Philippines

Personal accessories sales are expected to decline in 2020 due to the economic impact of the COVID-19 pandemic. Decreasing disposable income, allocation of funds to goods of prime necessity and rising unemployment will be some of the reasons behind ...

One of the notable effects of COVID-19 has been a decline in disposable income among local consumers, with people allocating most of their budgets for necessities. As a result, sales of jewellery will be declining in 2020. Some brands were moving to ...

Travel restrictions introduced in the wake of COVID-19 hit the tourism and airline industries hard in 2020, resulting in a sharp decline in the sales of luggage in this year. In addition, quarantine measures have been restricting people from leaving ...

The closure of educational establishments as well as many workplaces will be negatively affecting sales of writing instruments in 2020, although working from home and homeschooling should offset this to some extent. Economic constraints and ...

Decreasing disposable incomes among consumers have been significantly hampering the performance of watches in 2020. Retail outlets have been forced to close and supply lines and logistics have been interrupted, even after the initial lockdowns were ...

Toys and games is expected to see higher growth than originally forecast in the Philippines in 2020, as a result of COVID-19. However, this overall picture masks two different performances between the categories. Whilst traditional toys and games is ...

Video games maintained dynamic double-digit current value growth in 2019. Nevertheless, despite new launches, video games hardware saw a continued current value decline due to the decline of static consoles. In 2019, Nintendo launched the Nintendo ...

Despite the slowing birth rate, traditional toys and games continued to record strong current value growth in 2019, maintaining a trend seen for many years. Dolls and accessories remained the biggest category and also saw the fastest growth in this ...

The economy will decline in 2020. The government’s social distancing Coronavirus (COVID-19) measures will weigh on domestic demand, whilst the slowdown abroad, caused by COVID-19 will affect tourism, trade and remittances. Global supply chains have ...

Cigars and cigarillos suffered from a lack of visibility in the country. While players have long banked on retail shelf space and partnerships with retailers, many are not allowed to display cigars and cigarillos, with this being dependent on the ...

Tax changes had a negative impact on sales of cigarettes in 2019, with higher prices encouraging consumers to trade down or switch to lower-cost e-vapour products and heated tobacco. Since 2017, economy cigarettes have notably been impacted by the ...

With greater migration to e-vapour products from cigarettes and new generations of people taking up the habit the category achieved strong growth in 2019. The category of e-vapour products expanded further in 2019 via new product launches as well as ...

Consumers became increasingly health conscious during the height of the pandemic in the country in 2020, with conflicting reports in the media concerning the susceptibility of smokers to COVID-19. However, as smoking is addictive and habitual and as ...

Men’s grooming continued to experience increasing demand and strong current value growth in 2019, driven by the strengthening trend amongst the local male population, especially younger generations, to take a greater interest in their appearance ...

While baby and child-specific products continued to record increasing current value growth in 2019, demand for skin care, toiletries and hair care in particular, remained flat. This was partly related to the gradually declining birth rate in the ...

Fragrances recorded increasing current value growth in 2019 in line with consumers’ rising disposable incomes, as they increasingly looked to treat themselves with non-essential purchases. While mass fragrances continued to dominated value and volume...

Skin care in the Philippines continued to record increasing current value growth in 2019, as local consumers, heavily influenced by social media and health and beauty trends, invested further in their skin care routines, including products which are ...

Bath and shower continued to be driven by a rise in unit prices rather than a significant increase in demand, particularly for the largest categories of bar soap and body power, which experienced ongoing maturity in 2019. Demand for bar soap is ...

Mass products continued to dominate demand for beauty and personal care in the Philippines in 2019, despite increasing confidence in spending amongst Filipinos due to rising disposable incomes. However, local consumers are showing a greater interest ...

Hair care continued to record increasing current value growth in 2019, due to the stronger performances of colourants, salon professional hair care and conditioners and treatments, and supported by rising disposable incomes in the Philippines. Women ...