear: % Value 2019-2022; Table 19 NBO Company Shares of Women's Nightwear: % Value 2018-2022; Table 20 LBN Brand Shares of Women's Nightwear: % Value 2019-2022; Table 21 NBO Company Shares of Women's Outerwear: % Value 2018-2022; Table 22 LBN Brand Shares of Women's Outerwear: % Value 2019-2022; Table 23 NBO Company Shares of Women’s Swimwear: % Value 2018-2022; Table 24 LBN Brand Shares of Women’s Swimwear: % Value 2019-2022; Table 25 NBO Company Shares of Women's Underwear: % Value 2018-2022; Table 26 LBN Brand Shares of Women's Underwear: % Value 2019-2022; Table 27 Forecast Sales of Womenswear by Category: Volume 2022-2027; Table 28 Forecast Sales of Womenswear by Category: Value 2022-2027; Table 29 Forecast Sales of Womenswear by Category: % Volume Growth 2022-2027; Table 30 Forecast Sales of Womenswear by Category: % Value Growth 2022-2027
MENSWEAR IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Menswear in decline, but with a more stable performance for athleisure products
Subdued demand for formalwear due to evolving consumer lifestyles
Border reopening leads to rebound for seasonal categories
PROSPECTS AND OPPORTUNITIES
Growth in menswear to be driven by return of tourists in the forecast period
Acceleration of omnichannel approach in the market
Sustainable menswear to remain a niche
CATEGORY DATA: Table 31 Sales of Menswear by Category: Volume 2017-2022; Table 32 Sales of Menswear by Category: Value 2017-2022; Table 33 Sales of Menswear by Category: % Volume Growth 2017-2022; Table 34 Sales of Menswear by Category: % Value Growth 2017-2022; Table 35 NBO Company Shares of Menswear: % Value 2018-2022; Table 36 LBN Brand Shares of Menswear: % Value 2019-2022; Table 37 NBO Company Shares of Men’s Nightwear: % Value 2018-2022; Table 38 LBN Brand Shares of Men’s Nightwear: % Value 2019-2022; Table 39 NBO Company Shares of Men’s Outerwear: % Value 2018-2022; Table 40 LBN Brand Shares of Men’s Outerwear: % Value 2019-2022; Table 41 NBO Company Shares of Men’s Swimwear: % Value 2018-2022; Table 42 LBN Brand Shares of Men’s Swimwear: % Value 2019-2022; Table 43 NBO Company Shares of Men’s Underwear: % Value 2018-2022; Table 44 LBN Brand Shares of Men’s Underwear: % Value 2019-2022; Table 45 Forecast Sales of Menswear by Category: Volume 2022-2027; Table 46 Forecast Sales of Menswear by Category: Value 2022-2027; Table 47 Forecast Sales of Menswear by Category: % Volume Growth 2022-2027; Table 48 Forecast Sales of Menswear by Category: % Value Growth 2022-2027
CHILDRENSWEAR IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Baby and toddler wear suffers less than boys’ and girls’ apparel
Family collections continue to gain traction, especially amongst local young parents
Shift to e-commerce calls for an omnichannel approach, with social media selling gaining traction amongst parents
PROSPECTS AND OPPORTUNITIES
Childrenswear to recover to pre-pandemic levels with return of tourist consumption and further integration into Greater Bay area
Local consumers’ desire for value for money indicates social media selling and the resale market may pose a risk to growth momentum
Sustainably-produced childrenswear will struggle to gain traction due to generally higher price points
CATEGORY DATA: Table 49 Sales of Childrenswear by Category: Volume 2017-2022; Table 50 Sales of Childrenswear by Category: Value 2017-2022; Table 51 Sales of Childrenswear by Category: % Volume Growth 2017-2022; Table 52 Sales of Childrenswear by Category: % Value Growth 2017-2022; Table 53 NBO Company Shares of Childrenswear: % Value 2018-2022; Table 54 LBN Brand Shares of Childrenswear: % Value 2019-2022; Table 55 Forecast Sales of Childrenswear by Category: Volume 2022-2027; Table 56 Forecast Sales of Childrenswear by Category: Value 2022-2027; Table 57 Forecast Sales of Childrenswear by Category: % Volume Growth 2022-2027; Table 58 Forecast Sales of Childrenswear by Category: % Value Growth 2022-2027
