Category: Consumer Goods & Retailing
Philippines Consumer Goods & Retailing
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The Philippines Smokeless Tobacco, E-Vapour Products and Heated Tobacco
... and sale of vapour products, e-vapour products and heated tobacco grew. RA 11900, or the Vaporized Nicotine and Non-Nicotine Products Regulation Act (the Vape Law) cemented the support of the Philippine government in regulating e-vapour ... Read More
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The Philippines Cigarettes
... generate domestic demand through retail. Beyond the inflationary problems that persisted in 2023, the volume decline of cigarettes is also partly due to the efforts of leading player Philip Morris campaigning about dreaming of a ... Read More
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The Philippines Cigars, Cigarillos and Smoking Tobacco
... a loyal consumer audience. Cigars Local consumers who gravitate towards cigars and cigarillos see these products as sophisticated and more upscale than cigarettes. Cigars and cigarillos both expanded in 2023, with cigarillos slightly outpacing cigars ... Read More
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The Philippines Homewares
... Firstly, there was a robust demand for stainless steel and aluminium products due to their durability and versatility. This demand aligned with a broader societal shift towards sustainability, as consumers are increasingly seeking reusable alternatives ... Read More
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The Philippines Home and Garden
... consumers with more spending power, driving demand for home and garden products. The expansion of the economy was particularly driven by the services sector, including wholesale and retail trade, further boosted consumer confidence, and purchasing ... Read More
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The Philippines Home Furnishings
... Filipino workers for flexible arrangements. This shift, with many opting for hybrid or fully remote set-ups, reflects a desire for better work-life balance and increased productivity. Moreover, these models unlock a vast national talent pool, ... Read More
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The Philippines Gardening
... plants, which has influenced consumer behaviour significantly. Firstly, pressing issues such as climate change and biodiversity conservation have spurred a cultural shift towards embracing sustainable practices. This shift has elevated potted plants to symbols of ... Read More
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The Philippines Home Improvement
... sector directly fuelled demand for home paint, as new construction projects and property developments created a surge in the need for interior and exterior decoration. Concurrently, increased disposable income and spending power empowered consumers to ... Read More
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Philippines E-cigarette and Vape Market, By Product (Disposable, Rechargeable, Pod Mode, Refill Mode, Modular Devices); By Category (Open Vaping Systems, Closed Vaping Systems); By Distribution Channel (Online, Retail), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
... Philippines E-cigarette and Vape Market Size Set to Grow at Steady CAGR to Reach USD 287.33 Million & 653,190 Units by 2030 Philippines E-cigarette and Vape Market is flourishing because of the emerging alternative to ... Read More
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The Philippines Eyewear
... context of gradually improving economic conditions, including government efforts to contain inflation, which will encourage consumer spending. The concept of Business Process Outsourcing (BPO), which involves delegating certain business functions, such as customer service, to ... Read More
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The Philippines Contact Lenses and Solutions
... has led to the emergence of a growing number of optical goods stores, are which located in previously underserved areas outside the three major cities of Quezon, Manila, and Caloocan. These stores offer a choice ... Read More
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The Philippines Sunglasses
... context of gradually improving economic conditions, which will encourage consumer spending. The return of international tourists to the country will also have a positive influence on demand, as consumers return to their pre-pandemic lifestyles. Growth ... Read More
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The Philippines Spectacles
... government efforts to contain inflation, which will encourage consumer spending. The concept of Business Process Outsourcing (BPO has also seen an increase in popularity across the Philippines. With a significant percentage of its population fluent ... Read More
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The Philippines Video Games
... picture varied between the performance of video games hardware and video games software, with former only seeing modest growth in 2023 as financial pressures forced consumers to reign in their spending. In contrast, mobile games ... Read More
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The Philippines Toys and Games
... Several factors shaped consumer purchasing behaviour and market trends in 2023. First, high inflation prompted many Filipinos to exercise greater caution in their discretionary spending, which resulted in many families allocating less of their budget ... Read More
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The Philippines Traditional Toys and Games
... many households to exercise greater caution in their discretionary spending. Despite these challenges there were still some positive stories in the market. For instance, Sonny Angels and Pop Mart are two of the rising toy ... Read More
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Philippines Dog Food
... rising prices caused by inflation. Higher prices had a particularly significant negative impact on mid-priced dry dog food, as pet owners opted for more cost-effective alternatives. In addition, the country’s reliance on imports was a ... Read More
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Philippines Cat Food
... in the cat population attracted many players to the category, leading to a notable increase in the brands available. In 2024, around 30 brands are present, compared with just a few in 2010, indicating that ... Read More
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Philippines Pet Products
... a strain on pet owners’ budgets. Therefore, although retail current value growth continued for pet products in the Philippines in 2023, and this trend is set to continue in 2024, rates of increase are lower ... Read More
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Philippines Other Pet Food
... attributed to inflation and rising prices. In 2024, sales of other pet food are expected to rebound to growth, with increases expected across all categories in both retail volume and current value terms in the ... Read More
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Philippines Pet Care
... pet ownership. The slowdown in this year was mainly attributed to the impact of inflation, with consumers being more cautious with their spending. Moving into 2024, there is a somewhat brighter outlook for pet care, ... Read More
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Mass Beauty and Personal Care in the Philippines
... of the population, many of whom did not have the resources to purchase premium alternatives. The category also saw buoyant growth in current value terms, continuing the trend of the previous year. This was due ... Read More
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Baby and Child-Specific Products in the Philippines
... in the birth rate, thanks to greater female empowerment and easier access to family planning and birth control. While the Philippines has traditionally had a higher birth rate than many of its Southeast Asian neighbours, ... Read More
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Sun Care in the Philippines
... reopening of the country’s borders to international visitors. Consumers from all social strata are also increasingly aware of the link between prolonged sun exposure and skin cancer, thanks to the efforts of various NGOs and ... Read More
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Depilatories in the Philippines
... such as those offered by health and beauty specialist retailers chain Watsons, rather than any real downturn in demand. With consumers returning to their busy pre-pandemic lifestyles, including an increase in social activities, volume sales ... Read More