Apparel and Footwear in the Philippines

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,100	89 Pages	Euromonitor International	November, 2023	EP18334676

Best Price Guarantee
Price	from $2,100
Length	89 Pages
Publisher	Euromonitor International
Published Date	November, 2023
SKU	EP18334676

Apparel and Footwear in the Philippines

According to the Philippines Statistics Authority, the Philippines saw a population increase of 1.5% in 2023 compared with the previous year. The growth in the population is expanding the consumer base for apparel and footwear. In addition to this, the consumer purchase index of the country has also been growing with an average of 5.8 in 2022 against 6.8 in 2023 (as of year to date), amplifying the power to purchase more apparel and footwear.

Euromonitor International's Apparel and Footwear in Philippines report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2018-2022 and analysis by distribution format allowing you to identify the sectors driving growth. It identifies the leading companies, leading brands, and offers strategic analysis of key factors influencing the market. Forecasts to 2027 illustrate how the market is set to change.

Product coverage: Apparel, Footwear, Sportswear.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Apparel and Footwear market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Apparel and Footwear in the Philippines
Euromonitor International
November 2023
List Of Contents And Tables
APPAREL AND FOOTWEAR IN THE PHILIPPINES
EXECUTIVE SUMMARY
Apparel and footwear in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for apparel and footwear?
MARKET DATA: Table 1 Sales of Apparel and Footwear by Category: Volume 2018-2023; Table 2 Sales of Apparel and Footwear by Category: Value 2018-2023; Table 3 Sales of Apparel and Footwear by Category: % Volume Growth 2018-2023; Table 4 Sales of Apparel and Footwear by Category: % Value Growth 2018-2023; Table 5 NBO Company Shares of Apparel and Footwear: % Value 2019-2023; Table 6 LBN Brand Shares of Apparel and Footwear: % Value 2020-2023; Table 7 Distribution of Apparel and Footwear by Format: % Value 2018-2023; Table 8 Distribution of Apparel and Footwear by Format and Category: % Value 2023; Table 9 Forecast Sales of Apparel and Footwear by Category: Volume 2023-2028; Table 10 Forecast Sales of Apparel and Footwear by Category: Value 2023-2028; Table 11 Forecast Sales of Apparel and Footwear by Category: % Volume Growth 2023-2028; Table 12 Forecast Sales of Apparel and Footwear by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES: Summary 1 Research Sources
WOMENSWEAR IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Greater inclusivity and diversity for women
Ongoing trend towards casualisation
Fast Retailing retains lead
PROSPECTS AND OPPORTUNITIES
Growing ‘Budol’ culture, especially for women
Collaborations and partnerships with emphasis on nostalgia
Wearing designer clothes is not as expensive anymore
CATEGORY DATA: Table 105 Sales of Womenswear by Category: Volume 2018-2023; Table 106 Sales of Womenswear by Category: Value 2018-2023; Table 107 Sales of Womenswear by Category: % Volume Growth 2018-2023; Table 108 Sales of Womenswear by Category: % Value Growth 2018-2023; Table 109 NBO Company Shares of Womenswear: % Value 2019-2023; Table 110 LBN Brand Shares of Womenswear: % Value 2020-2023; Table 111 NBO Company Shares of Women's Nightwear: % Value 2019-2023; Table 112 LBN Brand Shares of Women's Nightwear: % Value 2020-2023; Table 113 NBO Company Shares of Women's Outerwear: % Value 2019-2023; Table 114 LBN Brand Shares of Women's Outerwear: % Value 2020-2023; Table 115 NBO Company Shares of Women’s Swimwear: % Value 2019-2023; Table 116 LBN Brand Shares of Women’s Swimwear: % Value 2020-2023; Table 117 NBO Company Shares of Women's Underwear: % Value 2019-2023; Table 118 LBN Brand Shares of Women's Underwear: % Value 2020-2023; Table 119 Forecast Sales of Womenswear by Category: Volume 2023-2028; Table 120 Forecast Sales of Womenswear by Category: Value 2023-2028; Table 121 Forecast Sales of Womenswear by Category: % Volume Growth 2023-2028; Table 122 Forecast Sales of Womenswear by Category: % Value Growth 2023-2028
MENSWEAR IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Old fashion is new trend
Preference for purchasing offline
Rise of casual and sports-inspired apparel
PROSPECTS AND OPPORTUNITIES
Bright coloured apparel seen as a support
Middle class brands seen as luxury, while e-commerce set to grow
Influenced by sustainable styles
CATEGORY DATA: Table 13 Sales of Menswear by Category: Volume 2018-2023; Table 14 Sales of Menswear by Category: Value 2018-2023; Table 15 Sales of Menswear by Category: % Volume Growth 2018-2023; Table 16 Sales of Menswear by Category: % Value Growth 2018-2023; Table 17 NBO Company Shares of Menswear: % Value 2019-2023; Table 18 LBN Brand Shares of Menswear: % Value 2020-2023; Table 19 NBO Company Shares of Men’s Nightwear: % Value 2019-2023; Table 20 LBN Brand Shares of Men’s Nightwear: % Value 2020-2023; Table 21 NBO Company Shares of Men’s Outerwear: % Value 2019-2023; Table 22 LBN Brand Shares of Men’s Outerwear: % Value 2020-2023; Table 23 NBO Company Shares of Men’s Swimwear: % Value 2019-2023; Table 24 LBN Brand Shares of Men’s Swimwear: % Value 2020-2023; Table 25 NBO Company Shares of Men’s Underwear: % Value 2019-2023; Table 26 LBN Brand Shares of Men’s Underwear: % Value 2020-2023; Table 27 Forecast Sales of Menswear by Category: Volume 2023-2028; Table 28 Forecast Sales of Menswear by Category: Value 2023-2028; Table 29 Forecast Sales of Menswear by Category: % Volume Growth 2023-2028; Table 30 Forecast Sales of Menswear by Category: % Value Growth 2023-2028
CHILDRENSWEAR IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Baby boom from the pandemic
Quality remains a major consideration for childrenswear
Retro revivals and versatile wear
PROSPECTS AND OPPORTUNITIES
Pastel colours emphasising youth
Parents and children clothing sets
Characters and pop culture inspiration
CATEGORY DATA: Table 31 Sales of Childrenswear by Category: Volume 2018-2023; Table 32 Sales of Childrenswear by Category: Value 2018-2023; Table 33 Sales of Childrenswear by Category: % Volume Growth 2018-2023; Table 34 Sales of Childrenswear by Category: % Value Growth 2018-2023; Table 35 NBO Company Shares of Childrenswear: % Value 2019-2023; Table 36 LBN Brand Shares of Childrenswear: % Value 2020-2023; Table 37 Forecast Sales of Childrenswear by Category: Volume 2023-2028; Table 38 Forecast Sales of Childrenswear by Category: Value 2023-2028; Table 39 Forecast Sales of Childrenswear by Category: % Volume Growth 2023-2028; Table 40 Forecast Sales of Childrenswear by Category: % Value Growth 2023-2028
SPORTSWEAR IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Rise of breathable and dry-fit fabric
Performance apparel not only for professional athletes
Global giants maintain dominance, while offline purchases are still preferred
PROSPECTS AND OPPORTUNITIES
Women’s sport shoes amplify growth
Exclusive releases and partnerships
Sportswear belonging to revenge category
CATEGORY DATA: Table 41 Sales of Sportswear by Category: Value 2018-2023; Table 42 Sales of Sportswear by Category: % Value Growth 2018-2023; Table 43 NBO Company Shares of Sportswear: % Value 2019-2023; Table 44 LBN Brand Shares of Sportswear: % Value 2020-2023; Table 45 Distribution of Sportswear by Format: % Value 2018-2023; Table 46 Forecast Sales of Sportswear by Category: Value 2023-2028; Table 47 Forecast Sales of Sportswear by Category: % Value Growth 2023-2028
JEANS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Vintage classics seen as good quality jeans
Filipinos going out more
Price wars due to competition amongst international brands
PROSPECTS AND OPPORTUNITIES
Cross gender purchasing of women’s jeans
Regular and loose fit jeans for men and women
Stretchy cotton fabric jeans here to stay
CATEGORY DATA: Table 48 Sales of Jeans by Category: Volume 2018-2023; Table 49 Sales of Jeans by Category: Value 2018-2023; Table 50 Sales of Jeans by Category: % Volume Growth 2018-2023; Table 51 Sales of Jeans by Category: % Value Growth 2018-2023; Table 52 Sales of Men’s Jeans by Category: Volume 2018-2023; Table 53 Sales of Men’s Jeans by Category: Value 2018-2023; Table 54 Sales of Men’s Jeans by Category: % Volume Growth 2018-2023; Table 55 Sales of Men’s Jeans by Category: % Value Growth 2018-2023; Table 56 Sales of Women’s Jeans by Category: Volume 2018-2023; Table 57 Sales of Women’s Jeans by Category: Value 2018-2023; Table 58 Sales of Women’s Jeans by Category: % Volume Growth 2018-2023; Table 59 Sales of Women’s Jeans by Category: % Value Growth 2018-2023; Table 60 NBO Company Shares of Jeans: % Value 2019-2023; Table 61 LBN Brand Shares of Jeans: % Value 2020-2023; Table 62 Forecast Sales of Jeans by Category: Volume 2023-2028; Table 63 Forecast Sales of Jeans by Category: Value 2023-2028; Table 64 Forecast Sales of Jeans by Category: % Volume Growth 2023-2028; Table 65 Forecast Sales of Jeans by Category: % Value Growth 2023-2028; Table 66 Forecast Sales of Men’s Jeans by Category: Volume 2023-2028; Table 67 Forecast Sales of Men’s Jeans by Category: Value 2023-2028; Table 68 Forecast Sales of Men’s Jeans by Category: % Volume Growth 2023-2028; Table 69 Forecast Sales of Men’s Jeans by Category: % Value Growth 2023-2028; Table 70 Forecast Sales of Women’s Jeans by Category: Volume 2023-2028; Table 71 Forecast Sales of Women’s Jeans by Category: Value 2023-2028; Table 72 Forecast Sales of Women’s Jeans by Category: % Volume Growth 2023-2028; Table 73 Forecast Sales of Women’s Jeans by Category: % Value Growth 2023-2028
HOSIERY IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Generally, hosiery is seen as good to have rather than a need
Increase in mobility calls for socks
Hosiery a must for hygiene
PROSPECTS AND OPPORTUNITIES
Prices are the main factor when purchasing hosiery
Rise of special occasions boosting demand for special hosiery products, while long socks are being used for aesthetic reasons
E-commerce proving convenient for small players
CATEGORY DATA: Table 74 Sales of Hosiery by Category: Volume 2018-2023; Table 75 Sales of Hosiery by Category: Value 2018-2023; Table 76 Sales of Hosiery by Category: % Volume Growth 2018-2023; Table 77 Sales of Hosiery by Category: % Value Growth 2018-2023; Table 78 NBO Company Shares of Hosiery: % Value 2019-2023; Table 79 LBN Brand Shares of Hosiery: % Value 2020-2023; Table 80 Forecast Sales of Hosiery by Category: Volume 2023-2028; Table 81 Forecast Sales of Hosiery by Category: Value 2023-2028; Table 82 Forecast Sales of Hosiery by Category: % Volume Growth 2023-2028; Table 83 Forecast Sales of Hosiery by Category: % Value Growth 2023-2028
APPAREL ACCESSORIES IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Belts for loose fitting jeans and clothing
Creative and intricate designs for accessories, with minimalist jewellery also growing in popularity
SM Retail stays out in front
PROSPECTS AND OPPORTUNITIES
K-pop and K-drama influence accessories
Personalised accessories
Influence of streetwear
CATEGORY DATA: Table 84 Sales of Apparel Accessories by Category: Volume 2018-2023; Table 85 Sales of Apparel Accessories by Category: Value 2018-2023; Table 86 Sales of Apparel Accessories by Category: % Volume Growth 2018-2023; Table 87 Sales of Apparel Accessories by Category: % Value Growth 2018-2023; Table 88 NBO Company Shares of Apparel Accessories: % Value 2019-2023; Table 89 LBN Brand Shares of Apparel Accessories: % Value 2020-2023; Table 90 Forecast Sales of Apparel Accessories by Category: Volume 2023-2028; Table 91 Forecast Sales of Apparel Accessories by Category: Value 2023-2028; Table 92 Forecast Sales of Apparel Accessories by Category: % Volume Growth 2023-2028; Table 93 Forecast Sales of Apparel Accessories by Category: % Value Growth 2023-2028
FOOTWEAR IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Continued popularity of athleisure and sports-inspired footwear, as well as growing acceptance of slippers and slides
Revival of retro designs
Nike and adidas stay top of increasingly fragmented category
PROSPECTS AND OPPORTUNITIES
Enduring impact of pandemic work practices and persistent demand for tropical friendly footwear
Personalisation incorporating omnichannel approach
Major brands’ sub-brands and the rise of local footwear for everyday wear
CATEGORY DATA: Table 94 Sales of Footwear by Category: Volume 2018-2023; Table 95 Sales of Footwear by Category: Value 2018-2023; Table 96 Sales of Footwear by Category: % Volume Growth 2018-2023; Table 97 Sales of Footwear by Category: % Value Growth 2018-2023; Table 98 NBO Company Shares of Footwear: % Value 2019-2023; Table 99 LBN Brand Shares of Footwear: % Value 2020-2023; Table 100 Distribution of Footwear by Format: % Value 2018-2023; Table 101 Forecast Sales of Footwear by Category: Volume 2023-2028; Table 102 Forecast Sales of Footwear by Category: Value 2023-2028; Table 103 Forecast Sales of Footwear by Category: % Volume Growth 2023-2028; Table 104 Forecast Sales of Footwear by Category: % Value Growth 2023-2028