How big is the Philippines E-commerce Market?

The Philippines E-commerce Market size is expected to reach USD 15.51 billion in 2024 and grow at a CAGR of 13.78% to reach USD 29.57 billion by 2029. Read More

What is the current Philippines E-commerce Market size?

In 2024, the Philippines E-commerce Market size is expected to reach USD 15.51 billion. Read More

Who are the key players in Philippines E-commerce Market?

Lazada Group, eBay, Zalora, Shopee and BeautyMNL (Taste Central Curators Inc.) are the major companies operating in the Philippines E-commerce Market. Read More

What years does this Philippines E-commerce Market cover, and what was the market size in 2023?

In 2023, the Philippines E-commerce Market size was estimated at USD 13.63 billion. The report covers the Philippines E-commerce Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Philippines E-commerce Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Philippines E-commerce Market Share

Statistics for the 2023 & 2024 Philippines E-commerce market share, created by Mordor Intelligence™ Industry Reports. Philippines E-commerce share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Philippines E-commerce Industry

The Philippines' E-commerce is moderately fragmented with the presence of key players in the country. The market might get highly competitive with the entry of new players, and international players entering the country leverages the E-commerce market. The platforms welcome new sellers through different programs with partnerships. Companies also focus on expanding their reach by providing better service to sellers and faster delivery to shoppers across other regions in the Philippines.

August 2022 - Shopee launched their third ASEAN Online Sale Day, partnering with the Bureau of International Trade Relations (BITR) and the Department of Trade and Industry (DTI) from August 8 to 10. The annual sale celebrated the 55th founding anniversary of the Association of Southeast Asian Nations (ASEAN) and showcased different regional and local products on the Shopee platform. Over the last three years, the ASEAN Online Sale has consistently offered users a vast range of quality products across the region.
April 2022 - Lazada has announced the official launch of Lazada One, the Group's regional headquarters and office in Singapore. Lazada has a strong presence in Southeast Asia and aims to expand the digitization of the region further. The company aims to empower women and young people across Southeast Asia, educate them in the digital economy, and provide scholarships and growth opportunities to break the digital divide. This will enable continuous exposure to six markets in Southeast Asia, including Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam.