HONG
KONG - 2004 ESOMAR
Industry Study |
MR
turnover |
US
$69 million |
MR
turnover as % of
GDP |
0.04% |
MR
industry growth,
2003-2004 |
12.2% (Asia Pacific:
5.2%; World: 5%) |
Regional
ranking
(based
on turnover for Asia
Pacific countries) |
8 |
Global
ranking (based
on turnover) |
31 |
MR
spend per capita
|
US
$9.76 |
MR
spend as as proportion
of ad spend |
1.4% |
[Source:
2004 ESOMAR Industry
Study] |
Growth of the Hong Kong MR market was more than double the region’s average in 2004, and MR spend per capita is a healthy $9.76 - the highest in Asia after Japan and Singapore. However, MR spend as a proportion of ad spend is just 1.4% - one of the smallest proportions in the region. This compares with a figure of between 5% and 10% in most rich industrialised countries - showing the potential for growth of the MR industry as the market matures.
Trade bodies
The Marketing Research Society of Hong Kong
|