| Product Code: ETC4944319 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of electric plugs and sockets in Hong Kong have shown a shift in concentration, with top exporting countries being China, USA, Taiwan, Germany, and Japan in 2024. Despite a high Herfindahl-Hirschman Index (HHI) concentration in 2023, it increased further in 2024. However, the industry experienced a negative Compound Annual Growth Rate (CAGR) of -11.29% from 2020 to 2024, with a decline in growth rate of -14.46% from 2023 to 2024. This indicates a challenging market environment for electric plugs and sockets 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 Electric Plugs and Sockets Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Electric Plugs and Sockets Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Electric Plugs and Sockets Market - Industry Life Cycle |
3.4 Hong Kong Electric Plugs and Sockets Market - Porter's Five Forces |
3.5 Hong Kong Electric Plugs and Sockets Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Electric Plugs and Sockets Market Revenues & Volume Share, By Power rate, 2021 & 2031F |
3.7 Hong Kong Electric Plugs and Sockets Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Hong Kong Electric Plugs and Sockets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smart home devices and appliances requiring electric plugs and sockets |
4.2.2 Growing construction and infrastructure projects in Hong Kong leading to higher demand for electrical fittings |
4.2.3 Government initiatives promoting energy efficiency and use of sustainable electrical products |
4.3 Market Restraints |
4.3.1 Intense competition from local and international electric plug and socket manufacturers |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Stringent regulations and standards for electrical products in Hong Kong market |
5 Hong Kong Electric Plugs and Sockets Market Trends |
6 Hong Kong Electric Plugs and Sockets Market Segmentations |
6.1 Hong Kong Electric Plugs and Sockets Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Electric Plugs and Sockets Market Revenues & Volume, By Two-Pin, 2021-2031F |
6.1.3 Hong Kong Electric Plugs and Sockets Market Revenues & Volume, By Three-Pin, 2021-2031F |
6.1.4 Hong Kong Electric Plugs and Sockets Market Revenues & Volume, By Four-Pin, 2021-2031F |
6.1.5 Hong Kong Electric Plugs and Sockets Market Revenues & Volume, By Five-pin, 2021-2031F |
6.2 Hong Kong Electric Plugs and Sockets Market, By Power rate |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Electric Plugs and Sockets Market Revenues & Volume, By High Power, 2021-2031F |
6.2.3 Hong Kong Electric Plugs and Sockets Market Revenues & Volume, By Medium Power, 2021-2031F |
6.2.4 Hong Kong Electric Plugs and Sockets Market Revenues & Volume, By Low Power, 2021-2031F |
6.3 Hong Kong Electric Plugs and Sockets Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Electric Plugs and Sockets Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Hong Kong Electric Plugs and Sockets Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Hong Kong Electric Plugs and Sockets Market Revenues & Volume, By Industrial, 2021-2031F |
7 Hong Kong Electric Plugs and Sockets Market Import-Export Trade Statistics |
7.1 Hong Kong Electric Plugs and Sockets Market Export to Major Countries |
7.2 Hong Kong Electric Plugs and Sockets Market Imports from Major Countries |
8 Hong Kong Electric Plugs and Sockets Market Key Performance Indicators |
8.1 Percentage of households adopting smart home devices |
8.2 Number of new construction permits issued in Hong Kong |
8.3 Energy efficiency ratings of electric plugs and sockets introduced in the market |
9 Hong Kong Electric Plugs and Sockets Market - Opportunity Assessment |
9.1 Hong Kong Electric Plugs and Sockets Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Electric Plugs and Sockets Market Opportunity Assessment, By Power rate, 2021 & 2031F |
9.3 Hong Kong Electric Plugs and Sockets Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Hong Kong Electric Plugs and Sockets Market - Competitive Landscape |
10.1 Hong Kong Electric Plugs and Sockets Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Electric Plugs and Sockets 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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