Hong Kong E-commerce Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Hong Kong e-commerce market is anticipated to register a CAGR of 8.7% over the forecast period from 2022 to 2027.
Key HighlightsIn Hong Kong, the competition in the e-commerce market has increased as the customer's adoption of online sales channels has grown. This growth is aided by an increase in internet penetration. The level of rivalry in the Hong Kong e-commerce market is medium due to the presence of a few significant market players. The number of local and global brands in the e-commerce market is increasing, which increases the competition in the market.
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