The market demand of clothing in the Philippines has continued to rise over the past years and there is no sign of decline with almost 12 billion U.S. dollars in forecasted volume for 2018. The household consumption expenditure for clothing and footwear was valued at 77.2 billion Philippine pesos in 2018.
What do Filipinos spend their money on?
Filipinos include shopping of clothing and apparel in their expenditures. With an average monthly income in the Philippines of Php 20,000.00, five percent were being spent on clothing. Furthermore, 68 percent of Filipino cross-border online shoppers spent their money on fashion, such as clothing, footwear and accessories in 2018.
Apparel market value
Retail sales growth for 2018 in the Philippines was up by 5.5 % based on volume. The nation is the twelfth most populated country worldwide, with some ten million more Filipino citizens working abroad. A recent economic boom has allowed the country to buck the moniker “sick man of Asia”.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Philippine baby clothes market contracted to $64M in 2024, reducing by -13.1% against the previous year. Overall, consumption recorded measured growth. Over the period under review, the market hit record highs at $81M in 2021; however, from 2022 to 2024, consumption remained at a lower figure.
In 2024, the gross value added generated from textile manufacturing in the Philippines amounted to around 38.12 billion Philippine pesos, reflecting a decrease from the previous year. Due to gaps in production, the Philippines largely imports textiles used for the manufacturing of garments.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
In 2024, the Philippine technical textiles market decreased by -48.2% to $205M for the first time since 2020, thus ending a three-year rising trend. In general, consumption, however, recorded resilient growth. Technical textiles consumption peaked at $395M in 2023, and then fell markedly in the following year.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Philippine non-knitted women apparel market expanded sharply to $3.5B in 2024, surging by 7.1% against the previous year. Overall, consumption recorded strong growth. Non-knitted women apparel consumption peaked in 2024 and is expected to retain growth in the near future.
https://www.globaldata.com/privacy-policy/https://www.globaldata.com/privacy-policy/
Verdict Retail’s, "Retail Sales of Clothing, Footwear, Accessories and Luxury Goods Specialists in Philippines: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retail sales from 2010 to 2020 taking place at "Clothing, Footwear, Accessories and Luxury Goods Specialists" for each category at segment level. However, delivered wholesale sales are not included. The segment level analytics are provided for the following product categories: Apparel, accessories, luggage and leather goods Health and beauty Home and garden products Sports and leisure equipment Verdict Retail categorizes "Clothing, Footwear, Accessories and Luxury Goods Specialists" as outlets where clothing, footwear, accessories and/or luxury goods are the main footfall drivers and account for the majority of sales. "Retail Sales of Clothing, Footwear, Accessories and Luxury Goods Specialists in Philippines: Market Size, Growth and Forecast to 2020" report is the result of Verdict Retail’s extensive market research covering the retail industry in Philippines. The report acts as an essential tool for companies active across the Philippines’ retail industry and for new players considering entering the market. The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting. This is an on-demand report and will be delivered within 2 working days (excluding weekends) of the purchase. Read More
As of August 2021, Penshoppe was the leading fashion retailer in the Philippines, with an index score of 44.3. This was followed closely by Bench with an index score of 43.7.
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
According to Cognitive Market Research, the global Leaf Fibre Fabric for Apparel market will be USD XX billion in 2023 and expand at a CAGR of 5.00% from 2023 to 2030.
The demand for Leaf Fibre Fabric for Apparel is rising due to the numerous strategies adopted by key participants.
Demand for manila hemp remains higher in the Leaf Fibre Fabric for Apparel market.
The men's clothing held the highest Leaf Fibre Fabric for Apparel market revenue share in 2023.
North American Leaf Fibre Fabric for Apparel will continue to lead, whereas the European Leaf Fibre Fabric for Apparel market will experience the most substantial growth until 2030.
Sustainability and Eco-Friendly Trends to Provide Viable Market Output
Demand for eco-friendly and sustainable products are rising as people become more conscious of environmental issues, especially in the garment sector. Leaf fibre textiles, made from sustainable plant materials like agave, pineapple, and banana leaves, are a great fit for consumers who care about the environment. These textiles are in high demand in the market because of their eco-friendly qualities, demonstrated by their biodegradability and lower environmental impact than traditional textiles. The growing demand for leaf fibre fabrics reflects a wider change in the fashion industry towards more environmentally friendly practices, as consumers emphasize sustainability when purchasing.
Biodegradability and Circular Economy to Propel Market Growth
Leaf fibres are essential to the textile industry's advancement of a circular economy because of their biodegradable nature. With a much smaller environmental impact than their synthetic counterparts, these materials provide a sustainable option. Leaf fibres solve important pollution and plastic waste issues because they are biodegradable materials. Their capacity to spontaneously disintegrate at the end of their lives is consistent with a more extensive dedication to environmental care. By selecting leaf fibres over non-biodegradable substitutes, industries support eco-friendly behaviours and lessen the environmental harm caused by conventional, non-biodegradable textile materials. This leads to a more sustainable and regenerative strategy.
Market Dynamics of Leaf Fibre Fabric for Apparel
Limited Availability and Production Challenges to Restrict Market Growth
Geographic limitations, agricultural practices, and climate influence leaf fibres from particular plants, such as agave, pineapple, or bananas. Meeting the growing demand for leaf fibre fabrics may be difficult due to the limited production resulting from these issues. A careful balance between sustainable sourcing and market accessibility may be created by these limitations, which may also impact pricing dynamics and market penetration. Addressing these issues is essential to maintaining a stable supply chain and promoting the market's continuous expansion for leaf fibre fabrics as demand for eco-friendly textiles develops.
Impact of COVID–19 on the Leaf Fibre Fabric for Apparel Market
The COVID-19 pandemic had a major effect on the market for leaf fibre fabric for apparel. Global supply networks and manufacturing processes were disrupted, resulting in delays and shortages of raw materials. However, the recession also made people more conscious of sustainability, which raised the demand for eco-friendly clothing. Growingly aware of their options, consumers looked for natural and sustainable substitutes, which had a favourable impact on the market for Leaf Fibre Fabric. Because of the industry's adaptability and the post-pandemic emphasis on environmental responsibility, Leaf Fibre Fabrics has become the go-to option, which has helped the business rebound and flourish despite shifting customer preferences and a renewed focus on sustainable fashion. Introduction of Leaf Fibre Fabric for Apparel
Leaf Fibre fabric for apparel is an eco-friendly substitute for conventional textiles, a novel and sustainable textile made from plant leaves. It entails removing fibres from a variety of plants, including agave, pineapple, and banana leaves, to produce textiles renowned for their breathable and naturally beautiful fabrics. The market for leaf fibre fabric in apparel is growing as consumers look for eco-friendly design options, with an emphasis on sustainability. This eco-friendly fabric promotes biodiversity and lessens the environmental im...
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Philippine textile industry finishing agents market totaled $19M in 2024, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a resilient increase. Textile industry finishing agents consumption peaked at $24M in 2022; however, from 2023 to 2024, consumption failed to regain momentum.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
The kids apparel market generated a total revenue of US$ 187.29 billion in 2022. The industry is predicted to register a healthy CAGR of 6.8% over the forecast period to attain a revenue of US$ 386.19 billion by 2033. The kids apparel industry holds lucrative growth opportunities for manufacturing companies as demand for kids’ apparel is surging.
Market Value (2023) | US$ 200.03 billion |
---|---|
Market Forecast Value (2033) | US$ 386.19 billion |
Market CAGR (2023 to 2033) | 6.8% |
Scope of Kids Apparel Market Report
Attributes | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ million/ billion for Value |
By Product Type |
|
By End User |
|
By Age Group |
|
By Distribution Channel |
|
By Region |
|
Key Countries Covered | The United States, Brazil, Mexico, Canada, the United Kingdom, Germany, France, Spain, Italy, Russia, Argentina, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Vietnam, Australia, Poland, China, New Zealand, Japan, GCC countries, South Africa, others |
Key Players |
|
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Report Covers the E-Commerce Industry in the Philippines. It is Segmented Into B2C E-Commerce (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverage, and Furniture and Home) and B2B E-Commerce. The Market Sizes and Forecasts for Value (USD) for all the Above Segments Have Been Provided.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Retail Industry Report in the Philippines is Segmented by Products (Food and Beverage, Personal and Household Care, Apparel, Footwear and Accessories, Furniture, Toys and Hobbies, Electronic and Household Appliances, and Other Products) and Distribution Channels (Supermarkets/Hypermarkets, Convenience Stores, Department Stores, Specialty Stores, Online, and Other Distribution Channels). The Report Offers the Market Size and Forecasts for the Philippine Retail Sector in Value Terms (USD) for all the Above Segments.
The gross value added generated from the manufacturing of wearing apparels in the Philippines amounted to around 51 billion Philippine pesos in 2024. This reflects a slight increase from the previous year's total of about 50 billion Philippine pesos.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
In 2024, the Philippine non-knitted men apparel market decreased by -7.7% to $316M for the first time since 2020, thus ending a three-year rising trend. Overall, consumption, however, enjoyed temperate growth. Over the period under review, the market reached the peak level at $343M in 2023, and then declined in the following year.
