PROSPECTS AND OPPORTUNITIES
Ongoing popularity of milk tea and grab-and-go coffee kiosk format will fuel further growth
Street stalls/kiosks is set to see healthy current value growth over the forecast period, albeit at a declining rate, in line with the normalisation of consumer purchasing behaviour. Sales will mainly be driven by milk tea shops, given the popularity of this beverage among Filipinos.
Players will build their digital presence
Establishing and maintaining a digital presence will become increasingly important for street stalls/kiosks in Philippines during the coming years, as operators attempt adapt to consumers’ increasingly busy and technological lives. This will be especially the case for chained outlets, which are more likely to invest in digital tools for managing digital orders and payments, although The Bangko Sentral ng Pilipinas, with help from local government units, is working to encourage independent traders to adopt cashless transactions.
Franchising will continue to propel the category
Several key street stalls/kiosk chains in the Philippines have made use of a franchising model to help expand their respective businesses. Indeed, franchising has emerged as a reputable source of income in the country, allowing Filipinos to invest in a tried and tested brand, rather than creating a new concept.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Street Stalls/Kiosks industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Street Stalls/Kiosks industry in Philippines, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Street Stalls/Kiosks in Philippines report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Street Stalls/Kiosks in Philippines?
- Which are the leading brands in Street Stalls/Kiosks in Philippines?
- How are multinational and local operators competing and expanding in Philippines?
- How are consumer lifestyle trends and eating habits shaping Street Stalls/Kiosks in Philippines?
- How is the Street Stalls/Kiosks industry adapting to a post-COVID-19 market environment? Where are the opportunities amidst the challenges?
- How significant are health considerations in shaping the future of Street Stalls/Kiosks in Philippines? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Street Stalls/Kiosks in the Philippines - Category analysis
KEY DATA FINDINGS
Recovery driven by return of foot traffic and expansion into channels
On-the-go coffee satisfies consumer need for affordability and convenience
Milk tea and frozen yoghurt are popular staples
Ongoing popularity of milk tea and grab-and-go coffee kiosk format will fuel further growth
Players will build their digital presence
Franchising will continue to propel the category
Consumer Foodservice in the Philippines - Industry Overview
Consumer foodservice in 2023: The big picture
2023 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
DISCLAIMER
The following categories and subcategories are included:
Street Stalls/Kiosks
- Chained Street Stalls/Kiosks
- Independent Street Stalls/Kiosks
Street Stalls/Kiosks
Small, sometimes mobile, foodservice providers characterised by a limited product offering and by low prices. Includes street stalls, street hawkers and foodservice kiosks where food is prepared in some way and served through a hatch or over a display counter to take away. Also includes kiosks and carts located externally or internally eg in shopping malls etc. As a rule, street stalls/kiosks outlets tend to be smaller than 100% home delivery/takeaway outlets, while menus are more limited, often (though certainly not always) with a greater emphasis on snack items, rather than full meals.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Street Stalls/Kiosks research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!