Philippines Sourcing: Fashion accessories & jewelry 2018

 

In Philippines Sourcing: Fashion accessories & jewelry 2018, buyers can find:

Verified exporters – Suppliers offering various types of fashion accessories & jewelry

Products – Full-color images with specifications & prices

Supply market intelligence – Supply centers, industry trends, challenges, production and pricing

Export data – Philippines-wide details and survey results from featured exporters

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Sector highlightsSuppliers & productsIndustry overviewProduct featuresSupplier surveyPDF downloadSupplier list

Philippines Sourcing: Fashion accessories & jewelry 2018 Sector highlights

Industry overviewProduct featuresSupplier survey
  • Philippine makers are positioning themselves as sources of unique, handcrafted and environment-friendly designs.

  • The country exported $494.7 million worth of various fashion accessories between January and October 2017.

  • The Philippines has several designers who advocate environmental protection, cultural preservation and the empowerment of local communities.

  • Natural materials are common inputs across all product categories.

  • Recycling and upcycling of materials is a trend among makers.

  • Product safety and environmental impact are major considerations in developing new designs.

  • The majority of suppliers will be keeping prices at current levels.

  • Outlook on export sales for the next 12 months is generally optimistic.

  • Trend for environment-friendly or sustainable natural materials will remain strong.

Philippines Sourcing: Fashion accessories & jewelry 2018 Suppliers & products

Philippines-fashion-accessories-jewelry-banner

Philippines Sourcing: Fashion Accessories & jewelry 2018

• Bags & wallets • Footwear • Fashion jewelry • Other fashion complements

Our team has visited all Philippine manufacturers featured here to verify their export capability. Each has a website on GlobalSources.com with full company details, product images with specifications, manufacturing capability and complete contact details.

Click suppliers’ names below to view their full profiles and product offerings on GlobalSources.com.

Sections


Products

Below is a selection of products from our featured suppliers. Click on the images to find more products and supplier information.

For a complete listing of the featured suppliers, click here.

Bags & wallets   
Philippines fashion accessories & jewelryPhilippinePhilippine fashion accessories & jewelryPhilippine fashion accessories & jewlery
Philippine fashion accessories & jewelryPhilippinePhilippine fashion accessoriesPhilippine fashion accessories
Footwear   
Philippines fashion accessories & jewelryPhilippinePhilippine fashion accessories & jewelryPhilippine fashion accessories & jewelry
Fashion jewelry   
Philippines fashion accessories & jewelryPhilippinePhilippine fashion accessories & jewelryPhilippine fashion accessories & jewelry
Philippines fashion accessories & jewelryPhilippinePhilippine fashion accessories & jewelryPhilippine fashion accessories & jewelry
Other fashion complements   
Philippine fashion accessories & jewelryPhilippine fashion accessories & jewelryPhilippine fashion accessories & jewelryPhilippine fashion accessories & jewelry

Philippines Sourcing: Fashion accessories & jewelry 2018 Industry overview

Philippines Sourcing: Fashion accessories & jewelry industry overview

Philippines Sourcing: Fashion accessories & jewelry 2018

• Bags & wallets • Footwear • Fashion jewelry • Other fashion complements

This section discusses key issues affecting export manufacturers in the Philippines, offering insight into industry composition and important supply centers.

Philippine exports of fashion accessories & jewelryCompetitive advantagesChallengesIndustry composition
  • The Philippines exported $494.7 million worth of various fashion accessories between January and October 2017.

  • The US was the largest single-country importer, accounting for over 60 percent of the export value.

  • Trunks, suitcases, handbags and similar products generated the majority of sales.

  • The Philippines has several designers who use fashion as their medium of expression to advocate environmental protection, cultural preservation and the empowerment of local communities.

  • The country is also home to skilled weavers, sewers, carvers and other artisans.

  • The industry benefits from the variety of plant-based fibers found in the country, including abaca and buri.
  • Philippine products are generally priced higher than those from China, Thailand and Vietnam due to high manufacturing costs.

  • Slim margins limit investment in marketing, R&D and production upgrades.

  • Bureaucracy in the importation of some inputs continue to be a challenge.
  • The Philippine Exporters Confederation has more than 150 members from the fashion accessories and jewelry sector.

  • Over 60 percent of these companies specialize in fashion jewelry.

  • The majority of businesses operate on a small scale.

Philippine makers of fashion accessories and jewelry are highlighting their design capability and positioning themselves as sources of unique, handcrafted and environment-friendly designs amid the slow fashion movement that has gained traction in the global market. This trend among suppliers is seen in the use of natural resources that are locally abundant, designs inspired by the Philippine culture and heritage, and the adoption of inputs made using traditional weaving and dyeing techniques.

Through this strategy, companies hope to enhance their competitiveness and thereby advantage of the opportunities presented by the various trade agreements the country has entered into or in the process of negotiating.

The Philippines is a signatory of the ASEAN Free Trade Area (AFTA) agreement. As a member of the ASEAN, it also has free trade agreements (FTAs) with Australia, China, India, Japan, New Zealand and South Korea.

In November 2017, ASEAN member states signed free trade and investment agreements with Hong Kong — the ASEAN-Hong Kong, China (HKC) Free Trade Agreement and the ASEAN-HKC Investment Agreement.

Exports

The Philippines exported $494.7 million worth of various fashion accessories during the 10-month period ending October 2017, according to international trade data from the Philippine Statistics Authority (PSA) and processed by Export Marketing Bureau (EMB) of the Department of Trade and Industry (DTI) as of Jan. 8, 2018. This value is up 2 percent compared to figures for the same period in 2016.

Trunks, suitcases, handbags and similar products exported under the Philippine Standard Commodity Classification (PSCC) code 4202 accounted for 81 percent of the export value. The category also includes shopping bags, sports bags and specialized containers such as executive cases, binocular cases, spectacle cases, tool bags and laptop bags.

Twelve percent came from footwear, gaiters and similar items sent abroad under PSCC codes 6401 to 640. Export products include sports shoes, dress shoes and casual footwear such as sandals and slippers.

Gloves, mittens and mitts under PSCC codes 6116 and 6216 generated 4 percent, and headgear and parts under PSCC codes 6501 to 6507 2 percent.

Of the categories, footwear saw the largest growth. Exports in the line rose 55 percent year over year to $57.8 million. The value of headgear and parts sent overseas, on the other hand, experienced the largest drop of 45 percent to $11.1 million.

The US was the largest single-country importer of the products, accounting for more than 60 percent of the export value. Japan, the Netherlands, China, Germany and the Czech Republic were also key destinations.

Most suppliers continue to target the US and the EU, specifically Germany, Italy and France, since they are already familiar with consumer preferences and have established relationships with buyers in these areas.

Outlook on export sales for the next 12 months is cautiously optimistic, with many companies anticipating growth of up to 10 percent. Sales projections are conservative due to limited capacity to scale up and engage in direct price competition.

Competitive advantages

Among the key factors enabling Philippine manufacturers to offer unique, environment-friendly designs are designers who use fashion as their medium of expression to advocate environmental protection, cultural preservation and the empowerment of local communities. As a testament to their heritage, these talents take inspiration from the tropical landscape of the Philippines and other elements of local culture, and mix them with contemporary and ethnically diverse designs. Skilled weavers, sewers, carvers and other artisans, who turn designers’ creations into reality.

Literacy rate in the Philippines exceeds 90 percent, and most Filipinos have some level of proficiency in the English language. This facilitates communication between buyers and manufacturers.

The industry also benefits from the variety of natural materials that can be found in the country. Abaca, used in a wide range of fashion accessories and jewelry, grows on all three major islands of the Philippines. The primary producer of the fiber is the Bicol region on the island of Luzon.

Other plant-based materials that can be sourced locally are raffia, buntal and piña.

Amid high demand for abaca and other plant-based fibers, the Philippine Fiber Industry Development Authority (PhilFIDA) is teaching growers sustainable farming practices to help them meet local and international buyer requirements.

Challenges

Price competition remains the primary challenge for Philippine suppliers because their products are generally more expensive than those from Vietnam, Thailand and China due to high manufacturing and overhead costs. Since they are at a disadvantage in terms of price, manufacturers focus instead on highlighting the advantage of their products in terms of quality and design, targeting midrange and high-end markets.

Even with their focus on the midrange and high end, companies keep price increases to a minimum when production costs go up. Many opt to cut margins rather than push up prices to cover additional expenses due to the intense competition in the industry.

To promote the Philippines as a source of quality products, the Center for International Trade Expositions and Missions (CITEM) of the Department of Trade and Industry (DTI) helps enterprises showcase their designs in international trade shows such as the Maison&Objet in Paris and Ambiente in Messe Frankfurt, Germany. CITEM also organizes Manila FAME, a biannual trade show featuring export-ready fashion accessories, as well as furniture, home furnishings, gifts and holiday décor.

Only a number of companies, however, can participate in trade shows due to the expense. Slim margins limit the financial resources that companies can pour into marketing, as well as in R&D, production upgrades and certification. A number of supplier, for instance, follow the guidelines of the Business Social Compliance Initiative (BSCI) and the Ethical Trading Initiative (ETI) but are unable to apply for certification due to lack of funds.

Subcontracting continues to be a common practice in the industry, especially in the raw material preparation and the finishing stages. Many exporters of fashion accessories and jewelry still deal with issues related to the consistency of production and quality of output since QC depends mainly on visual inspections.

Bureaucracy in the importation of metal and plastic components such as buckles, straps and chains also remains a concern, causing production delays.

Industry composition

The membership of the Philippine Exporters Confederation indicates there are more than 150 exporters of fashion accessories and jewelry in the country.

The majority of the industry consists of small companies that have fewer than 100 regular employees and assets of less than $300,000. Annual sales range from $10,000 to $300,000.

Midsize enterprises have assets ranging from $300,000 to $2 million. They have 100 to 200 employees and they usually generate between $300,000 and $500,000 in sales each year.

Suppliers with larger workforces and assets record sales exceeding $500,000 annually.

Cebu province in the Central Visayas region is one of the main sources of fashion accessories and jewelry in the Philippines. There are about 100 enterprises in the cities of Cebu, Mandaue and Lapu-Lapu, which are home to several plantations and bodies of water teeming with marine and plant resources.

The province is known for producing talented designers and skilled artisans. Labor costs in Cebu province are also lower than rates in Metro Manila.

The National Capital Region (NCR) is another key sourcing hub for fashion accessories and jewelry. Proximity to international ports and airports facilitate sourcing of raw materials and exports.

Supplier locations map

The highlighted areas on the map show the locations of the head offices and factories of the suppliers featured in this report.

Philippine fashion accessories supplier lcoations map

Philippines Sourcing: Fashion accessories & jewelry 2018 Product features

Philippines Sourcing: Fashion accessories & jewelry product features

Philippines Sourcing: Fashion accessories & jewwelry 2018

• Bags & wallets • Footwear • Fashion jewelry • Other fashion complements

This section offers information on how trends in materials, design and manufacturing are impacting prices offered by Philippine fashion accessories & jewelry suppliers.

Buyers can also learn more about the materials used and the common price ranges of certain designs.

Materials & designsManufacturing & QCPricing
  • Natural materials are common inputs across all product categories.

  • Nature-inspired motifs are popular in fashion jewelry and bags.

  • Recycling and upcycling of materials is a trend among makers.
  • Product safety and environmental impact are major considerations in product development and manufacturing.

  • Suppliers typically follow EU and US standards.

  • Many also comply with the guidelines of the Business Social Compliance Initiative (BSCI) and Ethical Trading Initiative (ETI).
  • Production, marketing and shipping costs, along with exchange rate fluctuations, influence export prices.

  • Low-end and midrange pieces are typically suited for casual or semiformal wear.

  • High-end models are typically handcrafted designs with intricate details.

Materials & designs

Suppliers of fashion accessories and jewelry suppliers in the Philippines select their materials based on the availability of inputs, appropriateness to the item’s function or design, and overall aesthetic appeal. The most important factor, however, is buyer preference.

Natural materials are popular inputs across all product categories. Among the ones typically adopted is abaca, especially in bags, wallets, footwear, scarves and shawls. Amid the high demand from abaca, many manufacturers have turned to buntal and raffia, which are more affordable. Some suppliers use densely woven abaca mixed with cotton.

In the high-end segment, genuine leather is a popular choice in bags, wallets and footwear.

For embellishments and fashion jewelry, the selection includes buffalo horn, bamboo, wood and grass. High-end models can feature semiprecious stones.

Raw material choices for the latest releases are influenced by the eco chic trend and slow fashion movement currently sweeping through the international fashion scene. This trend is part of a wider sociocultural shift in favor of personalized and handcrafted pieces over mass-produced items.

The use of sustainable natural inputs, recycling and upcycling is becoming more popular in the industry amid rising social awareness in the market. G. Designare, for example, upcycles bottles by turning these into pendants. The company also offers necklaces made of bamboo and cogon grass.

In terms of design, nature-inspired motifs are popular in jewelry and bags. IDC Ornamento, for example, uses gold floral and leaf scrolls in its fashion jewelry. GustoKo offers clutches and handbags adorned with colorful handembroidered flamingo and peacock patterns, while The Leather Collection has released a bag patterned after the shape of the ladybug.

Releases also highlight the handcrafted quality of many Philippine-made accessories. Scarves from Narda’s reflect soft blurry patterns in the threads, which can be achieved through traditional handloom weaving. Buntal Ethnic Enterprise uses bold color combinations in its handwoven two-toned handbags, while Tinabuan Arts and Crafts creates unique patterns from the blending of abaca and cotton fibers in the weave.

Original creations are often developed by the owners. A small company would typically enlist two additional staff members to handle research and design or product development, while a midsized enterprise would have a team of five or more to lead R&D. Companies release an average of 10 to 20 new models for every trade show season: fall/winter and summer/spring.

About 70 percent of output are ODM orders. Buyers purchase the supplier’s ready-made designs and request a number of customizations, including color, size, material and packaging. Samples are available for review within 15 to 30 days.

Manufacturing & QC

All materials undergo inspection before acquisition. Once cleared, unprocessed raw materials are washed and treated. The preparation of inputs marks the first formal step in the manufacturing process. This can be done in-house or through subcontractors.

Machines cut, shape and refine the inputs before they are sent in for assembly, which involves gluing, stringing or sewing, and may be outsourced.

After assembly, inspectors check the quality of the output and return defective items for rework. Products that pass quality control are forwarded for finishing, where they are handpainted, dyed, sprayed or laminated. A final inspection is done to clear the item for packaging and delivery.

The manual labor requires the use of knives and molders, and sewing, printing and woodworking machines such as shapers, jig saws, surface planers and radial drills.

Before shipment, suppliers discuss labeling options with buyers to make sure packaging follows the requirements of importing countries. Packaging options include cartons, polybags, plastic wrap, and printed materials. Products are packed individually or in specific quantities depending on the buyer’s preference. Polybags are often used to store items by the dozen before they are packed into boxes.

Manufacturers have specific personnel assigned to manage quality assessments. Inspection can be done internally or at third-party testing facilities. QC involves checking the color, design and texture of products and examining these for defects.

Suppliers textile-based products use Acceptable Quality Limit (AQL) 4.0 in the QC of raw materials. During final inspection of the products, AQL 2.5 is used.

Product safety is one of the major considerations in product development and manufacturing. Companies usually follow the guidelines set by the US and the General Product Safety Directive of the EU. Many also comply with restrictions outlined in the EU’s Registration, Evaluation, Authorization and Restriction of Chemicals (REACH).

Environmental regulations and initiatives are also key factors in R&D and production. Manufacturers using natural materials follow guidelines set in the Convention on International Trade in Endangered Species (CITES), an international treaty that provides a legal framework for regulating the trade of certain species and their by-products and derivatives. Suppliers featured in this report opt for materials taken from farmed animals and plants.

In the EU, two retail initiatives have gained ground: the Business Social Compliance Initiative (BSCI) and Ethical Trading Initiative (ETI). Many Philippine suppliers practice sustainable methods in production, but not all have acquired certificates of compliance with BSCI and ETI due to limited financial resources.

Pricing

The selection of fashion accessories and jewelry from the Philippines comprises models for different price segments. Besides the raw material rates and other production expenses, suppliers consider marketing and shipping costs, along with fluctuations in the Philippine peso-dollar exchange rate, when determining export prices.

Fashion accessories geared toward the low end and midrange are typically pieces that follow the latest fashion trends. The materials adopted are usually widely available and inexpensive. Most designs are made for casual or semiformal wear, but models for formal occasions are also available.

High-end pieces are usually designed to complement formal apparel. Handcrafted designs featuring intricate embroidery, beadwork and other details are found in this segment.

Price guide

Price guide: Clutch bags
Less than $25
Handwoven abaca or raffia exterior; embroidered pattern made of cotton thread or seashell accents; detachable wrist strap
$25 to $40
Handwoven abaca or raffia exterior; handmade pattern made of recycled plastic straw rope; detachable wrist strap
More than $40
Leather exterior; handwoven abaca textile or seashell accents; wrist strap

Click image to enlarge.

Philippine fashion accessories & jewelry 2018
Price guide: Necklaces
Less than $10
Pendant or beaded necklace: seashell, gmelina wood or upcycled paper pendant or beads
$10 to $20
Beaded necklace; wooden or upcycled paper beads
More than $20
Chain necklace; gold-plated chain; semiprecious stone pendant or beads
Philippine fashion accessories & jewelry 2018
Price guide: Shawls
Less than $25
100 % cotton; monochromatic or dual-color design; 7x72in
$25 to $40
100% cotton; monochromatic or dual-color design; 24x72 to 36x72in
More than $40
Philippine silk and piña combination; monochromatic or dual-color design; 22x72in
Philippine fashion accessories & jewelry

Philippine Sourcing: Fashion accessories & jewelry 2018 Supplier survey

Philippine fashion accessories & jewelry Supplier Survey

Philippines Sourcing: Fashion accessories & jewelry 2018

• Bags & wallets • Footwear • Fashion jewelry • Other fashion complements

To give buyers first-hand information from active fashion accessories & jewelry exporters in the Philippines, we have surveyed the manufacturers featured on this site.

Export pricesExport markets & salesProduct trendsChallenges
  • Prices will remain relatively stable in the next six months.

  • More than 50 percent of the featured suppliers will keep quotes at current levels to retain price competitiveness.

  • Companies planning to raise prices will keep adjustments within 10 percent.
  • Export sales projections for the next 12 months are generally optimistic.

  • More than 50 percent of the featured companies expect the EU to be the key market.

  • The US and the Asia-Pacific region will remain key export destinations.

  • The trend for eco-friendly or sustainable natural materials will remain strong.

  • Some makers will go the “green” route by upcycling waste materials such as used paper or glass bottles.

  • Design-wise, several companies are going for elaborate models or those with intricate details.

  • Price competition and rising raw material costs remain major hindrances to export growth.

  • Limited financial resources is also a major challenge because it restricts suppliers from offering more attractive payment options.

  • Many makers are also unable to accept large orders due to limited funds.

Export prices

Prices of fashion accessories and jewelry from the Philippines are expected to remain relatively stable in the next six months. Of the companies featured in this report, 58 percent will keep quotes at current levels to retain price competitiveness and maintain existing buyer relationships.

The remaining suppliers surveyed plan to raise quotes, mainly to account for increases in raw material costs. Leather, for example, has become 3 to 5 percent more expensive in the past six months. Most of these companies, however, intend to cap adjustments at 10 percent.

Philippine fashion accessories & jewelry Survey Export Prices

Export sales & markets

The outlook on export sales for the next 12 months is generally optimistic. More than 50 percent of the surveyed suppliers are expecting increases of up to 10 percent, and 42 percent are anticipating higher growth. These positive projections are fueled by renewed interest in Philippine fashion accessories from the US and Europe, and rising market awareness of environment-friendly products from the country.

