| Product Code: ETC7489433 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Hong Kong spandex import market continues to see a high concentration of shipments from key Asian countries like Vietnam, South Korea, Singapore, Japan, and Thailand. With the Herfindahl-Hirschman Index (HHI) indicating very high concentration in 2024, the market is becoming increasingly competitive. Despite a significant negative compound annual growth rate (CAGR) of -35.46% from 2020 to 2024, there was a remarkable growth spurt in 2024 with a growth rate of 166.22% from the previous year. This suggests a dynamic and rapidly evolving landscape for spandex imports in Hong Kong, driven by strong demand and changing market conditions.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Spandex Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Spandex Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Spandex Market - Industry Life Cycle |
3.4 Hong Kong Spandex Market - Porter's Five Forces |
3.5 Hong Kong Spandex Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Hong Kong Spandex Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Spandex Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for comfortable and stretchable clothing |
4.2.2 Increasing awareness and adoption of active lifestyle and athleisure wear |
4.2.3 Rising trend of sustainable and eco-friendly fashion |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Competition from alternative materials like polyester and nylon |
4.3.3 Impact of global economic conditions on consumer spending |
5 Hong Kong Spandex Market Trends |
6 Hong Kong Spandex Market, By Types |
6.1 Hong Kong Spandex Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Spandex Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Hong Kong Spandex Market Revenues & Volume, By Solution Dry-Spinning, 2021- 2031F |
6.1.4 Hong Kong Spandex Market Revenues & Volume, By Wet-Spinning, 2021- 2031F |
6.1.5 Hong Kong Spandex Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Hong Kong Spandex Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Spandex Market Revenues & Volume, By Clothing, 2021- 2031F |
6.2.3 Hong Kong Spandex Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.4 Hong Kong Spandex Market Revenues & Volume, By Others, 2021- 2031F |
7 Hong Kong Spandex Market Import-Export Trade Statistics |
7.1 Hong Kong Spandex Market Export to Major Countries |
7.2 Hong Kong Spandex Market Imports from Major Countries |
8 Hong Kong Spandex Market Key Performance Indicators |
8.1 Percentage of spandex content in new clothing collections |
8.2 Number of new entrants or expansions in the spandex manufacturing industry |
8.3 Adoption rate of innovative spandex blends in the market |
9 Hong Kong Spandex Market - Opportunity Assessment |
9.1 Hong Kong Spandex Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Hong Kong Spandex Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Spandex Market - Competitive Landscape |
10.1 Hong Kong Spandex Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Spandex Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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