Electricals Retailing in Hong Kong, Market Shares, Summary and Forecasts to 2022

Electricals Retailing in Hong Kong, Market Shares, Summary and Forecasts to 2022

Summary

"Electricals Retailing in Hong Kong, Market Shares, Summary and Forecasts to 2022", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Hong Kong retail environment. In addition, it analyzes the key consumer trends influencing Hong Kong electricals industry.

The electricals sector in Hong Kong produced consistent negative growth during 2012-2017 due to the economic plunge and declining household consumption.

What else does this report offer??

• In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics


• The report also details major retailers in electricals category group with their product proposition analysis and market positioning in 2017 along with recent key developments


• Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors


• Retail sales and the fastest-growing product categories in electricals sector


• Qualitative and quantitative insights of changing retail dynamics in electricals sector.

Scope

• Hong Kong retail market is forecasted to grow at a CAGR of 3.5% during 2017-2022


• Growth of economy and improvement in disposable income set to drive sector sales


• Online retail grew rapidly to become the second largest channel as specialists lose share


• Large young population and growing use of smartphones to drive online sales


• Retailers are producing growth through surging online sales while in-store sales lag


• Six of the top 10 retailers registered a decline in sales in 2017.

Reasons to buy

• Gain a comprehensive knowledge on electricals sector in Hong Kong retail market and develop a competitive advantage from the start of your supply chain


• Investigate current and forecast behavior trends in electricals category to identify the best opportunities to exploit


• Analysis of key international and domestic players operating in the electricals market


• Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the electricals market


• Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior


• Analysis of key international and domestic players operating in Hong Kong retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share.