Hong Kong, China

The COVID-19 pandemic added to Hong Kong’s economic problems in 2020, augmenting the unrest-caused decline in 2019. Using vast financial reserves, the country is expected to stabilise the economy over the short term, yet the US-China trade war and ...

In 2020, retail tissue saw much higher volume sales growth because of home seclusion, paper towels especially benefiting on account of increased hand washing and home cooking occasions, while boxed facial tissues were in greater demand owing to much ...

In 2020, the pandemic in Hong Kong led to many job losses and a steep decline in disposable income. It also caused distribution to narrow for goods sold in brick-and-mortar stores, affecting product availability, while because of home seclusion and ...

Consumer foodservice in Hong Kong in 2020 was significantly restricted by social distancing policies, with the number of patrons in restaurants being reduced, while there was even a complete ban on eat-in during peak periods of new cases. Home ...

Volume sales of retail tissue recorded much stronger growth in 2020 due to extended time spent at home amid COVID-19. Paper towels made the most gains due to more frequent cooking and hand washing. Toilet paper also received significantly higher ...

General purpose wipes used to mainly be habitually consumed among a loyal segment of Hong Kongers with high hygiene awareness and thus greater demand for on-the-go cleaning regardless of occasions and locations. This group of customers also make use ...

Consumer demand for sanitary protection remained steady in 2020, with low volume sales growth continuing to be posted. There was, however, given the threat of COVID-19, a greater emphasis on antibacterial products. Regardless of home seclusion and ...

COVID-19 social distancing and home seclusion constrained the capacity for some promotional activities by players in 2020. For example, sponsorship for crawling competitions was affected, as were various activities in mother and baby clubs. A higher ...

There was no presence of hypermarkets in Hong Kong at the end of the review period, nor is there any data to suggest its entry over the forecast period....

COVID-19 drove a significant decline in retail current value sales of direct selling during 2020. During the first half of the year, this business model was disrupted by lockdown restrictions, and even after these were lifted, a fear of contagion ...

COVID-19 provided a significant boost to e-commerce in Hong Kong, with retail current value sales rising at their fastest rate in eight years during 2020. With physical stores forced to close their doors for an extended period during the spring and ...

The retail current value sales of supermarkets expanded by almost a fifth during 2020. There was a surge in demand during the early stages of the pandemic, when consumers began to prepare more meals at home and sought to stock up in anticipation of ...

Retail current value sales of homeshopping are very low in Hong Kong and in long-term decline: During 2020, they fell for the seventh consecutive year. Shopping at physical stores remains the preferred method among local consumers, given the high ...

The retail current value sales of convenience stores declined during 2020 due to the impact of COVID-19. A fear of contagion and social distancing measures imposed by the government led consumers to increase their basket size but make fewer shopping ...

The retail current value sales of apparel and footwear specialist retailers in Hong Kong plunged by more than half during 2020. COVID-19 led to a significant decline in tourist spending. Prior to the pandemic, tourists from mainland China had been ...

COVID-19 had a significant negative effect on the retail current value sales of home and garden specialist retailers during 2020. There was an unprecedented decline in demand for home furnishings. In Hong Kong, it is normal for the whole family to ...

Mobile e-commerce continues to grow in importance and accounted for almost a fifth of all e-commerce retail current value sales during 2020, with COVID-19 adding impetus to its expansion. Consumers value the convenience of shopping from their ...

The retail current value sales of electronics and appliance specialist retailers declined for the sixth consecutive year during 2020. While COVID-19 disrupted the operations of bricks-and-mortar retailers and some consumers remained reluctant to shop...

There was no presence of hypermarkets in Hong Kong at the end of the review period, nor is there any data to suggest its entry over the forecast period....

COVID-19 had a significant negative effect on bricks-and-mortar retailing in Hong Kong in 2020. Foot traffic was greatly reduced, as the pandemic made local consumers much less inclined to gather in groups for shopping. Meanwhile, many retailers have...