As supermarket players such as Puregold Price Club, Robinsons Retail Holdings, SM Retail and others are expected to expand their footprints over the forecast period, continued growth in the channel is expected. In spite of the growth of e-commerce in the supermarkets channel, the majority of consumers will still prefer going to physical supermarkets to choose their products in person.
Consumers are seeking convenience when they shop for grocery items, which makes e-commerce something that will likely become the norm in the coming years, regardless of the size of the retail company. Following the development of the e-commerce operations at Puregold, Robinsons and SM, smaller players operating in the supermarket space will likely also be increasingly adopting technological changes.
In light of the positive forecast for the supermarkets channel, there are greater concerns for cost efficiency that will enable incumbent players to manage costs and protect their margins. The demand for essential goods is also coupled with affordability, even when there are inflationary pressures, which creates price wars in supermarkets.
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Understand the latest market trends and future growth opportunities for the Supermarkets 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 Supermarkets 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.
Supermarkets are chained or independent retail outlets with a selling space of between 400 and 2,500 square metres and with a primary focus on selling food/beverages/tobacco and other groceries. Supermarkets may also sell a selection of non-groceries, but the product mix is skewed towards grocery items. Example brands include Casino, Kroger, and Tesco. Exception: In some markets, primarily the US, Australia and Hong Kong, there are grocery retailer brands that operate outlets with a selling space of over 2,500 square metres, but offer only a very limited range of non-grocery merchandise or none at all. These brands are included in Supermarkets.See All of Our Definitions
This report originates from Passport, our Supermarkets research and analysis database.
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