| Product Code: ETC4724869 | 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 |
In 2024, Hong Kong continued to see a high concentration of salicylic acid imports, with Metropolitan France and China leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a strong market dominance among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 2.97%, showing consistent growth in demand. Notably, the impressive growth rate of 50.67% from 2023 to 2024 suggests a significant uptick in market activity, potentially driven by various factors such as shifting consumer preferences or industrial applications.

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 Salicylic Acid Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Salicylic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Salicylic Acid Market - Industry Life Cycle |
3.4 Hong Kong Salicylic Acid Market - Porter's Five Forces |
3.5 Hong Kong Salicylic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Salicylic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for skincare and haircare products containing salicylic acid due to its anti-inflammatory and exfoliating properties |
4.2.2 Growing awareness among consumers regarding the benefits of salicylic acid in treating acne and other skin conditions |
4.2.3 Rise in disposable income leading to higher spending on personal care products |
4.3 Market Restraints |
4.3.1 Potential side effects and skin irritation associated with the use of salicylic acid products |
4.3.2 Regulatory restrictions or bans on certain concentrations of salicylic acid in cosmetic products |
5 Hong Kong Salicylic Acid Market Trends |
6 Hong Kong Salicylic Acid Market Segmentations |
6.1 Hong Kong Salicylic Acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Salicylic Acid Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.3 Hong Kong Salicylic Acid Market Revenues & Volume, By Food & Preservatives, 2021-2031F |
6.1.4 Hong Kong Salicylic Acid Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.1.5 Hong Kong Salicylic Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Hong Kong Salicylic Acid Market Import-Export Trade Statistics |
7.1 Hong Kong Salicylic Acid Market Export to Major Countries |
7.2 Hong Kong Salicylic Acid Market Imports from Major Countries |
8 Hong Kong Salicylic Acid Market Key Performance Indicators |
8.1 Number of new product launches containing salicylic acid in the Hong Kong market |
8.2 Percentage increase in sales of salicylic acid-based skincare products |
8.3 Number of skincare clinics or dermatologists recommending products with salicylic acid |
9 Hong Kong Salicylic Acid Market - Opportunity Assessment |
9.1 Hong Kong Salicylic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Salicylic Acid Market - Competitive Landscape |
10.1 Hong Kong Salicylic Acid Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Salicylic Acid 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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