| Product Code: ETC7473723 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Hong Kong market for boswellia extracts saw a shift in the top exporting countries in 2024, with Singapore, Italy, China, Canada, and India leading the pack. Despite a high Herfindahl-Hirschman Index (HHI) concentration in 2023, it remained high in 2024. The market experienced a notable decline with a compound annual growth rate (CAGR) of -15.34% from 2020 to 2024. The growth rate from 2023 to 2024 further decreased by -28.73%, indicating a challenging landscape for boswellia extract imports in Hong Kong.

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 Boswellia Extracts Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Boswellia Extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Boswellia Extracts Market - Industry Life Cycle |
3.4 Hong Kong Boswellia Extracts Market - Porter's Five Forces |
3.5 Hong Kong Boswellia Extracts Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Hong Kong Boswellia Extracts Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Hong Kong Boswellia Extracts Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Boswellia Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the health benefits of Boswellia extracts |
4.2.2 Increasing demand for natural and herbal products in Hong Kong |
4.2.3 Rising prevalence of chronic diseases driving the demand for alternative therapies such as Boswellia extracts |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality Boswellia extracts in the market |
4.3.2 Challenges in sourcing raw materials for Boswellia extract production |
4.3.3 Stringent regulations and compliance requirements in the herbal supplements industry in Hong Kong |
5 Hong Kong Boswellia Extracts Market Trends |
6 Hong Kong Boswellia Extracts Market, By Types |
6.1 Hong Kong Boswellia Extracts Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Boswellia Extracts Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Hong Kong Boswellia Extracts Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Hong Kong Boswellia Extracts Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Hong Kong Boswellia Extracts Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Boswellia Extracts Market Revenues & Volume, By Boswellia Serrata, 2021- 2031F |
6.2.3 Hong Kong Boswellia Extracts Market Revenues & Volume, By Boswellia Carterii, 2021- 2031F |
6.2.4 Hong Kong Boswellia Extracts Market Revenues & Volume, By Boswellia Frereana, 2021- 2031F |
6.2.5 Hong Kong Boswellia Extracts Market Revenues & Volume, By Boswellia Sacra, 2021- 2031F |
6.2.6 Hong Kong Boswellia Extracts Market Revenues & Volume, By Boswellia Papyrifera, 2021- 2031F |
6.3 Hong Kong Boswellia Extracts Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Boswellia Extracts Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.3.3 Hong Kong Boswellia Extracts Market Revenues & Volume, By Food and Beverage, 2021- 2031F |
6.3.4 Hong Kong Boswellia Extracts Market Revenues & Volume, By Aromatherapy, 2021- 2031F |
6.3.5 Hong Kong Boswellia Extracts Market Revenues & Volume, By Others, 2021- 2031F |
7 Hong Kong Boswellia Extracts Market Import-Export Trade Statistics |
7.1 Hong Kong Boswellia Extracts Market Export to Major Countries |
7.2 Hong Kong Boswellia Extracts Market Imports from Major Countries |
8 Hong Kong Boswellia Extracts Market Key Performance Indicators |
8.1 Consumer awareness level about Boswellia extracts and their benefits |
8.2 Number of new product launches containing Boswellia extracts in the Hong Kong market |
8.3 Adoption rate of Boswellia extracts in traditional medicine practices in Hong Kong |
9 Hong Kong Boswellia Extracts Market - Opportunity Assessment |
9.1 Hong Kong Boswellia Extracts Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Hong Kong Boswellia Extracts Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Hong Kong Boswellia Extracts Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Boswellia Extracts Market - Competitive Landscape |
10.1 Hong Kong Boswellia Extracts Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Boswellia Extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |