Market and Potential of TCM
Hong Kong Market
IT is estaimated that 60% of the HK population
have consulted TCM practitioners, and a even higer percentage of the Chinese
people consume over-the-counter TCM products regularly. No officical figure
of TCM sales in Hong Kong, but it has been estaimated to be equal
to that of western pharmaceuticals sales , that is HK$1.7 billion in 1993.
Over 95% of the TCM medication are imported
from China Only about 500, out of 3000, of the available proprietary Chinese
medical products are manufactured locally. There are about 100 wholesalers
of raw or processed Chinese medicinal materials, and 200-300 propriety
Chinese medicine wholesalers in HK. And about 1600 retailing herbral shops
established in HK. The retailing market is competitive, but potential.