| Product Code: ETC7486314 | 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 |
In 2024, Hong Kong continued to heavily rely on imports of plastic wrap, with top exporters including China, Japan, Taiwan, Germany, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth rate of 8.1% from 2023 to 2024. This suggests potential shifts in market dynamics and demand for plastic wrap in Hong Kong, warranting further analysis for industry players and policymakers.

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 Plastic Wrap Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Plastic Wrap Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Plastic Wrap Market - Industry Life Cycle |
3.4 Hong Kong Plastic Wrap Market - Porter's Five Forces |
3.5 Hong Kong Plastic Wrap Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Plastic Wrap Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Hong Kong Plastic Wrap Market Revenues & Volume Share, By Feature, 2021 & 2031F |
3.8 Hong Kong Plastic Wrap Market Revenues & Volume Share, By Processing Type, 2021 & 2031F |
3.9 Hong Kong Plastic Wrap Market Revenues & Volume Share, By Transparency, 2021 & 2031F |
3.10 Hong Kong Plastic Wrap Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.11 Hong Kong Plastic Wrap Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Hong Kong Plastic Wrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience and packaged food products |
4.2.2 Growing awareness about food safety and hygiene |
4.2.3 Rise in urbanization leading to busy lifestyles and higher consumption of packaged goods |
4.3 Market Restraints |
4.3.1 Environmental concerns related to plastic usage |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Competition from alternative packaging materials such as biodegradable wraps |
5 Hong Kong Plastic Wrap Market Trends |
6 Hong Kong Plastic Wrap Market, By Types |
6.1 Hong Kong Plastic Wrap Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Plastic Wrap Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Hong Kong Plastic Wrap Market Revenues & Volume, By Stretch Films, 2021- 2031F |
6.1.4 Hong Kong Plastic Wrap Market Revenues & Volume, By Shrink Films, 2021- 2031F |
6.1.5 Hong Kong Plastic Wrap Market Revenues & Volume, By Metallized Films, 2021- 2031F |
6.1.6 Hong Kong Plastic Wrap Market Revenues & Volume, By Twist Film, 2021- 2031F |
6.1.7 Hong Kong Plastic Wrap Market Revenues & Volume, By Release Film, 2021- 2031F |
6.1.8 Hong Kong Plastic Wrap Market Revenues & Volume, By Twist Rope, 2021- 2031F |
6.2 Hong Kong Plastic Wrap Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Plastic Wrap Market Revenues & Volume, By Polypropylene (PP), 2021- 2031F |
6.2.3 Hong Kong Plastic Wrap Market Revenues & Volume, By Polyethylene (PE), 2021- 2031F |
6.2.4 Hong Kong Plastic Wrap Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021- 2031F |
6.2.5 Hong Kong Plastic Wrap Market Revenues & Volume, By Polyethylene Terephthalate (PET), 2021- 2031F |
6.2.6 Hong Kong Plastic Wrap Market Revenues & Volume, By Ethylene Vinyl Alcohol Copolymer (EVOH), 2021- 2031F |
6.2.7 Hong Kong Plastic Wrap Market Revenues & Volume, By Ethylene-Vinyl Acetate (EVA), 2021- 2031F |
6.2.8 Hong Kong Plastic Wrap Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Hong Kong Plastic Wrap Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Hong Kong Plastic Wrap Market, By Feature |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Plastic Wrap Market Revenues & Volume, By Moisture Proof, 2021- 2031F |
6.3.3 Hong Kong Plastic Wrap Market Revenues & Volume, By Water Soluble, 2021- 2031F |
6.4 Hong Kong Plastic Wrap Market, By Processing Type |
6.4.1 Overview and Analysis |
6.4.2 Hong Kong Plastic Wrap Market Revenues & Volume, By Casting, 2021- 2031F |
6.4.3 Hong Kong Plastic Wrap Market Revenues & Volume, By Multiple Extrusion, 2021- 2031F |
6.4.4 Hong Kong Plastic Wrap Market Revenues & Volume, By Blow Molding, 2021- 2031F |
6.4.5 Hong Kong Plastic Wrap Market Revenues & Volume, By Injection Molding, 2021- 2031F |
6.5 Hong Kong Plastic Wrap Market, By Transparency |
6.5.1 Overview and Analysis |
6.5.2 Hong Kong Plastic Wrap Market Revenues & Volume, By Transparent, 2021- 2031F |
6.5.3 Hong Kong Plastic Wrap Market Revenues & Volume, By Translucent, 2021- 2031F |
6.5.4 Hong Kong Plastic Wrap Market Revenues & Volume, By Opaque, 2021- 2031F |
6.6 Hong Kong Plastic Wrap Market, By End-User |
6.6.1 Overview and Analysis |
6.6.2 Hong Kong Plastic Wrap Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.6.3 Hong Kong Plastic Wrap Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.6.4 Hong Kong Plastic Wrap Market Revenues & Volume, By Personal Care and Cosmetics, 2021- 2031F |
6.6.5 Hong Kong Plastic Wrap Market Revenues & Volume, By Chemical, 2021- 2031F |
6.6.6 Hong Kong Plastic Wrap Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Hong Kong Plastic Wrap Market, By Distribution Channel |
6.7.1 Overview and Analysis |
6.7.2 Hong Kong Plastic Wrap Market Revenues & Volume, By E-commerce, 2021- 2031F |
6.7.3 Hong Kong Plastic Wrap Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.7.4 Hong Kong Plastic Wrap Market Revenues & Volume, By Supermarket/Hypermarket, 2021- 2031F |
6.7.5 Hong Kong Plastic Wrap Market Revenues & Volume, By Supermarket/Hypermarket, 2021- 2031F |
6.7.6 Hong Kong Plastic Wrap Market Revenues & Volume, By Others, 2021- 2031F |
7 Hong Kong Plastic Wrap Market Import-Export Trade Statistics |
7.1 Hong Kong Plastic Wrap Market Export to Major Countries |
7.2 Hong Kong Plastic Wrap Market Imports from Major Countries |
8 Hong Kong Plastic Wrap Market Key Performance Indicators |
8.1 Percentage of households using plastic wrap for food storage |
8.2 Average annual growth rate of the food and beverage industry in Hong Kong |
8.3 Consumer perception surveys on the importance of food packaging hygiene |
9 Hong Kong Plastic Wrap Market - Opportunity Assessment |
9.1 Hong Kong Plastic Wrap Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Plastic Wrap Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Hong Kong Plastic Wrap Market Opportunity Assessment, By Feature, 2021 & 2031F |
9.4 Hong Kong Plastic Wrap Market Opportunity Assessment, By Processing Type, 2021 & 2031F |
9.5 Hong Kong Plastic Wrap Market Opportunity Assessment, By Transparency, 2021 & 2031F |
9.6 Hong Kong Plastic Wrap Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.7 Hong Kong Plastic Wrap Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Hong Kong Plastic Wrap Market - Competitive Landscape |
10.1 Hong Kong Plastic Wrap Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Plastic Wrap 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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