| Product Code: ETC371609 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines saw a significant increase in folding furniture import shipments in 2024, with top exporting countries including China, Malaysia, South Korea, Singapore, and Japan. The market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 30.63%, indicating a strong demand for folding furniture in the country. Furthermore, the growth rate from 2023 to 2024 stood at 20.13%, showcasing continued expansion and opportunities in the folding furniture market in the Philippines.

The folding furniture market size was estimated at USD 2 million in 2025and is projected to register a CAGR of 5. 1% during the forecast period owing to increasing demand among urban households for space saving furniture solutions that can be used both indoors and outdoors without taking up too much space when not needed. Moreover, growing preference for outdoor recreational activities such as camping has also spurred growth opportunities for manufacturers operating within this sector.
The Philippines folding furniture market is poised for growth due to its space-saving and versatile nature. As urban living spaces become more compact, there is a growing demand for furniture that can be easily folded and stored when not in use. Folding furniture appeals to consumers seeking functional yet stylish solutions for optimizing limited living spaces. The trend of multi-purpose furniture and the influence of interior design trends will contribute to the market`s positive outlook.
The folding furniture market in the Philippines faces distinct challenges. While the space-saving and portable nature of folding furniture is appealing, durability and stability are concerns for many consumers. Cheaply made products flood the market, often resulting in dissatisfaction due to premature wear and tear. Creating a balance between affordability and quality remains a hurdle for manufacturers. Additionally, the perception of folding furniture as temporary or less stylish can impact its adoption in various settings.
The folding furniture market was affected as events, gatherings, and public spaces where such furniture is commonly used were restricted. Homebound consumers sought multi-functional furniture, possibly benefiting certain segments of this market.
Prominent manufacturers in the Philippines folding furniture market, such as FoldNest and SpaceSaver Designs, offer innovative solutions for compact living spaces. These key players specialize in producing folding chairs, tables, and multi-functional furniture pieces. Their designs prioritize versatility, allowing consumers to maximize space utilization without compromising on style and functionality. By catering to the needs of urban dwellers and those with limited space, these companies play a vital role in shaping modern interior design trends.