| Product Code: ETC7472018 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Hong Kong continues to be a key market for arak imports, with top exporting countries including Singapore, China, Metropolitan France, Vietnam, and Belgium. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, reflecting strong competition among these exporters. The impressive compound annual growth rate (CAGR) of 11.51% from 2020 to 2024 highlights the increasing demand for arak in Hong Kong. Although the growth rate slightly slowed to 0.83% from 2023 to 2024, the overall trend suggests a promising market for arak importers in the region.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Arak Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Arak Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Arak Market - Industry Life Cycle |
3.4 Hong Kong Arak Market - Porter's Five Forces |
3.5 Hong Kong Arak Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Hong Kong Arak Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Hong Kong Arak Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of craft spirits and unique alcoholic beverages |
4.2.2 Growing interest in traditional and cultural drinks among consumers |
4.2.3 Rising tourism in Hong Kong leading to increased exposure to arak |
4.2.4 Innovation and introduction of new flavors and varieties in the arak market |
4.3 Market Restraints |
4.3.1 Regulatory challenges related to alcohol sales and distribution in Hong Kong |
4.3.2 Competition from other traditional and modern alcoholic beverages |
4.3.3 Fluctuations in raw material prices impacting production costs |
5 Hong Kong Arak Market Trends |
6 Hong Kong Arak Market, By Types |
6.1 Hong Kong Arak Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Arak Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Hong Kong Arak Market Revenues & Volume, By Obeidi or Merwah Grapes, 2021- 2031F |
6.1.4 Hong Kong Arak Market Revenues & Volume, By Anise Seeds, 2021- 2031F |
6.1.5 Hong Kong Arak Market Revenues & Volume, By Powder, 2021- 2031F |
6.2 Hong Kong Arak Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Arak Market Revenues & Volume, By Supermarket, 2021- 2031F |
6.2.3 Hong Kong Arak Market Revenues & Volume, By Travel Retail, 2021- 2031F |
6.2.4 Hong Kong Arak Market Revenues & Volume, By Liquor Shop, 2021- 2031F |
6.2.5 Hong Kong Arak Market Revenues & Volume, By Bar/Pub, 2021- 2031F |
7 Hong Kong Arak Market Import-Export Trade Statistics |
7.1 Hong Kong Arak Market Export to Major Countries |
7.2 Hong Kong Arak Market Imports from Major Countries |
8 Hong Kong Arak Market Key Performance Indicators |
8.1 Consumer engagement and feedback on new arak flavors and products |
8.2 Number of tourist visits to arak distilleries or tasting events |
8.3 Market penetration in key demographics or consumer segments |
8.4 Quality ratings and reviews of Hong Kong arak products |
8.5 Sustainability practices implemented in arak production process |
9 Hong Kong Arak Market - Opportunity Assessment |
9.1 Hong Kong Arak Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Hong Kong Arak Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Hong Kong Arak Market - Competitive Landscape |
10.1 Hong Kong Arak Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Arak Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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