Hong Kong Convenience Retailers Market Report 2025: 7-Eleven And Circle-K Maintain Overall Dominance Due To Strength In Convenience Stores

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, March 31, 2025 (GLOBE NEWSWIRE) -- The "Convenience Retailers in Hong Kong, China" report has been added to ResearchAndMarkets.com's offering.
Despite a marginal decline in 2024, driven by the dominant convenience stores, value sales through convenience retailers in Hong Kong remained significantly higher than pre-pandemic levels, while the number of outlets continued to rise. The channel is appreciated for offering products at more competitive prices than other retail formats in the city, including packaged sandwiches for on-the-go consumption.
The Convenience Retailers in Hong Kong, China report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Product coverage: Convenience Stores, Forecourt Retailers.
Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?

• Get a detailed picture of the Convenience Retailers 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.

Key Topics Covered:
KEY DATA FINDINGS
2024 DEVELOPMENTS

• Despite marginal decline amid significant pressures, value sales remain above pre-pandemic levels
• 7-Eleven and Circle-K maintain overall dominance due to strength in convenience stores
• New players enter following success in other retail channels

PROSPECTS AND OPPORTUNITIES

• Future challenges due to rising labour costs and rise in outbound tourism
• Change in payment methods and expanding product ranges to help drive growth
• Tourist spending patterns will be a boon for convenience retailers

RETAIL IN HONG KONG, CHINA
EXECUTIVE SUMMARY

• Retail in 2024: The big picture
• Changing consumer behaviour influences spending patterns
• E-commerce regains strong growth momentum, recording dynamic performance
• What next for retail?

OPERATING ENVIRONMENT

• Informal retail
• Opening hours for physical retail
• Seasonality
• China National Day (also known as Golden Week)
• Chinese New Year (Spring Festival)
• Christmas and New Year

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