Street stalls/kiosks is set to see healthy current value growth over the forecast period, albeit at a declining rate, in line with the normalisation of consumer purchasing behaviour. Sales will mainly be driven by milk tea shops, given the popularity of this beverage among Filipinos.
Establishing and maintaining a digital presence will become increasingly important for street stalls/kiosks in Philippines during the coming years, as operators attempt adapt to consumers’ increasingly busy and technological lives. This will be especially the case for chained outlets, which are more likely to invest in digital tools for managing digital orders and payments, although The Bangko Sentral ng Pilipinas, with help from local government units, is working to encourage independent traders to adopt cashless transactions.
Several key street stalls/kiosk chains in the Philippines have made use of a franchising model to help expand their respective businesses. Indeed, franchising has emerged as a reputable source of income in the country, allowing Filipinos to invest in a tried and tested brand, rather than creating a new concept.
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Street Stalls/Kiosks
Small, sometimes mobile, foodservice providers characterised by a limited product offering and by low prices. Includes street stalls, street hawkers and foodservice kiosks where food is prepared in some way and served through a hatch or over a display counter to take away. Also includes kiosks and carts located externally or internally eg in shopping malls etc. As a rule, street stalls/kiosks outlets tend to be smaller than 100% home delivery/takeaway outlets, while menus are more limited, often (though certainly not always) with a greater emphasis on snack items, rather than full meals.
See All of Our DefinitionsThis report originates from Passport, our Street Stalls/Kiosks research and analysis database.
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