Recently Released Market Study: Bags and Luggage in the Philippines
Bags and luggage is expected to post a healthy 10% current value growth in 2012, to end the year with in excess of Ps6 billion in retail value sales. In 2012, functionality has become the main benefit that manufacturers are pushing for, understanding that Filipinos have become more conscious of where they spend their money. This is especially true in the aftermath of the 2008-2009 economic crunch, although in 2012, consumer spending on bags and luggage has been very healthy...
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