Apparel Retail in Hong Kong
Summary
Apparel 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 apparel retail market is segmented into childrenswear, menswear, and womenswear. The market value represents retail sales.
- The Hong Kongese apparel retail industry recorded revenues of $6.4 billion in 2023, representing a negative compound annual growth rate (CAGR) of 3.3% between 2018 and 2023.
- The womenswear segment accounted for the industry's largest proportion in 2023, with total revenues of $4.2 billion, equivalent to 65.2% of the industry's overall value.
- The growth of the apparel retail industry is significantly driven by the expansion of online retail, which has become increasingly accessible and popular among consumers. The convenience of shopping online has led to a noticeable shift in consumer behavior, with more individuals turning to digital platforms for their fashion needs. According to GlobalData, the Hong Kongese online retail market reached $4.2 billion in 2023, marking a 7.2% increase from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in Hong Kong
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in Hong Kong
- Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Hong Kong apparel retail market with five year forecasts
- What was the size of the Hong Kong apparel retail market by value in 2023?
- What will be the size of the Hong Kong apparel retail market in 2028?
- What factors are affecting the strength of competition in the Hong Kong apparel retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Hong Kong's apparel 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
- 4.3. Market distribution
- 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 strategies of the leading players?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Bosideng International Holdings Ltd
- 8.2. Fast Retailing Co Ltd
- 8.3. H & M Hennes & Mauritz AB
- 8.4. Industria de Diseno Textil SA
- 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 apparel retail industry value: $ million, 2018-23
- Table 2: Hong Kong apparel retail industry category segmentation: % share, by value, 2018-23
- Table 3: Hong Kong apparel retail industry category segmentation: $ million, 2018-23
- Table 4: Hong Kong apparel retail industry geography segmentation: $ million, 2023
- Table 5: Hong Kong apparel retail industry distribution: % share, by value, 2023
- Table 6: Hong Kong apparel retail industry value forecast: $ million, 2023-28
- Table 7: Bosideng International Holdings Ltd: key facts
- Table 8: Bosideng International Holdings Ltd: Annual Financial Ratios
- Table 9: Bosideng International Holdings Ltd: Key Employees
- Table 10: Fast Retailing Co Ltd: key facts
- Table 11: Fast Retailing Co Ltd: Annual Financial Ratios
- Table 12: Fast Retailing Co Ltd: Key Employees
- Table 13: Fast Retailing Co Ltd: Key Employees Continued
- Table 14: Fast Retailing Co Ltd: Key Employees Continued
- Table 15: H & M Hennes & Mauritz AB: key facts
- Table 16: H & M Hennes & Mauritz AB: Annual Financial Ratios
- Table 17: H & M Hennes & Mauritz AB: Key Employees
- Table 18: H & M Hennes & Mauritz AB: Key Employees Continued
- Table 19: Industria de Diseno Textil SA: key facts
- Table 20: Industria de Diseno Textil SA: Annual Financial Ratios
- Table 21: Industria de Diseno Textil SA: Key Employees
- Table 22: Industria de Diseno Textil SA: Key Employees Continued
- Table 23: Hong Kong Size of Population (million), 2019-23
- Table 24: Hong Kong real GDP (Constant 2010 Prices, $ billion), 2019-23
- Table 25: Hong Kong GDP (Current Prices, $ Billion), 2019-23
- Table 26: Hong Kong Inflation, 2019-23
- Table 27: Hong Kong Consumer Price Index (Absolute), 2019-23
- Table 28: Hong Kong exchange rate, 2018-23
- List of Figures
- Figure 1: Hong Kong apparel retail industry value: $ million, 2018-23
- Figure 2: Hong Kong apparel retail industry category segmentation: $ million, 2018-23
- Figure 3: Hong Kong apparel retail industry geography segmentation: % share, by value, 2023
- Figure 4: Hong Kong apparel retail industry distribution: % share, by value, 2023
- Figure 5: Hong Kong apparel retail industry value forecast: $ million, 2023-28
- Figure 6: Forces driving competition in the apparel retail industry in Hong Kong, 2023
- Figure 7: Drivers of buyer power in the apparel retail industry in Hong Kong, 2023
- Figure 8: Drivers of supplier power in the apparel retail industry in Hong Kong, 2023
- Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in Hong Kong, 2023
- Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in Hong Kong, 2023
- Figure 11: Drivers of degree of rivalry in the apparel retail industry in Hong Kong, 2023
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