The outlook for street stalls/kiosks in Hong Kong is fairly stable, with the channel predicted to outperform several competing formats in terms of value growth (at constant 2024 prices) over the forecast period by continuing to cater for value-conscious consumers. With rising costs in the foodservice industry, both local consumers and tourists are increasingly seeking affordable yet satisfying dining options, making this channel more resilient compared to various other options.
As overseas bubble tea brands continue to enter Hong Kong, understanding local consumer preferences, pricing strategies, and menu innovation will be crucial for staying competitive. While Hong Kong remains a lucrative market for bubble tea, consumer expectations have evolved beyond just traditional milk tea.
As Hong Kong’s street stalls/kiosks continue to evolve, digital transformation and expanded payment methods are becoming essential for staying competitive. With the rise of cashless transactions and mobile payments, consumers increasingly expect convenience and efficiency when making purchases.
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Street Stalls/Kiosks
Small, sometimes mobile, foodservice providers characterised by a limited product offering and by low prices. Includes street stalls, street hawkers and foodservice kiosks where food is prepared in some way and served through a hatch or over a display counter to take away. Also includes kiosks and carts located externally or internally eg in shopping malls etc. As a rule, street stalls/kiosks outlets tend to be smaller than 100% home delivery/takeaway outlets, while menus are more limited, often (though certainly not always) with a greater emphasis on snack items, rather than full meals.
See all of our definitionsThis report originates from Passport, our Street Stalls/Kiosks research and analysis database.
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