Hong Kong Food and Drink Report 2016 - Business Monitor International - Industry Reports

Hong Kong Food and Drink Report 2016

Hong Kong Food and Drink Report 2016 - Business Monitor International - Industry Reports
Hong Kong Food and Drink Report 2016
Published Oct 31, 2015
89 pages — Published Oct 31, 2015
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Hong Kong s economy expanded at a rapid pace in Q---, with real GDP growth coming in at an above- consensus -.- y-o-y. Looking ahead, we believe that downward pressures on the economy will intensify over the course of H---, and that these pressures will continue into ----. ...However, Q--- outperformance was achieved partially on the back of strong activity in the financial services sector, which was booming amid the final stages of the mainland s stock market bubble. While we believe that the stock market collapse will have only limited household wealth effects in China, it has significantly undermined economic confidence, and will therefore also affect Chinese tourism spending in Hong Kong. Whereas retail sales growth held up relatively well in June at -.- y-o-y, risks are firmly to the downside. ...Despite a reasonably bright economic outlook, we believe that Hong Kong offer limited long-term growth for fast-moving consumer goods (FMCG) companies.

...� Business Monitor International Ltd Page -- consumer markets, with a population of -.--mn and a highly mature consumer goods market. It is therefore unlikely that there will be significant investment into the country s consumer industries; instead, global players will look to newer, less developed markets for expansion. ...� Business Monitor International Ltd Page -- consumer markets, with a population of -.--mn and a highly mature consumer goods market. It is therefore unlikely that there will be significant investment into the country s consumer industries; instead, global players will look to newer, less developed markets for expansion. This is compounded by the fact that the country has a steadily ageing population, with the --+ age group forecast to increase to --.- of the population in ----, from --.- in ----. ...This is compounded by the fact that the country has a steadily ageing population, with the --+ age group forecast to increase to --.- of the population in ----, from --.- in ----. This means that Hong Kong will be unable to entice investors with a growing youthful consumer pool that is typically more active in terms of purchasing non-essential and higher-value consumer goods.

...Food Consumption BMI View: Hong Kong will experience modest food consumption growth throughout our forecast period to ----, mostly due to existing high spending levels and moderate economic growth. Most of the growth will come from premiumisation, while volume growth will be negligible due to a small consumer base and an ageing population. ...

  
Source:
Document ID
1749-2726
Country
Industry
Industry
Industry
Industry
Industry
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Hong Kong Food and Drink Report 2016" Oct 31, 2015. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hong-Kong-Food-and-Drink-Report-2016-2026-1068>
  
APA:
Business Monitor International - Industry Reports. (2015). Hong Kong Food and Drink Report 2016 Oct 31, 2015. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hong-Kong-Food-and-Drink-Report-2016-2026-1068>
  
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