Hong Kong Banks Market Summary, Competitive Analysis and Forecast to 2027
Summary
Banks in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
The Hong Kongese banks industry group had total assets of $3,556.5 billion in 2022, representing a compound annual growth rate (CAGR) of 4% between 2017 and 2022.
The bank credit segment accounted for the industry group's largest proportion in 2022, with total assets of $1,378.8 billion, equivalent to 38.8% of the industry group's overall value.
The Hong Kongese banks industry group has expanded recently owing to several factors, such as a robust regulatory framework, increasing interest rates, and a highly skilled labor population. Additionally, the number of new households, which often require mortgages, mostly from banks, grew by over 25,000 in 2022, according to GlobalData.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Hong Kong
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Hong Kong
Leading company profiles reveal details of key banks market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Hong Kong banks market with five year forecasts
Reasons to Buy
What was the size of the Hong Kong banks market by value in 2022?
What will be the size of the Hong Kong banks market in 2027?
What factors are affecting the strength of competition in the Hong Kong banks market?
How has the market performed over the last five years?
What are the main segments that make up Hong Kong's banks 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
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 strengths of the leading players?
7.3. What are the strategies of the leading players?
8 Company Profiles
8.1. Bank of China Ltd
8.2. HSBC Holdings Plc
8.3. Hang Seng Bank Ltd
8.4. Standard Chartered Bank (Hong Kong) Ltd
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 banks industry value: $ billion, 2017–22
Table 2: Hong Kong banks industry category segmentation: % share, by value, 2017–2022
Table 3: Hong Kong banks industry category segmentation: $ billion, 2017-2022
Table 4: Hong Kong banks industry geography segmentation: $ billion, 2022
Table 5: Hong Kong banks industry value forecast: $ billion, 2022–27
Table 6: Bank of China Ltd: key facts
Table 7: Bank of China Ltd: Annual Financial Ratios