Philippines Furniture Market (2020-2026) | Companies, Value, Analysis, Forecast, COVID-19 IMPACT, Revenue, Trends, Industry, Size, Growth, Outlook & Share

Market Forecast By Material Types (Plastic, Wood, Metal, Other), By Applications (Residential, Commercial) And Competitive Landscape
Product Code: ETC009769 Publication Date: Jun 2023 Updated Date: Apr 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Philippines Furniture Market Size Growth Rate


The Philippines Furniture Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 12.10% in 2025, the market peaks at 17.48% in 2028, and settles at 15.47% by 2029.

Philippines Furniture Market Size Growth Rate

Furniture Market: Philippines vs Top 5 Major Economies in 2027 (Asia)


By 2027, Philippines's Furniture market is forecasted to achieve a exponential growth rate of 16.86%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

Furniture Market: Philippines vs Top 5 Major Economies in 2027 (Asia)

philippines furniture market Synopsis

The Philippines furniture market is expected to register a CAGR of 5.3% during the forecast period 2020-2026. The country?s furniture industry is driven by the growing residential and commercial construction activities, availability of affordable products, increasing awareness about interior designing and changing lifestyles, among others. The growth in online sales channels due to improved internet penetration has also been instrumental in driving the demand for furniture products in the region.

Moreover, a rapid shift towards nuclear families has augmented the demand for space saving furniture such as convertible sofas and beds with storage space which further provides an impetus to the demand for modern and designer furnishings in homes across all income groups. Furthermore, rising disposable incomes have led people to choose premium products leading manufacturers are introducing innovative designs as well as production techniques tailored specifically for this segment of customers. Moreover, stringent regulations regarding formaldehyde emission levels mandated by agencies such as Bureau Veritas (BV) have compelled many local players to upgrade their manufacturing facilities thereby propelling product quality standards upwards while providing opportunities for domestic firms. All these factors are projected to fuel steady growth in local consumption over the forecast period 2020?2026

Key Highlights of the Report:

  • Philippines Furniture Market Outlook
  • Market Size of Philippines Furniture Market, 2019
  • Forecast of Philippines Furniture Market, 2026
  • Historical Data and Forecast of Philippines Furniture Revenues & Volume for the Period 2016 - 2026
  • Philippines Furniture Market Trend Evolution
  • Philippines Furniture Market Drivers and Challenges
  • Philippines Furniture Price Trends
  • Philippines Furniture Porter's Five Forces
  • Philippines Furniture Industry Life Cycle
  • Historical Data and Forecast of Philippines Furniture Market Revenues & Volume By Material Types for the Period 2016 - 2026
  • Historical Data and Forecast of Philippines Furniture Market Revenues & Volume By Plastic for the Period 2016 - 2026
  • Historical Data and Forecast of Philippines Furniture Market Revenues & Volume By Wood for the Period 2016 - 2026
  • Historical Data and Forecast of Philippines Furniture Market Revenues & Volume By Metal for the Period 2016 - 2026
  • Historical Data and Forecast of Philippines Furniture Market Revenues & Volume By Other for the Period 2016 - 2026
  • Historical Data and Forecast of Philippines Furniture Market Revenues & Volume By Applications for the Period 2016 - 2026
  • Historical Data and Forecast of Philippines Furniture Market Revenues & Volume By Residential for the Period 2016 - 2026
  • Historical Data and Forecast of Philippines Furniture Market Revenues & Volume By Commercial for the Period 2016 - 2026
  • Philippines Furniture Import Export Trade Statistics
  • Market Opportunity Assessment By Material Types
  • Market Opportunity Assessment By Applications
  • Philippines Furniture Top Companies Market Share
  • Philippines Furniture Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Furniture Company Profiles
  • Philippines Furniture Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Furniture Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Furniture Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Furniture Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Furniture Market Revenues & Volume, 2019 & 2026F

3.3 Philippines Furniture Market - Industry Life Cycle

3.4 Philippines Furniture Market - Porter's Five Forces

3.5 Philippines Furniture Market Revenues & Volume Share, By Material Types, 2019 & 2026F

3.6 Philippines Furniture Market Revenues & Volume Share, By Applications, 2019 & 2026F

4 Philippines Furniture Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Philippines Furniture Market Trends

6 Philippines Furniture Market, By Types

6.1 Philippines Furniture Market, By Material Types

6.1.1 Overview and Analysis

6.1.2 Philippines Furniture Market Revenues & Volume, By Material Types, 2016 - 2026F

6.1.3 Philippines Furniture Market Revenues & Volume, By Plastic, 2016 - 2026F

6.1.4 Philippines Furniture Market Revenues & Volume, By Wood, 2016 - 2026F

6.1.5 Philippines Furniture Market Revenues & Volume, By Metal, 2016 - 2026F

6.1.6 Philippines Furniture Market Revenues & Volume, By Other, 2016 - 2026F

6.2 Philippines Furniture Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Philippines Furniture Market Revenues & Volume, By Residential, 2016 - 2026F

6.2.3 Philippines Furniture Market Revenues & Volume, By Commercial, 2016 - 2026F

7 Philippines Furniture Market Import-Export Trade Statistics

7.1 Philippines Furniture Market Export to Major Countries

7.2 Philippines Furniture Market Imports from Major Countries

8 Philippines Furniture Market Key Performance Indicators

9 Philippines Furniture Market - Opportunity Assessment

9.1 Philippines Furniture Market Opportunity Assessment, By Material Types, 2019 & 2026F

9.2 Philippines Furniture Market Opportunity Assessment, By Applications, 2019 & 2026F

10 Philippines Furniture Market - Competitive Landscape

10.1 Philippines Furniture Market Revenue Share, By Companies, 2019

10.2 Philippines Furniture Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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