Consumer Lifestyles in the Philippines

June 2024

Consumer Lifestyles offers valuable insights into key consumer attitudes and current thinking, and their impact on purchasing and consumption habits; quantifying behaviours, preferences and motivations, and aligning them with broader trends.

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Overview:

Consumer Lifestyle reports provide detailed snapshorts of the behaviours, attitudes and spending patterns of consumers in 40 countries. 

The Lifestyles reports offer valuable statistics and insights into key consumer traits and values, linking behaviour trends with purchase and consumption habits. Using lifestyles survey data, these reports quantify behaviours, preferences and motivations both now and in the future across specific consumer-related topics relating to how consumers live, shop, work and play in 40 markets. Analysis is also included on how Euromonitor’s 8 focus megatrends, the longer-term shifts in consumer attitudes and behaviour, are playing out in each of the 40 countries. Consumer lifestyles are constantly shifting. Understanding behavioural shifts is vital for businesses to stay competitive and adapt to in order to capitalise on new opportunities.

The Consumer Lifestyle in Philippines report includes:

Lifestyles survey data and analysis on consumer values, behaviour and future expectations on topics such as life priorities, home and work life, ethical and health priorities and eating, leisure and shopping habits and use of technology. Consumer Megatrends covered are: Connected Consumers Ethical Living Experience More Healthy Living Middle Class Retreat Premiumisation Shifting Market Frontiers Shopping Reinvented

The Consumer Lifestyle in Philippines report answers:

  • How is the consumer mindset in Philippines changing? In Philippines, what are consumer attitudes towards “green” and sustainable products?
  • What values influence consumers in Philippines purchase decisions?
  • Where and how do consumers shop in Philippines?
  • What health-related activities do consumers in Philippines participate in?
  • What megatrends should I focus on in Philippines (and why)?
  • How do I prioritize my investment? I operate in country x, which are the most important megatrends in that country?
  • My product chimes with the Healthy Living trend, what consumer behaviours do I need to consider for innovation planning?
Scope
Consumer landscape in the Philippines 2024
Personal traits and values
Filipino consumers remain concerned about rising unit prices of essential goods
Older generations love spending and prioritizing time with their children
Gen Z most actively involved in political and social issues
Filipino consumers enjoy trying new products and services
Millennials are the most optimistic generation in the Philippines
Personal traits and values survey highlights
Home life and leisure time
Older generations more likely to spend time at home exercising
Gen Z less frequently on social media compared to other generations
Minimalist design highly desirable feature for Gen Z consumers
Older generations prefer living closer to public transport
Filipinos seek relaxation and consider safety when deciding where to travel
Home life and leisure time survey highlights
Eating and dietary habits
Filipinos look for healthy ingredients in food and beverages
Millennials more highly value the convenience that food delivery affords
Filipino consumers usually cook and prepare their own meals
Older generations least likely to be vegetarian or vegan
Baby boomers most willing to pay more for eco-friendly products
Eating and dietary habits survey highlights
Working life
Filipinos expect the companies they work for to prioritise their health and safety
Filipino consumers value a strong work-life balance
Baby boomers less concerned about earning potential than other generations are
Consumers in the Philippines expect to work from home in future
Working life survey highlights
Health and wellness
Filipinos prefer running or jogging, at least once a week
Older generations prefer to go for a massage when stressed
Respondents consider health and nutritional properties the most influential product feature
Baby boomers are the most frequent visitors to health-related or medical sites
Health and wellness survey highlights
Shopping and spending
Filipinos strive to simplify their way of living
Gen Z least interested in visiting shopping malls
Gen X favour unambiguous product labels
Older generations more likely to fix, not replace, broken items
Baby boomers leading by example in their ethical shopping habits
Millennials most likely to follow companies on social media
Gen Z most likely to shop online
Consumers in the Philippines expect to spend more on health and wellness
Older generations more concerned with their current finances
Shopping and spending survey highlights
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