Hong Kong, China

2024 is a year of repositioning for Hong Kong as a destination. The Hong Kong travel industry is experiencing a nuanced recovery post-pandemic, with inbound tourism gradually returning to pre-pandemic levels. Notably, China, a key source market that…

In 2024, travel in Hong Kong is set to maintain its upward trajectory throughout the year, with inbound arrivals continuing to recover, driven by primary source market, mainland China. The reliance on Chinese tourists is intensifying, marking a…

The slow recovery of long-haul visitors to Hong Kong has been a significant hurdle for upscale and luxury hotels that traditionally cater for this segment. These visitors, known for longer stays and higher spending, have been notably absent,…

In the dynamic landscape of Hong Kong's booking sector, the convergence of tech-savvy consumers and a high fixed-cost business environment has catalysed a significant shift towards online booking platforms. This transformation, accentuated by the…

Airlines in Hong Kong are experiencing a promising revival as outbound travel sentiment among local residents remains robust. In fact, 40% of Hong Kong respondents plan to increase their spending on travel in 2024, according to Euromonitor…

Political stability comes at the cost of greater authoritarian tendencies and the erosion of democracy, although state finances remain sound. Output has recovered from recession and inflation is low, but the economy is very open and highly reliant on…

Local consumers have been paying greater attention to their diet since the pandemic and have been exploring different dietary plans. In Hong Kong, flexitarian and plant-based diets have attracted the most attention. A flexitarian diet promotes…

Although the World Health Organisation declared the COVID-19 pandemic to be over in early 2023, consumers in Hong Kong have retained a heightened sense of awareness around the impact of their diet on their health. During the pandemic, consumers were…

The health and wellness trend came to the fore following the outbreak of COVID-19 and although the World Health Organisation declared the health crisis to be over in early 2023 there remained a heightened demand for snacks with health and wellness…

The COVID-19 pandemic resulted in heightened health and wellness awareness among local consumers in Hong Kong. Although the pandemic was declared over by the World Health Organisation (WHO) in early 2023 many consumers remained focused on reducing…

The World Health Organisation (WHO) declared the COVID-19 health crisis to be over in early 2023. Despite this, the pandemic left a lasting impact on the purchasing behaviour of consumers in Hong Kong, many of whom remained focused on products that…

Even before COVID-19 consumers in Hong Kong were starting to pay more attention to the impact of their diet on their health. However, the pandemic amplified this trend with consumers seeing a more immediate impact of being overweight or unhealthy,…

The health and wellness industry continues to gain greater significance overall, particularly in the wake of the pandemic, as consumers have become more cognisant of the negative impact of processed food and a range of drinks on their health and…

The overall demographic composition of Hong Kong continues to experience a constant shift, as the declining local population due to emigration is accompanied by a steady influx of arrivals from mainland China. This shift has been further amplified by…

As the popularity of plant-based dairy in Hong Kong continues to experience accelerated growth from the constant demand driven by health and wellness trends, the awareness and adoption of these products has expanded significantly to foodservice. With…

Retail demand for other dairy in Hong Kong remains sluggish, primarily driven by a shift in consumer preferences towards health and wellness. This shift in consumer behaviour has been a key factor contributing to the fall in retail volumes for other…

The lingering effects of inflation, combined with a constant rise in the cost of living in Hong Kong, have prompted a notable shift in consumer behaviour within the retail landscape. Faced with the pressure of higher everyday expenses, local…

The ongoing rise in the cost of living is having a significant impact on sales of dairy products and alternatives in Hong Kong. As the cost of living in the city continues to escalate, consumers are becoming increasingly cautious and price-sensitive…

Retail value sales of cheese in Hong Kong declined in the first half of 2024, primarily driven by a decrease in the overall unit price due to a heightened price war among players. While raw material and energy costs have stabilised compared to the…

The sustained rise in retail prices and the higher cost of living in Hong Kong have made consumers increasingly cautious with their spending habits. In response to these economic challenges, local consumers increasingly seek out alternative avenues…