Philippines Furniture Market Outlook 2017-2021 – Rise in Domestic & Export Demand of Furniture Products is Driving the Market – ResearchAndMarkets.com

04-Apr-2018 Intellasia | BusinessWire | 12:13 AM Print This Post

DUBLIN–(BUSINESS WIRE)–The “Philippines
Furniture Market by Type (Home – Bed Room, Living Room, Dining Room,
Kitchen Furniture; Office; Hotel & Industrial), by Sales (Domestic and
Export) – Outlook to 2021″
report has been added to ResearchAndMarkets.com’s
offering.

The furniture market is expected to grow at an impressive rate during
2017-2021. Rise in domestic as well as export demand of furniture
products is anticipated to result in market growth. Since tourism based
enterprises such as hotels, restaurants, museums and leisure service
providers face growing needs to update their amenities; the demand for
unique furniture items is expected to rise sharply. Apart from the
robust hotel sector, construction of more condominiums and residential
houses in the country is expected to drive the growth of the industry in
the coming years. The property sector’s strong growth and families’
easier access to housing credit will also increase demand for household
items and most importantly furniture products.

The furniture industry in Philippines is highly competitive owing to
large number of companies, both domestic and international, offering
furniture products at competitive prices with limited variations in
design and aesthetics. Furniture products of all price segments,
including cheap, mid-segment and luxurious/premium ones are designed by
several manufacturers to cater to customers of all classes. Generally,
manufacturers and retailers focus on targeting a particular customer
segment based on purchasing power of consumers. Despite the presence of
international brands, the unorganized players largely cater to the
furniture demands of the country. They offer cheaper and customized
solutions for furniture needs across the country.

Companies Mentioned

  • Blims Furniture
  • Bonny Furniture
  • Furniture Republic
  • Home Plus
  • Lorenz Furniture
  • Mandaue Foam
  • Murillo
  • Our Home
  • Philux
  • Urban Concepts

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. Value Chain Analysis for Philippines Furniture Market

4. Philippines Furniture Market Overview and Genesis

5. Philippines Furniture Market Size by Revenues, 2012-2016

6. Philippines Furniture Market Segmentation

7. Philippines Home Furniture Market Segmentation

8. Trends and Developments in Philippines Furniture Market

9. Trade Scenario for Philippines Furniture Market

10. Competitive Landscape for Major Players in Philippines Furniture
Market

11. Snapshot on Philippines Online Furniture Market

12. Snapshot on Philippines Children Furniture Market

13. Case Study for Installing Home and Hotel Furniture in Philippines

14. Government Rule and Regulations

15. Entry Barriers in Philippines Furniture Market

16. SWOT Analysis for Philippines Furniture Market

17. Decision Making Criteria in Philippines Furniture Market

18. Supplier Selection Criteria in Philippines Furniture Market

19. Philippines Mattress Market

20. Philippines Furniture Market Future Outlook and Projections,
2017-2021

21. Analyst Recommendations

22. Macroeconomic Factors Impacting Philippines Furniture Market

For more information about this report visit https://www.researchandmarkets.com/research/vklz3v/philippines?w=4

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Related
Topics: Office
Furniture
, Beds
and Bedding

 


Category: BusinessWire, PRAsia

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