Hong Kong Apparel Retail Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Apparel Retail in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-21, and forecast to 2026). 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 includes baby clothing, toddler clothing and casual wear, essentials, formalwear, formalwear-occasion, and outerwear for men, women, boys and girls; excludes sports-specific clothing. All market data and forecasts are represented as a consumer expenditure in retailers which includes sales taxes (e.g. VAT) and figures presented are in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The Hong Kongese apparel retail industry had total revenues of $5.9 billion in 2021, representing a compound annual rate of change (CARC) of -3.5% between 2017 and 2021.
- Clothing, footwear, and accessories specialists account for the largest proportion of sales in the Hong Kongese apparel retail industry in 2021, sales through this channel generated $3.0 billion, equivalent to 52% of the industry's overall value.
- In 2021, the Hong Kong industry witnessed swift growth as the lockdown measures were lifted and the economy witnessed recovery. According to in house research, Hong Kong unemployment rate decreased to 5.2% in 2021.
- 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 2021?
- What will be the size of the Hong Kong apparel retail market in 2026?
- 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?
- Who are the top competitors in 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 strategies do leading players follow?
- 7.3. What are the strengths of leading players?
- 7.4. Have any leading players struggled this year?
- 7.5. How has the political environment affected the market?
- 8 Company Profiles
- 8.1. Fast Retailing Co Ltd
- 8.2. H & M Hennes & Mauritz AB
- 8.3. Bosideng International Holdings Ltd
- 8.4. Inditex 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, 2016–21
- Table 2: Hong Kong apparel retail industry category segmentation: % share, by value, 2016–2021
- Table 3: Hong Kong apparel retail industry category segmentation: $ million, 2016-2021
- Table 4: Hong Kong apparel retail industry geography segmentation: $ million, 2021
- Table 5: Hong Kong apparel retail industry distribution: % share, by value, 2021
- Table 6: Hong Kong apparel retail industry value forecast: $ million, 2021–26
- Table 7: Fast Retailing Co Ltd: key facts
- Table 8: Fast Retailing Co Ltd: Annual Financial Ratios
- Table 9: Fast Retailing Co Ltd: Key Employees
- Table 10: Fast Retailing Co Ltd: Key Employees Continued
- Table 11: Fast Retailing Co Ltd: Key Employees Continued
- Table 12: H & M Hennes & Mauritz AB: key facts
- Table 13: H & M Hennes & Mauritz AB: Annual Financial Ratios
- Table 14: H & M Hennes & Mauritz AB: Key Employees
- Table 15: H & M Hennes & Mauritz AB: Key Employees Continued
- Table 16: Bosideng International Holdings Ltd: key facts
- Table 17: Bosideng International Holdings Ltd: Annual Financial Ratios
- Table 18: Bosideng International Holdings Ltd: Key Employees
- Table 19: Inditex SA: key facts
- Table 20: Inditex SA: Annual Financial Ratios
- Table 21: Inditex SA: Key Employees
- Table 22: Inditex SA: Key Employees Continued
- Table 23: Hong Kong size of population (million), 2017–21
- Table 24: Hong Kong gdp (constant 2005 prices, $ billion), 2017–21
- Table 25: Hong Kong gdp (current prices, $ billion), 2017–21
- Table 26: Hong Kong inflation, 2017–21
- Table 27: Hong Kong consumer price index (absolute), 2017–21
- Table 28: Hong Kong exchange rate, 2017–21
- List of Figures
- Figure 1: Hong Kong apparel retail industry value: $ million, 2016–21
- Figure 2: Hong Kong apparel retail industry category segmentation: $ million, 2016-2021
- Figure 3: Hong Kong apparel retail industry geography segmentation: % share, by value, 2021
- Figure 4: Hong Kong apparel retail industry distribution: % share, by value, 2021
- Figure 5: Hong Kong apparel retail industry value forecast: $ million, 2021–26
- Figure 6: Forces driving competition in the apparel retail industry in Hong Kong, 2021
- Figure 7: Drivers of buyer power in the apparel retail industry in Hong Kong, 2021
- Figure 8: Drivers of supplier power in the apparel retail industry in Hong Kong, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in Hong Kong, 2021
- Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in Hong Kong, 2021
- Figure 11: Drivers of degree of rivalry in the apparel retail industry in Hong Kong, 2021
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