By Fabric Type:By fabric type, the market is segmented into organic cotton, polyester, wool, bamboo fiber, and blended fabrics. Among these, organic cotton dominates the market due to the increasing awareness among parents about the health benefits of using natural and non-toxic materials. Organic cotton apparel is hypoallergenic and soft, making it suitable for babies with sensitive skin. Additionally, the sustainability aspect of organic cotton has aligned well with the growing environmental consciousness among consumers, leading to its widespread adoption. By Product Type:The market is segmented by product type into onesies, sleepwear, outerwear, bottom wear, and accessories. Recently, onesies have emerged as a dominant market segment due to their convenience and multi-purpose usage, making them a staple in baby wardrobes. The high demand for onesies is further supported by their growing availability in organic and eco-friendly fabrics, which appeals to environmentally conscious parents. Onesies also offer flexibility in design, often incorporating popular characters and themes, enhancing their appeal to both parents and children. Asia Pacific Baby Apparel Market Segmentation Emerging markets like Vietnam and the Philippines show strong growth potential in the baby apparel sector. By 2023, Vietnam's GDP per capita reached $4,347, indicating solid economic progress. Their youthful populations, rising middle-class incomes, and rapid urbanization create favorable conditions for baby apparel manufacturers and retailers. The increasing internet penetration also boosts e-commerce platforms, offering diverse baby clothing options.
By Product Type:The market is segmented by product type into onesies, sleepwear, outerwear, bottom wear, and accessories. Recently, onesies have emerged as a dominant market segment due to their convenience and multi-purpose usage, making them a staple in baby wardrobes. The high demand for onesies is further supported by their growing availability in organic and eco-friendly fabrics, which appeals to environmentally conscious parents. Onesies also offer flexibility in design, often incorporating popular characters and themes, enhancing their appeal to both parents and children. Asia Pacific Baby Apparel Market Segmentation Emerging markets like Vietnam and the Philippines show strong growth potential in the baby apparel sector. By 2023, Vietnam's GDP per capita reached $4,347, indicating solid economic progress. Their youthful populations, rising middle-class incomes, and rapid urbanization create favorable conditions for baby apparel manufacturers and retailers. The increasing internet penetration also boosts e-commerce platforms, offering diverse baby clothing options.
The volume of production index in the textile manufacturing industry in the Philippines was at 84.55 in 2023, lower than the base year value of 100 in 2018. The production index volume of textile manufacturing fluctuated in the observed period. The volume of production index measures the monthly change in the production volume of the manufacturing sector with its reference period and base year.
The Asia Pacific Baby Apparel Market is characterized by the presence of both global and regional players. The competition is intense, with companies focusing on product innovation, sustainable practices, and e-commerce expansion to maintain their market positions. Companies like H&M and Zara have a strong presence in the region, with their eco-friendly lines of baby apparel driving sales. In contrast, local players like FirstCry in India have carved a niche by providing affordable baby apparel with high local demand. Asia Pacific Baby Apparel Market Competitive Landscape By Fabric Type:By fabric type, the market is segmented into organic cotton, polyester, wool, bamboo fiber, and blended fabrics. Among these, organic cotton dominates the market due to the increasing awareness among parents about the health benefits of using natural and non-toxic materials. Organic cotton apparel is hypoallergenic and soft, making it suitable for babies with sensitive skin. Additionally, the sustainability aspect of organic cotton has aligned well with the growing environmental consciousness among consumers, leading to its widespread adoption. By Product Type:The market is segmented by product type into onesies, sleepwear, outerwear, bottom wear, and accessories. Recently, onesies have emerged as a dominant market segment due to their convenience and multi-purpose usage, making them a staple in baby wardrobes. The high demand for onesies is further supported by their growing availability in organic and eco-friendly fabrics, which appeals to environmentally conscious parents. Onesies also offer flexibility in design, often incorporating popular characters and themes, enhancing their appeal to both parents and children. Asia Pacific Baby Apparel Market Segmentation Emerging markets like Vietnam and the Philippines show strong growth potential in the baby apparel sector. By 2023, Vietnam's GDP per capita reached $4,347, indicating solid economic progress. Their youthful populations, rising middle-class incomes, and rapid urbanization create favorable conditions for baby apparel manufacturers and retailers. The increasing internet penetration also boosts e-commerce platforms, offering diverse baby clothing options.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
In 2024, the Philippine leather apparel market increased by 2.8% to $140M, rising for the second year in a row after five years of decline. Over the period under review, consumption, however, showed a abrupt decrease. Leather apparel consumption peaked at $265M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Philippine baby garment market soared to $1B in 2023, picking up by 20% against the previous year. Over the period under review, consumption showed significant growth. Baby garment consumption peaked in 2023 and is likely to continue growth in the near future.
The market demand of clothing in the Philippines has continued to rise over the past years and there is no sign of decline with almost 12 billion U.S. dollars in forecasted volume for 2018. The household consumption expenditure for clothing and footwear was valued at 77.2 billion Philippine pesos in 2018.
What do Filipinos spend their money on?
Filipinos include shopping of clothing and apparel in their expenditures. With an average monthly income in the Philippines of Php 20,000.00, five percent were being spent on clothing. Furthermore, 68 percent of Filipino cross-border online shoppers spent their money on fashion, such as clothing, footwear and accessories in 2018.
Apparel market value
Retail sales growth for 2018 in the Philippines was up by 5.5 % based on volume. The nation is the twelfth most populated country worldwide, with some ten million more Filipino citizens working abroad. A recent economic boom has allowed the country to buck the moniker “sick man of Asia”.