The home and garden industry in the Philippines experienced growth in 2023, despite inflationary pressures, as there was an increase in disposable income and higher employment rates. This provided consumers with more spending power, driving demand for home and garden products.
In 2023, key trends emerged in the home and garden market in the Philippines, driving significant growth and shaping consumer preferences. The adoption of LED lamps soared, spurred by urbanisation and infrastructure projects, which heightened the demand for sustainable lighting solutions.
In the competitive landscape of the home and garden market in the Philippines, Home World and Ramgo, stand out as leading brands, each experiencing notable growth in their respective categories.
In the Philippines, the home and garden industry is witnessing a transformation in retail channels, driven by the rapid growth of e-commerce platforms and the emergence of social media as a powerful marketing channel. Retailers are leveraging social media platforms to engage with a broader audience, promoting homewares items effectively and driving quick sales due to consumer trust in online platforms.
In the forecast period, the home and garden industry in the Philippines is poised to witness significant shifts in consumer behaviour and market dynamics. Gardening, once a thriving sector, is projected to experience a slowdown in growth due to various factors.
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Understand the latest market trends and future growth opportunities for the Home and Garden 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.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
If you're in the Home and Garden 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.
Home and Garden
This project has a strict focus on sales to consumers only. Trade and professional sales are excluded. Home and garden refers to gardening, home improvement, homewares and home furnishings.
See All of Our DefinitionsThis report originates from Passport, our Home and Garden research and analysis database.
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