Market Insights Consumer Apparel Children's Apparel

Sports & Swimwear - Hong Kong

Hong Kong

In 2024, the Sports & Swimwear market in Hong Kong generated revenue amounting to HKD US$747.60m.
This market is projected to experience an annual growth rate of 6.29%, representing the compound annual growth rate (CAGR) from 2024 to 2029.
When compared to other countries globally, in the United States leads in revenue generation with a total of HKD US$13,120m in 2024.
In terms of per capita figures, each person in Hong Kong is estimated to generate HKD US$99.73 in revenue within the Sports & Swimwear market in 2024.
Looking ahead to 2029, the volume in the Sports & Swimwear market is expected to reach 18.5m pieces units.
Furthermore, there is an anticipated volume growth of 4.0% in 2025.
The average volume per person in the Sports & Swimwear market is projected to be 2.0pieces units in 2024.
"Despite its small size, Hong Kong has a thriving sports and swimwear market, with a strong emphasis on stylish and innovative designs."

Key regions: United States, Malaysia, Singapore, Germany, Europe

Market

Region

Region comparison

Currency

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on the consumer spending on clothing which comprises women, men, and children segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).

Modeling approach / Market size:

Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Apparel market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional Notes :

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.