About Phlippines
- By 2024, the Philippine furniture market is anticipated to yield US$829.20 million in revenue, with an annual growth rate of 8.12% (CAGR 2024-2028).
- Given the population of the Philippines, the estimated per person revenue in the furniture market is expected to be US$6.96 in 2024.
- The Philippine real estate market is forecasted to hit US$6.06 trillion by 2024, with an annual growth rate of 2.00% (CAGR 2024-2028).
- 48 new hotel projects with 15, 000 rooms to be built from 2023 to 2028 in the Philippines
- In demand sustainable, comfortable, timeless design, and durable furniture products in the Philippine industry.
