Pet Products in Hong Kong, China - New Study Released
Value growth is expected to be higher than volume growth in 2013 as a result of unit price increases. Consumers are shifting towards more premium products. Manufacturers continue to introduce innovative and expensive pet products in the various categories, including pet healthcare, pet dietary supplements, and within clothing and toys etc. With most pet owners hailing from middle-income families in Hong Kong, based on government statistics, pet owners are generally willing to spend money to...
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