April 2017 Philippines Classifieds Market Outlook to 2021
they should purchase new and used products. The growing acceptance of C2C ecommerce has provided opportunities for online classifieds market to expand and reach out to masses, resulting in the increasing volume of online classified ads and buy & sell transactions. Moreover, emerging new companies in the country has also supported the growth of the market.
Philippines Online Recruitment Classifieds Online recruitment classifieds contributed USD ~ million revenues in 2016. Rising IT, automobile, education and BPO industry has given boost to the industry. Education sector is the largest contributor in online recruitment classifieds with the percentage share of ~% in terms of listings. BPO sector is the second largest sector in the industry. Sales and marketing is the third largest player with the share of ~% in terms of listing. The fourth largest player is Restaurant and food services(~ %), followed by arts / media(~ %) and others(~ %). ~% of the revenues in Philippines online recruitment classifieds market has been generated through recruiters. Revenue generation by job seekers was ~% in 2016. Full time jobs listings in the Philippines has dominated the market with the share of ~% in 2016 in terms of listings.
Philippines Online Real Estate Classifieds Philippines online real-estate classifieds market was accounted at USD ~ million in terms of revenue in 2016. The total number of listings from real estate sector was ~ million in 2016. There was a shift in the preferences of consumers on exploring information on real estate through classifieds or finding brokers online from the traditional ways due to rise in internet penetration in Philippines. Online residential classifieds contributed ~% of the listings in the overall online real estate classifieds market of the Philippines. Online classifieds of commercial and industrial property marked the share of listings as ~% in the overall online real estate classifieds market, owing to increased employment and infrastructural development in fast emerging economy of the Philippines. The number of real estate listings for sale in the Philippines Online Real Estate Classifieds Market has accounted for ~% share in total number of listings in 2016 followed by rent based listings. Revenue from advertisements was the major source of revenue for online property portals, and this segment contributed to nearly ~% of the market revenue followed by subscriptions(~ %) in 2016.
Philippines Online Automobile Classifieds The Philippines online automobile market has witnessed a tremendous growth in past few years. The market was accounted at USD ~ million in 2016. It has been observed the automobiles purchase through online portals has flourished in last few years accounting on the steady economic growth, widespread use of internet and increase in sales of used vehicles in Philippines. The SUV & luxury cars have dominated the market of Philippines Online automobile classifieds with the share of ~% followed by sedan(~ %), hatchback(~ %) and others(~ %) in 2016. Future Potential
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