Philippines

Growing consumer interest in health, wellness and beauty is exerting a growing influence across retailing, supporting growth in areas such as sports goods stores and fitness apparel, and boosting demand for health-orientated food and beverages. It is...

Variety stores was one of the fastest-growing channels in the Philippines at the end of the review period, as major brands expanded aggressively, and new players entered the market. Rising demand amongst younger consumers is a key driver of growth in...

Puregold Extra is Puregold’s discounter, which offers a small store format with a limited number of products. The company continued to support the chain by opening more outlets in 2019, although the “Extra” tag is no longer being used. Puregold ...

Home and garden specialist retailers is a highly fragmented category, in which many thousands of traditional hardware retailers operate. The channel put in a strong performance in the final year of the review period led by home improvement and ...

Increased purchasing power amongst Filipino consumers continued to boost warehouse clubs in the Philippines at the end of the review period. Puregold Price Club Inc’s S&R Membership Shopping and Southeast Asia Retail Inc’s Landers Superstore are also...

Supermarkets saw steady growth throughout the review period. While it has faced intensifying competition from other retail formats, the supermarkets channel has benefited from rising purchasing power amongst Filipino consumers. In common with other ...

CHANNEL DATA...

With other advertising platforms, especially online, emerging as strong competition, TV networks are looking to diversify their revenue sources. TV homeshopping represents one way in which TV companies can generate revenue, and most networks that are...

Convenience stores is set to continue to be amongst the most dynamic retailing channels in the Philippines over the forecast period. Modern retailing channels have yet to penetrate deeply in the Philippines, leaving considerable room for further ...

The retail industry in the Philippines continues to rely heavily on traditional formats and general trade. The geographical character of the country means that many areas remain underserved by modern retailing. General groceries represents the ...

Several pieces of research towards the end of the review period found Filipinos to be above the global average in terms of mobile internet usage, with particularly significant engagement in activities such as mobile e-commerce and mobile banking. In ...

The continued expansion of shopping centres is helping department stores to remain relevant in the Philippine retailing market. Most department stores are located within shopping centres, and the number of shopping centres continues to rise in the ...

The Philippine retailing market benefited from improving economic conditions in 2019, with the easing and stabilising of inflation having a positive impact on consumer sentiment. The market also saw demand bolstered by a rise in consumer purchasing ...

E-commerce continues to expand rapidly in the Philippines, driven by online marketplaces. The online marketplaces, Lazada and Shopee notably strengthened their business-to-consumer sections – Lazmall and Shopee Mall - to highlight the established ...

Electronics and appliance specialist retailers continues to see growth driven by demand for small gadgets and household appliances needed to furnish new homes. A large proportion of electronics and appliance specialist stores specialise in mobile ...

The end of the review period saw continued growth for food and drink e-commerce, with a rising number of grocery stores and online players recognising the potential of the segment. This was particularly the case in major urban areas such as Metro ...

With modern grocery retailing remaining underdeveloped in the Philippines, growth across channels, including hypermarkets, is coming primarily from store network expansion, particularly into provincial areas. Puregold’s expansion is targeting ...

While they saw growth slow at the end of the review period, global fast fashion giants, such as Fast Retailing and H&M, continued to thrive in the Philippine apparel and footwear specialist retailers channel. Market-leader, Fast Retailing opened a ...

Direct selling continued to thrive in the Philippines at the end of the review period despite the growing presence of rival formats from both store-based and non-store retailing. Direct selling continues to benefit from the fact that it is a ...

In 2019, menswear saw strong value growth, with men’s outerwear posting higher growth than men’s underwear. Both categories of menswear benefitted substantially from Filipino males having greater interest in being both comfortable and fashionable and...