Value sales of stove top cookware (at constant 2023 prices) are expected to somewhat stagnate over the forecast period due to the increasing popularity of compact and multifunctional kitchen appliances, such as electric rice cookers and induction cooktops, reducing the inclination to purchase traditional stove top cookware. These modern appliances offer convenience and efficiency, appealing to consumers seeking time-saving solutions in their kitchens.
Value sales of dinnerware (at constant 2023 prices) are set to decline in Hong Kong over the forecast period, driven by shifting consumer preferences for more casual dining experiences and multipurpose kitchenware. As lifestyles became increasingly fast-paced, individuals will gravitate towards practical and versatile kitchenware options that could serve multiple functions, such as oven-to-table dishes or stackable storage containers, thereby diminishing the need for specialised dinnerware sets.
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Understand the latest market trends and future growth opportunities for the Homewares industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Homewares industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Homewares
Cooking utensils, dishes, tableware, cutlery, drinkware, serving trays and other small articles used in a home. Items must be new when sold to the consumer. Second-hand / used homewares are excluded, as are antique sales. Homewares refers to dining (beverageware, cutlery and dinnerware) and kitchen (cookware and kitchenware).
See All of Our DefinitionsThis report originates from Passport, our Homewares research and analysis database.
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