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• Future growth of Philippines Pawnshop Market is expected to be led by a surge in the working sector of the country due to requirements of short term cash by salaried class and middle class families. This will also be bolstered by the continued zeal of domestic Filipinos to send money to their families especially at the times of festivals. • The expansion strategies of several pawnshops such as Cebuana Lhuillier, M Lhuillier, Palawan Pawnshop and others, are likely to result in opening up of more locations offering cash remittance services and spreading up their network of pawning.
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