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Experiential Luxury in the Philippines

Publisher Euromonitor International
Published Aug 04, 2022
Length 17 Pages
SKU # EP17340319

Description

Experiential Luxury in the Philippines

Experiential luxury, driven by luxury hotels in the Philippines, is set to make a full and strong recovery in current value sales terms in 2022 with double-digit growth. This follows triple-digit value growth the previous year following the drastic downturn in sales during 2020 as a direct result of the pandemic, which limited inbound travel and resulted in home seclusion as the government attempted to control the spread of the virus. Prior to the outbreak of COVID-19, the category was experienc...

Euromonitor International's Experiential Luxury in Philippines report offers a comprehensive guide to the size and shape of the Experiential Luxury market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Experiential Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2026 illustrate how the market is set to change

Product coverage: Luxury Foodservice, Luxury Hotels.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Experiential Luxury 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.

Table of Contents

17 Pages
Experiential Luxury in the Philippines
Euromonitor International
August 2022
List Of Contents And Tables
EXPERIENTIAL LUXURY IN THE PHILIPPINES
KEY DATA FINDINGS
2022 DEVELOPMENTS
Domestic consumers boost growth through luxury hotels
Resumption of hotel openings
Staycations are part of “new normal” in 2022
PROSPECTS AND OPPORTUNITIES
Return of overseas tourists to support further growth
Drop in exchange rate to help support international tourist spending and domestic purchases
Health and safety concerns to shift demand to luxury hotels
CATEGORY DATA
Table 1 Sales of Experiential Luxury by Category: Value 2017-2022
Table 2 Sales of Experiential Luxury by Category: % Value Growth 2017-2022
Table 3 NBO Company Shares of Experiential Luxury: % Value 2017-2021
Table 4 LBN Brand Shares of Experiential Luxury: % Value 2018-2021
Table 5 Forecast Sales of Experiential Luxury by Category: Value 2022-2027
Table 6 Forecast Sales of Experiential Luxury by Category: % Value Growth 2022-2027
LUXURY GOODS IN THE PHILIPPINES
EXECUTIVE SUMMARY
Luxury goods in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 7 Sales of Luxury Goods by Category: Value 2017-2022
Table 8 Sales of Luxury Goods by Category: % Value Growth 2017-2022
Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2017-2022
Table 10 NBO Company Shares of Luxury Goods: % Value 2017-2021
Table 11 LBN Brand Shares of Luxury Goods: % Value 2018-2021
Table 12 Distribution of Luxury Goods by Format and Category: % Value 2022
Table 13 Forecast Sales of Luxury Goods by Category: Value 2022-2027
Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources

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