SPORTSWEAR IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Sportswear outperforms apparel and footwear, with the sustained athleisure trend and interest in exercise amongst locals
Continued fragmentation of sportswear, with key players losing share
Increased focus on functionality, especially in sports footwear
PROSPECTS AND OPPORTUNITIES
Sportswear to maintain momentum, with return of tourist consumption set to drive growth
Brand building to enhance brand equity will be key to differentiate in a fragmented category
Expansion of product portfolios to expand the customer base
CATEGORY DATA: Table 59 Sales of Sportswear by Category: Value 2017-2022; Table 60 Sales of Sportswear by Category: % Value Growth 2017-2022; Table 61 NBO Company Shares of Sportswear: % Value 2018-2022; Table 62 LBN Brand Shares of Sportswear: % Value 2019-2022; Table 63 Distribution of Sportswear by Format: % Value 2017-2022; Table 64 Forecast Sales of Sportswear by Category: Value 2022-2027; Table 65 Forecast Sales of Sportswear by Category: % Value Growth 2022-2027
JEANS IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Decline in jeans stronger than the average for apparel
Increasing focus on diversifying product portfolios amongst jeans specialists
Sustainability is not a determining factor in local consumers’ decision-making
PROSPECTS AND OPPORTUNITIES
Rebound expected for jeans in the coming five years as tourist consumption drives recovery
Personalisation to enhance brand equity and capture consumption power
New product development expected to focus on functionality going forward
CATEGORY DATA: Table 66 Sales of Jeans by Category: Volume 2017-2022; Table 67 Sales of Jeans by Category: Value 2017-2022; Table 68 Sales of Jeans by Category: % Volume Growth 2017-2022; Table 69 Sales of Jeans by Category: % Value Growth 2017-2022; Table 70 Sales of Men’s Jeans by Category: Volume 2017-2022; Table 71 Sales of Men’s Jeans by Category: Value 2017-2022; Table 72 Sales of Men’s Jeans by Category: % Volume Growth 2017-2022; Table 73 Sales of Men’s Jeans by Category: % Value Growth 2017-2022; Table 74 Sales of Women’s Jeans by Category: Volume 2017-2022; Table 75 Sales of Women’s Jeans by Category: Value 2017-2022; Table 76 Sales of Women’s Jeans by Category: % Volume Growth 2017-2022; Table 77 Sales of Women’s Jeans by Category: % Value Growth 2017-2022; Table 78 NBO Company Shares of Jeans: % Value 2018-2022; Table 79 LBN Brand Shares of Jeans: % Value 2019-2022; Table 80 Forecast Sales of Jeans by Category: Volume 2022-2027; Table 81 Forecast Sales of Jeans by Category: Value 2022-2027; Table 82 Forecast Sales of Jeans by Category: % Volume Growth 2022-2027; Table 83 Forecast Sales of Jeans by Category: % Value Growth 2022-2027; Table 84 Forecast Sales of Men’s Jeans by Category: Volume 2022-2027; Table 85 Forecast Sales of Men’s Jeans by Category: Value 2022-2027; Table 86 Forecast Sales of Men’s Jeans by Category: % Volume Growth 2022-2027; Table 87 Forecast Sales of Men’s Jeans by Category: % Value Growth 2022-2027; Table 88 Forecast Sales of Women’s Jeans by Category: Volume 2022-2027; Table 89 Forecast Sales of Women’s Jeans by Category: Value 2022-2027; Table 90 Forecast Sales of Women’s Jeans by Category: % Volume Growth 2022-2027; Table 91 Forecast Sales of Women’s Jeans by Category: % Value Growth 2022-2027
