2023 proved to be a challenging year for discounters in the Philippines, in light of a limited store count and fierce competition with other retailers. With the revival of hectic pre-pandemic lifestyles, including the return of consumers to their physical offices, Filipinos were more likely to seek out smaller-format stores, such as convenience stores, which enabled a faster shopping experience. These were typically located close to consumers’ homes or workplaces, as well as benefiting from exte...
Euromonitor International's Discounters 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 Discounters 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.
Discounters in the Philippines
Euromonitor International
February 2024
List Of Contents And Tables
DISCOUNTERS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Discounters see decline in sales as consumers turn to more convenient formats
Puregold remains sole player
PROSPECTS AND OPPORTUNITIES
Better growth prospects over the forecast period
Differentiation will be important in reviving consumer interest
CHANNEL DATA
Table 1 Discounters: Value Sales, Outlets and Selling Space 2018-2023
Table 2 Discounters: Value Sales, Outlets and Selling Space: % Growth 2018-2023
Table 3 Discounters GBO Company Shares: % Value 2019-2023
Table 4 Discounters GBN Brand Shares: % Value 2020-2023