Market Forecast By Type (Non-Durable Goods Merchant Wholesalers, Wholesale Electronic Markets And Agents And Brokers, Durable Goods Merchant Wholesalers), By Ownership (Wholesale/Distribution Chain, Independent Wholesalers) And Competitive Landscape
Product Code: ETC035329 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Philippines Wholesale Market |
Forecast period | 2025-2031 |
CAGR | 4.89% |
Growing Sector | Food & Beverage and Construction and Building |
Philippines Wholesale Market report thoroughly covers the market by type and by ownership. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Philippines Wholesale Market is expected to grow tremendously. The growth in the sector can be attributed to the increasing demand for domestic goods such as food, clothing, and household products, which has been further spurred by rising incomes and urbanization among consumers. Moreover, government initiatives like strengthening transport infrastructure coupled with favorable policies supporting businesses are further bolstering the Philippines Wholesale Market Growth.
According to 6Wresearch, the Philippines Wholesale Market size is projected to record enormous growth, growing at a CAGR of 4.89% during the forecast period of 2025-2031. One of the factors driving the growth of the Philippines wholesale industry is the country's rapidly growing population and expanding middle class. This is driving demand for both domestic consumption and exports as well. Another driving factor is the government's commitment to creating a friendly business environment. This has resulted in various programs and initiatives aimed at promoting investments in the country. The shift in consumer buying behavior in the Philippines has driven wholesalers to develop new and innovative ways to reach their target market. However, logistics infrastructure in the country is underdeveloped compared to some of its neighbors, leading to higher transportation and warehousing costs. In addition, the market is highly fragmented, which can make it difficult for companies to enter the market and compete effectively. Despite the challenges, the Philippine Wholesale Market presents a plethora of opportunities. Philippine exporters can create competitive pricing strategies for wholesalers from other countries looking to stock their warehouses. The growing demand for organic and natural products continues to create new opportunities for wholesalers in the Philippines. Additionally, the rising popularity of sustainable products has also created opportunities for wholesalers that cater to green or eco-friendly products.
In recent years, the government has implemented various policies and schemes that positively impact the Wholesale Market. One of the significant policies is the Republic Act 11511 or the Fresh Food Act, aimed to improve the quality, safety, and traceability of fresh agricultural products. The law requires all business entities engaged in the distribution of fresh agricultural products to register with the Department of Agriculture and adhere to specific guidelines. Moreover, the government initiates a program called Kadiwa ni Ani at Kita, which aims to provide farmers and consumers with a direct market linkage, thus making farm products affordable for consumers and sustainable livelihood to farmers.
The Philippines Wholesale Market has several players, including suppliers, manufacturers, and retailers. One of the significant players in the wholesale market is the Philippine Amalgamated Supermarkets Association (PAGASA) – a group of supermarkets, convenience stores, and other retail outlets. PAGASA works towards improving the bargaining power of retailers and suppliers while ensuring that consumers get quality products at affordable prices. Another key player in the Philippine Wholesale Market is the Philippine Retailers Association (PRA), which is a non-profit organization dedicated to promoting and supporting the retail industry.
The Wholesale Market plays a significant role in the development of the Philippine economy, and it is essential to ensure its sustainability and growth. One potential opportunity for the Wholesale Market is digitalization. Farmers and wholesalers can leverage technology to increase their reach and boost transparency in transactions. Moreover, innovative supply chain management solutions can ensure the quality and freshness of products and their timely delivery to retailers. Another opportunity is for the government to provide better support and infrastructure, such as accessibility to modern cold chain facilities, warehouses, and alternative logistics to improve the efficiency of the market.
According to Sachin, Senior Research Analyst, 6Wresearch, the Non-Durable Goods Merchant Wholesalers segment is currently dominating the Philippines Wholesale Market Share due to the high demand for fast-moving consumer goods and the growth of the food and beverage industry.
Based on ownership, the independent wholesalers have been experiencing a growth in their share of the market recently. In general, independent wholesalers have been able to gain a foothold by catering to specific niches and providing customized solutions to its clients.
The report offers a comprehensive study of the subsequent market segments:
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 Wholesale Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Wholesale Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Wholesale Market - Industry Life Cycle |
3.4 Philippines Wholesale Market - Porter's Five Forces |
3.5 Philippines Wholesale Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Wholesale Market Revenues & Volume Share, By Ownership, 2021 & 2031F |
4 Philippines Wholesale Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Wholesale Market Trends |
6 Philippines Wholesale Market, By Types |
6.1 Philippines Wholesale Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Wholesale Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Wholesale Market Revenues & Volume, By Non-Durable Goods Merchant Wholesalers, 2021-2031F |
6.1.4 Philippines Wholesale Market Revenues & Volume, By Wholesale Electronic Markets And Agents And Brokers, 2021-2031F |
6.1.5 Philippines Wholesale Market Revenues & Volume, By Durable Goods Merchant Wholesalers, 2021-2031F |
6.2 Philippines Wholesale Market, By Ownership |
6.2.1 Overview and Analysis |
6.2.2 Philippines Wholesale Market Revenues & Volume, By Wholesale/Distribution Chain, 2021-2031F |
6.2.3 Philippines Wholesale Market Revenues & Volume, By Independent Wholesalers, 2021-2031F |
7 Philippines Wholesale Market Import-Export Trade Statistics |
7.1 Philippines Wholesale Market Export to Major Countries |
7.2 Philippines Wholesale Market Imports from Major Countries |
8 Philippines Wholesale Market Key Performance Indicators |
9 Philippines Wholesale Market - Opportunity Assessment |
9.1 Philippines Wholesale Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Wholesale Market Opportunity Assessment, By Ownership, 2021 & 2031F |
10 Philippines Wholesale Market - Competitive Landscape |
10.1 Philippines Wholesale Market Revenue Share, By Companies, 2024 |
10.2 Philippines Wholesale Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |