Standard Insights Unveils Winners of the 2023 Consumer Choice Awards Philippines

Earlier this year, over 1,200 Filipinos participated in a survey to vote for their favorite brands in a wide range of industries. The survey was part of Standard Insights' Consumer Choice Awards 2023, which aims to recognize brands that have earned Filipino consumers' trust and loyalty.

Among the favorite brands of Filipinos, we can find:

Best Mobile Network Operator: Globe Telecom

Prominent telecommunications giant Globe Telecom emerges as the undisputed leader in the telecommunications sector, securing an impressive 41.2% of the overall votes. This is their 2nd consecutive year being recognized, following last year’s sweep at the&nbsp;<a href="https://standard-insights.com/awards/philippines/globe/">Mobile Network Operator Awards 2022</a>.&nbsp; &nbsp;

Best Retail Bank:&nbsp;BDO Unibank

Full-service universal bank BDO Unibank stands as the favored retail banking brand, commanding a significant 33.0% of the votes.

Best Retail Insurance:&nbsp;Sun Life

Insurance provider Sun Life distinguishes itself as the favored insurance brand with an endorsement from 25.3% of the participants.

Local beer icon San Miguel secures its position as the favored local beer with a substantial 52.8% of the votes.

Best International Beer:&nbsp;Heineken

Global brewing powerhouse Heineken wins over consumer hearts as the preferred international beer, capturing an impressive 54.1% of the votes.

Best Retail Oil &amp; Gas Brand:&nbsp;Petron

Leading fuel and energy leader Petron claims the top position within the oil and gas segment, amassing an impressive 45.7% of the votes.

Best Food &amp; Beverage Delivery App:&nbsp;Foodpanda

Well-established food delivery platform Foodpanda dominates the food delivery category, capturing an impressive 56.2% of the votes.

Ride-hailing frontrunner Grab emerges as the premier transportation app, receiving a commendable 70.2% of the votes.

“The Philippines has known a momentous year with a new election, a significant impact on inflation, and COVID-19 issues that may have changed the way people consume. We are glad to have launched these awards in the Philippines to give brands insights into what people are thinking at the top of their minds and to reward them for their efforts. We are excited to see how the next editions will unfold,” said Florian Gaudel, Founder &amp; CEO of Standard Insights.&nbsp;

The 2023 Consumer Choice Awards not only honour the brands that have achieved consumer trust but also set a definitive benchmark for others striving to excel in the Philippines’ competitive market. This recognition underscores the impact these brands have made on consumers and their commitment to delivering top-notch products and services. 

For more information about the 2023 Consumer Choice Awards and the list of winners, please visit: <a href="https://standard-insights.com/awards/philippines/">https://standard-insights.com/awards/philippines/</a>

The Consumer Choice Awards by Standard Insights is an initiative that proudly recognizes brands that prioritize the needs and opinions of their customers resulting in being the top choice in their respective industries. The awards are based on a strict methodology involving real respondents, making the evaluation process fair and impartial.

<h1>Filipino Consumers Name Their Favorite Brands of 2023</h1>Discover the results of the 2023 Consumer Choice Award, which surveyed 1,200 Filipinos about their opinions towards multiple brands on various major industries and topics.<h2>Standard Insights Unveils Winners of the 2023 Consumer Choice Awards Philippines</h2>Earlier this year, over 1,200 Filipinos participated in a survey to vote for their favorite brands in a wide range of industries. The survey was part of Standard Insights' Consumer Choice Awards 2023, which aims to recognize brands that have earned Filipino consumers' trust and loyalty.<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/857f17ab51bf7c869a1679a9f5d5bf3a3d44bb4cdb51a876ad581891ae37cde2/1080x566-ph%20%281%29.jpg" alt="Image"/>Among the favorite brands of Filipinos, we can find:Best Mobile Network Operator: Globe TelecomProminent telecommunications giant Globe Telecom emerges as the undisputed leader in the telecommunications sector, securing an impressive 41.2% of the overall votes. This is their 2nd consecutive year being recognized, following last year’s sweep at the&nbsp;<a href="https://standard-insights.com/awards/philippines/globe/">Mobile Network Operator Awards 2022</a>.&nbsp; &nbsp;Best Retail Bank:&nbsp;BDO UnibankFull-service universal bank BDO Unibank stands as the favored retail banking brand, commanding a significant 33.0% of the votes.Best Retail Insurance:&nbsp;Sun LifeInsurance provider Sun Life distinguishes itself as the favored insurance brand with an endorsement from 25.3% of the participants.Best Local Beer:&nbsp;San MiguelLocal beer icon San Miguel secures its position as the favored local beer with a substantial 52.8% of the votes.Best International Beer:&nbsp;HeinekenGlobal brewing powerhouse Heineken wins over consumer hearts as the preferred international beer, capturing an impressive 54.1% of the votes.Best Retail Oil &amp; Gas Brand:&nbsp;PetronLeading fuel and energy leader Petron claims the top position within the oil and gas segment, amassing an impressive 45.7% of the votes.Best Food &amp; Beverage Delivery App:&nbsp;FoodpandaWell-established food delivery platform Foodpanda dominates the food delivery category, capturing an impressive 56.2% of the votes.Best Transportation App: GrabRide-hailing frontrunner Grab emerges as the premier transportation app, receiving a commendable 70.2% of the votes.“The Philippines has known a momentous year with a new election, a significant impact on inflation, and COVID-19 issues that may have changed the way people consume. We are glad to have launched these awards in the Philippines to give brands insights into what people are thinking at the top of their minds and to reward them for their efforts. We are excited to see how the next editions will unfold,” said Florian Gaudel, Founder &amp; CEO of Standard Insights.&nbsp;The 2023 Consumer Choice Awards not only honour the brands that have achieved consumer trust but also set a definitive benchmark for others striving to excel in the Philippines’ competitive market. This recognition underscores the impact these brands have made on consumers and their commitment to delivering top-notch products and services. For more information about the 2023 Consumer Choice Awards and the list of winners, please visit: <a href="https://standard-insights.com/awards/philippines/">https://standard-insights.com/awards/philippines/</a>About the Consumer Choice AwardsThe Consumer Choice Awards by Standard Insights is an initiative that proudly recognizes brands that prioritize the needs and opinions of their customers resulting in being the top choice in their respective industries. The awards are based on a strict methodology involving real respondents, making the evaluation process fair and impartial.Standard Insights offers accurate and comprehensive consumer insights utilizing the latest ad-tech infrastructure and Al-powered system. Our team of experts reaches real, representative respondents to give our clients the confidence they need when making important decisions about their brand's future.Standard Insights
Rémi Marié
Head of Digital
remi@standard-insights.com

Soft Drinks / Alcoholic drinks

Electricity / Gas / Resources / Energy

Mobile app

Banks / Credit unions

Telecommunications / VoIP

Discover the results of the 2023 Consumer Choice Award, which surveyed 1,200 Filipinos about their opinions towards multiple brands on various major industries and topics.

Filipino Consumers Name Their Favorite Brands of 2023

What's holding Filipinos back from traveling? Study reveals top concerns

The travel and tourism industry in the Philippines is a crucial driver of economic growth, the country is looking for a strong comeback after facing significant challenges during the COVID-19 pandemic.

In 2019, the industry contributed a remarkable 12.7% to the country's GDP, amounting to PhP 2.48 trillion, and employed around 5.7 million Filipinos, making it a vital source of income for local communities.

However, the COVID-19 pandemic dealt a severe blow to the sector, causing massive disruptions and job losses over the past few years. In 2021, the sector was only able to contribute 5.2% to the country’s GDP. Tourism employment in 2021 also took a nosedive at an estimated 4.90 million, which, while higher than the 4.68 million recorded in 2020, is still significantly lower than pre-COVID numbers.

Amidst the adversity, promising signs of recovery are evident. According to a <a href="https://standard-insights.com/consumer-reports/philippines-2023/">new study by Standard Insights</a>, 76.63% of Filipinos feel safe and secure when traveling internationally despite the COVID-19 situation. Only 6.2% feel insecure about international travel this year. This resurgence of confidence signals a potential revival of the travel and tourism industry.

However, the study also revealed that the increased pricing of travel has become the biggest worry of 67.48% of Filipinos about travel in 2023, particularly with inflation and soaring commodity prices looming in the backdrop. This signifies the growing financial constraints of Filipinos, as they are now finding it more difficult to afford to travel.

Nonetheless, industry experts and government officials remain optimistic about the sector's recovery. They are determined to capitalize on the newfound confidence among Filipino travellers and collaborate closely with businesses and the local community to rejuvenate the industry, reigniting economic growth. The collective efforts of businesses, government agencies, and the Filipino community will be vital in ensuring a successful comeback for the travel and tourism industry in the Philippines.

"The travel industry has always been a major driver of economic growth in the Philippines. However, our insights show that people are now more concerned about the rising cost of travel than they are about health and safety issues, which were a top concern last year. I am convinced that the tourism industry will rebound, and I am eager to see how the public's opinion and behavior evolve in the coming months." –&nbsp;Florian Gaudel, Founder &amp; CEO of Standard Insights

<h1>Philippine Travel and Tourism Industry: Ready for Takeoff</h1>A new study shows that Filipinos are now more confident about traveling internationally, despite the COVID-19 situation. However, the rising cost of travel remains a major concern.<h2>What's holding Filipinos back from traveling? Study reveals top concerns</h2>The travel and tourism industry in the Philippines is a crucial driver of economic growth, the country is looking for a strong comeback after facing significant challenges during the COVID-19 pandemic.In 2019, the industry contributed a remarkable 12.7% to the country's GDP, amounting to PhP 2.48 trillion, and employed around 5.7 million Filipinos, making it a vital source of income for local communities.However, the COVID-19 pandemic dealt a severe blow to the sector, causing massive disruptions and job losses over the past few years. In 2021, the sector was only able to contribute 5.2% to the country’s GDP. Tourism employment in 2021 also took a nosedive at an estimated 4.90 million, which, while higher than the 4.68 million recorded in 2020, is still significantly lower than pre-COVID numbers.Amidst the adversity, promising signs of recovery are evident. According to a <a href="https://standard-insights.com/consumer-reports/philippines-2023/">new study by Standard Insights</a>, 76.63% of Filipinos feel safe and secure when traveling internationally despite the COVID-19 situation. Only 6.2% feel insecure about international travel this year. This resurgence of confidence signals a potential revival of the travel and tourism industry.<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/099d279c9332e7747c90c31b96f5731f402229665808b0e7208a225faa43e704/3%20%2834%29.jpg" alt="Standard Insights' survey results revealing Filipinos' level of safety when travelling internationally with COVID-19"/>However, the study also revealed that the increased pricing of travel has become the biggest worry of 67.48% of Filipinos about travel in 2023, particularly with inflation and soaring commodity prices looming in the backdrop. This signifies the growing financial constraints of Filipinos, as they are now finding it more difficult to afford to travel.<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/614a94095f1150e0943095ffc7ce07e8cd4529d3bf0580cc3876144a43072ccf/4%20%2826%29.jpg" alt="Standard Insights' survey results revealing Filipinos' biggest worries about travel in 2023"/>Nonetheless, industry experts and government officials remain optimistic about the sector's recovery. They are determined to capitalize on the newfound confidence among Filipino travellers and collaborate closely with businesses and the local community to rejuvenate the industry, reigniting economic growth. The collective efforts of businesses, government agencies, and the Filipino community will be vital in ensuring a successful comeback for the travel and tourism industry in the Philippines."The travel industry has always been a major driver of economic growth in the Philippines. However, our insights show that people are now more concerned about the rising cost of travel than they are about health and safety issues, which were a top concern last year. I am convinced that the tourism industry will rebound, and I am eager to see how the public's opinion and behavior evolve in the coming months." –&nbsp;Florian Gaudel, Founder &amp; CEO of Standard InsightsStandard Insights is a market research firm that offers the best quality consumer insights using an innovative methodology. Our team of experts reaches real, representative respondents to give our clients the confidence they need when making important decisions about their brand's future.Standard Insights
Rémi Marié
Head of Digital
remi@standard-insights.com

Marketing / Research

Hotels / inns

Travel / Sightseeing

Airlines / Aviation

Government offices / organizations

A new study shows that Filipinos are now more confident about traveling internationally, despite the COVID-19 situation. However, the rising cost of travel remains a major concern.

Philippine Travel and Tourism Industry: Ready for Takeoff

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Standard Insights is a global leader in consumer research, providing brands with reliable insights to navigate the evolving marketplace confidently. Using a blend of digital and physical strategies and leveraging AI for precise data analysis, it transforms consumer voices into actionable data. Standard Insights specializes in delivering transparent, high-quality market research services, offering not only data but also in-depth insights into consumer preferences, competitive landscapes, and potential growth avenues. 