Retailing in the Philippines
In 2021, COVID-19 cases continued to rise in the Philippines with different levels of quarantine measures being implemented from time to time. Retailing players within schools, offices, and commercial clusters have remained affected by varying mobility restrictions, whilst face-to-face learning is suspended, office workers remain advised to work remotely, and malls and dining establishments have capacity limits. Despite ongoing restrictions and continuing fear of the virus, Filipinos are learnin...
Euromonitor International's Retailing in Philippines report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Product coverage: Non-Store Retailing, Store-Based Retailing.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
Euromonitor International's Retailing in Philippines report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Product coverage: Non-Store Retailing, Store-Based Retailing.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Retailing market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market’s major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
RETAILING IN THE PHILIPPINES
EXECUTIVE SUMMARY
Retailing in 2021: The big picture
E-commerce further accelerates as convenience and safety remain important
Easily accessible community stores continue to gain relevance
What next for retailing?
OPERATING ENVIRONMENT
Informal retailing
Opening hours
Summary 1 Standard Opening Hours by Channel Type 2021
Physical retail landscape
Cash and carry
Seasonality
Christmas
Back to School
Payments and delivery
Emerging business models
MARKET DATA
Table 1 Sales in Retailing by Store-based vs Non-Store: Value 2016-2021
Table 2 Sales in Retailing by Store-based vs Non-Store: % Value Growth 2016-2021
Table 3 Sales in Store-based Retailing by Channel: Value 2016-2021
Table 4 Sales in Store-based Retailing by Channel: % Value Growth 2016-2021
Table 5 Store-based Retailing Outlets by Channel: Units 2016-2021
Table 6 Store-based Retailing Outlets by Channel: % Unit Growth 2016-2021
Table 7 Sales in Non-Store Retailing by Channel: Value 2016-2021
Table 8 Sales in Non-Store Retailing by Channel: % Value Growth 2016-2021
Table 9 Grocery Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 10 Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 11 Sales in Grocery Retailers by Channel: Value 2016-2021
Table 12 Sales in Grocery Retailers by Channel: % Value Growth 2016-2021
Table 13 Grocery Retailers Outlets by Channel: Units 2016-2021
Table 14 Grocery Retailers Outlets by Channel: % Unit Growth 2016-2021
Table 15 Non-Grocery Specialists: Value Sales, Outlets and Selling Space 2016-2021
Table 16 Non-Grocery Specialists: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 17 Sales in Non-Grocery Specialists by Channel: Value 2016-2021
Table 18 Sales in Non-Grocery Specialists by Channel: % Value Growth 2016-2021
Table 19 Non-Grocery Specialists Outlets by Channel: Units 2016-2021
Table 20 Non-Grocery Specialists Outlets by Channel: % Unit Growth 2016-2021
Table 21 Mixed Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 22 Mixed Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 23 Sales in Mixed Retailers by Channel: Value 2016-2021
Table 24 Sales in Mixed Retailers by Channel: % Value Growth 2016-2021
Table 25 Mixed Retailers Outlets by Channel: Units 2016-2021
Table 26 Mixed Retailers Outlets by Channel: % Unit Growth 2016-2021
Table 27 Retailing GBO Company Shares: % Value 2017-2021
Table 28 Retailing GBN Brand Shares: % Value 2018-2021
Table 29 Store-based Retailing GBO Company Shares: % Value 2017-2021
Table 30 Store-based Retailing GBN Brand Shares: % Value 2018-2021
Table 31 Store-based Retailing LBN Brand Shares: Outlets 2018-2021
Table 32 Non-Store Retailing GBO Company Shares: % Value 2017-2021
Table 33 Non-Store Retailing GBN Brand Shares: % Value 2018-2021
Table 34 Grocery Retailers GBO Company Shares: % Value 2017-2021
Table 35 Grocery Retailers GBN Brand Shares: % Value 2018-2021
Table 36 Grocery Retailers LBN Brand Shares: Outlets 2018-2021
Table 37 Grocery Retailers LBN Brand Shares: Selling Space 2018-2021
Table 38 Non-Grocery Specialists GBO Company Shares: % Value 2017-2021
Table 39 Non-Grocery Specialists GBN Brand Shares: % Value 2018-2021
Table 40 Non-Grocery Specialists LBN Brand Shares: Outlets 2018-2021
Table 41 Non-Grocery Specialists LBN Brand Shares: Selling Space 2018-2021
Table 42 Mixed Retailers GBO Company Shares: % Value 2017-2021
Table 43 Mixed Retailers GBN Brand Shares: % Value 2018-2021
Table 44 Mixed Retailers LBN Brand Shares: Outlets 2018-2021
Table 45 Mixed Retailers LBN Brand Shares: Selling Space 2018-2021
Table 46 Forecast Sales in Retailing by Store-based vs Non-Store: Value 2021-2026
Table 47 Forecast Sales in Retailing by Store-based vs Non-Store: % Value Growth 2021-2026
Table 48 Forecast Sales in Store-based Retailing by Channel: Value 2021-2026
Table 49 Forecast Sales in Store-based Retailing by Channel: % Value Growth 2021-2026
Table 50 Forecast Store-based Retailing Outlets by Channel: Units 2021-2026
Table 51 Forecast Store-Based Retailing Outlets by Channel: % Unit Growth 2021-2026
Table 52 Forecast Sales in Non-Store Retailing by Channel: Value 2021-2026
Table 53 Forecast Sales in Non-Store Retailing by Channel: % Value Growth 2021-2026
Table 54 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 55 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
Table 56 Forecast Sales in Grocery Retailers by Channel: Value 2021-2026
Table 57 Forecast Sales in Grocery Retailers by Channel: % Value Growth 2021-2026
Table 58 Forecast Grocery Retailers Outlets by Channel: Units 2021-2026
Table 59 Forecast Grocery Retailers Outlets by Channel: % Unit Growth 2021-2026
Table 60 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 61 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
Table 62 Forecast Sales in Non-Grocery Specialists by Channel: Value 2021-2026
Table 63 Forecast Sales in Non-Grocery Specialists by Channel: % Value Growth 2021-2026
Table 64 Forecast Non-Grocery Specialists Outlets by Channel: Units 2021-2026
Table 65 Forecast Non-Grocery Specialists Outlets by Channel: % Unit Growth 2021-2026
Table 66 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 67 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
Table 68 Forecast Sales in Mixed Retailers by Channel: Value 2021-2026
Table 69 Forecast Sales in Mixed Retailers by Channel: % Value Growth 2021-2026
Table 70 Forecast Mixed Retailers Outlets by Channel: Units 2021-2026
Table 71 Forecast Mixed Retailers Outlets by Channel: % Unit Growth 2021-2026
DISCLAIMER
SOURCES
Summary 2 Research Sources
CONVENIENCE STORES IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Value decline continues as operating limitations prevent stronger sales
Expansion plans hampered due to COVID-19 issues
Alfamart finds new audience in underserved rural communities
PROSPECTS AND OPPORTUNITIES
Swift recovery expected as restrictions relax and outlets reopen
To aid recovery, category players will shift product assortments, introduce new shopping concepts, and partner with other brands
Digital payments and delivery services will continue to grow in importance
CHANNEL DATA
Table 72 Convenience Stores: Value Sales, Outlets and Selling Space 2016-2021
Table 73 Convenience Stores: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 74 Convenience Stores GBO Company Shares: % Value 2017-2021
Table 75 Convenience Stores GBN Brand Shares: % Value 2018-2021
Table 76 Convenience Stores LBN Brand Shares: Outlets 2018-2021
Table 77 Convenience Stores LBN Brand Shares: Selling Space 2018-2021
Table 78 Convenience Stores Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 79 Convenience Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
DISCOUNTERS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Puregold Extra remains only brand within discounters and sees decline
PROSPECTS AND OPPORTUNITIES
Puregold will still be the main player, with a focus on outlet expansion and digital growth
CHANNEL DATA
Table 80 Discounters: Value Sales, Outlets and Selling Space 2016-2021
Table 81 Discounters: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 82 Discounters GBO Company Shares: % Value 2017-2021
Table 83 Discounters GBN Brand Shares: % Value 2018-2021
Table 84 Discounters LBN Brand Shares: Outlets 2018-2021
Table 85 Discounters LBN Brand Shares: Selling Space 2018-2021
Table 86 Discounters Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 87 Discounters Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
HYPERMARKETS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Despite recording value growth in 2020, hypermarkets will see a heavy decline
SM Hypermarket benefits from helping local food producers
Puregold brands under pressure from COVID-19 but remains on top
PROSPECTS AND OPPORTUNITIES
Slightly slower growth expected as stockpiling behaviour dwindles
Online shopping will continue growing as players explore the digital landscape
Convenient shopping services and rebound of sari-sari stores are set to aid recovery of category sales
CHANNEL DATA
Table 88 Hypermarkets: Value Sales, Outlets and Selling Space 2016-2021
Table 89 Hypermarkets: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 90 Hypermarkets GBO Company Shares: % Value 2017-2021
Table 91 Hypermarkets GBN Brand Shares: % Value 2018-2021
Table 92 Hypermarkets LBN Brand Shares: Outlets 2018-2021
Table 93 Hypermarkets LBN Brand Shares: Selling Space 2018-2021
Table 94 Hypermarkets Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 95 Hypermarkets Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
SUPERMARKETS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Decline in sales as poor economic conditions restrict consumer purchases
Expansion continues with notable developments from AllDay and MerryMart
Third-party e-commerce partnerships and shopper programs maintain popularity
PROSPECTS AND OPPORTUNITIES
Supermarkets set for steady recovery as shopping behaviour normalises
Online grocery expected to remain a significant contributor to sales
Dark grocery store concept has strong potential to take off
CHANNEL DATA
Table 96 Supermarkets: Value Sales, Outlets and Selling Space 2016-2021
Table 97 Supermarkets: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 98 Supermarkets GBO Company Shares: % Value 2017-2021
Table 99 Supermarkets GBN Brand Shares: % Value 2018-2021
Table 100 Supermarkets LBN Brand Shares: Outlets 2018-2021
Table 101 Supermarkets LBN Brand Shares: Selling Space 2018-2021
Table 102 Supermarkets Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 103 Supermarkets Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
TRADITIONAL GROCERY RETAILERS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Modern grocery retailers expanding faster at expense of category sales
Expanding via e-commerce proves to be a challenge for traditional retailers
Traditional groceries, especially SMEs are on track to recovery
PROSPECTS AND OPPORTUNITIES
Slow growth expected as consumers increasingly turn to modern channels
Selling space and sites/outlets set for decline
Traditional retailers will retain significant presence in smaller, rural communities
CHANNEL DATA
Table 104 Traditional Grocery Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 105 Traditional Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 106 Traditional Grocery Retailers GBO Company Shares: % Value 2017-2021
Table 107 Traditional Grocery Retailers GBN Brand Shares: % Value 2018-2021
Table 108 Traditional Grocery Retailers LBN Brand Shares: Outlets 2018-2021
Table 109 Traditional Grocery Retailers LBN Brand Shares: Selling Space 2018-2021
Table 110 Traditional Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 111 Traditional Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
APPAREL AND FOOTWEAR SPECIALIST RETAILERS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Another year of poor sales despite retailers adapting their product portfolios
Upper class consumers continue to spend on luxury items amidst the pandemic
Brands adopt different strategies to cope with pandemic but not all survive
PROSPECTS AND OPPORTUNITIES
Slow recovery expected with safety and locality to remain the main trends
Apparel and footwear companies for different causes
Enhancing the e-commerce experience seen by apparel and footwear companies
CHANNEL DATA
Table 112 Apparel And Footwear Specialist Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 113 Apparel And Footwear Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 114 Apparel And Footwear Specialist Retailers GBO Company Shares: % Value 2017-2021
Table 115 Apparel And Footwear Specialist Retailers GBN Brand Shares: % Value 2018-2021
Table 116 Apparel And Footwear Specialist Retailers LBN Brand Shares: Outlets 2018-2021
Table 117 Apparel And Footwear Specialist Retailers LBN Brand Shares: Selling Space 2018-2021
Table 118 Apparel And Footwear Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 119 Apparel And Footwear Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
ELECTRONICS AND APPLIANCE SPECIALIST RETAILERS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Continuing decline in 2021 as electronics were bought in first year of pandemic
Automatic Centre to shut down whilst XTREME Appliances continues to grow
Financing options regain popularity due to economic instability
PROSPECTS AND OPPORTUNITIES
Channel unlikely to make full recovery despite essential nature of many electronics and appliances
E-commerce becoming more relevant even to electronics and appliance retailers
Brands continue to push for growth with aggressive promotions
CHANNEL DATA
Table 120 Electronics and Appliance Specialist Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 121 Electronics and Appliance Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 122 Electronics and Appliance Specialist Retailers GBO Company Shares: % Value 2017-2021
Table 123 Electronics and Appliance Specialist Retailers GBN Brand Shares: % Value 2018-2021
Table 124 Electronics and Appliance Specialist Retailers LBN Brand Shares: Outlets 2018-2021
Table 125 Electronics and Appliance Specialist Retailers LBN Brand Shares: Selling Space 2018-2021
Table 126 Electronics and Appliance Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 127 Electronics and Appliance Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
HEALTH AND BEAUTY SPECIALIST RETAILERS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Health and wellness retailers see growth amid pandemic concerns
Beauty specialist retailers one of the worst hit by pandemic restrictions
Mercury Drug remains in top position whilst RRHI expands drugstores portfolio
PROSPECTS AND OPPORTUNITIES
Continuous growth expected as heightened health-consciousness lingers
Beauty specialist retailers prospects set to depend on speed of pandemic recovery
More partnerships expected, especially for e-commerce distribution
CHANNEL DATA
Table 128 Health and Beauty Specialist Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 129 Health and Beauty Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 130 Sales in Health and Beauty Specialist Retailers by Channel: Value 2016-2021
Table 131 Sales in Health and Beauty Specialist Retailers by Channel: % Value Growth 2016-2021
Table 132 Health and Beauty Specialist Retailers GBO Company Shares: % Value 2017-2021
Table 133 Health and Beauty Specialist Retailers GBN Brand Shares: % Value 2018-2021
Table 134 Health and Beauty Specialist Retailers LBN Brand Shares: Outlets 2018-2021
Table 135 Health and Beauty Specialist Retailers LBN Brand Shares: Selling Space 2018-2021
Table 136 Health and Beauty Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 137 Health and Beauty Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
Table 138 Forecast Sales in Health and Beauty Specialist Retailers by Channel: Value 2021-2026
Table 139 Forecast Sales in Health and Beauty Specialist Retailers by Channel: % Value Growth 2021-2026
HOME AND GARDEN SPECIALIST RETAILERS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Category begins recovery as consumers look to make soft renovations
Store-based growth limited because sales are increasingly completed online
Leading brand Wilcon innovates with various strategies
PROSPECTS AND OPPORTUNITIES
Growth to be hampered by weak consumer spending and higher construction costs
Retailers outside key urban cities are set to grow faster
Urban gardening trend may provide new avenue for category profit
CHANNEL DATA
Table 140 Home and Garden Specialist Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 141 Home and Garden Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 142 Sales in Home and Garden Specialist Retailers by Channel: Value 2016-2021
Table 143 Sales in Home and Garden Specialist Retailers by Channel: % Value Growth 2016-2021
Table 144 Home and Garden Specialist Retailers GBO Company Shares: % Value 2017-2021
Table 145 Home and Garden Specialist Retailers GBN Brand Shares: % Value 2018-2021
Table 146 Home and Garden Specialist Retailers LBN Brand Shares: Outlets 2018-2021
Table 147 Home and Garden Specialist Retailers LBN Brand Shares: Selling Space 2018-2021
Table 148 Home and Garden Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 149 Home and Garden Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
Table 150 Forecast Sales in Home and Garden Specialist Retailers by Channel: Value 2021-2026
Table 151 Forecast Sales in Home and Garden Specialist Retailers by Channel: % Value Growth 2021-2026
DEPARTMENT STORES IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Stagnant growth observed for department stores in 2021
SM Department Store retains lead by adapting to consumers’ changing needs
Rise of e-commerce sales not capable of preventing overall decline
PROSPECTS AND OPPORTUNITIES
Recovery expected, despite uncertainty about reaching pre-pandemic sales level
Personal shoppers via e-commerce set to drive channel growth as consumers continue to value premium, customised services
Department stores to enhance in-store experience and keep hygiene measures
CHANNEL DATA
Table 152 Department Stores: Value Sales, Outlets and Selling Space 2016-2021
Table 153 Department Stores: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 154 Department Stores GBO Company Shares: % Value 2017-2021
Table 155 Department Stores GBN Brand Shares: % Value 2018-2021
Table 156 Department Stores LBN Brand Shares: Outlets 2018-2021
Table 157 Department Stores LBN Brand Shares: Selling Space 2018-2021
Table 158 Department Stores Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 159 Department Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
VARIETY STORES IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Decline continues as non-essential products and lack of specific focus reduces consumer demand
Pandemic closures lead players to seek new selling formats
Variety stores continue to invest in in-store improvements
PROSPECTS AND OPPORTUNITIES
Slow recovery expected as pandemic continues to hamper sales
Innovations and brand partnerships needed to entice consumers to stores
Expansion boom to be delayed, with players instead set to focus on e-commerce
CHANNEL DATA
Table 160 Variety Stores: Value Sales, Outlets and Selling Space 2016-2021
Table 161 Variety Stores: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 162 Variety Stores GBO Company Shares: % Value 2017-2021
Table 163 Variety Stores GBN Brand Shares: % Value 2018-2021
Table 164 Variety Stores LBN Brand Shares: Outlets 2018-2021
Table 165 Variety Stores LBN Brand Shares: Selling Space 2018-2021
Table 166 Variety Stores Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 167 Variety Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
WAREHOUSE CLUBS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Warehouse clubs value sales observed decline but retains higher value sales than pre-pandemic
Expansion of warehouse clubs driven by S&R Membership Shopping
E-commerce options grow but retain only a niche share of category sales
PROSPECTS AND OPPORTUNITIES
Growth set to be observed in value sales and sites/outlets, with the latter particularly driven by S&R Membership Shopping
Wide variety of international offerings likely to continue to attract higher-income consumers
E-commerce set to grow in relevance as consumers seek convenience
CHANNEL DATA
Table 168 Warehouse Clubs: Value Sales, Outlets and Selling Space 2016-2021
Table 169 Warehouse Clubs: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 170 Warehouse Clubs GBO Company Shares: % Value 2017-2021
Table 171 Warehouse Clubs GBN Brand Shares: % Value 2018-2021
Table 172 Warehouse Clubs LBN Brand Shares: Outlets 2018-2021
Table 173 Warehouse Clubs LBN Brand Shares: Selling Space 2018-2021
Table 174 Warehouse Clubs Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 175 Warehouse Clubs Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
DIRECT SELLING IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Direct selling heavily affected as lack of face-to-face interactions hampers sales
Success of companies in pandemic is dependent on product offerings, with health and sports products seeing much greater demand than beauty products
Focus on digital intensifies as COVID-19 drives business online
PROSPECTS AND OPPORTUNITIES
Full recovery expected despite continuation of unauthorised selling problems
Personal relationship will continue to be at the core of direct selling
Local culture will support channel growth as trust remains vital to sales
CHANNEL DATA
Table 176 Direct Selling by Category: Value 2016-2021
Table 177 Direct Selling by Category: % Value Growth 2016-2021
Table 178 Direct Selling GBO Company Shares: % Value 2017-2021
Table 179 Direct Selling GBN Brand Shares: % Value 2018-2021
Table 180 Direct Selling Forecasts by Category: Value 2021-2026
Table 181 Direct Selling Forecasts by Category: % Value Growth 2021-2026
HOMESHOPPING IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Exit of the leading brand O Shopping signifies major difficulties for the channel
Livestream shopping emerges creating strong competition for homeshopping
E-commerce and social media become essential selling platforms
PROSPECTS AND OPPORTUNITIES
Increased competition from e-commerce set to hinder recovery of the category
Declining popularity of TV and cable viewing to be detrimental to channel prospects
Live selling set to become more popular as players turn to social media
CHANNEL DATA
Table 182 Homeshopping by Category: Value 2016-2021
Table 183 Homeshopping by Category: % Value Growth 2016-2021
Table 184 Homeshopping GBO Company Shares: % Value 2017-2021
Table 185 Homeshopping GBN Brand Shares: % Value 2018-2021
Table 186 Homeshopping Forecasts by Category: Value 2021-2026
Table 187 Homeshopping Forecasts by Category: % Value Growth 2021-2026
VENDING IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
RECOVERY AND OPPORTUNITIES
CHANNEL DATA
Table 188 Vending by Category: Value 2016-2021
Table 189 Vending by Category: % Value Growth 2016-2021
Table 190 Vending Forecasts by Category: Value 2021-2026
Table 191 Vending Forecasts by Category: % Value Growth 2021-2026
E-COMMERCE (GOODS) IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
E-commerce sales boom as retailers shift online in pandemic
High e-commerce growth continues to be driven by third party players despite advances in brand websites
Consumers purchase an increasing number of categories through e-commerce, though personal shopper programmes remain popular
PROSPECTS AND OPPORTUNITIES
Growth is set to accelerate given long-term changes consumer behaviour
Shopee’s support of local businesses will help it retain its top position
Omnichannel approach will be the future for most retailers in the Philippines
CHANNEL DATA
Table 192 E-Commerce (Goods) by Channel and Category: Value 2016-2021
Table 193 E-Commerce (Goods) by Channel and Category: % Value Growth 2016-2021
Table 194 E-Commerce (Goods) GBO Company Shares: % Value 2017-2021
Table 195 E-Commerce (Goods) GBN Brand Shares: % Value 2018-2021
Table 196 Forecast E-Commerce (Goods) by Channel and Category: Value 2021-2026
Table 197 Forecast E-Commerce (Goods) by Channel and Category: % Value Growth 2021-2026
MOBILE E-COMMERCE (GOODS) IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Smartphone usage is still increasing despite economic difficulties in the country
Active mobile wallet players also help push e-commerce
Retailers and e-commerce players continue to improve mobile app experience
PROSPECTS AND OPPORTUNITIES
Continuous growth expected as retailers increasingly invest in mobile offerings
Greater investments in digital infrastructure expected to boost mobile e-commerce
5G roll out will support development of mobile e-commerce
CHANNEL DATA
Table 198 Mobile E-Commerce (Goods): Value 2016-2021
Table 199 Mobile E-Commerce (Goods): % Value Growth 2016-2021
Table 200 Mobile E-Commerce (Goods) Forecasts: Value 2021-2026
Table 201 Mobile E-Commerce (Goods) Forecasts: % Value Growth 2021-2026
FOOD AND DRINK E-COMMERCE IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Online grocery continues to grow despite more relaxed restrictions
E-commerce websites observe high growth as consumers prove willing to try new online concepts
New players penetrate online space to capitalise on rapidly growing demand
PROSPECTS AND OPPORTUNITIES
Promising growth thanks to convenience and variety of options
Online grocery purchases to be aided by partnerships with Shopee and Lazada
Facebook Marketplace to increasingly challenge more traditional channels for category share
CHANNEL DATA
Table 202 Food and Drink E-Commerce: Value 2016-2021
Table 203 Food and Drink E-Commerce: % Value Growth 2016-2021
Table 204 Food and Drink E-Commerce Forecasts: Value 2021-2026
Table 205 Food and Drink E-Commerce Forecasts: % Value Growth 2021-2026
EXECUTIVE SUMMARY
Retailing in 2021: The big picture
E-commerce further accelerates as convenience and safety remain important
Easily accessible community stores continue to gain relevance
What next for retailing?
OPERATING ENVIRONMENT
Informal retailing
Opening hours
Summary 1 Standard Opening Hours by Channel Type 2021
Physical retail landscape
Cash and carry
Seasonality
Christmas
Back to School
Payments and delivery
Emerging business models
MARKET DATA
Table 1 Sales in Retailing by Store-based vs Non-Store: Value 2016-2021
Table 2 Sales in Retailing by Store-based vs Non-Store: % Value Growth 2016-2021
Table 3 Sales in Store-based Retailing by Channel: Value 2016-2021
Table 4 Sales in Store-based Retailing by Channel: % Value Growth 2016-2021
Table 5 Store-based Retailing Outlets by Channel: Units 2016-2021
Table 6 Store-based Retailing Outlets by Channel: % Unit Growth 2016-2021
Table 7 Sales in Non-Store Retailing by Channel: Value 2016-2021
Table 8 Sales in Non-Store Retailing by Channel: % Value Growth 2016-2021
Table 9 Grocery Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 10 Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 11 Sales in Grocery Retailers by Channel: Value 2016-2021
Table 12 Sales in Grocery Retailers by Channel: % Value Growth 2016-2021
Table 13 Grocery Retailers Outlets by Channel: Units 2016-2021
Table 14 Grocery Retailers Outlets by Channel: % Unit Growth 2016-2021
Table 15 Non-Grocery Specialists: Value Sales, Outlets and Selling Space 2016-2021
Table 16 Non-Grocery Specialists: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 17 Sales in Non-Grocery Specialists by Channel: Value 2016-2021
Table 18 Sales in Non-Grocery Specialists by Channel: % Value Growth 2016-2021
Table 19 Non-Grocery Specialists Outlets by Channel: Units 2016-2021
Table 20 Non-Grocery Specialists Outlets by Channel: % Unit Growth 2016-2021
Table 21 Mixed Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 22 Mixed Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 23 Sales in Mixed Retailers by Channel: Value 2016-2021
Table 24 Sales in Mixed Retailers by Channel: % Value Growth 2016-2021
Table 25 Mixed Retailers Outlets by Channel: Units 2016-2021
Table 26 Mixed Retailers Outlets by Channel: % Unit Growth 2016-2021
Table 27 Retailing GBO Company Shares: % Value 2017-2021
Table 28 Retailing GBN Brand Shares: % Value 2018-2021
Table 29 Store-based Retailing GBO Company Shares: % Value 2017-2021
Table 30 Store-based Retailing GBN Brand Shares: % Value 2018-2021
Table 31 Store-based Retailing LBN Brand Shares: Outlets 2018-2021
Table 32 Non-Store Retailing GBO Company Shares: % Value 2017-2021
Table 33 Non-Store Retailing GBN Brand Shares: % Value 2018-2021
Table 34 Grocery Retailers GBO Company Shares: % Value 2017-2021
Table 35 Grocery Retailers GBN Brand Shares: % Value 2018-2021
Table 36 Grocery Retailers LBN Brand Shares: Outlets 2018-2021
Table 37 Grocery Retailers LBN Brand Shares: Selling Space 2018-2021
Table 38 Non-Grocery Specialists GBO Company Shares: % Value 2017-2021
Table 39 Non-Grocery Specialists GBN Brand Shares: % Value 2018-2021
Table 40 Non-Grocery Specialists LBN Brand Shares: Outlets 2018-2021
Table 41 Non-Grocery Specialists LBN Brand Shares: Selling Space 2018-2021
Table 42 Mixed Retailers GBO Company Shares: % Value 2017-2021
Table 43 Mixed Retailers GBN Brand Shares: % Value 2018-2021
Table 44 Mixed Retailers LBN Brand Shares: Outlets 2018-2021
Table 45 Mixed Retailers LBN Brand Shares: Selling Space 2018-2021
Table 46 Forecast Sales in Retailing by Store-based vs Non-Store: Value 2021-2026
Table 47 Forecast Sales in Retailing by Store-based vs Non-Store: % Value Growth 2021-2026
Table 48 Forecast Sales in Store-based Retailing by Channel: Value 2021-2026
Table 49 Forecast Sales in Store-based Retailing by Channel: % Value Growth 2021-2026
Table 50 Forecast Store-based Retailing Outlets by Channel: Units 2021-2026
Table 51 Forecast Store-Based Retailing Outlets by Channel: % Unit Growth 2021-2026
Table 52 Forecast Sales in Non-Store Retailing by Channel: Value 2021-2026
Table 53 Forecast Sales in Non-Store Retailing by Channel: % Value Growth 2021-2026
Table 54 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 55 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
Table 56 Forecast Sales in Grocery Retailers by Channel: Value 2021-2026
Table 57 Forecast Sales in Grocery Retailers by Channel: % Value Growth 2021-2026
Table 58 Forecast Grocery Retailers Outlets by Channel: Units 2021-2026
Table 59 Forecast Grocery Retailers Outlets by Channel: % Unit Growth 2021-2026
Table 60 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 61 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
Table 62 Forecast Sales in Non-Grocery Specialists by Channel: Value 2021-2026
Table 63 Forecast Sales in Non-Grocery Specialists by Channel: % Value Growth 2021-2026
Table 64 Forecast Non-Grocery Specialists Outlets by Channel: Units 2021-2026
Table 65 Forecast Non-Grocery Specialists Outlets by Channel: % Unit Growth 2021-2026
Table 66 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 67 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
Table 68 Forecast Sales in Mixed Retailers by Channel: Value 2021-2026
Table 69 Forecast Sales in Mixed Retailers by Channel: % Value Growth 2021-2026
Table 70 Forecast Mixed Retailers Outlets by Channel: Units 2021-2026
Table 71 Forecast Mixed Retailers Outlets by Channel: % Unit Growth 2021-2026
DISCLAIMER
SOURCES
Summary 2 Research Sources
CONVENIENCE STORES IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Value decline continues as operating limitations prevent stronger sales
Expansion plans hampered due to COVID-19 issues
Alfamart finds new audience in underserved rural communities
PROSPECTS AND OPPORTUNITIES
Swift recovery expected as restrictions relax and outlets reopen
To aid recovery, category players will shift product assortments, introduce new shopping concepts, and partner with other brands
Digital payments and delivery services will continue to grow in importance
CHANNEL DATA
Table 72 Convenience Stores: Value Sales, Outlets and Selling Space 2016-2021
Table 73 Convenience Stores: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 74 Convenience Stores GBO Company Shares: % Value 2017-2021
Table 75 Convenience Stores GBN Brand Shares: % Value 2018-2021
Table 76 Convenience Stores LBN Brand Shares: Outlets 2018-2021
Table 77 Convenience Stores LBN Brand Shares: Selling Space 2018-2021
Table 78 Convenience Stores Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 79 Convenience Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
DISCOUNTERS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Puregold Extra remains only brand within discounters and sees decline
PROSPECTS AND OPPORTUNITIES
Puregold will still be the main player, with a focus on outlet expansion and digital growth
CHANNEL DATA
Table 80 Discounters: Value Sales, Outlets and Selling Space 2016-2021
Table 81 Discounters: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 82 Discounters GBO Company Shares: % Value 2017-2021
Table 83 Discounters GBN Brand Shares: % Value 2018-2021
Table 84 Discounters LBN Brand Shares: Outlets 2018-2021
Table 85 Discounters LBN Brand Shares: Selling Space 2018-2021
Table 86 Discounters Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 87 Discounters Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
HYPERMARKETS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Despite recording value growth in 2020, hypermarkets will see a heavy decline
SM Hypermarket benefits from helping local food producers
Puregold brands under pressure from COVID-19 but remains on top
PROSPECTS AND OPPORTUNITIES
Slightly slower growth expected as stockpiling behaviour dwindles
Online shopping will continue growing as players explore the digital landscape
Convenient shopping services and rebound of sari-sari stores are set to aid recovery of category sales
CHANNEL DATA
Table 88 Hypermarkets: Value Sales, Outlets and Selling Space 2016-2021
Table 89 Hypermarkets: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 90 Hypermarkets GBO Company Shares: % Value 2017-2021
Table 91 Hypermarkets GBN Brand Shares: % Value 2018-2021
Table 92 Hypermarkets LBN Brand Shares: Outlets 2018-2021
Table 93 Hypermarkets LBN Brand Shares: Selling Space 2018-2021
Table 94 Hypermarkets Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 95 Hypermarkets Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
SUPERMARKETS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Decline in sales as poor economic conditions restrict consumer purchases
Expansion continues with notable developments from AllDay and MerryMart
Third-party e-commerce partnerships and shopper programs maintain popularity
PROSPECTS AND OPPORTUNITIES
Supermarkets set for steady recovery as shopping behaviour normalises
Online grocery expected to remain a significant contributor to sales
Dark grocery store concept has strong potential to take off
CHANNEL DATA
Table 96 Supermarkets: Value Sales, Outlets and Selling Space 2016-2021
Table 97 Supermarkets: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 98 Supermarkets GBO Company Shares: % Value 2017-2021
Table 99 Supermarkets GBN Brand Shares: % Value 2018-2021
Table 100 Supermarkets LBN Brand Shares: Outlets 2018-2021
Table 101 Supermarkets LBN Brand Shares: Selling Space 2018-2021
Table 102 Supermarkets Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 103 Supermarkets Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
TRADITIONAL GROCERY RETAILERS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Modern grocery retailers expanding faster at expense of category sales
Expanding via e-commerce proves to be a challenge for traditional retailers
Traditional groceries, especially SMEs are on track to recovery
PROSPECTS AND OPPORTUNITIES
Slow growth expected as consumers increasingly turn to modern channels
Selling space and sites/outlets set for decline
Traditional retailers will retain significant presence in smaller, rural communities
CHANNEL DATA
Table 104 Traditional Grocery Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 105 Traditional Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 106 Traditional Grocery Retailers GBO Company Shares: % Value 2017-2021
Table 107 Traditional Grocery Retailers GBN Brand Shares: % Value 2018-2021
Table 108 Traditional Grocery Retailers LBN Brand Shares: Outlets 2018-2021
Table 109 Traditional Grocery Retailers LBN Brand Shares: Selling Space 2018-2021
Table 110 Traditional Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 111 Traditional Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
APPAREL AND FOOTWEAR SPECIALIST RETAILERS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Another year of poor sales despite retailers adapting their product portfolios
Upper class consumers continue to spend on luxury items amidst the pandemic
Brands adopt different strategies to cope with pandemic but not all survive
PROSPECTS AND OPPORTUNITIES
Slow recovery expected with safety and locality to remain the main trends
Apparel and footwear companies for different causes
Enhancing the e-commerce experience seen by apparel and footwear companies
CHANNEL DATA
Table 112 Apparel And Footwear Specialist Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 113 Apparel And Footwear Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 114 Apparel And Footwear Specialist Retailers GBO Company Shares: % Value 2017-2021
Table 115 Apparel And Footwear Specialist Retailers GBN Brand Shares: % Value 2018-2021
Table 116 Apparel And Footwear Specialist Retailers LBN Brand Shares: Outlets 2018-2021
Table 117 Apparel And Footwear Specialist Retailers LBN Brand Shares: Selling Space 2018-2021
Table 118 Apparel And Footwear Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 119 Apparel And Footwear Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
ELECTRONICS AND APPLIANCE SPECIALIST RETAILERS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Continuing decline in 2021 as electronics were bought in first year of pandemic
Automatic Centre to shut down whilst XTREME Appliances continues to grow
Financing options regain popularity due to economic instability
PROSPECTS AND OPPORTUNITIES
Channel unlikely to make full recovery despite essential nature of many electronics and appliances
E-commerce becoming more relevant even to electronics and appliance retailers
Brands continue to push for growth with aggressive promotions
