PUBLISHER: TechNavio | PRODUCT CODE: 1625865
PUBLISHER: TechNavio | PRODUCT CODE: 1625865
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:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 9.7% |
CAGR | 11.1% |
Incremental Value | $66353.1 mn |
By Product
By Distribution Channel
By Geographical Landscape
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:
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.
Exhibits: