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Online Retail in Philippines

Summary

Online Retail in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The online retail market is segmented into apparel retail, electrical & electronics retail, food & grocery retail, home & garden products, furniture & floor coverings, and footwear.
- The Filipino online retail sector recorded revenues of $6,255.0 million in 2023, representing a compound annual growth rate (CAGR) of 38.3% between 2018 and 2023.
- The electrical & electronics retail segment accounted for the sector's largest proportion in 2023, with total revenues of $3,597.6 million, equivalent to 57.5% of the sector's overall value.
- Filipino's online retail sector held 0.6% of the market share in the Asia-Pacific region in 2023.

Scope

- Save time carrying out entry-level research by identifying the size, growth, and leading players in the online retail market in Philippines
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online retail market in Philippines
- Leading company profiles reveal details of key online retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Philippines online retail market with five year forecasts

Reasons To Buy

- What was the size of the Philippines online retail market by value in 2023?
- What will be the size of the Philippines online retail market in 2028?
- What factors are affecting the strength of competition in the Philippines online retail market?
- How has the market performed over the last five years?
- How large is Philippines’s online retail market in relation to its regional counterparts?