2013-03-14 10:44:45 - Fast Market Research recommends "Hong Kong Retail Report Q2 2013" from Business Monitor International, now available

Executive Summary

The Hong Kong Retail Report examines the long-term potential of the local consumer market, but flags short-term concerns about the impact on Hong Kong's economic outlook of the struggling property market as prices become even more overstretched.

The report examines how best to maximise returns in the Hong Kong retail market while minimising investment risk, and also explores the impact of a weakening global and, more crucially, Chinese economy on the Hong Kong consumer and on the ability of producers and exporters to realise returns in the short term. The report also analyses the growth and risk management strategies being employed by the leading players in the Hong Kong retail sector, as they seek to maximise the growth opportunities offered

by the local market.


Full Report Details at
- www.fastmr.com/prod/552303_hong_kong_retail_report_q2_2013.aspx


Hong Kong comes fifth out of seven in BMI's Asia Retail risk/reward ratings, although it outperforms significantly for risk.

Among all retail categories, over-the-counter (OTC) pharmaceuticals will be the outperformer through to 2017 in growth terms, with sales forecast to increase by 30% between 2013 and 2017, from US$0.34bn to US$0.44bn as locally involved companies take advantage of growth in the mainland Chinese drug market.In the competitive arena, BMI sees upside potential in the government's cost-cutting initiatives, which will benefit the generic drugs sector, and the strategic framework for the prevention and control of noncommunicable diseases, which should stimulate prescription and patented segments.

Over the last quarter, BMI has revised the following forecasts/views:

* With the downturn in the real estate market in mind, BMI has downgraded its forecasts for Hong Kong's real GDP growth. We now see 2012 growth in the city slowing from a previous estimate of 2.2% to 1.6%. This remains below consensus' projection of 2.5% and close to the midpoint of the government's recently revised forecast range of 1.0% to 2.0%. Our 2013 forecasts have also been revised downward to 2.5% from a previous estimate of 3.5%.
* The expected slowdown in Hong Kong's consumption story is starting to kick into full force. Retail sales, in terms of both value and consumption, are now printing single-digit growth figures, down sharply from an average 22.0% over 2010 and 2011. We expect the falling trend in consumption spending to extend into 2013 as recessionary pressures continue to mount and an expected uptick in unemployment starts to materialise. For these reasons, BMI is forecasting private consumption to grow 4.5% in 2012, before slowing to 3.0% in 2013, contributing 2.8 percentage points (pp) and 1.9pp respectively.

Report Table of Contents:

BMI Industry View
- Executive Summary
SWOT
- Retail SWOT
- Political
- Economic
- Business Environment
Industry Forecast
- Retail Growth Outlook
- Table: Retail Sales Indicators, 2010-2017
- Table: Retail Sales Breakdown By Key Segment, 2013f
Economic Analysis
Industry Risk Reward Ratings
- Risk Reward Ratings
- Asia Reward Ratings
- Asia Pacific Risk/Reward Ratings
- Table: Asia Pacific Retail Risk/Reward Ratings
Market Overview
- Key Players
- Current Trends
Regional Overview
- Regional Overview
- Table: Asia Pacific Retail Sales, 2010-2017 (US$bn)
- Table: Share Of Regional Retail Sales, 2010-2017 (%)
- Table: Asia Pacific Food Consumption, 2010-2017 (US$bn)
- Key Growth Drivers
- Economic Growth
- Population Growth
- Urbanisation
- Growth In Organised Retail
- Westernisation
- Multinational Investment
- Tourism
- Table: Asia Pacific Macroeconomic Outlook, 2010-2017
Mass Grocery Retail
- Mass Grocery Retail - SWOT
- Industry Forecast
- Table: Table: Mass Grocery Retail Sales - Historical Data & Forecasts
- Table: Table: Sales Breakdown by Retail Format Type
- Market Overview
- Table: Table: Structure Of Mass Grocery Retail Market By Estimated Number of Outlets
- Table: Table: Structure Of Mass Grocery Retail Market - Sales (HKDmn) By Format
- Table: Table: Structure Of Mass Grocery Retail Market - Sales (US$mn) By Format
- Table: Table: Average Sales Per Outlet By Format - 2012
Autos
- SWOT
- Table: Hong Kong Auto Industry SWOT
- Industry Forecast
- Market Overview
Consumer Electronics
- SWOT
- Hong Kong Electronics Industry SWOT
- Industry Forecast
- Table: Table: Consumer Electronics Overview, 2009-2016
- Market Overview
Demographic Forecast
- Table: Hong Kong's Population By Age Group, 1990-2020 ('000)
- Table: Hong Kong's Population By Age Group, 1990-2020 (% of total)
- Table: Hong Kong's Key Population Ratios, 1990-2020
- Table: Hong Kong's Rural And Urban Population, 1990-2020
Methodology
- Sources

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

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