Product Code: ETC099708 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The rocker chair market in Philippines is expected to grow at a CAGR of 6%, driven by rising disposable income among consumers coupled with changing lifestyle habits which have resulted into shift towards comfort furniture and home decor items. These chairs offer great design aesthetics apart providing enhanced seating comfort when compared traditional chairs which is further boosting its popularity among young millennials who form major chunk off target group. Additionally ,growing preference towards outdoor activities especially picnics also helps spur growth prospects within this segment.
In the Philippines Rocking Chairs market, several drivers influence its growth. The desire for comfortable and ergonomic furniture solutions drives the demand for rocking chairs, as they provide a soothing and relaxing experience. The cultural significance of rocking chairs as symbols of leisure and relaxation contributes to their popularity. Moreover, the shift towards more mindful and cozy home environments in interior design trends enhances the demand for these classic pieces. Rocking chairs also find utility in spaces like nurseries and elderly care, further driving their adoption in homes and institutions.
The Philippines Rocking Chairs market encounters certain challenges that affect manufacturers and consumers alike. One of the key challenges is the need to strike a balance between traditional craftsmanship and modern design trends, catering to diverse consumer preferences. Availability of sustainable and high-quality materials for construction is another challenge, especially as the market emphasizes environmental consciousness. Manufacturing costs and transportation logistics can impact pricing, making it essential for manufacturers to streamline their processes while maintaining quality. Lastly, educating the market about the ergonomic benefits of rocking chairs and dispelling misconceptions can be challenging, as potential customers may not fully understand the value and comfort that these chairs offer.
The Philippines Rocking Chairs market encountered significant disruptions due to the COVID-19 pandemic. With lockdowns and movement restrictions in place, the demand for furniture, including rocking chairs, was initially affected as retail stores and furniture outlets faced closures. Key players in this market, such as ComfortCraft Furniture, HomeBlend Innovations, and RelaxationEssentials Corporation, had to adjust their operations and distribution channels to cater to the changing consumer behavior. As people spent more time at home, there was a shift towards home improvement and comfort-driven purchases, including furniture. This shift led to an eventual rebound in demand for rocking chairs as consumers sought relaxation and cozy seating options within their homes. Manufacturers also focused on online platforms and contactless delivery to reach customers effectively.
Prominent players in the Philippines Rocking Chairs market, primarily from the furniture and home decor sectors, play a significant role in producing and supplying comfortable and stylish rocking chairs. Companies such as RockingComfort Furnishings, HomeDecor Innovations, and FurnitureCraft Corporation contribute significantly to offering chairs that provide relaxation and a touch of nostalgia. These key players offer essential furniture pieces that enhance comfort and aesthetic appeal in living spaces.
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 Rocking Chairs Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Rocking Chairs Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Rocking Chairs Market - Industry Life Cycle |
3.4 Philippines Rocking Chairs Market - Porter's Five Forces |
3.5 Philippines Rocking Chairs Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines Rocking Chairs Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Rocking Chairs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Rocking Chairs Market Trends |
6 Philippines Rocking Chairs Market, By Types |
6.1 Philippines Rocking Chairs Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Rocking Chairs Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Philippines Rocking Chairs Market Revenues & Volume, By Metal, 2021-2031F |
6.1.4 Philippines Rocking Chairs Market Revenues & Volume, By Fabric, 2021-2031F |
6.1.5 Philippines Rocking Chairs Market Revenues & Volume, By Leather, 2021-2031F |
6.1.6 Philippines Rocking Chairs Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.7 Philippines Rocking Chairs Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Rocking Chairs Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Rocking Chairs Market Revenues & Volume, By Department Stores, 2021-2031F |
6.2.3 Philippines Rocking Chairs Market Revenues & Volume, By Grocery Stores and Supermarkets, 2021-2031F |
6.2.4 Philippines Rocking Chairs Market Revenues & Volume, By Warehouse Retailers, 2021-2031F |
6.2.5 Philippines Rocking Chairs Market Revenues & Volume, By Convenience Retailer, 2021-2031F |
6.2.6 Philippines Rocking Chairs Market Revenues & Volume, By Discount Retailer, 2021-2031F |
6.2.7 Philippines Rocking Chairs Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Rocking Chairs Market Import-Export Trade Statistics |
7.1 Philippines Rocking Chairs Market Export to Major Countries |
7.2 Philippines Rocking Chairs Market Imports from Major Countries |
8 Philippines Rocking Chairs Market Key Performance Indicators |
9 Philippines Rocking Chairs Market - Opportunity Assessment |
9.1 Philippines Rocking Chairs Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines Rocking Chairs Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Rocking Chairs Market - Competitive Landscape |
10.1 Philippines Rocking Chairs Market Revenue Share, By Companies, 2024 |
10.2 Philippines Rocking Chairs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |