In late 2016 and in 2017 jewellers increasingly partnered with hotels, event organisers, couturiers, flower shops, bakers, multimedia agencies and others engaged with arranging wedding celebrations to come up with events that would cater to ...

The review period saw huge demand amongst consumers for bags and luggage, as the travel industry thrived, especially for international destinations due to cheap, affordable airfares. Although this trend continued to be significant in 2017, the ...

Personal accessories saw a weaker performance in 2017 compared with the review period, due to various macro and socioeconomic factors, such as varying trust in the new government, the unstable international image of the country, rising inflation and ...

One of the biggest trends in watches over the last couple of years was the rapid growth in retail space at various price points, in strategic locations, and with a variety of target consumers; not only focused in large cities, but also spread across ...

The review period witnessed a sudden interest in colouring activities. Interestingly, this involved not only children, but also adults. The current trend is not moving away from this trend of artistic activities as a hobby, but rather widening to ...

The economy will grow at a solid pace in 2017. Robust growth in private final consumption and an increase in public spending on infrastructure (predicted to be 5.8%) are the main drivers. Improvements in investor confidence and rising FDI provide ...

In 2017, eyewear performed in line with the review period current value CAGR. The increasing image consciousness of consumers combined with the knowledge provided through social media awakened younger consumers to the benefits of eyewear not only for...

The increasing disposable incomes of many Filipino consumers over the review period resulted in the development of various lifestyle trends, heavily benefiting spectacles. One of the most obvious developments was the increase in consumers’ ...

Toys and games posted double-digit growth for the third consecutive year in the Philippines, primarily due to good economic performance translating to higher growth in consumer spending. Sales of traditional toys and games remained stable, buoyed by ...

Current value sales of traditional toys and games rose by 7% in 2016, slightly faster than its growth in 2015. This is primarily due to an increase in spending for recreation and culture, which grew faster than both GDP and household final ...

Mobile games continued to lead sales of video games with current value sales up by 32% in 2016 and accounting for 51% of the video games sales overall. The increase in the number of young gamers and the increasing length of time spent playing drives ...

2016 cemented the recovery of the beer category after the increase in the excise tax, thanks to the election-driven demand for domestic mid-priced and economy lager. The category benefited from the higher consumer spending typical of an election ...

In 2016, sales of cider/perry in the Philippines remained negligible, with the products only known among expatriates who have tried cider/perry in their home country or on their travels....

Whilst RTDs/high-strength premixes experienced a decline in popularity because of its competition with light and flavoured beer, the decline in total volume sales slowed down to 1% in 2016, with sales falling to 2.4 million litres. Filipinos are ...

Following a decline of 4% in total volume sales in 2015, spirits recovered in 2016, as total volume sales registered 5% growth, to reach 680 million litres. Growth was driven by the robust economy in the Philippines, which strengthened consumer ...

The robust Philippine economy in 2016 spurred higher consumer spending, which sustained demand for wine. Middle- to high-income consumers perceive wine as an aspirational product, and it is increasingly consumed both at home and in on-trade ...

Following sluggish growth in 2015, alcoholic drinks registered double-digit total volume growth in 2016, due to increased consumer spending during the election season. Despite the incremental increase on excise tax in various categories, beer, wine ...

The Philippines’ pursuance of regulatory reforms, relatively low wage rates, improved credit worthiness and focus on improving infrastructure makes its business climate more conducive. Though, heightened corruption concerns, alongside rising skills ...

No significant shifts in trends are expected in 2017. The steady increase in the appreciation of cats as pets is likely to continue in 2017, especially as cat cafés are growing in number. While some cat cafés are expanding in the number of outlets, ...

The prevailing market trends within dog food are expected to continue in 2017. A gradual shift towards health and wellness brands, however, is likely to occur as companies introduce more brand options. Pet owners with more disposable income are ...