E-commerce, the fastest growing sector in Hong Kong
What
The e-commerce and retail industry is among the fastest-growing sectors in Hong Kong. With robust infrastructure and cutting-edge machinery, Hong Kong has experienced an astounding surge in e-commerce adoption. Also, digital consumer trends have been one of the reasons for the rise in demand for e-commerce. The e-commerce industry in Hong Kong provides its customers with convenience and satisfaction, which positively impacts the customer’s shopping experience and helps in creating a flattering image.
When it comes to online marketplaces, logistics and delivery services, Hong Kong offers numerous opportunities in these fields. With the increase in the use of online marketplaces, the demand for logistics and delivery services is also increasing.
Retail tech is also among the big players in Hong Kong that solidifies the economy of the city.
How
Hong Kong’s e‑commerce market is expected to reach USD 28.82 billion in 2026, growing at an annual rate of 9.42% (2023–2027), with user penetration rising from 80.9% in 2023 to 88.2% by 2027 and the total number of users projected to reach 6.6 million by 2027.
Opportunities for retail tech: Digitalization and innovative strategies to enhance the customer experience, automation, AI.
Contact us
For more information contact Johan Thurée at johan.thuree@business-sweden.se.