Retail Market in Philippines 2024-2028

Retail Market In Philippines 2024-2028


The retail market in philippines is forecasted to grow by USD 66353.1 mn during 2023-2028, accelerating at a CAGR of 11.1% during the forecast period. The report on the retail market in philippines provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for convenience food products, growing popularity of private-label brands, and rising prominence of in-store bakeries in supermarkets.

Technavio's retail market in philippines is segmented as below:

By Product
  • Food and beverages
  • Personal and household care
  • Apparel and footwear
  • Electrical and electronics
  • Others
By Distribution Channel
  • Offline
  • Online
By Geographical Landscape
  • APAC
This study identifies the surge in sales through online distribution channels as one of the prime reasons driving the retail market in philippines growth during the next few years. Also, innovative packaging and marketing initiatives by prominent vendors and growing per capita income of philippines will lead to sizable demand in the market.

The report on the retail market in philippines covers the following areas:
  • Retail Market in Philippines sizing
  • Retail Market in Philippines forecast
  • Retail Market in Philippines industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading retail market in philippines vendors that include A.S. Watson Group, Abenson, Amazon.com Inc., Cosco Capital, Fast Retailing Co. Ltd., Golden ABC, Inter IKEA Holding BV, McDonald Corp., Mercury Drug Corp., Metro Retail Stores Group, New City Commercial Corp., Nike Inc., Robinsons Retail Holdings Inc., Seven and i Holdings Co. Ltd., SM Investments Corp., SSI Group, WOW Group, and Wilcon Depot. Also, the retail market in philippines analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value Chain Analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on Philippines - Market size and forecast 2023-2028 ($ million)
Data Table on Philippines - Market size and forecast 2023-2028 ($ million)
Chart on Philippines: Year-over-year growth 2023-2028 (%)
Data Table on Philippines: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
5.1 Retail Market in Philippines 2018 - 2022
Historic Market Size - Data Table on Retail Market in Philippines 2018 - 2022 ($ million)
5.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ million)
5.3 Distribution Channel segment analysis 2018 - 2022
Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Retail Market in Philippines
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Product
8.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
8.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
8.3 Food and beverages - Market size and forecast 2023-2028
Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
8.4 Personal and household care - Market size and forecast 2023-2028
Chart on Personal and household care - Market size and forecast 2023-2028 ($ million)
Data Table on Personal and household care - Market size and forecast 2023-2028 ($ million)
Chart on Personal and household care - Year-over-year growth 2023-2028 (%)
Data Table on Personal and household care - Year-over-year growth 2023-2028 (%)
8.5 Apparel and footwear - Market size and forecast 2023-2028
Chart on Apparel and footwear - Market size and forecast 2023-2028 ($ million)
Data Table on Apparel and footwear - Market size and forecast 2023-2028 ($ million)
Chart on Apparel and footwear - Year-over-year growth 2023-2028 (%)
Data Table on Apparel and footwear - Year-over-year growth 2023-2028 (%)
8.6 Electrical and electronics - Market size and forecast 2023-2028
Chart on Electrical and electronics - Market size and forecast 2023-2028 ($ million)
Data Table on Electrical and electronics - Market size and forecast 2023-2028 ($ million)
Chart on Electrical and electronics - Year-over-year growth 2023-2028 (%)
Data Table on Electrical and electronics - Year-over-year growth 2023-2028 (%)
8.7 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
8.8 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
9 Market Segmentation by Distribution Channel
9.1 Market segments
Chart on Distribution Channel - Market share 2023-2028 (%)
Data Table on Distribution Channel - Market share 2023-2028 (%)
9.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
9.3 Offline - Market size and forecast 2023-2028