CHANNEL DATA
Table 120 Electronics and Appliance Specialist Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 121 Electronics and Appliance Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 122 Electronics and Appliance Specialist Retailers GBO Company Shares: % Value 2017-2021
Table 123 Electronics and Appliance Specialist Retailers GBN Brand Shares: % Value 2018-2021
Table 124 Electronics and Appliance Specialist Retailers LBN Brand Shares: Outlets 2018-2021
Table 125 Electronics and Appliance Specialist Retailers LBN Brand Shares: Selling Space 2018-2021
Table 126 Electronics and Appliance Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 127 Electronics and Appliance Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
HEALTH AND BEAUTY SPECIALIST RETAILERS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Health and wellness retailers see growth amid pandemic concerns
Beauty specialist retailers one of the worst hit by pandemic restrictions
Mercury Drug remains in top position whilst RRHI expands drugstores portfolio
PROSPECTS AND OPPORTUNITIES
Continuous growth expected as heightened health-consciousness lingers
Beauty specialist retailers prospects set to depend on speed of pandemic recovery
More partnerships expected, especially for e-commerce distribution
CHANNEL DATA
Table 128 Health and Beauty Specialist Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 129 Health and Beauty Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 130 Sales in Health and Beauty Specialist Retailers by Channel: Value 2016-2021
Table 131 Sales in Health and Beauty Specialist Retailers by Channel: % Value Growth 2016-2021
Table 132 Health and Beauty Specialist Retailers GBO Company Shares: % Value 2017-2021
Table 133 Health and Beauty Specialist Retailers GBN Brand Shares: % Value 2018-2021
Table 134 Health and Beauty Specialist Retailers LBN Brand Shares: Outlets 2018-2021
Table 135 Health and Beauty Specialist Retailers LBN Brand Shares: Selling Space 2018-2021
Table 136 Health and Beauty Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 137 Health and Beauty Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
Table 138 Forecast Sales in Health and Beauty Specialist Retailers by Channel: Value 2021-2026
Table 139 Forecast Sales in Health and Beauty Specialist Retailers by Channel: % Value Growth 2021-2026
HOME AND GARDEN SPECIALIST RETAILERS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Category begins recovery as consumers look to make soft renovations
Store-based growth limited because sales are increasingly completed online
Leading brand Wilcon innovates with various strategies
PROSPECTS AND OPPORTUNITIES
Growth to be hampered by weak consumer spending and higher construction costs
Retailers outside key urban cities are set to grow faster
Urban gardening trend may provide new avenue for category profit
CHANNEL DATA
Table 140 Home and Garden Specialist Retailers: Value Sales, Outlets and Selling Space 2016-2021
Table 141 Home and Garden Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 142 Sales in Home and Garden Specialist Retailers by Channel: Value 2016-2021
Table 143 Sales in Home and Garden Specialist Retailers by Channel: % Value Growth 2016-2021
Table 144 Home and Garden Specialist Retailers GBO Company Shares: % Value 2017-2021
Table 145 Home and Garden Specialist Retailers GBN Brand Shares: % Value 2018-2021
Table 146 Home and Garden Specialist Retailers LBN Brand Shares: Outlets 2018-2021
Table 147 Home and Garden Specialist Retailers LBN Brand Shares: Selling Space 2018-2021
Table 148 Home and Garden Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 149 Home and Garden Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
Table 150 Forecast Sales in Home and Garden Specialist Retailers by Channel: Value 2021-2026
Table 151 Forecast Sales in Home and Garden Specialist Retailers by Channel: % Value Growth 2021-2026
DEPARTMENT STORES IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Stagnant growth observed for department stores in 2021
SM Department Store retains lead by adapting to consumers’ changing needs
Rise of e-commerce sales not capable of preventing overall decline
PROSPECTS AND OPPORTUNITIES
Recovery expected, despite uncertainty about reaching pre-pandemic sales level
Personal shoppers via e-commerce set to drive channel growth as consumers continue to value premium, customised services
Department stores to enhance in-store experience and keep hygiene measures
CHANNEL DATA
Table 152 Department Stores: Value Sales, Outlets and Selling Space 2016-2021
Table 153 Department Stores: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 154 Department Stores GBO Company Shares: % Value 2017-2021
Table 155 Department Stores GBN Brand Shares: % Value 2018-2021
Table 156 Department Stores LBN Brand Shares: Outlets 2018-2021
Table 157 Department Stores LBN Brand Shares: Selling Space 2018-2021
Table 158 Department Stores Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 159 Department Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
VARIETY STORES IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Decline continues as non-essential products and lack of specific focus reduces consumer demand
Pandemic closures lead players to seek new selling formats
Variety stores continue to invest in in-store improvements
PROSPECTS AND OPPORTUNITIES
Slow recovery expected as pandemic continues to hamper sales
Innovations and brand partnerships needed to entice consumers to stores
Expansion boom to be delayed, with players instead set to focus on e-commerce
CHANNEL DATA
Table 160 Variety Stores: Value Sales, Outlets and Selling Space 2016-2021
Table 161 Variety Stores: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 162 Variety Stores GBO Company Shares: % Value 2017-2021
Table 163 Variety Stores GBN Brand Shares: % Value 2018-2021
Table 164 Variety Stores LBN Brand Shares: Outlets 2018-2021
Table 165 Variety Stores LBN Brand Shares: Selling Space 2018-2021
Table 166 Variety Stores Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 167 Variety Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
