n n n ‘.concat(e.i18n.t(“search.voice.recognition_retry”),’n
DUBLIN, Jan. 25, 2024 /PRNewswire/ — The “Philippine Social Commerce Market Intelligence Data Playbook and Future Growth Dynamics: 50+ KPIs on Social Commerce Trends Across End-Use Industries, KPIs operations, retail product dynamics and consumer demographics. Second Quarter The “2023 Update” report has been added to ResearchAndMarkets. com’s offering.
The latest market intelligence report offers an incisive look at the burgeoning social commerce industry in the Philippines, underlining its rapid growth trajectory with annual forecasts promising a significant expansion from US$0.96 billion in 2023 to an impressive US$2.42 billion by 2028.
A surge in social commerce is detailed through a data-centric lens, highlighting over 50 key performance indicators (KPIs) that encapsulate end-use sectors, operational insights, retail product dynamics, and intricate consumer demographics.
The comprehensive research presented in the report serves as a benchmark for stakeholders and investors, revealing a compound annual expansion rate (CAGR) of 20. 4% from 2023 to 2028 in the Philippine market.
This physically powerful expansion underscores the central role of social commerce, with far-reaching implications for the e-commerce industry as a whole. This expected expansion within the market is driven through a fusion of technological advancements, user engagement strategies, and changes in customer behaviors. and cutting-edge retail experiences, all of which are meticulously explored in the studio.
Scope of analysis
Detailed breakdown of e-commerce functionality signals from 2019 to 2028.
Granular forecasts for the social commerce market with segmentation, adding retail product categories such as apparel and footwear, good looks and private care, and food and groceries.
Examination of the social commerce landscape across B2B, B2C, and C2C end-use segments.
Insightful data on device utilization, highlighting mobile and desktop preferences among consumers.
Analysis of the geographical distribution of the market in national, cross-border and urban contexts.
Future forecasts on payment trends, covering a spectrum from credit and debit cards to virtual wallets and mobile payments.
Investigative reporting on the proliferation of platforms such as video commerce, social reselling, and buying.
Demographic and behavioral analyses that provide a layered view of customer trends by age, income source level, and gender.
Report Offerings:
Depth of social trading market dynamics along with a predicted outlook for 2019-2028.
Testing opportunities across end-use sectors to identify potential emerging markets in industries.
Strategies tailored to market-specific segments for maximizing growth and addressing social commerce industry trends, drivers, and risks.
For more information on this report, https://www. researchandmarkets. com/r/db4ccl
About ResearchAndMarkets. com
ResearchAndMarkets. com is the world’s leading source of market research reports and foreign market insights. We provide you with the latest insights into foreign and regional markets, key industries, largest companies, new products, and latest trends.
Media Contact:
Research and MarketsLaura Wood, Senior [email protected]
For E. S. T. hours, call 1-917-300-0470 For the U. S. For U. S. /CAN, toll free 1-800-526-8630 For GMT time, call 353-1-416-8900
U. S. Fax: 646-607-1907 Fax (outside the U. S. )(USA): 353-1-481-1716
Logo: https://mma. prnewswire. com/media/539438/Research_and_Markets_Logo. jpg
Show content: https://www. prnewswire. com/news-releases/philippines-social-commerce-sector-projected-to-reach-us2-42-billion-by-2028–market-report-uncovers-key – tendencias-et-dynamiques-de-croissance-302044702. html
SOURCE Research & Markets