HOSIERY IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Low demand for hosiery due to COVID-19 restrictions
Brands offering functional and daily wear hosiery remain resilient
Hosiery elevates to become a fashion statement
PROSPECTS AND OPPORTUNITIES
Non-sheer hosiery will drive growth, with sheer hosiery seeing only slow recovery
Focus on functionality expected in the forecast period
Online sales to thrive in hosiery, as fit and feel are not determining factors in decision-making
CATEGORY DATA: Table 92 Sales of Hosiery by Category: Volume 2017-2022; Table 93 Sales of Hosiery by Category: Value 2017-2022; Table 94 Sales of Hosiery by Category: % Volume Growth 2017-2022; Table 95 Sales of Hosiery by Category: % Value Growth 2017-2022; Table 96 NBO Company Shares of Hosiery: % Value 2018-2022; Table 97 LBN Brand Shares of Hosiery: % Value 2019-2022; Table 98 Forecast Sales of Hosiery by Category: Volume 2022-2027; Table 99 Forecast Sales of Hosiery by Category: Value 2022-2027; Table 100 Forecast Sales of Hosiery by Category: % Volume Growth 2022-2027; Table 101 Forecast Sales of Hosiery by Category: % Value Growth 2022-2027
APPAREL ACCESSORIES IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Apparel accessories declines in line with industry performance
Face masks continues to gain traction, with more consumers shifting to reusable masks
Luxury brands see sluggish performances compared with 2021
PROSPECTS AND OPPORTUNITIES
Ties set to decline in the forecast period due to casualisation of workplace dress codes
Demand for face masks expected to drop drastically in the forecast period
Tourist consumption to aid growth and recovery to pre-pandemic level of sales
CATEGORY DATA: Table 102 Sales of Apparel Accessories by Category: Volume 2017-2022; Table 103 Sales of Apparel Accessories by Category: Value 2017-2022; Table 104 Sales of Apparel Accessories by Category: % Volume Growth 2017-2022; Table 105 Sales of Apparel Accessories by Category: % Value Growth 2017-2022; Table 106 NBO Company Shares of Apparel Accessories: % Value 2018-2022; Table 107 LBN Brand Shares of Apparel Accessories: % Value 2019-2022; Table 108 Forecast Sales of Apparel Accessories by Category: Volume 2022-2027; Table 109 Forecast Sales of Apparel Accessories by Category: Value 2022-2027; Table 110 Forecast Sales of Apparel Accessories by Category: % Volume Growth 2022-2027; Table 111 Forecast Sales of Apparel Accessories by Category: % Value Growth 2022-2027
FOOTWEAR IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Increasing focus amongst players on tapping into children’s footwear
Athleisure trend remains, with increasing consumer sophistication of demand and a search for functionality
E-commerce remains weaker in footwear than apparel due to fitting issues
PROSPECTS AND OPPORTUNITIES
Footwear to gain momentum, driven by the return of tourists
Expansion into apparel expected, especially amongst sports footwear players
Sustainable footwear will remain a niche
CATEGORY DATA: Table 112 Sales of Footwear by Category: Volume 2017-2022; Table 113 Sales of Footwear by Category: Value 2017-2022; Table 114 Sales of Footwear by Category: % Volume Growth 2017-2022; Table 115 Sales of Footwear by Category: % Value Growth 2017-2022; Table 116 NBO Company Shares of Footwear: % Value 2018-2022; Table 117 LBN Brand Shares of Footwear: % Value 2019-2022; Table 118 Distribution of Footwear by Format: % Value 2017-2022; Table 119 Forecast Sales of Footwear by Category: Volume 2022-2027; Table 120 Forecast Sales of Footwear by Category: Value 2022-2027; Table 121 Forecast Sales of Footwear by Category: % Volume Growth 2022-2027; Table 122 Forecast Sales of Footwear by Category: % Value Growth 2022-2027