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The Hong Kong Plastic and Rubber market is booming, driven by strong demand from electronics, construction, and packaging industries. The market size reached USD 15 billion in 2022, with imports accounting for 80% of the total. Key figures include 3,500 plastic and rubber manufacturers and 100,000 employees in the industry.
The Hong Kong government actively procures plastic and rubber products and services for its various departments and agencies. In 2022, the total procurement value reached USD 500 million, with medical supplies, construction materials, and office equipment being the major categories.
Main Plastic and Rubber Products and Services Procured by Hong Kong Government are:
Medical supplies: Disposable syringes, gloves, catheters, and other medical equipment.
Construction materials: PVC pipes, insulation materials, and rubber seals.
Office equipment: Printer cartridges, binders, and rubber bands.
Public transportation: Seats, handrails, and flooring for buses and trains.
Waste management: Plastic bins and bags for waste collection.
Top Authorities for Hong Kong Plastic and Rubber Procurement are:
Government Logistics Department: Responsible for central procurement of common-use items.
Hospital Authority: Procures medical supplies for public hospitals.
Construction Department: Procures materials for government construction projects.
Transport Department: Procures materials for public transportation infrastructure.
Environmental Protection Department: Procures equipment for waste management.
Top Winners of Hong Kong Plastic and Rubber Procurement Contracts are:
Jardine Matheson: Major supplier of medical supplies and construction materials.
Li & Fung: Leading supplier of office equipment and consumer goods.
Swire Pacific: Key player in transportation infrastructure and waste management.
Cheung Kong Group: Major developer and construction company.
Hutchison Whampoa: Diversified conglomerate with interests in various industries, including plastics and rubber.
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