PROSPECTS AND OPPORTUNITIES
Luxury hotels set to remain leading growth driver of experiential luxury
Experiential luxury in Hong Kong is poised for steady growth over the forecast period, with the dominant luxury hotels expected to lead the charge with a predicted 4% current value CAGR (2025 constant value CAGR of 2%) to reach HKD21.4 billion by 2030.
Luxury hospitality shifts towards experiential offerings
The positive outlook for experiential luxury in Hong Kong will be influenced by a strategic emphasis on enhancing the offer through a blend of exclusivity, cultural authenticity, and wellness-oriented offerings. As the city aims to reclaim its status as a premier destination for affluent travellers, operators of luxury hotels are poised to incorporate sophisticated wellness facilities, such as integrated spa and fitness centres, alongside curated cultural experiences that highlight Hong Kong’s unique heritage.
Operators to further focus on sustainable practices to enhance brand integrity
Sustainable and responsible travel options are expected to become increasingly integral to the experiential luxury landscape in Hong Kong in the coming years, reflecting a global shift towards eco-conscious consumption among affluent travellers. Experiential luxury companies will likely invest significantly in green technologies, energy-efficient infrastructures, and waste reduction initiatives to meet this rising demand.
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Overview:
Understand the latest market trends and future growth opportunities for the Experiential Luxury 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 Experiential Luxury 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 Experiential Luxury in Hong Kong, China report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- 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 Experiential Luxury in Hong Kong, China?
- Which are the leading brands in Experiential Luxury in Hong Kong, China?
- How are products distributed in Experiential Luxury in Hong Kong, China?
- How important is tourism in evaluating demand for Experiential Luxury in Hong Kong, China?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How has COVID-19 and global recession impacted demand for luxury goods? What are the opportunities amidst the adversity?
- Where is future growth expected to be most dynamic?
Experiential Luxury in Hong Kong, China - Category analysis
KEY DATA FINDINGS
Luxury consumers drive demand for bespoke hospitality experiences
Luxury hotels drive experiential luxury growth through innovation and tailored services
Rising emphasis on sustainability to attract eco-conscious consumers
Luxury hotels set to remain leading growth driver of experiential luxury
Luxury hospitality shifts towards experiential offerings
Operators to further focus on sustainable practices to enhance brand integrity
Luxury Goods in Hong Kong, China - Industry Overview
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for luxury goods?
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Experiential Luxury
- Luxury Foodservice
- Luxury Hotels
Experiential Luxury
This is an aggregation of Luxury Hotels and Luxury Foodservice.
See all of our definitionsWhy buy this report?
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- Track key industry trends, opportunities and threats
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This report originates from Passport, our Experiential Luxury research and analysis database.
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