Home Furnishings in the Philippines

Home Furnishings in the Philippines

Home furnishings saw a return to growth in 2021, following a steep decline in the previous year when retailers and showrooms adjusted their business hours in support of the lockdown measures and furniture stores were categorised as non-essential businesses and ordered to close temporarily. Despite the upturn in the category’s performance in 2021, sales remained significantly below the levels seen immediately before the outbreak of COVID-19.

Euromonitor International's Home Furnishings in Philippines report offers a comprehensive guide to the size and shape of market demand at a national level. It provides the latest retail sales data (historic date range), allowing you to identify the categories driving growth. It also identifies the leading companies and their brands, and offers strategic analysis of key factors influencing demand - from new product developments, consumer lifestyles, route to market and pricing issues. Forecasts to 2026 illustrate how market demand is expected to evolve in the medium-term


Product coverage: Indoor Living, Lighting, Outdoor Living.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Home Furnishings market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.


Home Furnishings in the Philippines
Euromonitor International
June 2022
List Of Contents And Tables
HOME FURNISHINGS IN THE PHILIPPINES
KEY DATA FINDINGS
2021 DEVELOPMENTS
Return to growth
Digital channels exert a growing influence
SM Retail’s Home World sees strong growth
PROSPECTS AND OPPORTUNITIES
Opportunities for growth
Continued trend towards multi-functionality
Expanding role for e-commerce and social media
CATEGORY DATA
Table 1 Sales of Home Furnishings by Category: Value 2016-2021
Table 2 Sales of Home Furnishings by Category: % Value Growth 2016-2021
Table 3 NBO Company Shares of Home Furnishings: % Value 2017-2021
Table 4 LBN Brand Shares of Home Furnishings: % Value 2018-2021
Table 5 LBN Brand Shares of Light Sources: % Value 2018-2021
Table 6 Distribution of Home Furnishings by Format: % Value 2016-2021
Table 7 Forecast Sales of Home Furnishings by Category: Value 2021-2026
Table 8 Forecast Sales of Home Furnishings by Category: % Value Growth 2021-2026
HOME AND GARDEN IN THE PHILIPPINES
EXECUTIVE SUMMARY
Home and garden in 2021: The big picture
2021 key trends
Competitive landscape
Retailing developments
What next for home and garden?
MARKET DATA
Table 9 Sales of Home and Garden by Category: Value 2016-2021
Table 10 Sales of Home and Garden by Category: % Value Growth 2016-2021
Table 11 NBO Company Shares of Home and Garden: % Value 2017-2021
Table 12 LBN Brand Shares of Home and Garden: % Value 2018-2021
Table 13 Penetration of Private Label in Home and Garden by Category: % Value 2016-2021
Table 14 Distribution of Home and Garden by Format: % Value 2016-2021
Table 15 Distribution of Home and Garden by Format and Category: % Value 2021
Table 16 Forecast Sales of Home and Garden by Category: Value 2021-2026
Table 17 Forecast Sales of Home and Garden by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources

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