Appliances and Electronics Specialists in the Philippines
2023 proved to be a positive year for appliances and electronics specialists in the Philippines, supported by increased foot traffic in shopping malls and other retail centres. There was also an improvement in consumer confidence, particularly during the second half of the year, as Filipinos became more optimistic about their job outcomes. This encouraged the replacement of big -ticket items, such as air conditioners, refrigerators and smart TVs, which in turn, allowed players such as SM Applian...
Euromonitor International's Appliances and Electronics Specialists in Philippines report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Appliances and Electronics Specialists 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.
Appliances and Electronics Specialists in the Philippines
Euromonitor International
February 2024
List Of Contents And Tables
APPLIANCES AND ELECTRONICS SPECIALISTS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Sales benefit from increase in consumer confidence, coupled with wider range of affordable products
Financial inclusion spurs demand
Retailers pish for greater sustainability
PROSPECTS AND OPPORTUNITIES
Buoyant outlook for appliances and electronics, alongside widening financial inclusion
Sustainability will be key trend
Independent retailers will flourish
CHANNEL DATA
Table 1 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space 2018-2023
Table 2 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space: % Growth 2018-2023
Table 3 Appliances and Electronics Specialists GBO Company Shares: % Value 2019-2023
Table 4 Appliances and Electronics Specialists GBN Brand Shares: % Value 2020-2023