PROSPECTS AND OPPORTUNITIES
Supermarkets will continue to expand
Despite the rapid growth of e-commerce, the majority of Filipinos still prefer to shop at physical supermarkets to choose their products in person. As such, major players such as Puregold, Robinsons and SM Retail are expected to expand their respective footprints over the forecast period, with a particular focus on territories beyond Luzon.
Omnichannel visibility will become the new normal
Consumers are increasingly seeking convenience when they shop for grocery items, which will result in retail e-commerce becoming the norm in the coming years. Following the development of the omnichannel operations of players such as SM Retail, Puregold and Robinsons, which have integrated their bricks-and-mortar stores with mobile app-based options, smaller players operating in the supermarket space are also likely to seek to grow their digital capabilities.
Further consolidation is likely
At present, large retail players dominate the supermarket landscape. Puregold’s 2023 acquisition of DiviMart not only cemented the consolidation of grocery retailing but also set the stage for further acquisitions.
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Overview:
Understand the latest market trends and future growth opportunities for the Supermarkets 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 Supermarkets 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 Supermarkets 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 Supermarkets in Philippines?
- Which are the leading retailers in Supermarkets in Philippines?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Supermarkets in the Philippines - Category analysis
KEY DATA FINDINGS
Supermarkets reap benefits of increased mobility
Sustainability takes centre stage
Technological advancements create seamless shopping experience
Supermarkets will continue to expand
Omnichannel visibility will become the new normal
Further consolidation is likely
Retail in the Philippines - Industry Overview
Retail in 2024: The big picture
SM Retail maintained its dominance
Ongoing digitalisation of retail channels and payment methods
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas Season
Back to School
DISCLAIMER
Supermarkets
Supermarkets are chained or independent retail outlets with a selling space of between 400 and 2,500 square metres and with a primary focus on selling food/beverages/tobacco and other groceries. Supermarkets may also sell a selection of non-groceries, but the product mix is skewed towards grocery items. Example brands include Casino, Kroger, and Tesco. Exception: In some markets, primarily the US, Australia and Hong Kong, there are grocery retailer brands that operate outlets with a selling space of over 2,500 square metres, but offer only a very limited range of non-grocery merchandise or none at all. These brands are included in Supermarkets.
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 Supermarkets research and analysis database.
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