Please Wait.....
Report
Consumer Lifestyles in Hong Kong, China
Market Direction I 2022-06-27 I 79 Pages I Euromonitor
Consumer Lifestylesoffers valuable insights into keyconsumer attitudes and current thinking,and theirimpactonpurchasing and consumption habits, quantifyingbehaviours, preferences and motivations and aligningthemwith broader trends in Hong Kong.
Euromonitor's Consumer Lifestyles in Hong Kong, China report analyses factors influencing national consumer expenditure. Consumer lifestyles reports include coverage of: population, urban development, home ownership, household profiles, labour, income, consumer and family expenditure, health, education, eating habits, drinking habits, shopping habits, personal grooming, clothing, leisure habits, savings and investments, media, communication, transport and travel and tourism. Use this report to understand the factors influencing a nation's lifestyle choices.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Consumer Overview market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market's major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
Scope
Consumer Landscape in Hong Kong in 2022
Life priorities
Just over half of Hong Kong consumers like to prioritise "me time"
Time for work less of a priority over other activities for younger consumers
Appearances are important to Hong Kong consumers
Curated experiences important to all generations, especially Generation X and baby boomers
Consumers will research products they consume and enjoy innovative products
Older generations more likely to research first and buy based on trust
Home life
High levels of activity in households, but being connected is the main event
Virtual connections important for all generations
Residents want homes that have easy access to public transport
Eating habits
Preference for meals out of home, delivery and convenience food well above global average
Consumers seek premium foods with added health benefits
Generation Z adopting a more flexitarian approach to food
Consumers snack more at the weekend and are less likely to have breakfast
Snacks are often consumed between meals by 40% of consumers
Working life
Ability to earn a high salary outweighs importance of work-life balance
Work-life balance important for millennials and Generation X
Younger generations put more value on earning a high salary
Flexibility and home-working front of mind for future working life
Prospects of retiring before typical retirement age low among baby boomers
Leisure habits
Over a third of respondents socialise online every week
High percentage of respondents shop as a leisure activity weekly
Baby boomers have a very active social life
Consumers enjoy holidaying close to home, with baby boomers taking most trips
Majority of holiday-makers want to go somewhere where they can relax
Older generations attracted by outdoor activities and nature
Health and wellness
Women more actively engaged with managing stress
Walking and running most regular exercise habits, but yoga very popular
Baby boomers exercise more regularly than other generations
A majority use massage to alleviate stress, but doing yoga is above the global average
Generation Z less likely to use herbal remedies compared to other generations
Sustainable living
Nearly 70% of respondents are worried about the impact of climate change
Older generations more engaged in actions to protect the environment
Consumers not as actively engaging in green behaviours as the global average
Respondents are less likely to use sustainable packaging than the global average
Hong Kong consumers prefer to buy from brands that support issues they value
Generation Z less engaged with political and social activities than other generations are
Shopping habits
Shopping centres popular, but consumers buy less to afford higher quality
Gen X keenest on shopping centres; baby boomers want personalised shopping experiences
Hong Kong consumers less likely than global average to trust independent consumer reviews
Product label information important influence for millennials
Enjoyment is the biggest motivator for subscription services
Millennials subscribe for the benefit of convenience above other motivations
Seeing and trying products and immediate purchase strong motivations to shop in-store
Generation X more motivated than other generations to shop in-store
Consumers more motivated to shop online for free returns and customised products
Best prices found online a key motivation for Generation X
Spending habits
Nearly half of Hong Kong consumers expect to increase spending on health and wellness
Generation Z focus on increasing savings, while baby boomers expect to spend more
Technology
Managing privacy settings and protecting personal data biggest concern
Baby boomers highly engaged with online technology
Gaming system ownership above global average
Generation Z report low ownership of smartwatches and fitness wearables
Over half of all Hong Kong respondents take part in online video gaming
All generations active on social networks, including over 70% of baby boomers
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security