Product Code: ETC8842184 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The gifts retailing market in the Philippines is thriving due to the strong culture of gift-giving for various occasions such as birthdays, weddings, and holidays. Online and offline retail channels are expanding their product offerings to cater to diverse consumer preferences. Personalization and customization trends are gaining popularity, enhancing customer engagement. However, economic uncertainties and fluctuating consumer spending may impact sales growth.
The expanding retail sector and increasing consumer spending on gifts for various occasions are driving the gifts retailing market in the Philippines. The rise of online shopping platforms and the availability of a wide range of gifting options are further fueling market growth. Businesses are investing in personalized and experiential gifting solutions to attract more customers. Additionally, seasonal trends, such as holiday sales and promotional campaigns, are boosting revenue in the gift retailing industry.
The gifts retailing market in the Philippines faces competition from online marketplaces and international e-commerce platforms, which offer a wider selection and competitive pricing. Changing consumer preferences towards experiential gifts and digital gifting further reduce the demand for physical gift items. Additionally, high rental costs for brick-and-mortar stores limit profit margins for small retailers. The market also struggles with supply chain disruptions, affecting inventory levels and product availability.
The evolving consumer preferences for personalized and experience-based gifting are driving growth in the gifts retailing market. Investment opportunities exist in specialty gift shops, subscription-based gifting services, and e-commerce platforms offering curated gifting solutions. Collaborations with local artisans and sustainable product lines can provide a competitive edge.
The government supports the growth of the gift retailing industry through SME programs, tax incentives, and trade fairs. Consumer protection laws ensure product quality and fair pricing. E-commerce regulations are being strengthened to support online gift retailing businesses.
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 Gifts Retailing Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Gifts Retailing Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Gifts Retailing Market - Industry Life Cycle |
3.4 Philippines Gifts Retailing Market - Porter's Five Forces |
3.5 Philippines Gifts Retailing Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.6 Philippines Gifts Retailing Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Philippines Gifts Retailing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Gifts Retailing Market Trends |
6 Philippines Gifts Retailing Market, By Types |
6.1 Philippines Gifts Retailing Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Philippines Gifts Retailing Market Revenues & Volume, By Distribution Channel, 2021- 2031F |
6.1.3 Philippines Gifts Retailing Market Revenues & Volume, By Offline, 2021- 2031F |
6.1.4 Philippines Gifts Retailing Market Revenues & Volume, By Online, 2021- 2031F |
6.2 Philippines Gifts Retailing Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Philippines Gifts Retailing Market Revenues & Volume, By Souvenirs and novelty items, 2021- 2031F |
6.2.3 Philippines Gifts Retailing Market Revenues & Volume, By Seasonal decorations, 2021- 2031F |
6.2.4 Philippines Gifts Retailing Market Revenues & Volume, By Greeting cards, 2021- 2031F |
6.2.5 Philippines Gifts Retailing Market Revenues & Volume, By Giftware, 2021- 2031F |
6.2.6 Philippines Gifts Retailing Market Revenues & Volume, By Other gift items, 2021- 2031F |
7 Philippines Gifts Retailing Market Import-Export Trade Statistics |
7.1 Philippines Gifts Retailing Market Export to Major Countries |
7.2 Philippines Gifts Retailing Market Imports from Major Countries |
8 Philippines Gifts Retailing Market Key Performance Indicators |
9 Philippines Gifts Retailing Market - Opportunity Assessment |
9.1 Philippines Gifts Retailing Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.2 Philippines Gifts Retailing Market Opportunity Assessment, By Product, 2021 & 2031F |
10 Philippines Gifts Retailing Market - Competitive Landscape |
10.1 Philippines Gifts Retailing Market Revenue Share, By Companies, 2024 |
10.2 Philippines Gifts Retailing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |