The retail and e-commerce sectors in the Philippines are experiencing rapid growth, driven by technology and shifting consumer behaviors. In 2024, the e-commerce market was valued at $24.53 billion and is projected to reach $75.59 billion by 2033, with a 14.02% CAGR.

Major platforms like Shopee, Lazada, and Zalora dominate the market, with mobile commerce and digital payments on the rise. Technological advancements, including AI-driven recommendations and AR features, enhance user experience. However, challenges concerning product delivery, data security, and payment preferences remain.

Future trends include the expansion of m-commerce, social commerce, and advanced tech integration, positioning the sector for sustained growth. Curious about how the Philippines plan to progress not only in Southeast Asia but also on a global scale? Rockbird media is back with the 16th edition of its flagship event—a festival week infused with the spirit of pre-historic trading. Join us as we explore groundbreaking possibilities, uncover fresh ideas, and expand our networks that bring businesses together to its optimum!