| Product Code: ETC7484518 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Hong Kong continued to see a high concentration of Olibanum gum imports, with top exporters being Singapore, China, Taiwan, Greece, and Iran. Despite the challenging market conditions, the industry experienced a notable decline in both the compound annual growth rate (CAGR) from 2020 to 2024 at -17.57% and the growth rate from 2023 to 2024 at -43.51%. This indicates a shifting landscape for Olibanum gum imports in Hong Kong, reflecting changing consumer preferences or economic factors impacting trade dynamics.

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 Olibanum Gum Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Olibanum Gum Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Olibanum Gum Market - Industry Life Cycle |
3.4 Hong Kong Olibanum Gum Market - Porter's Five Forces |
3.5 Hong Kong Olibanum Gum Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Olibanum Gum Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Olibanum Gum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the health benefits of using olibanum gum in traditional medicine |
4.2.2 Increasing demand for natural and organic products in Hong Kong |
4.2.3 Rise in disposable income leading to higher spending on premium quality olibanum gum |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality olibanum gum due to geographical constraints |
4.3.2 Fluctuating prices of raw materials impacting the overall production cost |
5 Hong Kong Olibanum Gum Market Trends |
6 Hong Kong Olibanum Gum Market, By Types |
6.1 Hong Kong Olibanum Gum Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Olibanum Gum Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Hong Kong Olibanum Gum Market Revenues & Volume, By Tigraye, 2021- 2031F |
6.1.4 Hong Kong Olibanum Gum Market Revenues & Volume, By Ogaden, 2021- 2031F |
6.1.5 Hong Kong Olibanum Gum Market Revenues & Volume, By Borena, 2021- 2031F |
6.2 Hong Kong Olibanum Gum Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Olibanum Gum Market Revenues & Volume, By Perfume, 2021- 2031F |
6.2.3 Hong Kong Olibanum Gum Market Revenues & Volume, By Incense, 2021- 2031F |
6.2.4 Hong Kong Olibanum Gum Market Revenues & Volume, By Soap, 2021- 2031F |
6.2.5 Hong Kong Olibanum Gum Market Revenues & Volume, By Insecticide, 2021- 2031F |
6.2.6 Hong Kong Olibanum Gum Market Revenues & Volume, By Confectionary, 2021- 2031F |
6.2.7 Hong Kong Olibanum Gum Market Revenues & Volume, By Other, 2021- 2031F |
7 Hong Kong Olibanum Gum Market Import-Export Trade Statistics |
7.1 Hong Kong Olibanum Gum Market Export to Major Countries |
7.2 Hong Kong Olibanum Gum Market Imports from Major Countries |
8 Hong Kong Olibanum Gum Market Key Performance Indicators |
8.1 Percentage increase in the number of traditional medicine practitioners recommending olibanum gum |
8.2 Growth in the number of local retailers stocking olibanum gum products |
8.3 Number of new entrants in the market offering innovative olibanum gum products |
9 Hong Kong Olibanum Gum Market - Opportunity Assessment |
9.1 Hong Kong Olibanum Gum Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Olibanum Gum Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Olibanum Gum Market - Competitive Landscape |
10.1 Hong Kong Olibanum Gum Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Olibanum Gum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |