Consumer Lifestyles in Hong Kong, China - New Market Study Published
Disposable income and spending have increased but some consumers have been left behind, including the elderly and many younger consumers. Hong Kong's high property prices have put home ownership out of reach of many consumers and this has dampened demand for a wide range of home-related products and services. On the other hand, there has greater demand for innovative furnishings that fit small spaces. Consumers are finally embracing mobile online shopping and continued growth is expected.
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