Sports & Swimwear - Hong Kong

  • Hong Kong
  • In 2024, the Sports & Swimwear market in Hong Kong is projected to generate revenue of HKD €1.83bn.
  • This market is forecasted to grow at an annual rate of 6.18% (CAGR 2024-2029).
  • When compared globally, in the United States leads the pack with revenue reaching HKD €21,120m in 2024.
  • Taking into account the total population, the per person revenue in Hong Kong's Sports & Swimwear market is estimated to be HKD €244.60 in 2024.
  • Looking ahead to 2029, the volume in the Sports & Swimwear market is expected to reach 30.2m pieces units.
  • Additionally, there is projected to be a volume growth of 4.5% in 2025.
  • In 2024, the average volume per person in Hong Kong's Sports & Swimwear market is expected to be 3.3pieces units.
  • Hong Kong's demand for high-quality sports and swimwear is rapidly increasing due to the city's active and health-conscious lifestyle.

Key regions: Indonesia, Malaysia, United States, Philippines, China

 
Marché
 
Région
 
Comparaison de régions
 
Monnaie
 

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on the consumer spending on clothing which comprises women, men, and children segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).

Modeling approach / Market size:

Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Apparel market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional Notes :

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

Vue d’ensemble

  • Revenue
  • Sales Channels
  • Volume
  • Price
  • Key Players
  • Global Comparison
  • Methodology
  • Key Market Indicators
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