Hong Kong Consumer Electronics Retail Market Summary, Competitive Analysis and Forecast to 2027
Summary
Consumer Electronics Retail in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 consumer electronics retail market comprises the sales of communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment.
- The Hong Kong consumer electronics market had total revenues of $4.6 billion in 2022, representing a negative compound annual growth rate (CAGR) of 0.7% between 2017 and 2022.
- The communications equipment segment accounted for the market's largest proportion in 2022, with total revenues of $2.3 billion, equivalent to 50.1% of the market's overall value.
- The growth in the Hong Kong consumer electronics market in 2022 is influenced by several macroeconomic factors, such as technological advancement and growing consumer confidence. For instance, according to the City University of Hong Kong, the consumer confidence index in Hong Kong reached 70.6 in January 2022, up from 52.8 in July 2019.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the consumer electronics retail market in Hong Kong
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the consumer electronics retail market in Hong Kong
- Leading company profiles reveal details of key consumer electronics retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Hong Kong consumer electronics retail market with five year forecasts by both value and volume
- What was the size of the Hong Kong consumer electronics retail market by value in 2022?
- What will be the size of the Hong Kong consumer electronics retail market in 2027?
- What factors are affecting the strength of competition in the Hong Kong consumer electronics retail market?
- How has the market performed over the last five years?
- How large is Hong Kong’s consumer electronics retail market in relation to its regional counterparts?
- 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 key strengths of the leading players?
- 7.3. What is the rationale for the recent M&A activity?
- 8 Company Profiles
- 8.1. JD.com Inc
- 8.2. A.S. Watson Group (HK) 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 consumer electronics retail market value: $ million, 2017-22
- Table 2: Hong Kong consumer electronics retail market category segmentation: % share, by value, 2017-2022
- Table 3: Hong Kong consumer electronics retail market category segmentation: $ million, 2017-2022
- Table 4: Hong Kong consumer electronics retail market geography segmentation: $ million, 2022
- Table 5: Hong Kong consumer electronics retail market distribution: % share, by value, 2022
- Table 6: Hong Kong consumer electronics retail market value forecast: $ million, 2022-27
- Table 7: JD.com Inc: key facts
- Table 8: JD.com Inc: Annual Financial Ratios
- Table 9: JD.com Inc: Key Employees
- Table 10: A.S. Watson Group (HK) Ltd: key facts
- Table 11: A.S. Watson Group (HK) Ltd: Key Employees
- Table 12: Hong Kong size of population (million), 2018-22
- Table 13: Hong Kong gdp (constant 2005 prices, $ billion), 2018-22
- Table 14: Hong Kong gdp (current prices, $ billion), 2018-22
- Table 15: Hong Kong inflation, 2018-22
- Table 16: Hong Kong consumer price index (absolute), 2018-22
- Table 17: Hong Kong exchange rate, 2018-22
- List of Figures
- Figure 1: Hong Kong consumer electronics retail market value: $ million, 2017-22
- Figure 2: Hong Kong consumer electronics retail market category segmentation: $ million, 2017-2022
- Figure 3: Hong Kong consumer electronics retail market geography segmentation: % share, by value, 2022
- Figure 4: Hong Kong consumer electronics retail market distribution: % share, by value, 2022
- Figure 5: Hong Kong consumer electronics retail market value forecast: $ million, 2022-27
- Figure 6: Forces driving competition in the consumer electronics retail market in Hong Kong, 2022
- Figure 7: Drivers of buyer power in the consumer electronics retail market in Hong Kong, 2022
- Figure 8: Drivers of supplier power in the consumer electronics retail market in Hong Kong, 2022
- Figure 9: Factors influencing the likelihood of new entrants in the consumer electronics retail market in Hong Kong, 2022
- Figure 10: Factors influencing the threat of substitutes in the consumer electronics retail market in Hong Kong, 2022
- Figure 11: Drivers of degree of rivalry in the consumer electronics retail market in Hong Kong, 2022
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