Rising Number of Internet Users to Help Philippines E-Commerce Logistics Market to Reach Almost PHP 600 Bn in terms of GMV in 2025. Will it be able to achieve it? Ken Research Philippines E-Commerce Retail Market recorded GMV of PHP 160 Bn in 2020. The country has a young, tech-savvy population (the average age is 25.7 years) that’s hungry for products and services. 1. Of the Total 109.5 Mn Population in the Philippines, 67% (73 Mn) are The Internet Users, the Second Largest in Southeast Asia. Click… Read More »
Explore how 50 Mn Online Shoppers in Philippines are impacting the growth of the e-commerce logistics market in FY’23? :Ken Research The Philippines logistics market is in its early growth stages of development, and growing year on year majorly due to growing demand for E-retailing coupled with an increase in the number of online orders. As per Ken research findings, the number of online orders grew at a CAGR of ~49% between 2019 and 2020. 1.… Read More »
The Philippines freight and Logistics Market is expected to reach over USD 20 Mn by 2027. Will Philippines continue this growth trajectory? Ken Research 1. Increasing Startups in the Philippines Trends and Developments in Philippines logistics Market Most of the startups are specialized in financial technology, healthcare, tourism, education, new technologies, real estate and others which have aided the online logistics industry. Some of the popular startups launched in the Philippines include zennya, Sprout Solutions, Coins.ph, Kalibrr, mClinica, Ayannah,… Read More »
Technology or Government key initiatives- who plays a big role in enabling the Philippines e-commerce logistic market to reach PHP 67 billion in the next five years? – Ken Research The escalation in the number of smartphones in the country, the fast-growing middle-class population, high consumer confidence, changing consumer preferences, etc. have augmented the growth of e-commerce leading to surging demand for e-commerce logistics as well in the country. The Philippines e-commerce is anticipated to expand with a double-digit CAGR in the next few years. 1.… Read More »
3 Catalysts in Philippines E-Commerce Logistics Market: Is the Growth Sustainable? : Ken Research Philippines E-Commerce Logistics market is expected to reach almost PHP 67 Bn in terms of revenue delivering nearly, 1 Bn shipments in 2025. 1. With the Support of Government’s Philippines E-Commerce Roadmap (2015-2020), Philippines E-Commerce Logistics Market Recorded More Than PHP 20 Bn in 2020. Cross – Comparison: Digital Trends in 2020: Click to Know… Read More »
