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Canned/Preserved Food Packaging in Hong Kong, China

Hong Kong canned food packaging market driven by consumers seeking quick meal solutions due to work time pressures


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2014-02-07 11:48:03 - Canned/Preserved Food Packaging in Hong Kong, China - a new market research report on companiesandmarkets.com

Unstable economic conditions in 2012 due to the euro crisis spurred consumers to spend more time at work as they feared losing their job. This left many consumers seeking quick meal solutions, such as canned/preserved food can be easily heated-up. This contributed to the positive growth performance of canned/preserved food packaging in 2012.

Canned/preserved food packaging is projected to grow by a 2% off-trade unit volume CAGR over the forecast period. As consumers become increasingly conscious of diet, stimulated by government campaigns on healthy living, some are likely to reduce their intake of canned/preserved food, which is often perceived to be laden with salt and preservatives. This is expected to limit the overall growth potential of canned/preserved food and therefore packaging.

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