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Alcoholic Drinks
Hong Kong Wine Market 2024
The Hong Kong wine market is on track to grow from USD 1,610.4 million in 2023 to USD 2,271.5 million by 2029, with a projected CAGR of 5.9% across the forecast period. Hong Kong remains a key wine hub in Asia, driven by its status as a free port with favorable tariffs for wine import…
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Tissue and Hygiene
Hong Kong Feminine Hygiene Products Market 2024
Forecasts highlight a favorable growth outlook for the Hong Kong feminine hygiene products market, with a projected increase of USD 49.5 million and a compound annual growth rate (CAGR) close to 6.2% through 2029. Hong Kong’s feminine hygiene products market is driven by high consumer awareness and a preference for premium and eco-friendly products. With r…
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Alcoholic Drinks
Hong Kong Beer Market 2024
The Hong Kong beer market is poised for slight advancement, with expectations of rising from USD 1,124.4 million in 2023 to USD 1,481.2 million by 2029, capturing a CAGR of 4.7% during the forecast period. Hong Kong’s beer market is benefiting from increasing demand for premium and craft beers, driven by the growing middle class…
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Beverages
Hong Kong Tea Market 2024
The Hong Kong tea market is anticipated to witness significant growth, with an expected uptick of USD 104.2 million, equating to a compound annual growth rate (CAGR) of about 5.5% in the coming years. Hong Kong’s tea market is defined by a mix of traditional and modern preferences. While milk tea remains a cultural icon,…
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Personal Care Products
Hong Kong Perfume Market 2024
Forecasts highlight a favorable growth outlook for the Hong Kong perfume market, with a projected increase of USD 72.7 million and a compound annual growth rate (CAGR) close to 7.1% through 2029. Hong Kong’s perfume market is being driven by its status as a global fashion and beauty hub. The city’s affluent consumer base contin…
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Beverages
Hong Kong Carbonated Soft Drinks Market 2024
The Hong Kong carbonated soft drinks market is expected to see a slight increase of USD 70.8 million, translating to a compound annual growth rate (CAGR) of about 2.9% from 2024 to 2029. Hong Kong’s carbonated soft drinks market is supported by a mix of international and local brands, with demand driven by a growin…
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Dairy Products
Hong Kong Ice Cream Market 2024
An incremental growth of USD 74.1 million is forecasted for the Hong Kong ice cream market, which is likely to experience a CAGR of roughly 3.4% between 2024 and 2029. Hong Kong’s ice cream market is driven by a sophisticated consumer base with a preference for premium and international brands. There is a notable demand…
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Tissue and Hygiene
Hong Kong Baby Diapers Market 2024
Forecasts highlight a favorable growth outlook for the Hong Kong baby diapers market, with a projected increase of USD 83.0 million and a compound annual growth rate (CAGR) close to 6.2% through 2029. In Hong Kong, the baby diapers market is seeing growth driven by the city’s high-income population and the rising demand for premiu…
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Beverages
Hong Kong Energy Drinks Market 2024
Expected growth in the Hong Kong energy drinks market is projected at USD 18.3 million, reflecting a compound annual growth rate (CAGR) of approximately 4% during the upcoming 2024 to 2029 period. In Hong Kong, the energy drinks market benefits from a fast-paced lifestyle, with consumers seeking quick energy solutions. The increasing trend towards health…
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Beverages
Hong Kong Bottled Water Market 2024
The Hong Kong bottled water market is poised for slight advancement, with expectations of rising from USD 1,254.4 million in 2023 to USD 1,559.9 million by 2029, capturing a CAGR of 3.7% during the forecast period. In Hong Kong, rising concerns over water quality and health-conscious consumer behavior drive the bottled water market. With a dens…
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Beverages
Hong Kong Coffee Market 2024
The Hong Kong coffee market is on track for slight growth, expected to expand from USD 1,120.9 million in 2023 to USD 1,393.9 million by 2029, with a CAGR of 3.7% during the evaluated period. In Hong Kong, the coffee market is characterized by a sophisticated consumer base that favors premium and specialty coffee. The ra…