Market demand of clothing in the Philippines 2011-2018
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”.