| Product Code: ETC8839248 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines continues to see a steady influx of daybed imports, with top exporting countries including China, Malaysia, Japan, Singapore, and Thailand in 2024. Despite high concentration levels, the market has shown a moderate compound annual growth rate of 3.99% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -5.21%, indicating potential shifts in market dynamics. Monitoring these trends closely will be crucial for stakeholders in the daybed import industry in the Philippines.

The daybeds market in the Philippines is evolving, particularly in urban areas where modern living spaces require space-saving furniture solutions. Daybeds, which combine functionality with aesthetics, are becoming a popular choice for both residential and commercial spaces. The rise in demand for multi-functional furniture, as well as an increased focus on interior design and home décor, is contributing to the market`s growth.
The daybeds market is growing, influenced by changing consumer preferences and lifestyle trends. The demand for multifunctional furniture that combines comfort and style is driving sales. Urbanization and the rise of compact living spaces are also contributing factors to the popularity of daybeds.
The daybeds market in the Philippines faces challenges related to competition from other types of furniture and limited consumer awareness about the benefits of daybeds. There is also the challenge of affordability, as many consumers are hesitant to invest in multi-functional furniture. Additionally, the market is affected by fluctuating material costs, which can increase the prices of daybeds. Limited availability of high-quality daybeds locally also poses a challenge for the markets growth.
The Daybeds Market in the Philippines is seeing steady growth, particularly with the growing demand for multi-functional furniture in residential spaces. Daybeds are increasingly popular for their versatility, providing both seating and sleeping options. Investors can explore opportunities in creating stylish, comfortable, and space-efficient daybeds that appeal to urban dwellers and those seeking space-saving solutions for modern homes.
The Philippines daybeds market is growing as the demand for multifunctional furniture increases, particularly in urban areas with smaller living spaces. Government policies promoting the construction and development of residential properties have contributed to the rise in demand for space-saving furniture like daybeds. Additionally, initiatives supporting the local furniture manufacturing industry have helped boost the supply of high-quality, affordable daybeds for consumers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Daybeds Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Daybeds Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Daybeds Market - Industry Life Cycle |
3.4 Philippines Daybeds Market - Porter's Five Forces |
3.5 Philippines Daybeds Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Daybeds Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.7 Philippines Daybeds Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Daybeds Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.9 Philippines Daybeds Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Daybeds Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization leading to smaller living spaces and the need for multifunctional furniture like daybeds. |
4.2.2 Growing trend of home décor and interior design, with daybeds being considered as stylish and functional pieces. |
4.2.3 Rising disposable income allowing consumers to spend on home furnishing items like daybeds. |
4.3 Market Restraints |
4.3.1 High competition in the furniture market leading to price wars and margin pressures. |
4.3.2 Fluctuating raw material prices impacting the cost of production for daybed manufacturers. |
5 Philippines Daybeds Market Trends |
6 Philippines Daybeds Market, By Types |
6.1 Philippines Daybeds Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Daybeds Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Daybeds Market Revenues & Volume, By Indoor, 2021- 2031F |
6.1.4 Philippines Daybeds Market Revenues & Volume, By Outdoor, 2021- 2031F |
6.2 Philippines Daybeds Market, By Size |
6.2.1 Overview and Analysis |
6.2.2 Philippines Daybeds Market Revenues & Volume, By Twin Size, 2021- 2031F |
6.2.3 Philippines Daybeds Market Revenues & Volume, By Queen Size, 2021- 2031F |
6.2.4 Philippines Daybeds Market Revenues & Volume, By King Size, 2021- 2031F |
6.3 Philippines Daybeds Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Daybeds Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Philippines Daybeds Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4 Philippines Daybeds Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Philippines Daybeds Market Revenues & Volume, By Wood, 2021- 2031F |
6.4.3 Philippines Daybeds Market Revenues & Volume, By Metal, 2021- 2031F |
6.5 Philippines Daybeds Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Philippines Daybeds Market Revenues & Volume, By Online, 2021- 2031F |
6.5.3 Philippines Daybeds Market Revenues & Volume, By Offline, 2021- 2031F |
7 Philippines Daybeds Market Import-Export Trade Statistics |
7.1 Philippines Daybeds Market Export to Major Countries |
7.2 Philippines Daybeds Market Imports from Major Countries |
8 Philippines Daybeds Market Key Performance Indicators |
8.1 Customer satisfaction and reviews on daybed comfort, design, and functionality. |
8.2 Number of retailers or online platforms offering a variety of daybed options. |
8.3 Percentage of repeat customers purchasing additional daybed-related accessories or products. |
9 Philippines Daybeds Market - Opportunity Assessment |
9.1 Philippines Daybeds Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Daybeds Market Opportunity Assessment, By Size, 2021 & 2031F |
9.3 Philippines Daybeds Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Daybeds Market Opportunity Assessment, By Material, 2021 & 2031F |
9.5 Philippines Daybeds Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Daybeds Market - Competitive Landscape |
10.1 Philippines Daybeds Market Revenue Share, By Companies, 2024 |
10.2 Philippines Daybeds Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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