Chart on Offline - Market size and forecast 2023-2028 ($ million)
Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Chart on Offline - Year-over-year growth 2023-2028 (%)
Data Table on Offline - Year-over-year growth 2023-2028 (%)
9.4 Online - Market size and forecast 2023-2028
Chart on Online - Market size and forecast 2023-2028 ($ million)
Data Table on Online - Market size and forecast 2023-2028 ($ million)
Chart on Online - Year-over-year growth 2023-2028 (%)
Data Table on Online - Year-over-year growth 2023-2028 (%)
9.5 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ million)
Data Table on Market opportunity by Distribution Channel ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 Amazon.com Inc.
Amazon.com Inc. - Overview
Amazon.com Inc. - Business segments
Amazon.com Inc. - Key news
Amazon.com Inc. - Key offerings
Amazon.com Inc. - Segment focus
SWOT
13.5 Cosco Capital
Cosco Capital - Overview
Cosco Capital - Product / Service
Cosco Capital - Key offerings
SWOT
13.6 Fast Retailing Co. Ltd.
Fast Retailing Co. Ltd. - Overview
Fast Retailing Co. Ltd. - Business segments
Fast Retailing Co. Ltd. - Key offerings
Fast Retailing Co. Ltd. - Segment focus
SWOT
13.7 Mercury Drug Corp.
Mercury Drug Corp. - Overview
Mercury Drug Corp. - Product / Service
Mercury Drug Corp. - Key offerings
SWOT
13.8 Metro Retail Stores Group
Metro Retail Stores Group - Overview
Metro Retail Stores Group - Product / Service
Metro Retail Stores Group - Key offerings
SWOT
13.9 New City Commercial Corp.
New City Commercial Corp. - Overview
New City Commercial Corp. - Product / Service
New City Commercial Corp. - Key offerings
SWOT
13.10 Robinsons Retail Holdings Inc.
Robinsons Retail Holdings Inc. - Overview
Robinsons Retail Holdings Inc. - Business segments
Robinsons Retail Holdings Inc. - Key offerings
Robinsons Retail Holdings Inc. - Segment focus
SWOT
13.11 Seven and i Holdings Co. Ltd.
Seven and i Holdings Co. Ltd. - Overview
Seven and i Holdings Co. Ltd. - Product / Service
Seven and i Holdings Co. Ltd. - Key offerings
SWOT
13.12 SM Investments Corp.
SM Investments Corp. - Overview
SM Investments Corp. - Product / Service
SM Investments Corp. - Key offerings
SWOT
13.13 SSI Group
SSI Group - Overview
SSI Group - Product / Service
SSI Group - Key offerings
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Product
Exhibits5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits8: Overview on criticality of inputs and factors of differentiation
Exhibits9: Overview on factors of disruption
Exhibits10: Impact of drivers and challenges in 2023 and 2028
Exhibits11: Parent Market
Exhibits12: Data Table on - Parent Market
Exhibits13: Market characteristics analysis
Exhibits14: Value Chain Analysis
Exhibits15: Offerings of companies included in the market definition
Exhibits16: Market segments
Exhibits17: Chart on Philippines - Market size and forecast 2023-2028 ($ million)
Exhibits18: Data Table on Philippines - Market size and forecast 2023-2028 ($ million)
Exhibits19: Chart on Philippines: Year-over-year growth 2023-2028 (%)
Exhibits20: Data Table on Philippines: Year-over-year growth 2023-2028 (%)
Exhibits21: Historic Market Size - Data Table on Retail Market in Philippines 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits23: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
Exhibits24: Five forces analysis - Comparison between 2023 and 2028
Exhibits25: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits30: Chart on Market condition - Five forces 2023 and 2028
Exhibits31: Chart on Product - Market share 2023-2028 (%)
Exhibits32: Data Table on Product - Market share 2023-2028 (%)
Exhibits33: Chart on Comparison by Product
Exhibits34: Data Table on Comparison by Product
Exhibits35: Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibits36: Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibits37: Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibits39: Chart on Personal and household care - Market size and forecast 2023-2028 ($ million)
Exhibits40: Data Table on Personal and household care - Market size and forecast 2023-2028 ($ million)
Exhibits41: Chart on Personal and household care - Year-over-year growth 2023-2028 (%)
Exhibits42: Data Table on Personal and household care - Year-over-year growth 2023-2028 (%)
Exhibits43: Chart on Apparel and footwear - Market size and forecast 2023-2028 ($ million)
