$70.67 Billion Growth in Retail Market in the Philippines, Growing Demand for Ready-to-Eat Food Products to Drive Market Growth

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Technavio analyzes the market in Product (food and beverages, personal and household care, clothing and footwear, electrical and electronics, and others) and distribution channel (offline and online). The growing importance of in-store bakeries in supermarkets is expected to have a positive impact on the growth of the retail market in The Philippines during the forecast period.

The growth of the retail market share of the food and beverage sector in The Philippines will be substantial. The increase in the purchasing power of individuals in producing regions such as Manila and Calabarzon, as well as the upward trend in commodity prices, would contribute to the expansion. Additionally, consumers of The Philippines are increasingly interested in purchasing imported items, especially processed foods, which are expected to increase at the fastest rate during the forecast period. Buy a sample report.

Growing competition in the retail sector in The Philippines compels providers to adopt various growth strategies such as promotional activities and advertising expenditures to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as mergers and acquisitions to stay competitive in the market.

The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:

  • Cosco Capital Inc.- The company offers its customers various products from well-known brands ranging from the latest technology items to office and school supplies and modern functional furniture.
  • Fast Retailing Co. Ltd.- The company develops products to suit customers’ changing lifestyles and creates more attractive shopping environments for customers.
  • Metro Retail Group Inc.- The Company is engaged in the trading of goods, commodities, commodities and commodities of all kinds, such as clothing, bags, accessories, toys and household items.
  • New City Commercial Corp- The company operates a wide range of shopping stores and malls, such as Choice Mart, Play Planet, HB1 Pharmacy and many more.
  • Robinsons Retail Holding Inc.- The Company operates retail businesses such as supermarkets, department stores, DIY stores, convenience stores, pharmacies and specialty stores.

Find additional highlights on growth strategies adopted by vendors and their product
offerings,
Read a sample report.

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Retail Market Scope in the Philippines

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 11.68%

Market Growth 2022-2026

$70.67 billion

Market structure

Fragmented

Annual growth (%)

10:42

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled Key Companies

Amazon.com Inc., Cosco Capital Inc., Fast Retailing Co. Ltd., Mercury Drug Corp., Metro Retail Stores Group Inc., New City Commercial Corp, Robinsons Retail Holding Inc., Seven and I Holdings Co. Ltd., SM Investments Corp and SSI Group Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Recovery Analysis and Future Consumer Dynamics, and Status Analysis market for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: forecast for 2021 – 2026

Five forces analysis

  • Summary of the five forces
  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by product

  • Market segments
  • Comparison by product
  • Food and beverages – Market size and forecast 2021-2026
  • Personal and household care – Market size and forecast 2021-2026
  • Apparel and footwear – Market size and forecast 2021-2026
  • Electricity and electronics – Market size and forecast 2021-2026
  • Others – Market size and forecast 2021-2026
  • Market opportunity by product

Market segmentation by distribution channel

  • Market segments
  • Comparison by distribution channel
  • Offline – Market size and forecast 2021-2026
  • Online – Market size and forecast 2021-2026
  • Market opportunity by distribution channel

Customer landscape

  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Amazon.com Inc.
  • Cosco Capital Inc.
  • Fast Retailing Co.Ltd.
  • Mercury Drug Corp.
  • Metro Retail Group Inc.
  • New Town Trading Company
  • Robinsons Retail Holding Inc.
  • Seven and I Holdings Co. Ltd.
  • SM Investments Corp
  • SSI Group Inc.

Annex

  • Report scope
  • Currency conversion rates for the US dollar
  • Research Methodology
  • Abreviations list

About Us
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