More than 50 percent of the featured companies expect the EU to be the key market in coming months. France, Germany, Italy and Portugal are among the markets where exports are expected to grow.

The US and the Asia-Pacific region are also key target markets. Japan is a preferred destination because negotiating payment terms with importers is easy. Companies also plan to increase penetration of China and South Korea, which have large markets.

Efforts to boost sales will include participation in local and international trade shows and outward business missions, and the use of digital marketing tools.

Philippine fashion accessories & jewelry Supplier Survey Export Forecast

Survey results indicate that the trend for environment-friendly or sustainable natural materials will remain strong. In line with this, releases made of abaca, raffia, buntal and banana fibers are anticipated in the next 12 months. At some makers, the trend is geared toward products made of raffia and buntal fibers, which are less costly than abaca.

Some makers will go the “green” route by upcycling waste materials such as used paper or glass bottles and turning these into beads or pendants.

Design-wise, several companies are going for elaborate models or those with intricate details, which usually feature nature-inspired motifs. Among anticipated releases in the coming months are Victorian-style and punk-style fashion jewelry.

Some makers are directing R&D efforts toward enhancing the quality of the dyes used in their products. A number are also considering mechanizing certain processes to enhance productivity and reduce material wastage.

Challenges

Survey results indicate that price competition and rising raw material costs remain major hindrances to export growth. Due to high labor and overhead costs, Philippine products are usually priced two or three times higher than versions from Vietnam, China or Thailand. Rising raw material costs due to high overseas demand for inputs such as abaca, raffia and other natural fibers are making it more difficult for suppliers to compete on price.

Philippine fashion accessories & jewelry Survey Key Findings

Limited financial resources is also a major challenge because it restricts suppliers from offering more attractive payment options. Most companies require 50 percent down payment, which buyers are usually hesitant to agree to, resulting in lost sales opportunity.

Many makers are also unable to accept large orders and apply for certificates of compliance due to limited funds. Efforts to reach the right target buyers and keep up to date with trends related to these buyers are hampered as well.

Philippines Sourcing: Fashion accessories & jewelry PDF download

Philippine fashion accessories & jewelry 2018

Philippines Sourcing: Fashion accessories & jewelry 2018

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Supplier & products

Sections


  • Products
  • Philippine fashion accessories & jewelry suppliers

Industry overview

Sections


  • Highlights
  • Exports
  • Competitive advantages
  • Challenges
  • Industry composition
  • Philippine fashion accessories & jewelry suppliers

Charts


  • Export value & products
  • Supplier locations map

Product features

Sections


  • Highlights
  • Materials & designs
  • Manufacturing & QC
  • Pricing
  • Price guide
  • Philippine fashion accessories & jewelry suppliers

Supplier survey

Sections


  • Highlights
  • Export prices
  • Export sales & markets
  • Product trends
  • Challenges
  • Philippine fashion accessories & jewelry suppliers

Charts


  • Export prices
  • Export forecasts
  • Key findings

Philippines Sourcing: Fashion accessories & jewelry 2018 Supplier list

Philippine fashion accessories & jewelry suppliers

Click company names below marked Active to view verified suppliers and products featured on GlobalSources.com.

Suppliers featured on
Supplier statusBags & walletsFootwearFashion jewelryOther fashion complements
Blue Planet Inc.Active   
Bon-Ace Fashion Tools Inc.Active  
Chelsi Leather and Services Inc.Active  
CVD Ventures Inc. - FloreiaActive   
ElleGe FashionActive 
G. DesignareActive 
GustoKo By Paula Figueras (PCM Figueras Trading Inc) Active  
Hannah's HandicraftActive  
IDC Ornamento JewelleryActive   
Jhaz FootwearActive   
Larone Crafts Inc.Active   
Lumago Designs Handcrafted ProductsActive
Narda's Handwoven Arts and CraftsActive  
Puyo HandicraftsActive   
The Leather Collection Inc.Active   
Tinabuan Arts & CraftsActive