Exhibits44: Data Table on Apparel and footwear - Market size and forecast 2023-2028 ($ million)
Exhibits45: Chart on Apparel and footwear - Year-over-year growth 2023-2028 (%)
Exhibits46: Data Table on Apparel and footwear - Year-over-year growth 2023-2028 (%)
Exhibits47: Chart on Electrical and electronics - Market size and forecast 2023-2028 ($ million)
Exhibits48: Data Table on Electrical and electronics - Market size and forecast 2023-2028 ($ million)
Exhibits49: Chart on Electrical and electronics - Year-over-year growth 2023-2028 (%)
Exhibits50: Data Table on Electrical and electronics - Year-over-year growth 2023-2028 (%)
Exhibits51: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits52: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits53: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits54: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits55: Market opportunity by Product ($ million)
Exhibits56: Data Table on Market opportunity by Product ($ million)
Exhibits57: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits58: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits59: Chart on Comparison by Distribution Channel
Exhibits60: Data Table on Comparison by Distribution Channel
Exhibits61: Chart on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on Offline - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on Online - Market size and forecast 2023-2028 ($ million)
Exhibits66: Data Table on Online - Market size and forecast 2023-2028 ($ million)
Exhibits67: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits69: Market opportunity by Distribution Channel ($ million)
Exhibits70: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits71: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits72: Impact of drivers and challenges in 2023 and 2028
Exhibits73: Overview on criticality of inputs and factors of differentiation
Exhibits74: Overview on factors of disruption
Exhibits75: Impact of key risks on business
Exhibits76: Companies covered
Exhibits77: Company ranking index
Exhibits78: Matrix on companies position and classification
Exhibits79: Amazon.com Inc. - Overview
Exhibits80: Amazon.com Inc. - Business segments
Exhibits81: Amazon.com Inc. - Key news
Exhibits82: Amazon.com Inc. - Key offerings
Exhibits83: Amazon.com Inc. - Segment focus
Exhibits84: SWOT
Exhibits85: Cosco Capital - Overview
Exhibits86: Cosco Capital - Product / Service
Exhibits87: Cosco Capital - Key offerings
Exhibits88: SWOT
Exhibits89: Fast Retailing Co. Ltd. - Overview
Exhibits90: Fast Retailing Co. Ltd. - Business segments
Exhibits91: Fast Retailing Co. Ltd. - Key offerings
Exhibits92: Fast Retailing Co. Ltd. - Segment focus
Exhibits93: SWOT
Exhibits94: Mercury Drug Corp. - Overview
Exhibits95: Mercury Drug Corp. - Product / Service
Exhibits96: Mercury Drug Corp. - Key offerings
Exhibits97: SWOT
Exhibits98: Metro Retail Stores Group - Overview
Exhibits99: Metro Retail Stores Group - Product / Service
Exhibits100: Metro Retail Stores Group - Key offerings
Exhibits101: SWOT
Exhibits102: New City Commercial Corp. - Overview
Exhibits103: New City Commercial Corp. - Product / Service
Exhibits104: New City Commercial Corp. - Key offerings
Exhibits105: SWOT
Exhibits106: Robinsons Retail Holdings Inc. - Overview
Exhibits107: Robinsons Retail Holdings Inc. - Business segments
Exhibits108: Robinsons Retail Holdings Inc. - Key offerings
Exhibits109: Robinsons Retail Holdings Inc. - Segment focus
Exhibits110: SWOT
Exhibits111: Seven and i Holdings Co. Ltd. - Overview
Exhibits112: Seven and i Holdings Co. Ltd. - Product / Service
Exhibits113: Seven and i Holdings Co. Ltd. - Key offerings
Exhibits114: SWOT
Exhibits115: SM Investments Corp. - Overview
Exhibits116: SM Investments Corp. - Product / Service
Exhibits117: SM Investments Corp. - Key offerings
Exhibits118: SWOT
Exhibits119: SSI Group - Overview
Exhibits120: SSI Group - Product / Service
Exhibits121: SSI Group - Key offerings
Exhibits122: SWOT
Exhibits123: Inclusions checklist
Exhibits124: Exclusions checklist
Exhibits125: Currency conversion rates for US$
Exhibits126: Research methodology
Exhibits127: Information sources
Exhibits128: Data validation
Exhibits129: Validation techniques employed for market sizing
Exhibits130: Data synthesis
Exhibits131: 360 degree market analysis
Exhibits132: List of abbreviations

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