| Product Code: ETC10274593 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The Philippines` readymade garments import market in 2024 continued to see diverse sources, with China, Cambodia, Bangladesh, Pakistan, and Vietnam emerging as the top exporting countries. Despite the variety of sources, the market showed low concentration with a low Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 45.32% from 2020-2024 indicates strong demand and market expansion. Furthermore, the growth rate of 8.71% from 2023-2024 suggests sustained momentum in the sector. These trends highlight the resilience and attractiveness of the Philippines` readymade garments import 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 Readymade Garments Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Readymade Garments Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Readymade Garments Market - Industry Life Cycle |
3.4 Philippines Readymade Garments Market - Porter's Five Forces |
3.5 Philippines Readymade Garments Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Readymade Garments Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Philippines Readymade Garments Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.8 Philippines Readymade Garments Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 Philippines Readymade Garments Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
4 Philippines Readymade Garments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Readymade Garments Market Trends |
6 Philippines Readymade Garments Market, By Types |
6.1 Philippines Readymade Garments Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Readymade Garments Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Readymade Garments Market Revenues & Volume, By Formal Wear, 2021 - 2031F |
6.1.4 Philippines Readymade Garments Market Revenues & Volume, By Casual Wear, 2021 - 2031F |
6.1.5 Philippines Readymade Garments Market Revenues & Volume, By Sportswear, 2021 - 2031F |
6.1.6 Philippines Readymade Garments Market Revenues & Volume, By Ethnic Wear, 2021 - 2031F |
6.1.7 Philippines Readymade Garments Market Revenues & Volume, By Kidswear, 2021 - 2031F |
6.2 Philippines Readymade Garments Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Philippines Readymade Garments Market Revenues & Volume, By Cotton, 2021 - 2031F |
6.2.3 Philippines Readymade Garments Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.2.4 Philippines Readymade Garments Market Revenues & Volume, By Spandex, 2021 - 2031F |
6.2.5 Philippines Readymade Garments Market Revenues & Volume, By Silk, 2021 - 2031F |
6.2.6 Philippines Readymade Garments Market Revenues & Volume, By Wool, 2021 - 2031F |
6.3 Philippines Readymade Garments Market, By Age Group |
6.3.1 Overview and Analysis |
6.3.2 Philippines Readymade Garments Market Revenues & Volume, By Adults, 2021 - 2031F |
6.3.3 Philippines Readymade Garments Market Revenues & Volume, By Teenagers, 2021 - 2031F |
6.3.4 Philippines Readymade Garments Market Revenues & Volume, By Young Adults, 2021 - 2031F |
6.3.5 Philippines Readymade Garments Market Revenues & Volume, By All Ages, 2021 - 2031F |
6.3.6 Philippines Readymade Garments Market Revenues & Volume, By Children, 2021 - 2031F |
6.4 Philippines Readymade Garments Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Philippines Readymade Garments Market Revenues & Volume, By Department Stores, 2021 - 2031F |
6.4.3 Philippines Readymade Garments Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4.4 Philippines Readymade Garments Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.4.5 Philippines Readymade Garments Market Revenues & Volume, By Boutiques, 2021 - 2031F |
6.4.6 Philippines Readymade Garments Market Revenues & Volume, By Hypermarkets, 2021 - 2031F |
6.5 Philippines Readymade Garments Market, By Price Range |
6.5.1 Overview and Analysis |
6.5.2 Philippines Readymade Garments Market Revenues & Volume, By Mid-Range, 2021 - 2031F |
6.5.3 Philippines Readymade Garments Market Revenues & Volume, By Affordable, 2021 - 2031F |
6.5.4 Philippines Readymade Garments Market Revenues & Volume, By Premium, 2021 - 2031F |
6.5.5 Philippines Readymade Garments Market Revenues & Volume, By Luxury, 2021 - 2031F |
6.5.6 Philippines Readymade Garments Market Revenues & Volume, By Budget, 2021 - 2031F |
7 Philippines Readymade Garments Market Import-Export Trade Statistics |
7.1 Philippines Readymade Garments Market Export to Major Countries |
7.2 Philippines Readymade Garments Market Imports from Major Countries |
8 Philippines Readymade Garments Market Key Performance Indicators |
9 Philippines Readymade Garments Market - Opportunity Assessment |
9.1 Philippines Readymade Garments Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Readymade Garments Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Philippines Readymade Garments Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.4 Philippines Readymade Garments Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.5 Philippines Readymade Garments Market Opportunity Assessment, By Price Range, 2021 & 2031F |
10 Philippines Readymade Garments Market - Competitive Landscape |
10.1 Philippines Readymade Garments Market Revenue Share, By Companies, 2024 |
10.2 Philippines Readymade Garments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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