Philippines

A higher level of urbanisation and increased household income are set to stimulate consumer market expansion in the Philippines through to 2040. However, systemic corruption and a high poverty rate, as well as inequalities in education and changes in...

From 16 March, along with the implementation of enhanced community quarantine measures in Luzon and other key cities in the Philippines, all domestic and international flights were cancelled. The only remaining flights allowed to operate were sweeper...

Travel in the Philippines is expected to see strong declines by all measures in 2020. The COVID-19 pandemic led to measures by the government in the Philippines to try and slow down its spread. Amongst the most significant in terms of the impact of ...

Online travel sales to residents and travel intermediaries enjoyed double-digit current value growth for most of the review period, as the tourism industry in general saw growth. However, with the suspension of visas to foreigners (with some ...

After seeing double-digit growth during most of the review period, 2020 is expected to see a significant decline in arrivals due to COVID-19. The measures taken to control the virus are expected to have a strong negative impact on inbound travel ...

After seeing double-digit current value growth for most of the review period, all these gains in lodging sales are expected to be wiped out in 2020. Due to COVID-19 restrictions, the number of tourists, both international and domestic, and both ...

After three years of seeing double-digit current value growth in the Philippines, car rental sales are expected to fall by more than half in 2020 due to COVID-19 restrictions. The ban on arrivals (with certain exceptions) and the drop in the number ...

The implementation of the TRAIN Act (Tax Reform for Acceleration and Inclusion) in the Philippines increased the take-home pay of some employees, encouraging many to upgrade their smartphones in 2019, with a shift to mid-priced smartphones at the ...

In-car entertainment has recorded strong retail volume growth over the years in the Philippines and this was also the case over the review period. In-car entertainment is regarded as a relatively inexpensive way to upgrade a vehicle in comparison to ...

Wearable electronics and wireless speakers are set to be the only consumer electronics products to record ongoing unit sales growth through the COVID-19 epidemic. Whilst wireless speakers fulfil the growing need for flexible household entertainment ...

Wireless speakers and wearable electronics are the only products within consumer electronics expected to continue to enjoy unit sales growth in 2020 during the COVID-19 outbreak, albeit at much reduced levels than in 2029 as the lockdown measures hit...

Consumer electronics last recorded retail volume growth in the Philippines in 2015, with ongoing declines throughout the review period. However, there was a glimmer of hope in 2029, which registered only a minor decline in retail volume sales. The ...

After good growth through most of the review period, home video is set to witness a slight downturn in unit sales in 2020 as some consumers are forced to postpone planned purchases due to the impacts of COVID-19 on the economy and personal and ...

Computers and peripherals recorded steep retail volume declines over the review period. Although sales continued to fall in 2019, there were some signs of recovery, with the category registering the least severe falls of the review period, with ...

Home audio and cinema registered a lacklustre performance in 2018 and 2019 as many Filipinos opted not to upgrade their existing systems given the rapid advancement of alternative systems such as wireless speakers. In spite of the lockdown measures ...

Demand for imaging devices weakened significantly over the last two years of the review period and the COVID-19 crisis is set to hasten the demise of the category in 2020, with the effects felt for some time after. The majority of consumers use ...

Sunglasses is set to see a marked downturn in its performance in 2020 as a result of the COVID-19 pandemic. Efforts to limit the spread of the disease, including restrictions on travel and enforced home seclusion have significantly reduced ...

Spectacles is set to see modest current value growth in 2020 despite the negative impact of disruptions to production, restrictions on store operations and consumer concerns relating to COVID-19. Demand is being supported by the essential status of ...

All eyewear categories in the Philippines have been negatively impacted by restrictions on store operations, disruptions to production, and enforced home seclusion as a result of COVID-19. However, demand for both spectacles and contact lenses has ...

Contact lenses and solutions suffered from disruption to the supply chain in 2020. Indeed, factories in Asia Pacific were amongst the first to be affected by the pandemic, closing early in the year, while supply was also impacted by restrictions on ...