WAREHOUSE CLUBS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Warehouse clubs value sales observed decline but retains higher value sales than pre-pandemic
Expansion of warehouse clubs driven by S&R Membership Shopping
E-commerce options grow but retain only a niche share of category sales
PROSPECTS AND OPPORTUNITIES
Growth set to be observed in value sales and sites/outlets, with the latter particularly driven by S&R Membership Shopping
Wide variety of international offerings likely to continue to attract higher-income consumers
E-commerce set to grow in relevance as consumers seek convenience
CHANNEL DATA
Table 168 Warehouse Clubs: Value Sales, Outlets and Selling Space 2016-2021
Table 169 Warehouse Clubs: Value Sales, Outlets and Selling Space: % Growth 2016-2021
Table 170 Warehouse Clubs GBO Company Shares: % Value 2017-2021
Table 171 Warehouse Clubs GBN Brand Shares: % Value 2018-2021
Table 172 Warehouse Clubs LBN Brand Shares: Outlets 2018-2021
Table 173 Warehouse Clubs LBN Brand Shares: Selling Space 2018-2021
Table 174 Warehouse Clubs Forecasts: Value Sales, Outlets and Selling Space 2021-2026
Table 175 Warehouse Clubs Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026
DIRECT SELLING IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Direct selling heavily affected as lack of face-to-face interactions hampers sales
Success of companies in pandemic is dependent on product offerings, with health and sports products seeing much greater demand than beauty products
Focus on digital intensifies as COVID-19 drives business online
PROSPECTS AND OPPORTUNITIES
Full recovery expected despite continuation of unauthorised selling problems
Personal relationship will continue to be at the core of direct selling
Local culture will support channel growth as trust remains vital to sales
CHANNEL DATA
Table 176 Direct Selling by Category: Value 2016-2021
Table 177 Direct Selling by Category: % Value Growth 2016-2021
Table 178 Direct Selling GBO Company Shares: % Value 2017-2021
Table 179 Direct Selling GBN Brand Shares: % Value 2018-2021
Table 180 Direct Selling Forecasts by Category: Value 2021-2026
Table 181 Direct Selling Forecasts by Category: % Value Growth 2021-2026
HOMESHOPPING IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Exit of the leading brand O Shopping signifies major difficulties for the channel
Livestream shopping emerges creating strong competition for homeshopping
E-commerce and social media become essential selling platforms
PROSPECTS AND OPPORTUNITIES
Increased competition from e-commerce set to hinder recovery of the category
Declining popularity of TV and cable viewing to be detrimental to channel prospects
Live selling set to become more popular as players turn to social media
CHANNEL DATA
Table 182 Homeshopping by Category: Value 2016-2021
Table 183 Homeshopping by Category: % Value Growth 2016-2021
Table 184 Homeshopping GBO Company Shares: % Value 2017-2021
Table 185 Homeshopping GBN Brand Shares: % Value 2018-2021
Table 186 Homeshopping Forecasts by Category: Value 2021-2026
Table 187 Homeshopping Forecasts by Category: % Value Growth 2021-2026
VENDING IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
RECOVERY AND OPPORTUNITIES
CHANNEL DATA
Table 188 Vending by Category: Value 2016-2021
Table 189 Vending by Category: % Value Growth 2016-2021
Table 190 Vending Forecasts by Category: Value 2021-2026
Table 191 Vending Forecasts by Category: % Value Growth 2021-2026
E-COMMERCE (GOODS) IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
E-commerce sales boom as retailers shift online in pandemic
High e-commerce growth continues to be driven by third party players despite advances in brand websites
Consumers purchase an increasing number of categories through e-commerce, though personal shopper programmes remain popular
PROSPECTS AND OPPORTUNITIES
Growth is set to accelerate given long-term changes consumer behaviour
Shopee’s support of local businesses will help it retain its top position
Omnichannel approach will be the future for most retailers in the Philippines
CHANNEL DATA
Table 192 E-Commerce (Goods) by Channel and Category: Value 2016-2021
Table 193 E-Commerce (Goods) by Channel and Category: % Value Growth 2016-2021
Table 194 E-Commerce (Goods) GBO Company Shares: % Value 2017-2021
Table 195 E-Commerce (Goods) GBN Brand Shares: % Value 2018-2021
Table 196 Forecast E-Commerce (Goods) by Channel and Category: Value 2021-2026
Table 197 Forecast E-Commerce (Goods) by Channel and Category: % Value Growth 2021-2026
MOBILE E-COMMERCE (GOODS) IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Smartphone usage is still increasing despite economic difficulties in the country
Active mobile wallet players also help push e-commerce
Retailers and e-commerce players continue to improve mobile app experience
PROSPECTS AND OPPORTUNITIES
Continuous growth expected as retailers increasingly invest in mobile offerings
Greater investments in digital infrastructure expected to boost mobile e-commerce
5G roll out will support development of mobile e-commerce
CHANNEL DATA
Table 198 Mobile E-Commerce (Goods): Value 2016-2021
Table 199 Mobile E-Commerce (Goods): % Value Growth 2016-2021
Table 200 Mobile E-Commerce (Goods) Forecasts: Value 2021-2026
Table 201 Mobile E-Commerce (Goods) Forecasts: % Value Growth 2021-2026
FOOD AND DRINK E-COMMERCE IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Online grocery continues to grow despite more relaxed restrictions
E-commerce websites observe high growth as consumers prove willing to try new online concepts
New players penetrate online space to capitalise on rapidly growing demand
PROSPECTS AND OPPORTUNITIES
Promising growth thanks to convenience and variety of options
Online grocery purchases to be aided by partnerships with Shopee and Lazada
Facebook Marketplace to increasingly challenge more traditional channels for category share
CHANNEL DATA
Table 202 Food and Drink E-Commerce: Value 2016-2021
Table 203 Food and Drink E-Commerce: % Value Growth 2016-2021
Table 204 Food and Drink E-Commerce Forecasts: Value 2021-2026
Table 205 Food and Drink E-Commerce Forecasts: % Value Growth 2021-2026
