One Hong Kong dollar equals about 0.13 U.S. dollars and 0.12 euros (as of December 2024).
The source defines "cosmetics and skincare market" as follows: the market "consists of skincare products, make-ups and fragrances; but excludes personal care products, hair products, beauty equipment, etc."
Citation formats
Beauty product retail sales value in Hong Kong 2019-2028
In 2023, the total retail sales value of cosmetics and skincare products in Hong Kong reached **** billion Hong Kong dollars. The market has recovered rapidly from the COVID-19 pandemic, but not yet to the level in 2019. However, it was expected that the government's efforts to attract tourists would further revitalize the market, driving the retail sales of beauty products to a value of over ** billion Hong Kong dollars by 2028.
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HKExnews. (December 2, 2024). Total retail sales value of cosmetics and skincare products in Hong Kong from 2019 to 2023, with estimates until 2028 (in billion Hong Kong dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1032433/hong-kong-beauty-product-retail-sales-value/
HKExnews. "Total retail sales value of cosmetics and skincare products in Hong Kong from 2019 to 2023, with estimates until 2028 (in billion Hong Kong dollars)." Chart. December 2, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1032433/hong-kong-beauty-product-retail-sales-value/
HKExnews. (2024). Total retail sales value of cosmetics and skincare products in Hong Kong from 2019 to 2023, with estimates until 2028 (in billion Hong Kong dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1032433/hong-kong-beauty-product-retail-sales-value/
HKExnews. "Total Retail Sales Value of Cosmetics and Skincare Products in Hong Kong from 2019 to 2023, with Estimates until 2028 (in Billion Hong Kong Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 2 Dec 2024, /statistics/1032433/hong-kong-beauty-product-retail-sales-value/
HKExnews, Total retail sales value of cosmetics and skincare products in Hong Kong from 2019 to 2023, with estimates until 2028 (in billion Hong Kong dollars) ÌÇÐÄÆƽâ°æ, /statistics/1032433/hong-kong-beauty-product-retail-sales-value/ (last visited July 31, 2026)
Total retail sales value of cosmetics and skincare products in Hong Kong from 2019 to 2023, with estimates until 2028 (in billion Hong Kong dollars) [Graph], HKExnews, December 2, 2024. [Online]. Available: /statistics/1032433/hong-kong-beauty-product-retail-sales-value/
