Street stalls/kiosks in Hong Kong is anticipated to maintain slow and steady growth momentum over the forecast five years. As tourism gradually recovers, these humble establishments are expected to regain their popularity amongst both locals and tourists.
Street stalls/kiosks is expected to witness continued fragmentation in the foreseeable future, particularly within the bubble tea segment. With an increasing number of players entering the market, it will be crucial for these businesses to differentiate themselves and appeal to both local consumers and tourists, who are confronted with a wide range of choices.
Street stalls/kiosks specialising in local delicacies are poised to undergo digital transformation to align with the changing behaviour of tourists. While traditional street stalls/kiosks primarily rely on cash transactions, the increasing tech-savviness of tourists, particularly those from mainland China, has created demand for seamless and digitised payment options during travel.
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Street Stalls/Kiosks
Small, sometimes mobile, foodservice providers characterised by a limited product offering and by low prices. Includes street stalls, street hawkers and foodservice kiosks where food is prepared in some way and served through a hatch or over a display counter to take away. Also includes kiosks and carts located externally or internally eg in shopping malls etc. As a rule, street stalls/kiosks outlets tend to be smaller than 100% home delivery/takeaway outlets, while menus are more limited, often (though certainly not always) with a greater emphasis on snack items, rather than full meals.
See All of Our DefinitionsThis report originates from Passport, our Street Stalls/Kiosks research and analysis database.
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