• U-Franchise

International Franchisors Hungry for Franchise Expansion into the Philippines

Little Caesars, Yenly Yours Mango Café, Coca Hotpot, Mathnasium, Fire Fitness and more see a bright future in the Philippines

It is common knowledge that the Philippines currently has over 2,000 franchise systems and 200,000+ franchise locations today. While the pandemic has had an impact on some businesses, some of which are franchised businesses, the economic recovery in the Philippines and across Asia is starting to take hold and the future is brighter than it has been in the past 18 months.

The Philippines continues to have one of Asia’s youngest population and arguably hosts the most developed franchise industry in the Association of Southeast Asian Nations (ASEAN). Perhaps a reason for this are recent studies show that Filipinos are very entrepreneurial and that franchises remain one of the most sought after business models by SMEs, entrepreneurs, and conglomerates alike.

According to the website Macrotrends, the Philippines population has grown about 1.3 to 1.5 percent annually for the last decade and now stands approximately at a whopping 111 Million people. Another report in 2019 by US News ranked the Philippines as the best country for investment destination based on a survey of over 6,000 business decision makers in Asia.

While every sector of the franchise industry is represented in the Philippines, there continues to be high interest in food and beverage (F&B), retail, education, and services franchises that come from the West as well as from within Asia.

The international representatives of international franchise brands will hold their annual International Franchise Business Matching event on October 13 – 14, 2021. The event is co-hosted by U-Franchise and VF Franchise Consulting, long time trusted partners who have helped many international franchise brands enter the Philippines successfully over the years.

Catch these 9 top global franchises from the food, fitness, education and co-working space industry in the upcoming virtual event: