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Hong Kong's paper and packaging market boasts a significant size and influence within the Asia-Pacific region. The total paper and paperboard packaging market in Hong Kong is expected to reach USD 5.5 billion by 2026, driven by the city's strong economic growth and thriving e-commerce industry.
Government Procurement Drives Demand
The Hong Kong government's procurement of paper and packaging materials plays a vital role in supporting the local industry. The government spends millions of dollars annually on various products and services, including:
Packaging materials: Cardboard boxes, corrugated boxes, paper bags, and other materials for shipping and storing goods.
Paper products: Stationery supplies, printing paper, envelopes, and hygiene products like tissues and paper towels.
Printing services: Brochures, pamphlets, business cards, and other printed materials for government communication and operations.
Top products: Corrugated boxes, paper bags, stationery supplies, printing services
Import reliance: Significant dependence on imported materials.
Top Authorities for Government Procurement
Central Procurement Office: Oversees the procurement of common-use items across all government departments.
Departmental Procurement Offices: Each government department has its own budget and procurement processes for specialized needs.
Top Winners of Government Procurement
Local distributors and suppliers: Companies established in Hong Kong with strong relationships with international paper and packaging manufacturers.
International paper and packaging companies: Major global players exporting their products to Hong Kong.
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