Philippines Consumer Electronics Retail Market Summary, Competitive Analysis and Forecast to 2027
Summary
Consumer Electronics Retail in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The consumer electronics retail market comprises the sales of communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment.
- The Filipino consumer electronics market had total revenues of $9.1 billion in 2022, representing a compound annual growth rate (CAGR) of 5.8% between 2017 and 2022.
- The communications equipment segment accounted for the market's largest proportion in 2022, with total revenues of $3.9 billion, equivalent to 43% of the market's overall value.
- In 2022, the consumer electronics market experienced a slight contraction due to smartphone saturation and a rebound in computing device demand. The economic slowdown, inflation, and increased energy prices contributed to decreased consumer spending on home entertainment equipment, resulting in a dip in the market. For instance, consumer price inflation in the Philippines in 2022 stood at 5.8%, an increase from 2.4%, according to GlobalData.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the consumer electronics retail market in Philippines
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the consumer electronics retail market in Philippines
- Leading company profiles reveal details of key consumer electronics retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Philippines consumer electronics retail market with five year forecasts
- What was the size of the Philippines consumer electronics retail market by value in 2022?
- What will be the size of the Philippines consumer electronics retail market in 2027?
- What factors are affecting the strength of competition in the Philippines consumer electronics retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Philippines's consumer electronics retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the key strengths of the leading players?
- 8 Company Profiles
- 8.1. Abenson
- 8.2. SM Investments Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Philippines consumer electronics retail market value: $ million, 2017-22
- Table 2: Philippines consumer electronics retail market category segmentation: % share, by value, 2017-2022
- Table 3: Philippines consumer electronics retail market category segmentation: $ million, 2017-2022
- Table 4: Philippines consumer electronics retail market geography segmentation: $ million, 2022
- Table 5: Philippines consumer electronics retail market distribution: % share, by value, 2022
- Table 6: Philippines consumer electronics retail market value forecast: $ million, 2022-27
- Table 7: Abenson: key facts
- Table 8: Abenson: Key Employees
- Table 9: SM Investments Corp: key facts
- Table 10: SM Investments Corp: Annual Financial Ratios
- Table 11: SM Investments Corp: Key Employees
- Table 12: Philippines size of population (million), 2018-22
- Table 13: Philippines gdp (constant 2005 prices, $ billion), 2018-22
- Table 14: Philippines gdp (current prices, $ billion), 2018-22
- Table 15: Philippines inflation, 2018-22
- Table 16: Philippines consumer price index (absolute), 2018-22
- Table 17: Philippines exchange rate, 2018-22
- List of Figures
- Figure 1: Philippines consumer electronics retail market value: $ million, 2017-22
- Figure 2: Philippines consumer electronics retail market category segmentation: $ million, 2017-2022
- Figure 3: Philippines consumer electronics retail market geography segmentation: % share, by value, 2022
- Figure 4: Philippines consumer electronics retail market distribution: % share, by value, 2022
- Figure 5: Philippines consumer electronics retail market value forecast: $ million, 2022-27
- Figure 6: Forces driving competition in the consumer electronics retail market in Philippines, 2022
- Figure 7: Drivers of buyer power in the consumer electronics retail market in Philippines, 2022
- Figure 8: Drivers of supplier power in the consumer electronics retail market in Philippines, 2022
- Figure 9: Factors influencing the likelihood of new entrants in the consumer electronics retail market in Philippines, 2022
- Figure 10: Factors influencing the threat of substitutes in the consumer electronics retail market in Philippines, 2022
- Figure 11: Drivers of degree of rivalry in the consumer electronics retail market in Philippines, 2022
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook