Appliances and Electronics Specialists in Hong Kong, China
After the disruptions to value sales during the 2019 protests and pandemic in 2020, appliances and electronics specialists returned to current value growth in Hong Kong in 2021 and 2022. However, in 2023 appliances and electronics specialists recorded a moderate decline in current value sales. Due to economic uncertainty consumer sentiment was low, and this was a major factor driving consumers to save up and reduce unnecessary expenses. Therefore, despite the distribution of the cash vouchers in...
Euromonitor International's Appliances and Electronics Specialists in Hong Kong, China report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Appliances and Electronics Specialists 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.
Appliances and Electronics Specialists in Hong Kong, China
Euromonitor International
March 2024
List Of Contents And Tables
APPLIANCES AND ELECTRONICS SPECIALISTS IN HONG KONG, CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Retail sales return to decline in 2023
In 2023 Gome exits the Hong Kong market
Yoho performs well with an OMO business model
PROSPECTS AND OPPORTUNITIES
Sales expected to return to growth over the forecast period
Online sales will continue to be driven by small appliances and electronic devices/ gadgets
Riding on cross-border e-commerce and retail sales
CHANNEL DATA
Table 1 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space 2018-2023
Table 2 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space: % Growth 2018-2023
Table 3 Appliances and Electronics Specialists GBO Company Shares: % Value 2019-2023
Table 4 Appliances and Electronics Specialists GBN Brand Shares: % Value 2020-2023