+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Philippines Domestic and International Money Transfer Industry Outlook to 2017 – Tie-ups and Price Wars to Influence the Market Growth

  • ID: 2782455
  • Report
  • January 2014
  • Region: Global, Philippines
  • 123 Pages
  • Ken Research Private Limited
1 of 2
The industry research report titled “Philippines Domestic and International Money Transfer Industry Outlook to 2017 – Tie-ups and Price Wars to Influence the Market Growth” provides comprehensive analysis of domestic money remittance, bill payment, mobile money, branch-pick ups, door to door transfer, direct credit to bank, online, mobile and international money transfer market.

The report discusses the competition between banking and non-banking channel (money transfer companies and pawnshops) in Philippines and provides market share, number of transactions, average transaction size and transaction volume along with other parameters of all the major MTOs, Pawnshops and banks.

KEY TOPICS COVERED IN THE REPORT

- Number of transactions, volume of transactions in domestic money remittance market in Philippines

- Major flow corridors

- Trends and drivers, number of pawnshops, banked population, migrants population and BPO industry revenue and employment

- Market share, transaction volume and number of transactions of major MTOs, pawnshops and banks in domestic money remittance market

- Bill Payment transaction volume and number in Philippines

- Transaction volume split of Bill payment through different platforms and by types of bill payment categories

- International money remittance flow corridors, transaction volume and number along with seasonal trends

- Market share, transaction volume and number of transactions of major MTOs and banks in international money remittance market
Note: Product cover images may vary from those shown
2 of 2
Executive Summary
- Macro Environment in Contact with Remittance Industry Performance
- Domestic Remittance Market
- Domestic Bill Payment Market
- International Remittance Market

1. Philippines Macro Economic Environment and Factors
1.1. Philippine Macro Environment Overview: Historical and Projections
- Philippines' GDP, 2007-2017
- Population and Number of Households in the Philippines, 2007-2017
- Export, Import and Exchange Rate Fluctutations, 2007-2012
1.2. Disposable Income per Household in Philippines, 2007-2012
1.3. Overseas Filipino Workers
1.3.1. Number of Land-Based and Sea-Based OFWs, 2007-2012
1.3.2. Land-Based OFW Distribution across Countries and by Occupation
1.3.3. Demand for Money Transfer
1.4. Number of Banks and ATMs in Philippines, 2007-2012

2. The Philippines Domestic Money Transfer Industry
2.1. Introduction - Domestic Remittance and Bill Payment
2.2. Number of Transactions and Transaction Volume in the Philippines Domestic Remittance Market, 2012-2013
2.3. Domestic Remittance Market Segmentation in the Philippines
2.3.1. Major Remittance Channels: Bank vs Non-Bank, 2012
2.3.2. Types of services - Banked and Unbanked population (Door to Door, Online, Branch Pick-up, Prepaid Cards)
2.3.3. Major Flow Corridors
2.4. Drivers
2.4.1. Unbanked Municipalities in The Philippines and migrants' demand for remittance
2.4.2. Growing Number of Pawnshops in the Philippines, 2007-2012
2.4.3. BPO Employees in the Philippines, 2007-2012
2.5. Competitive Landscape - Domestic Money Remittance
2.5.1. Market Share of Major Players in the Non-Bank Channel, 2012
2.5.2. Strength and Weakness of Major Non-Bank Domestic Remittance Players
2.5.3. Service Positioning, Strategy and Key Performance Indicators
2.6. Number of Transactions and Volume in the Philippines Bill Payment Market, 2009-2012
2.7. Domestic Bill Payment Market Segmentation in the Philippines, 2012
2.8. Market Share of Major Domestic Bill Payment Service Providers, 2012
2.8.1. Transaction Fees Comparison
2.9. Remittance Cost and Regulatory Changes (Domestic and International Remittance)
2.10. Rising Penetration of Mobile Money Transfers
2.11. Barriers to Entry and Relative Comparison of Bank and Non-Bank Remittance Players (security and compliance issues)
2.12. Analyst Recommendations
- Money Transfer Companies and Pawnshops
- Banks
2.13. Future Prospects and Outlook - Domestic Remittance and Bill Payment

3. Philippines International Money Transfer Industry
3.1. Global and Philippines International Remittance Industry Introduction
3.2. Products and Services in Bank and Non-Bank Channels
3.3. Transaction Volume in the Philippines International Remittance market, 2007-2012
3.4. The Philippines International Remittance Market Segmentation
3.4.1. Major Flow Corridors, 2007-2012
3.5. International Remittance Market Trends
3.6. The Philippines International Remittance Competitive Landscape
3.6.1. Market Share of Major Banks and Non-Bank Channels, 2012
3.6.2. Strengths and Weaknesses of Banks and Major Non-Bank International Remittance Players
3.6.3. Service Positioning, Pricing Strategy and Key Performance Indicators
3.7. Future Prospects and Outlook - International Remittance

4. Appendix
4.1. Market Definitions
4.2. Abbreviations
4.3. Research Methodology
- Data Collection Methods
- Approach
- Variables (Dependent and Independent)
- Final Conclusion
4.4. Disclaimer

LIST OF FIGURES

Figure 1: GDP at Constant Price in the Philippines in USD Billion and GDP Growth Rate in Percentage, 2007-2017

Figure 2: Population and Number of Households in the Philippines in Million, 2007-2017

Figure 3: Exports and Imports in the Philippines in USD Billion, 2007-2012

Figure 4: Exchange Rate of the Philippine Peso against the US Dollar, 2007-2012

Figure 5: Disposable Income per Household in the Philippines in USD and Household Size, 2007-2012

Figure 6: Number of Deployed Land-Based and Sea-Based Overseas Filipino Workers, 2007-2012

Figure 7: Number of Banks in the Philippines, 2007-2012

Figure 8: Number of ATMs in the Philippines, 2007-2012

Figure 9: Philippines Domestic Remittance Market Size on the Basis of Number of Transactions in Million and Transaction Volume in USD Million, 2012-2013

Figure 10: Philippines Domestic Remittance Market Segmentation on the Basis of Number of Transactions from Banking Channel and Non-Banking Channel in Percentage, 2012

Figure 11: Types of Services Available in the Non-Bank Channel along wither their contribution on the Basis of Number of Transactions in Percentage, 2012-2013

Figure 12: Types of Services Offered by the Bank Channel along with their Contribution on the Basis of Number of Transactions in Percentage, 2012

Figure 13: Migration Trend in the Philippines in 2010 and Estimates for 2012

Figure 14: Number of Pawnshops in the Philippines, 2007-2012

Figure 15: BPO Employees in the Philippines, 2007-2012

Figure 16: Philippines Domestic Bill Payment Market Size on the Basis of Transaction Volume in USD Million and Number of Transactions in Million, 2009-2012

Figure 17: Market Segmentation of the Philippines Bill Payment Market by Types of Payment on the basis of Transaction Volume in Percentage, 2012

Figure 18: Market Share of Various Sources of Bill Payments in the Philippines on the Basis of Transactions Volume in Percentage, 2012

Figure 19: Process of Sending Domestic M-Remittances through Cash-in/Cash-out in the Philippines

Figure 20: Process of Sending Domestic M-Remittances through Mobile Phones in the Philippines

Figure 21: The Philippines Domestic Remittance and Bill Payment Future Projections on the Basis of Transaction Volume in USD Million, 2013-2017

Figure 22: Global Remittance Market Size on the Basis of Transaction Volume in USD Billion and the Contribution of the Philippines in Percentage, 2007-2012

Figure 23: Philippines International Remittance Market Size on the Basis of Transaction Volume in USD Million, 2007-2012

Figure 24: Philippines International Remittance Market Segmentation on the basis of Inflows from Major Flow Corridors in Percentage, 2007-2012

Figure 25: Philippines International Remittance Market Future Projections on the Basis of Value of Transactions in USD Million, 2013-2017

LIST OF TABLES

Table 1: Age Wise Population in the Philippines in Million, 2012

Table 2: Household Final Consumption Expenditure at Constant Prices in the Philippines in USD Million, 2011-2012

Table 3: Household Final Consumption Expenditure by Income Class in Percentage, 2012

Table 4: Deployed Land-Based Overseas Filipino Workers by Country, 2008-2012

Table 5: Deployed Land-Based Overseas Filipino Workers (New Hires) by Type of Occupation, 2008-2012

Table 6: Unemployment and Underemployment Rate in Different Region in the Philippines in Percentage, 2011

Table 7: Region Wise Urbanization Rate in the Philippines in Percentage for 2007, 2010 and 2012

Table 8: Number of Banked and Un-Banked Municipalities in Philippines, 2012

Table 9: Market Share and Transaction Volume of Major Players in the Philippines Domestic Remittance Market in Percentage and USD Million Respectively, 2012

Table 10: Strengths and Weaknesses of Major Players in the Philippines Domestic Remittance Market

Table 11: Competitive Landscape of the Philippines Domestic Remittance Market

Table 12: Palawan Pawnshop's Rates for Domestic Remittance in the Philippines

Table 13: Cebuana Lhuillier's Rates for Domestic Remittance in the Philippines

Table 14: LBC Express' Rates for Domestic Remittance in the Philippines

Table 15: Western Union's Rates for Domestic Remittance in the Philippines

Table 16: M Lhuillier's Rates for Domestic Remittance in the Philippines

Table 17: Domestic Bill Payment Market Size in the Philippines in USD Million, 2012

Table 18: Competitive Landscape of the Philippine Mobile Remittance Market

Table 19: Relative Comparison of Banking and Non-Banking Remittance Channels

Table 20: Average Transaction Fee Charged for the US-Philippines Flow Corridor in USD, as of October 29, 2013

Table 21: Average Transaction Fee Charged for the Canada-Philippines Flow Corridor in USD, as of October 31, 2013

Table 22: Average Transaction Fee Charged for the Saudi Arabia-Philippines Flow Corridor in USD, as of October 29, 2013

Table 23: Philippines International Remittance Market Segmentation on the basis of Inflows from Major Flow Corridors in USD Million, 2007-2012

Table 24: Month-wise Overseas Filipino Remittances in the Philippines in USD Million, 2008-2013

Table 25: Market Share and Transaction Volume of Major Players in the Philippines International Remittance Market in Percentage and USD Million Respectively, 2012

Table 26: Strengths and Weaknesses of Banks and Major Non-Bank International Remittance Companies

Table 27: Competitive Landscape of the Philippines International Remittance Market

Table 28: Correlation Matrix of the Philippines International Remittance Market

Table 29: Regression Coefficients Output
Note: Product cover images may vary from those shown
3 of 2

Loading
LOADING...

Adroll
adroll