Apparel Retail in Philippines

August 2024 | 46 pages | ID: A545A62F91BEN
MarketLine

Abstracts

Apparel Retail in Philippines

Summary

Apparel Retail in Philippines industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 apparel retail market is segmented into childrenswear, menswear, and womenswear. The market value represents retail sales.
• The Filipino apparel retail industry recorded revenues of $5.9 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.2% between 2018 and 2023.
• The womenswear segment accounted for the industry's largest proportion in 2023, with total revenues of $3.1 billion, equivalent to 53.1% of the industry's overall value.
• The apparel retail industry in the Philippines faced a significant contraction in 2023, primarily driven by rising inflation and economic instability. Inflation in the country surged to 6.0% in 2023, according to the Philippine Statistics Authority, eroding consumers' purchasing power and leading to reduced spending on non-essential goods like clothing.

Scope

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

Reasons to Buy

• What was the size of the Philippines apparel retail market by value in 2023?
• What will be the size of the Philippines apparel retail market in 2028?
• What factors are affecting the strength of competition in the Philippines apparel retail market?
• How has the market performed over the last five years?
• Who are the top competitors in Philippines's apparel retail market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?

8 COMPANY PROFILES

8.1. Fast Retailing Co Ltd
8.2. SM Investments Corp
8.3. Robinsons Retail Holdings Inc

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Philippines apparel retail industry value: $ million, 2018-23
Table 2: Philippines apparel retail industry category segmentation: % share, by value, 2018-23
Table 3: Philippines apparel retail industry category segmentation: $ million, 2018-23
Table 4: Philippines apparel retail industry geography segmentation: $ million, 2023
Table 5: Philippines apparel retail industry distribution: % share, by value, 2023
Table 6: Philippines apparel retail industry value forecast: $ million, 2023-28
Table 7: Fast Retailing Co Ltd: key facts
Table 8: Fast Retailing Co Ltd: Annual Financial Ratios
Table 9: Fast Retailing Co Ltd: Key Employees
Table 10: Fast Retailing Co Ltd: Key Employees Continued
Table 11: Fast Retailing Co Ltd: Key Employees Continued
Table 12: SM Investments Corp: key facts
Table 13: SM Investments Corp: Annual Financial Ratios
Table 14: SM Investments Corp: Key Employees
Table 15: Ant Plc (Inactive): key facts
Table 16: Robinsons Retail Holdings Inc: key facts
Table 17: Robinsons Retail Holdings Inc: Annual Financial Ratios
Table 18: Robinsons Retail Holdings Inc: Key Employees
Table 19: Robinsons Retail Holdings Inc: Key Employees Continued
Table 20: Philippines Size of Population (million), 2019-23
Table 21: Philippines real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 22: Philippines GDP (Current Prices, $ Billion), 2019-23
Table 23: Philippines Inflation, 2019-23
Table 24: Philippines Consumer Price Index (Absolute), 2019-23
Table 25: Philippines exchange rate, 2018-23

List Of Figures

LIST OF FIGURES

Figure 1: Philippines apparel retail industry value: $ million, 2018-23
Figure 2: Philippines apparel retail industry category segmentation: $ million, 2018-23
Figure 3: Philippines apparel retail industry geography segmentation: % share, by value, 2023
Figure 4: Philippines apparel retail industry distribution: % share, by value, 2023
Figure 5: Philippines apparel retail industry value forecast: $ million, 2023-28
Figure 6: Forces driving competition in the apparel retail industry in Philippines, 2023
Figure 7: Drivers of buyer power in the apparel retail industry in Philippines, 2023
Figure 8: Drivers of supplier power in the apparel retail industry in Philippines, 2023
Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in Philippines, 2023
Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in Philippines, 2023
Figure 11: Drivers of degree of rivalry in the apparel retail industry in Philippines, 2023