According to source, E-commerce revenue in Philippines is estimated at $19 Billion by 2023 and increasing with a growth rate of more than 13%.
With a population of more than 117 Million people, Philippines has an internet penetration rate of 73% which plays a vital role in the development of E-commerce industry in Philippines.
Lazada and Shopee are the biggest E-commerce players in Philippines at the present moment.
Online selling platforms in Philippines are playing a vital role in the overall development of E-commerce industry across the country.
Top selling products in Philippines
- Electronic gadgets & accessories
- Kids stuff
- Clothing
- Women items
- Video games & consoles
- Cosmetics
- Pet supply
- Shoes
- Handicrafts
- Health/Fitness & Wellness stuff
- Auto parts
