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Personal Luxury in the Philippines

Publisher Euromonitor International
Published Aug 04, 2022
Length 21 Pages
SKU # EP17340322

Description

Personal Luxury in the Philippines

Following the significant declines in sales of premium and luxury cars in the Philippines in 2020 in line with pandemic-induced restrictions such as enforced closures of dealerships, some easing of various measures in 2021 resulted in a more positive performance for the category, although overall demand remained well below pre-pandemic levels. While volume and value sales figures are still struggling to fully recover in 2022, a second consecutive year of double-digit growth is bringing overall d...

Euromonitor International's Personal Luxury in Philippines report offers a comprehensive guide to the size and shape of the Personal 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 Personal Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2026 illustrate how the market is set to change

Product coverage: Designer Apparel and Footwear (Ready-to-Wear), Luxury Eyewear, Luxury Jewellery, Luxury Leather Goods, Luxury Timepieces, Luxury Wearables Electronics, Luxury Writing Instruments and Stationery, Super Premium Beauty and Personal Care.

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

Why buy this report?
* Get a detailed picture of the Personal 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

21 Pages
Personal Luxury in the Philippines
Euromonitor International
August 2022
List Of Contents And Tables
PERSONAL LUXURY IN THE PHILIPPINES
KEY DATA FINDINGS
2022 DEVELOPMENTS
Designer apparel and footwear trends towards expensive but staple pieces
Luxury eyewear sees demand for more expensive durable frames
Luxury jewellery growth supported by resumption of formal events and celebrations
Resurgence of social gatherings and hybrid work support luxury leather goods
Dynamic niche of luxury wearables with new products entering the electronics space
Luxury timepieces perceived as an investment by local affluent consumers
Luxury writing instruments and stationery growth stems from gifting opportunities
E-commerce supports growth of super premium beauty and personal care
PROSPECTS AND OPPORTUNITIES
Disruptions in digital technology to continue for personal luxury
Sustainability could become strong focus for consumers in the future
Unbranded smaller players have potential to gain share
CATEGORY DATA
Table 1 Sales of Personal Luxury by Category: Value 2017-2022
Table 2 Sales of Personal Luxury by Category: % Value Growth 2017-2022
Table 3 NBO Company Shares of Personal Luxury: % Value 2017-2021
Table 4 LBN Brand Shares of Personal Luxury: % Value 2018-2021
Table 5 Distribution of Personal Luxury by Format: % Value 2017-2022
Table 6 Forecast Sales of Personal Luxury by Category: Value 2022-2027
Table 7 Forecast Sales of Personal 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 8 Sales of Luxury Goods by Category: Value 2017-2022
Table 9 Sales of Luxury Goods by Category: % Value Growth 2017-2022
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2017-2022
Table 11 NBO Company Shares of Luxury Goods: % Value 2017-2021
Table 12 LBN Brand Shares of Luxury Goods: % Value 2018-2021
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2022
Table 14 Forecast Sales of Luxury Goods by Category: Value 2022-2027
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources

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