Electricals Retailing in the Philippines, Market Shares, Summary & Forecasts to 2021
Electricals Retailing in the Philippines, Market Shares, Summary & Forecasts to 2021, provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to the Philippines retail environment. In addition, it analyzes the key consumer trends influencing Philippines electricals retail market.
The electricals sector in the Philippines grew at a CAGR of 11.7% during 2011-2016 and was valued at ₱340 billion in 2016. The sector is estimated to witness the fastest growth rate of 10.9% during 2016-2021 to reach ₱571.3 billion by 2021.Electrical and electronics specialists is the dominant distribution channel and accounted for a market share of 68.2% in 2016, however, it is estimated to decline to 62.8% by 2021. In growth terms, online is forecast to witness the fastest growth with a CAGR of 23.7% during 2016-2021.
What else does this report offer?
- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
- The report also details major retailers in electricals category group with their product proposition analysis and market positioning in 2016 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories in electricals sector
- Qualitative and quantitative insights of changing retail dynamics in electricals sector
Reasons to buy
- Sector to continue recording strong growth through to 2021
- Online channel set to register healthy growth
- Local retailers dominate the electricals sector
- Gain a comprehensive knowledge on electricals sector in Philippines retail market and develop a competitive advantage from the start of your supply chain
- Investigate current and forecast behavior trends in electricals category to identify the best opportunities to exploit
- Analysis of key international and domestic players operating in the electricals market
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the electricals market.
- Key findings
- The State of the Nation
- The State of Retail