Monthly expenditure on pet cats in Hong Kong has reached an all-time high of HK$2,062 (US$263), according to a new survey conducted by The Exhibition Group, organiser of the Hong Kong Cat Expo.
The record figure underscores a rapidly maturing segment of the local consumer market, driven by owners investing heavily in the health and comfort of their pets.
The surge in spending is largely attributed to the emergence of a "cat silver economy," a term used to describe the growing market for products and services tailored to ageing felines.
As the population of older cats in the city increases, owners are seeking higher-quality care, including specialised nutrition, veterinary services, and comfort-oriented accessories.
This demographic shift within the pet-owning community is creating new revenue opportunities for retailers and service providers in the sector.
This development in consumer behaviour occurs against a backdrop of broader economic activity in Hong Kong.