Philippines Hangers Market (2025-2031) Outlook | Size, Companies, Growth, Analysis, Forecast, Value, Revenue, Industry, Share, Trends
Market Forecast By Types (Metal Hanger, Wooden Hanger, Plastic Hangers, Other), By Applications (Personal Use, Commercial Use) And Competitive Landscape
| Product Code: ETC327569 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Philippines Hangers Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Philippines continues to see a high concentration of hanger imports in 2024, with top suppliers being China, Taiwan, Japan, Hong Kong, and Spain. Despite a significant decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -34.56%, there was a notable uptick in the growth rate from 2023 to 2024 at 9.99%. This suggests a potential rebound in the hangers import market in the Philippines.
Philippines Hangers Market Synopsis
The hangers market in the Philippines has experienced stable growth due to its essential role in organizing clothes. The CAGR for this market is projected to be approximately 8.2%.
Drivers of the Market
The hangers market`s growth can be driven by the retail and garment industries, changing fashion trends, and the need for organized and space-efficient closet solutions. Innovations in hanger design and materials also impact market dynamics.
Challenges of the Market
The challenge for the Philippines Hangers Market is in promoting sustainable and space-saving options. Traditional hangers contribute to closet clutter and waste. Developing hangers that are eco-friendly, innovative, and efficient for organizing clothes presents a challenge for manufacturers.
COVID-19 Impact on the Market
The hangers market in the Philippines has been impacted by the closure of retail stores and reduced consumer spending on clothing. The decline in retail activities and overall shopping behavior has led to a decrease in the demand for hangers. The market is expected to recover as retail stores reopen and consumer confidence improves.
Key Players in the Market
In the Philippines Hangers Market, leading companies are The Hillman Group, Mainetti Group, and NAHANCO.
Key Highlights of the Report:
- Philippines Hangers Market Outlook
- Market Size of Philippines Hangers Market, 2024
- Forecast of Philippines Hangers Market, 2031
- Historical Data and Forecast of Philippines Hangers Revenues & Volume for the Period 2021-2031
- Philippines Hangers Market Trend Evolution
- Philippines Hangers Market Drivers and Challenges
- Philippines Hangers Price Trends
- Philippines Hangers Porter's Five Forces
- Philippines Hangers Industry Life Cycle
- Historical Data and Forecast of Philippines Hangers Market Revenues & Volume By Types for the Period 2021-2031
- Historical Data and Forecast of Philippines Hangers Market Revenues & Volume By Metal Hanger for the Period 2021-2031
- Historical Data and Forecast of Philippines Hangers Market Revenues & Volume By Wooden Hanger for the Period 2021-2031
- Historical Data and Forecast of Philippines Hangers Market Revenues & Volume By Plastic Hangers for the Period 2021-2031
- Historical Data and Forecast of Philippines Hangers Market Revenues & Volume By Other for the Period 2021-2031
- Historical Data and Forecast of Philippines Hangers Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Philippines Hangers Market Revenues & Volume By Personal Use for the Period 2021-2031
- Historical Data and Forecast of Philippines Hangers Market Revenues & Volume By Commercial Use for the Period 2021-2031
- Philippines Hangers Import Export Trade Statistics
- Market Opportunity Assessment By Types
- Market Opportunity Assessment By Applications
- Philippines Hangers Top Companies Market Share
- Philippines Hangers Competitive Benchmarking By Technical and Operational Parameters
- Philippines Hangers Company Profiles
- Philippines Hangers Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Philippines Hangers 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 Hangers 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 Hangers Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Hangers Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Hangers Market - Industry Life Cycle |
3.4 Philippines Hangers Market - Porter's Five Forces |
3.5 Philippines Hangers Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines Hangers Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Philippines Hangers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and population growth leading to higher demand for housing and retail spaces. |
4.2.2 Growing awareness about sustainable and eco-friendly products driving the demand for environmentally friendly hangers. |
4.2.3 Rise in disposable income levels leading to higher spending on clothing and accessories. |
4.3 Market Restraints |
4.3.1 Competition from alternative storage solutions like folding racks and storage boxes. |
4.3.2 Fluctuating raw material prices impacting production costs. |
4.3.3 Lack of standardized regulations and quality control measures affecting product quality and consumer trust. |
5 Philippines Hangers Market Trends |
6 Philippines Hangers Market, By Types |
6.1 Philippines Hangers Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Hangers Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Philippines Hangers Market Revenues & Volume, By Metal Hanger, 2021-2031F |
6.1.4 Philippines Hangers Market Revenues & Volume, By Wooden Hanger, 2021-2031F |
6.1.5 Philippines Hangers Market Revenues & Volume, By Plastic Hangers, 2021-2031F |
6.1.6 Philippines Hangers Market Revenues & Volume, By Other, 2021-2031F |
6.2 Philippines Hangers Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Hangers Market Revenues & Volume, By Personal Use, 2021-2031F |
6.2.3 Philippines Hangers Market Revenues & Volume, By Commercial Use, 2021-2031F |
7 Philippines Hangers Market Import-Export Trade Statistics |
7.1 Philippines Hangers Market Export to Major Countries |
7.2 Philippines Hangers Market Imports from Major Countries |
8 Philippines Hangers Market Key Performance Indicators |
8.1 Average selling price of hangers in the market. |
8.2 Percentage of eco-friendly hangers in the overall hangers market. |
8.3 Customer satisfaction and retention rates for hanger manufacturers. |
8.4 Adoption rate of innovative hanger designs and materials. |
8.5 Retail store expansion and renovation projects in the Philippines. |
9 Philippines Hangers Market - Opportunity Assessment |
9.1 Philippines Hangers Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines Hangers Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Philippines Hangers Market - Competitive Landscape |
10.1 Philippines Hangers Market Revenue Share, By Companies, 2024 |
10.2 Philippines Hangers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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