Country Report

Weight Management in

Weight Management and Wellbeing in Hong Kong, China

Nov 2020

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Executive Summary

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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

COVID-19 related lifestyle changes trigger deep drop in sales of weight management products

2020 saw a steep fall of 18% for weight management and wellbeing, led by wholesale changes in lifestyles during lockdown that are encouraging consumers to adopt a more holistic approach to their weight management.

Slimming teas and nutritional supplement drinks hit hard

All categories have suffered severely in this context, but supplement nutrition drinks showed the deepest loss of 22% in 2020, with slimming teas also performing badly with a loss of 20%. In addition to the specific environmental changes resulting from COVID-19, these products also faced longer term pressures due to new and more convenient alternatives.

Herbalife continues to lead despite added competition

Herbalife continues to be the clear leader with a share of 36% in 2020, up from 35% in 2019, led by its strong network of sales representatives. The company also focused on promotions, with Cristiano Ronaldo appointed as global ambassador to reflect a healthy image.

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Weight Management Market Sample Report Weight Management Market Sample Data

Overview

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Weight Management industry in Hong Kong, China with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Weight Management industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Weight Management in Hong Kong, China market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Weight Management in Hong Kong, China?
What are the major brands in Hong Kong, China?
What is the market size of Weight Management in Hong Kong, China?
What are the major brands in Hong Kong, China?
Do consumers prefer appetite suppressants, blockers, burners, or craving suppressants?
Are slimming teas popular in Hong Kong, China?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Consumer Health market research database.

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Weight Management and Wellbeing in Hong Kong, China - Category analysis

KEY DATA FINDINGS

2020 IMPACT

COVID-19 related lifestyle changes trigger deep drop in sales of weight management products

Slimming teas and nutritional supplement drinks hit hard

Herbalife continues to lead despite added competition

RECOVERY AND OPPORTUNITIES

Recovery expected to be swift due to underlying demand from growing obese population

Brand origin and innovation in product formats are key considerations for purchase

CATEGORY DATA

Table 1 Sales of Weight Management and Wellbeing by Category: Value 2015-2020
Table 2 Sales of Weight Management and Wellbeing by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Weight Management and Wellbeing: % Value 2016-2020
Table 4 LBN Brand Shares of Weight Management and Wellbeing: % Value 2017-2020
Table 5 Forecast Sales of Weight Management and Wellbeing by Category: Value 2020-2025
Table 6 Forecast Sales of Weight Management and Wellbeing by Category: % Value Growth 2020-2025

Consumer Health in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer health

COVID-19 country impact

Company response

Retailing shift

What next for consumer health?

MARKET INDICATORS

Table 7 Consumer Expenditure on Health Goods and Medical Services: Value 2015-2020
Table 8 Life Expectancy at Birth 2015-2020

MARKET DATA

Table 9 Sales of Consumer Health by Category: Value 2015-2020
Table 10 Sales of Consumer Health by Category: % Value Growth 2015-2020
Table 11 NBO Company Shares of Consumer Health: % Value 2016-2020
Table 12 LBN Brand Shares of Consumer Health: % Value 2017-2020
Table 13 Distribution of Consumer Health by Format: % Value 2015-2020
Table 14 Distribution of Consumer Health by Format and Category: % Value 2020
Table 15 Forecast Sales of Consumer Health by Category: Value 2020-2025
Table 16 Forecast Sales of Consumer Health by Category: % Value Growth 2020-2025

Megatrends

Country Report

Weight Management and Wellbeing in Hong Kong, China

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

COVID-19 related lifestyle changes trigger deep drop in sales of weight management products

Slimming teas and nutritional supplement drinks hit hard

Herbalife continues to lead despite added competition

Samples

Overview

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Table of Contents

Weight Management and Wellbeing in Hong Kong, China - Category analysis

KEY DATA FINDINGS

2020 IMPACT

COVID-19 related lifestyle changes trigger deep drop in sales of weight management products

Slimming teas and nutritional supplement drinks hit hard

Herbalife continues to lead despite added competition

RECOVERY AND OPPORTUNITIES

Recovery expected to be swift due to underlying demand from growing obese population

Brand origin and innovation in product formats are key considerations for purchase

CATEGORY DATA

Consumer Health in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer health

COVID-19 country impact

Company response

Retailing shift

What next for consumer health?

MARKET INDICATORS

MARKET DATA

APPENDIX

OTC registration and classification

Vitamins and dietary supplements registration and classification

Self-medication/self-care and preventive medicine

Switches

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

DEFINITIONS

SOURCES

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