Hongkongers are increasingly pampering their pet cats, according to a survey that estimates the local market is worth HK$2.4 billion (US$305.7 million) a year thanks to owners who spend an average of about HK$2,000 a month on their feline companions.
Advertisement
The Exhibition Group, organiser of the Hong Kong Cat Expo 2025, said on Wednesday the annual market size had grown by 9 per cent against last year.
“The cat market in Hong Kong has continued to expand, and the consumption structure has also become more diversified,” said Shirley Chu Shuet-ling, general manager of the Exhibition Group.
“Cat owners are paying more attention to the health and quality of life of their cats, which can not only drive the development of related products such as pet food, medical products and insurance, but also promote the society’s attention to animal welfare and life education.”
The findings from the survey, which polled about 2,000 cat owners last month, showed that owners’ average monthly spending on their cats stood at HK$2,006, up by 6.2 per cent from the HK$1,889 recorded in a similar poll last year.
Advertisement
On average, an owner kept two or more cats.