E-commerce Growth in the Philippines
Published August 31, 2017 by Rush Hour
Growth has been increasing steadily for E-commerce in the Philippines and the entire South-East Asian region. A study by Google is expecting the Philippine’s e-commerce market to reach $19 billion by 2025. From just 805$ million in 2015, total E-commerce revenue has grown to 1.23$ billion in 2017.
The growth of e-commerce has been driven by continuous increases in the number of consumers and the average revenue earned per consumer for e-commerce. So, not only are the number of consumers going online increasing, they are also spending more. Some of the fastest growing item categories are fashion, electronics, food, furniture, and toys.
Start selling online, build your Ecommerce storefront with Rush Hour!
