Philippines Sportswear Market is Expected to Reach USD 1500 Million in the Coming Years REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit According to a market research report titled “Philippines Apparel and Footwear Market Outlook to 2019 – Increase in Influx of Foreign Brands” by Ken Research Apparel and footwear has been one of the secondary utility items on the list of local customers in the Philippines. The total sales of these products in the local market have observed steady growth over the review period with a CAGR of 7.3% during 2009-2014. The fashion industry in Philippines is comprised of two major products, apparel and footwear. The demand of both apparel and footwear in the Philippine market has remained strong over the years despite of several down-face factors. The year 2014 witnessed a higher demand of apparel products in comparison to footwear. The apparel industry in Philippines has been considered as one of the most steadily growing markets in the country. It comprised of sale of menswear, women’s wear and children wear. These have further included apparel and footwear products on the basis of the formal wear, casual wear, active wear and others. Domestic brands such as Bench, Penshoppe, M&Co and others are popular amongst shoppers due to low pricing and high quality of products. Golden ABC is one of the most famous fashion retailers in the country. Additionally, foreign apparel retailers have formed partnerships with major local distributors such as the SM Group, Robinsons Retail, Bench Corporation and others to ensure better sales. The liberalization of trade in Philippines has allowed companies such as H&M and Giordano, among others, to enter the local apparel market. Footwear products in Philippines have observed a surge in growth, since 2009. The expansion of footwear market in Philippines is owed to the firm demand of foreign brands. The revenue generated from the sales of footwear products in Philippines showcased a CAGR of 6.9% during the timeframe 2009-2014. Companies such as GB Shoes and Rusty Lopez have been active in the export market of Filipino footwear. Demand of low cost and high quality products from the US and Japan have resulted in an increase in footwear exports and have hence, supplemented the sustenance of the local industry. The sportswear market in the Philippines has been considered as a sub-segment of the complete apparel and footwear industry. Sportswear has been measured as one of the most comfortable and lucrative items in the Philippines apparel and footwear market. Filipinos have been accustomed to wear casual and comfortable clothing which possesses brand value and also caters to their unique style of fashion. The sportswear industry has included production of athletic footwear and apparel. The internet facilities in Philippines have been on a rise since 2009 with a rapid adoption rate amongst the young population. The number of internet users has showcased growth from 8.3 million in 2009 to 39.4 million in 2014. An explosion in internet usage has resulted in the development of e-commerce industry which has been in an infancy stage since yester years. Due to the establishment of online portals and retail websites, the revenue generated by the sale of apparel and footwear products have observed a significant escalation. Domestic domains such as Lazada, OLX, eBay and Zalora have been the major e-commerce website for the retail of apparel and footwear products in the Philippines. These payers have been responsible for the initial penetration of e-commerce in the local Filipino online retail market and have showcased a platform for growth in the coming years. For more information on the market research report please refer to the below mentioned link: https://www.kenresearch.com/consumer-products-and-retail/textile-apparel-and-footwear/philippines-apparel-footwear-market/5245-95.html Tags: Bench Performance Philippines Apparel, Competition Philippines Retailers Apparel, Ecommerce Apparel Footwear Philippines, Export Philippines Casual Wear Market, Foreign Brands Competition Philippines Apparel, Future Outlook Philippines Apparel, Import Philippines Shoes Market, Imported Brands Footwear Philippines, Lazada Share Apparel Philippines, Major Challenges Apparel Organized Philippines, Online Retail Apparel Footwear Philippines, Penshoppe Business Overview Philippines, PEST Analysis Philippines Footwear, Philippines Apparel Market, Philippines Athletic Apparel Market, Philippines Athletic Footwear Market, Philippines Clothing Market, Philippines Footwear Market, Philippines Menswear Market, Philippines Running Shoes Market Size, Philippines Sportswear Market, Philippines Walking Footwear Market, Philippines Women wear Market, Regular Footwear Philippines Market, Seasonal Demand Philippines Apparel Market, SM Group Apparel Philippines., Sports Shoes Philippines Market, SWOT Analysis Philippines Clothing Market, Trends Development Philippines Apparel