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RTD Tea in Hong Kong, China
RTD Tea in Hong Kong, China RTD tea in Hong Kong remains a key staple for many local consumers, often replacing water for hydration or flavour familiarity while helping to cut through the oiliness of the average diet. The majority of RTD tea options are unsweetened, offering additional flavour in co ... Read More
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RTD Coffee in Hong Kong, China
RTD Coffee in Hong Kong, China RTD coffee in Hong Kong has made a strong recovery, fuelled by the return of full-time workers in need of an energy boost and relatively attractive pricing via off-trade. Many local office workers are increasingly finding on-trade coffee prices unreasonable, making RTD ... Read More
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Soft Drinks in Hong Kong, China
Soft Drinks in Hong Kong, China Soft drinks in Hong Kong is experiencing stable growth rates in 2024. However, Hong Kong's slow economic recovery means that value and volume sales for on-trade beverages have yet to return to pre-pandemic levels, primarily due to increased prices impacting both touri ... Read More
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Concentrates in Hong Kong, China
Concentrates in Hong Kong, China Despite stagnation in terms of demand, off-trade value sales of liquid concentrates in Hong Kong are gradually rising, driven by the appeal as a cost-effective alternative to juice, particularly because vitamin C is often included in these products. Juice-flavoured c ... Read More
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Juice in Hong Kong, China
Juice in Hong Kong, China Off-trade demand for juice in Hong Kong is steadily recovering, primarily driven by product development from Japanese imports that provide novel experiences for local consumers. The resurgence of juice pouches and fruit smoothies is contributing to positive, albeit undynami ... Read More
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Packaging Industry in Hong Kong, China
Packaging Industry in Hong Kong, China In 2023, Hong Kong's packaging market was seeing several significant developments, driven by factors such as health consciousness, sustainability and legislative changes. The health and wellness trend shifted consumer preferences from sugary beverages to health ... Read More
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Sports Drinks in Hong Kong, China
Sports Drinks in Hong Kong, China The return of international sporting events, the success of Hong Kong athletes at the Paris 2024 Olympics, and greater participation in sporting activities alongside brand availability are driving the growth of sports drinks in Hong Kong. As active lifestyles and ex ... Read More
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Bottled Water in Hong Kong, China
Bottled Water in Hong Kong, China Demand for bottled water in Hong Kong remains fairly stable and resilient, driven by fundamental needs for hydration purposes, particularly with growing tourist footfall. However, on-trade volume growth is slower and significantly below pre-pandemic levels, primaril ... Read More
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Energy Drinks in Hong Kong, China
Energy Drinks in Hong Kong, China Off-trade volume sales of energy drinks in Hong Kong have successfully recovery to pre-pandemic levels in 2024, largely due to the busy lifestyles of local consumers. For those who avoid coffee, sweet and refreshing energy drinks offer an appealing alternative for t ... Read More
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Carbonates in Hong Kong, China
Carbonates in Hong Kong, China The resurgence of tourism has greatly boosted sales of carbonates in Hong Kong, especially in convenience stores that are well-positioned to attract demand from both locals and inbound arrivals through new product development. Despite the dominance of cola carbonates, ... Read More
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Asian Speciality Drinks in Hong Kong, China
Asian Speciality Drinks in Hong Kong, China A rising focus on reduced sugar content is gaining traction across beverages in Hong Kong, and Asian speciality drinks is no exception. Leading category player Hung Fook Tong has successfully differentiated its products by updating the packaging of its ran ... Read More
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Consumer Credit in Hong Kong, China
Consumer Credit in Hong Kong, China Despite a sluggish economic outlook, Hong Kong residents have exhibited a robust appetite for borrowing. Following the relaxation of COVID-19 restrictions, there was a surge in pent-up demand for travel, dining, and entertainment. This led to increased spending, o ... Read More
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Hot Drinks in China
Hot Drinks in China In 2024, hot drinks in China is expected to see stable retail current value growth, with tea and other hot drinks rising, and coffee set to decline. Total volume consumption is expected to grow modestly, with foodservice volume growth set to marginally outpace retail. The hot dri ... Read More
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Other Hot Drinks in Hong Kong, China
Other Hot Drinks in Hong Kong, China Retail volume sales of other hot drinks in Hong Kong remain relatively flat, particularly due to the consumer perception that many of these products are laden with sugar. While health benefits are often highlighted, they may not be sufficient to satisfy health-co ... Read More
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Pre-Paid Cards in Hong Kong, China
Pre-Paid Cards in Hong Kong, China Pre-paid cards in Hong Kong continues to be mainly driven by the open loop format, with number of transactions, number of cards issued, and value transactions of the latter all continuing to rise in 2024. This is in contrast to the niche of closed loop pre-paid car ... Read More
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Tea in Hong Kong, China
Tea in Hong Kong, China Tea in Hong Kong is a mature category with a long, rich history, and therefore brands must continuously innovate to capture consumer interest in this highly competitive landscape. While demand for tea remains stable, players are employing various strategies to attract custome ... Read More
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Hot Drinks in Hong Kong, China
Hot Drinks in Hong Kong, China Hot drinks in Hong Kong is experiencing polarisation amid rising price inflation, with premium tea and coffee brands gaining traction alongside an increase in private label offerings. To attract consumers, brands are introducing smaller packaging sizes and new products ... Read More
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Financial Cards and Payments in Hong Kong, China
Financial Cards and Payments in Hong Kong, China The financial cards and payments landscape in Hong Kong is mature, yet debit cards still lag behind credit cards in terms of number of transactions and overall value, despite the higher number of debit cards in circulation. Credit cards dominates valu ... Read More
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Charge Cards in Hong Kong, China
Charge Cards in Hong Kong, China High net worth individuals (HNWIs) in Hong Kong plan to spend an average of HKD870,000 (approximately USD111,000) for travelling, according to a study by Standard Chartered Bank. Many of these high-spending individuals tend to prioritise the quality of their travel e ... Read More
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Coffee in Hong Kong, China
Coffee in Hong Kong, China Coffee in Hong Kong is experiencing a notable shift in consumer behaviour, with the premiumisation trend extending into instant coffee. This is transforming and elevating previous perceptions of instant coffee in the local market. As office work resumes full-time, value gr ... Read More
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Credit Cards in Hong Kong, China
Credit Cards in Hong Kong, China Since existing credit cards can already meet consumption needs, demand among Hong Kong’s citizens for new credit cards remains sluggish. However, growing credit card balances indicate that consumers are actively using their existing credit cards, and financial instit ... Read More
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Debit Cards in Hong Kong, China
Debit Cards in Hong Kong, China The local market boasts a mature card payment landscape, yet debit cards in Hong Kong holds relatively low share within payment transactions compared to credit cards. While overall card penetration rate is high, with 3.4 cards per inhabitant, credit and charge cards d ... Read More
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Consumer Types in Hong Kong, China
Consumer Types in Hong Kong, China Consumer Types can be a powerful tool to help companies better understand and appeal to their target markets. By going beyond typical demographic-based segmentation, such as age or gender, and grouping consumers based on shared traits and preferences, companies can ... Read More
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Analysis by Region - Asia Pacific - Hong Kong SAR
Analysis by Region - Asia Pacific - Hong Kong SAR We pencil in significant downside risks to our current 3% y/y forecast, given external demand has been weaker than expected. Q3 GDP contracted on a sequential, seasonally adjusted basis in line with our expectations, but base effects meant that GDP g ... Read More
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2024-2029 Hong Kong Anemia Diagnostic Testing Market Assessment - 2024 Supplier Shares and 2024-2029 Segment Forecasts by Test, Competitive Intelligence, Emerging Technologies, Instrumentation, Opportunities
2024-2029 Hong Kong Anemia Diagnostic Testing Market Assessment - 2024 Supplier Shares and 2024-2029 Segment Forecasts by Test, Competitive Intelligence, Emerging Technologies, Instrumentation, Opportunities This unique report from LeadingMarketResearch.com provides information and analysis not avai ... Read More