Market Forecast By Product Type (Souvenirs and Novelty Items, Seasonal Decorations, Greeting Cards, Giftware, Other), By Distribution Channel (Online, Offline) And Competitive Landscape
Product Code: ETC043149 | Publication Date: Jul 2023 | Updated Date: Jul 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
According to 6Wresearch internal database and industry insights, the Philippines Gift Retailing Market is projected to grow at a CAGR of approximately 7% from 2025–2031, increasing from around USD 2.1 billion in 2024 to roughly USD 3.3 billion by 2031.
Report Name | Philippines Gift Retailing Market |
Forecast Period | 2025-2031 |
Market Size | USD 3.3 billion by 2031 |
CAGR | 7% |
Growing Sector | Giftware & Novelty Items |
The Philippines Gift Retailing Market report comprehensively covers the market by product type, distribution channels. The report provides an unbiased and insightful analysis of current market trends, growth opportunities, challenges, and key drivers. It serves as a valuable resource for stakeholders to align their strategies with evolving market dynamics.
The Philippines gift retailing market is driven by increasing consumer spending on special occasions like birthdays, weddings, and holidays. Rising disposable income, urbanisation, and digital adoption especially among younger consumers are boosting demand for souvenirs, seasonal decorations, greeting cards, and personalised giftware. Shoppers increasingly favour customisable and meaningful gifting experiences. Government initiatives such as SME support programs, trade expos, and tax incentives have also enabled small retailers to expand their presence. Despite economic uncertainty and growing digital competition, the market continues to thrive through diverse product offerings and strong integration between offline and online retail channels.
The Philippines Gift Retailing Market size is expected to grow at a significant CAGR of 7% during the forecast period 2025–2031. Key drivers of the Philippines gift retailing market include rising disposable incomes and an expanding gifting culture among younger consumers. The increasing demand for customisable, occasion-based gifts continues to accelerate growth. Improved access through digital channels and e-commerce platforms enhances consumer convenience. Government initiatives, including trade fairs, SME incentives, and retail promotion schemes, are helping retailers expand their footprint. The Philippines Gift Retailing Market Growth is further supported by innovation in product assortments and the emergence of retail formats focused on speed, accessibility, and personalisation.
The Philippines Gift Retailing Industry encounters several challenges, including economic instability and inflation, which impact consumer discretionary spending. Intense competition from digital platforms and informal gifting channels reduces organised market share. Supply chain inefficiencies and reliance on imports restrict product variety and price competitiveness. Ensuring quality control across a broad range of gift categories remains a significant operational concern. Additionally, the industry must navigate evolving compliance requirements related to product safety and consumer protection, which increases regulatory pressure and operational complexity.
A major trend in the Philippines gift retailing market is the swift adoption of e-commerce, with digital platforms offering wider access to gifts through secure, user-friendly interfaces and competitive deals. Another key trend is the rising preference for personalised and customised gifts, as consumers increasingly opt for tailored souvenirs, greeting cards, and unique giftware that reflect individual tastes. To meet these evolving expectations, retailers are integrating online ordering with offline fulfilment, creating seamless, cross-channel experiences that enhance customer satisfaction and engagement.
Investment prospects in the Philippines gift retailing market lie in strengthening digital commerce through improved e-commerce platforms, mobile-friendly interfaces, and seamless payment integration to reach untapped audiences. There is growing potential in personalization technologies and tailored gifting services. Additionally, upgrading physical retail spaces including pop-up shops and specialty gift stores alongside enhancing logistics and warehousing infrastructure can boost operational efficiency. With rising seasonal demand, investments in robust delivery systems and fulfilment networks are crucial to meeting consumer expectations and ensuring timely service.
Key players in the Philippines gift retailing market include The SM Store, Robinsons Retail, Puregold Price Club, and major e-commerce platforms like Lazada and Shopee—each contributing notably to the overall Philippines Gift Retailing Market Share. These companies strengthen their positions through extensive retail networks, seamless online-offline integration, and curated private label gift collections. Strategic collaborations with financial institutions and corporate gifting programs further enhance their reach and customer engagement, allowing them to cater to a broad demographic and adapt quickly to evolving market preferences.
The Philippine government actively supports the gift retailing sector through various initiatives led by agencies like the Department of Trade and Industry (DTI) and the Centre for International Trade Expositions and Missions (CITEM). Programs such as SME development support, tax incentives, and government-hosted trade fairs aim to empower small retailers and encourage product innovation. Regulations on consumer protection ensure quality standards, fair pricing, and transparency. Enhanced e-commerce laws further build trust in digital transactions. Events like the Manila F.A.M.E. International promote local craftsmanship and gift exports, helping drive sustainable growth within the gifting sector.
The Philippines Gift Retailing Market industry is set to advance through increased digital integration and enhanced personalization. AI-powered recommendations, custom gift options, and occasion-focused platforms will boost consumer interaction. Partnerships with corporate incentive programs are expected to grow, while sustainability will shape packaging and sourcing practices. Key challenges include handling seasonal demand fluctuations and balancing imports with local production. Supported by rising incomes, expanding digital use, and favourable government policies, the gifting market is positioned for strong growth through 2031.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Guneet Kaur, Senior Research Analyst, 6Wresearch, giftware is the fastest-growing segment due to its broad appeal for personalized and customizable gifts. Its versatility and rising consumer preference for unique, meaningful presents drive its expanding popularity across occasions.
The online distribution channel is rapidly growing as consumers increasingly prefer the convenience, variety, and accessibility of digital platforms. E-commerce marketplaces and mobile apps enable seamless purchasing experiences, boosting sales and broadening customer reach in the gift retailing market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Gift Retailing Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Gift Retailing Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Gift Retailing Market - Industry Life Cycle |
3.4 Philippines Gift Retailing Market - Porter's Five Forces |
3.5 Philippines Gift Retailing Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Gift Retailing Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Gift Retailing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Gift Retailing Market Trends |
6 Philippines Gift Retailing Market, By Types |
6.1 Philippines Gift Retailing Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Gift Retailing Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Gift Retailing Market Revenues & Volume, By Souvenirs and Novelty Items, 2021-2031F |
6.1.4 Philippines Gift Retailing Market Revenues & Volume, By Seasonal Decorations, 2021-2031F |
6.1.5 Philippines Gift Retailing Market Revenues & Volume, By Greeting Cards, 2021-2031F |
6.1.6 Philippines Gift Retailing Market Revenues & Volume, By Giftware , 2021-2031F |
6.1.7 Philippines Gift Retailing Market Revenues & Volume, By Other , 2021-2031F |
6.2 Philippines Gift Retailing Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Gift Retailing Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 Philippines Gift Retailing Market Revenues & Volume, By Offline, 2021-2031F |
7 Philippines Gift Retailing Market Import-Export Trade Statistics |
7.1 Philippines Gift Retailing Market Export to Major Countries |
7.2 Philippines Gift Retailing Market Imports from Major Countries |
8 Philippines Gift Retailing Market Key Performance Indicators |
9 Philippines Gift Retailing Market - Opportunity Assessment |
9.1 Philippines Gift Retailing Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Gift Retailing Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Gift Retailing Market - Competitive Landscape |
10.1 Philippines Gift Retailing Market Revenue Share, By Companies, 2024 |
10.2 Philippines Gift Retailing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |