PROSPECTS AND OPPORTUNITIES
Sustainability and tax reforms drive growth in alcoholic drink packaging in Hong Kong
Total alcoholic drinks packaging unit volumes are expected to record a 3% CAGR over the forecast period, which can be attributed to several key factors. For example, the government’s decision to lower the spirits tax from 100% to 10% for beverages priced above HKD200, which was intended to stimulate the liquor trade and revitalise nightlife, potentially resulting in higher consumption and increased demand for packaging.
Premiumisation and health trend fuelling Hong Kong’s strong RTDs sales
RTDs are seeing strong growth in Hong Kong, driven by shifting consumer preferences and lifestyle changes. One significant trend in this category is the increasing demand for premium RTDs, reflecting a broader shift towards quality over quantity in alcohol consumption.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Alcoholic Drinks Packaging industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Alcoholic Drinks Packaging industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Alcoholic Drinks Packaging in Hong Kong, China report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Alcoholic Drinks Packaging in Hong Kong, China?
- Which are the major pack types and how are they performing in Hong Kong, China?
- Have there been any packaging legislative changes in the past 12 months?
- How are consumption trends impacting the packaging landscape?
- What are the key trends and latest product developments in packaging?
- How important are sustainability and recycling to consumers in Hong Kong, China?
- Where is future growth expected to be most significant?
Alcoholic Drinks Packaging in Hong Kong, China
KEY DATA FINDINGS
Surge in packaging driven by tax cuts, tourism revival and sustainability shifts
Packaging trends show a shift towards convenience and single-serve formats
Asahi’s 2-litre can redefines casual drinking with a shareable, space-saving format
Sustainability and tax reforms drive growth in alcoholic drink packaging in Hong Kong
Premiumisation and health trend fuelling Hong Kong’s strong RTDs sales
DISCLAIMER
The following categories and subcategories are included:
Alcoholic Drinks Packaging
-
- Dark Beer
-
- Flavoured/Mixed Lager
-
- Domestic Lager
- Imported Lager
- Non/Low Alcohol Beer
- Stout
- Cider/Perry
- RTDs
-
- Brandy and Cognac
- Liqueurs
- Rum
- Tequila (and Mezcal)
- Whiskies
- White Spirits
- Other Spirits
-
- Fortified Wine and Vermouth
- Non-Grape Wine
- Sparkling Wine
- Still Light Grape Wine
- Non Alcoholic Wine
Alcoholic Drinks Packaging
This is the aggregation of beer, cider/perry, RTDs/high-strength premixes, spirits and wine.
See all of our definitionsWhy 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 report originates from Passport, our Alcoholic Drinks Packaging research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!