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.
This 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.
This 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.
Table of Contents
KEY DATA FINDINGS2021 DEVELOPMENTS
- Return to growth
- Digital channels exert a growing influence
- SM Retail’s Home World sees strong growth
- Opportunities for growth
- Continued trend towards multi-functionality
- Expanding role for e-commerce and social media
- 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
EXECUTIVE SUMMARY
- Home and garden in 2021: The big picture
- 2021 key trends
- Competitive landscape
- Retailing developments
- What next for home and garden?
- 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
- Summary 1 Research Sources
