PROSPECTS AND OPPORTUNITIES
Glass to drive growth in sauces, dips and condiments packaging amid rebound in local retail demand
Total sauces, dips and condiments packaging retail volumes in Hong Kong are forecast to grow at a compound annual growth rate (CAGR) of 1% over the forecast period, reaching 112 million units in 2029, rebounding from a recent slump. This anticipated recovery is primarily attributed to the stabilisation of cross-border shopping behaviours and a renewed emphasis on home cooking, as rising delivery costs and shifting consumer habits redirect more grocery expenditure towards local retail channels.
Mid-sized PET bottles to remain most popular in ketchup packaging in the future
Over the forecast period, 460g PET bottles is expected to solidify its position as the preferred pack size for ketchup in Hong Kong. As consumers increasingly prioritise convenience and cost-effectiveness in their daily purchases, this mid-sized format provides an optimal balance of volume, portability, and value.
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Overview:
Understand the latest market trends and future growth opportunities for the Sauces, Dips and Condiments 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 Sauces, Dips and Condiments 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 Sauces, Dips and Condiments 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 Sauces, Dips and Condiments 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?
Sauces, Dips and Condiments Packaging in Hong Kong, China
KEY DATA FINDINGS
Despite overall decline, the rise of salad dressings boosts demand for PET bottle packaging
Flexible pack types are redefining the future of sauces, dips and condiments packaging
Changing preferences push metal food cans out of favour in pasta sauces packaging
Glass to drive growth in sauces, dips and condiments packaging amid rebound in local retail demand
Mid-sized PET bottles to remain most popular in ketchup packaging in the future
DISCLAIMER
The following categories and subcategories are included:
Sauces, Dips and Condiments Packaging
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- Bouillon
- Gravy Cubes, Powders and Pots
- Herbs and Spices
- Monosodium Glutamate
- Tomato Pastes and Purées
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- Liquid Recipe Sauces (excl pasta sauces)
- Dry Recipe Sauces
- Pasta Sauces
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- Barbecue Sauces
- Chili Sauces
- Fish Sauces
- Ketchup
- Mayonnaise
- Mustard
- Oyster Sauces
- Salad Dressings
- Soy Sauces
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- Dips
- Pickled Products
- Other Sauces and Condiments
Why 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 Sauces, Dips and Condiments Packaging research and analysis database.
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