Product Code: ETC034669 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines tables market is expected to grow at a CAGR of 6.1% from 2025 to 2031. The increasing population, rising disposable incomes, and changing lifestyle trends are the primary drivers contributing to the growth of the market in this country. Moreover, growing awareness about ergonomics and home d?cor has been boosting demand for stylish furniture with various designs and shapes including tables in recent years. Additionally, large-scale investments in commercial infrastructure projects such as hotels and restaurants have also bolstered the sales of tables in this region over recent years
Increasing number adjustments retail stores selling household goods including dining sets & other living room furniture products across major cities. Additionally, Favorable government initiatives taken up promote local manufacturing industries owing high custom duties charged on imported goods. Further, growing tourism industry will generate huge potential opportunities for hospitality sector which would further drive utilization rate for restaurant & hotel furnishings.
However, unfavorable economic conditions caused by COVID-19 pandemic might hinder the growth prospects of the Philippines table market over short-term period due to decreased consumer spending on nonessential items coupled with restrictions imposed during lockdown period across different parts of country
Ikea (Sweden), Ashley Furniture Industries Inc (US), Home Credit (Philippines), Price Smart Furnitures Pvt Ltd Mindanao Ave., Metro Manila etc are some leading players active in Philippines Table Market . Other prominent vendors includes China National Offshore Oil Corporation , Wood Brothers , Dream Line Interiors , El Dorado Furniture etc
The Covid 19 pandemic crisis has adversely affected production activities which had led supply shortages both domestically as well internationally thereby resulting price fluctuation at global level . Further stringent stay home orders issued by respective governments have restricted people movement causing decline revenue generation all sectors primarily affecting hospitality industry thus impacting overall demand for table sale negatively
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 Tables Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Tables Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Tables Market - Industry Life Cycle |
3.4 Philippines Tables Market - Porter's Five Forces |
3.5 Philippines Tables Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines Tables Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Philippines Tables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Tables Market Trends |
6 Philippines Tables Market, By Types |
6.1 Philippines Tables Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Tables Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Philippines Tables Market Revenues & Volume, By Fabric, 2021-2031F |
6.1.4 Philippines Tables Market Revenues & Volume, By Leather, 2021-2031F |
6.1.5 Philippines Tables Market Revenues & Volume, By Metal, 2021-2031F |
6.1.6 Philippines Tables Market Revenues & Volume, By Wooden, 2021-2031F |
6.1.7 Philippines Tables Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Tables Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Tables Market Revenues & Volume, By Family, 2021-2031F |
6.2.3 Philippines Tables Market Revenues & Volume, By Office, 2021-2031F |
6.2.4 Philippines Tables Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Tables Market Import-Export Trade Statistics |
7.1 Philippines Tables Market Export to Major Countries |
7.2 Philippines Tables Market Imports from Major Countries |
8 Philippines Tables Market Key Performance Indicators |
9 Philippines Tables Market - Opportunity Assessment |
9.1 Philippines Tables Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines Tables Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Philippines Tables Market - Competitive Landscape |
10.1 Philippines Tables Market Revenue Share, By Companies, 2024 |
10.2 Philippines Tables Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |