The revival of normal social and economic activity and the return to physical workplaces is supporting renewed demand for footwear, and particularly more formal shoes. However, the experiences of the COVID-19 crisis are set to have an enduring effect on work practices in the Philippines as in many markets around the world, with many companies adopting hybrid work arrangements.
Filipino consumers generally display a significant degree of trust in established brands and are, therefore, expected to continue to purchase products from brands that they know when they can afford it. If a brand offers less expensive options, consumers will tend towards these products in an uncertain economic environment.
As in many other product categories within apparel and footwear and beyond, e-commerce has seen its position in footwear enhanced significantly by enforced changes to consumer lifestyles during the COVID-19 crisis. On the back of the crisis, Filipino consumers are getting more comfortable spending and buying footwear via e-commerce.
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Understand the latest market trends and future growth opportunities for the Footwear industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Footwear industry in Philippines, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of children's footwear, men's footwear and women's footwear. Includes all men’s, women’s and children’s outdoor and indoor shoes made of materials as leather, fabric or plastic. Outdoor shoes includes all dress shoes, trainers, sports shoes, sandals, boots, pumps, and high heels. Indoor shoes includes house-shoes and slippers. Items must be new when sold to the consumer; second-hand/used footwear is excluded. Antique and/or vintage footwear is also excluded. Sports footwear (broken out as a separate category) is included in total footwear figure. One pair of footwear constitutes one volume unit.See All of Our Definitions
This report originates from Passport, our Footwear research and analysis database.
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