| Product Code: ETC4673265 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a significant decline in both the CAGR and growth rate, the Hong Kong gin import market continues to diversify its sources, with top exporters including the UK, Singapore, Japan, Italy, and the Netherlands in 2024. The low concentration level measured by the HHI indicates a competitive landscape, offering consumers a wide range of options. However, the negative growth trend suggests potential challenges that importers and distributors may need to address to stimulate demand and drive market recovery in the coming years.

Gin consumption in Hong Kong has experienced steady growth, fueled by a burgeoning cocktail culture and the rise of artisanal and craft gin brands. The gin market benefits from the region`s sophisticated nightlife and bar scene, with consumers increasingly exploring premium and flavored gins. The market is also influenced by the rising popularity of gin-based drinks, which has boosted demand in both retail and hospitality sectors.
The Hong Kong gin market is driven by changing consumer preferences toward premium and craft spirits. A growing interest in cocktail culture and mixology among urban consumers, particularly in the hospitality sector, also boosts demand. Moreover, the expansion of luxury dining and the tourism industry further stimulates the gin market, with consumers seeking high-quality alcoholic beverages.
The gin market in Hong Kong faces intense competition from other alcoholic beverages, such as whisky and wine. Consumer preferences are also shifting towards craft spirits, putting pressure on larger gin brands. Additionally, stringent alcohol import regulations and taxes add to the operational costs in the market.
The Hong Kong government has introduced regulatory policies surrounding the alcoholic beverages market, including gin. These policies are primarily focused on taxation, licensing, and import duties. Recent initiatives encourage the responsible marketing and consumption of alcoholic products. The government has also set quality control standards and labeling requirements to ensure the safety of imported spirits. Additionally, the promotion of local craft gin production is encouraged through relaxed regulations for small-scale distilleries.
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 Gin Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Gin Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Gin Market - Industry Life Cycle |
3.4 Hong Kong Gin Market - Porter's Five Forces |
3.5 Hong Kong Gin Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Hong Kong Gin Market Revenues & Volume Share, By Production Method, 2021 & 2031F |
3.7 Hong Kong Gin Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Hong Kong Gin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hong Kong Gin Market Trends |
6 Hong Kong Gin Market Segmentations |
6.1 Hong Kong Gin Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Gin Market Revenues & Volume, By London Dry Gin, 2021-2031F |
6.1.3 Hong Kong Gin Market Revenues & Volume, By Plymouth Gin, 2021-2031F |
6.1.4 Hong Kong Gin Market Revenues & Volume, By Genever/Dutch Gin, 2021-2031F |
6.1.5 Hong Kong Gin Market Revenues & Volume, By Old Tim Gin, 2021-2031F |
6.1.6 Hong Kong Gin Market Revenues & Volume, By New American Gin, 2021-2031F |
6.2 Hong Kong Gin Market, By Production Method |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Gin Market Revenues & Volume, By Pot Distilled Gin, 2021-2031F |
6.2.3 Hong Kong Gin Market Revenues & Volume, By Column Distilled Gin, 2021-2031F |
6.2.4 Hong Kong Gin Market Revenues & Volume, By Compound Gin, 2021-2031F |
6.3 Hong Kong Gin Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Gin Market Revenues & Volume, By Hypermarkets and Supermarkets, 2021-2031F |
6.3.3 Hong Kong Gin Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.4 Hong Kong Gin Market Revenues & Volume, By Drug Stores, 2021-2031F |
6.3.5 Hong Kong Gin Market Revenues & Volume, By Online Channel, 2021-2031F |
6.3.6 Hong Kong Gin Market Revenues & Volume, By HoReCa, 2021-2031F |
6.3.7 Hong Kong Gin Market Revenues & Volume, By Others, 2021-2031F |
7 Hong Kong Gin Market Import-Export Trade Statistics |
7.1 Hong Kong Gin Market Export to Major Countries |
7.2 Hong Kong Gin Market Imports from Major Countries |
8 Hong Kong Gin Market Key Performance Indicators |
9 Hong Kong Gin Market - Opportunity Assessment |
9.1 Hong Kong Gin Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Hong Kong Gin Market Opportunity Assessment, By Production Method, 2021 & 2031F |
9.3 Hong Kong Gin Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Hong Kong Gin Market - Competitive Landscape |
10.1 Hong Kong Gin Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Gin 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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