| Product Code: ETC5076521 | 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 Hong Kong skincare market saw a shift in import trends in 2024, with top exporters being South Korea, Singapore, China, Switzerland, and Japan. The high Herfindahl-Hirschman Index (HHI) concentration in 2023 decreased significantly in 2024, indicating a more diversified market landscape. Despite a negative compound annual growth rate (CAGR) of -14.15% from 2020 to 2024, there was a steep decline in growth rate from 2023 to 2024 at -33.07%. This suggests a challenging environment for skincare creams and lotions imports in Hong Kong, highlighting the need for innovative marketing strategies to stimulate demand.

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 Skincare Creams and Lotions Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Skincare Creams and Lotions Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Skincare Creams and Lotions Market - Industry Life Cycle |
3.4 Hong Kong Skincare Creams and Lotions Market - Porter's Five Forces |
3.5 Hong Kong Skincare Creams and Lotions Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Skincare Creams and Lotions Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Hong Kong Skincare Creams and Lotions Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about skincare and beauty products |
4.2.2 Growing demand for natural and organic skincare products |
4.2.3 Rising disposable income and willingness to spend on premium skincare items |
4.3 Market Restraints |
4.3.1 Intense competition from international and local skincare brands |
4.3.2 Regulatory challenges and compliance requirements in the skincare industry |
4.3.3 Economic uncertainties impacting consumer spending on non-essential items |
5 Hong Kong Skincare Creams and Lotions Market Trends |
6 Hong Kong Skincare Creams and Lotions Market Segmentations |
6.1 Hong Kong Skincare Creams and Lotions Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Skincare Creams and Lotions Market Revenues & Volume, By Face Cream, 2021-2031F |
6.1.3 Hong Kong Skincare Creams and Lotions Market Revenues & Volume, By Body Lotion, 2021-2031F |
6.2 Hong Kong Skincare Creams and Lotions Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Skincare Creams and Lotions Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 Hong Kong Skincare Creams and Lotions Market Revenues & Volume, By Supermarket & Hypermarket, 2021-2031F |
6.2.4 Hong Kong Skincare Creams and Lotions Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.5 Hong Kong Skincare Creams and Lotions Market Revenues & Volume, By Others, 2021-2031F |
7 Hong Kong Skincare Creams and Lotions Market Import-Export Trade Statistics |
7.1 Hong Kong Skincare Creams and Lotions Market Export to Major Countries |
7.2 Hong Kong Skincare Creams and Lotions Market Imports from Major Countries |
8 Hong Kong Skincare Creams and Lotions Market Key Performance Indicators |
8.1 Number of new product launches in the skincare creams and lotions segment |
8.2 Average spending per customer on skincare products |
8.3 Number of skincare influencers endorsing products in the market |
9 Hong Kong Skincare Creams and Lotions Market - Opportunity Assessment |
9.1 Hong Kong Skincare Creams and Lotions Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Skincare Creams and Lotions Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Hong Kong Skincare Creams and Lotions Market - Competitive Landscape |
10.1 Hong Kong Skincare Creams and Lotions Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Skincare Creams and Lotions 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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