Desks & Chairs - Philippines
Philippines- In the Philippines, the revenue generated in the Desks & Chairs market is recorded at US$30.86m in 2024.
- According to projections, this market is anticipated to experience an annual growth rate of 2.50% between 2024 and 2029 (CAGR 2024-2029).
- When compared globally, United States stands out as the country with the highest revenue in this segment, reaching a staggering US$14bn in 2024.
- To put this into perspective, in 2024, the per person revenue in the Philippines amounts to US$0.26, taking into consideration the country's total population figures.
- Due to the rise of remote work in the Philippines, there is a growing demand for ergonomic desks and chairs to support a comfortable home office setup.
- Key regions:
- Germany,
- United Kingdom,
- Brazil,
- China,
- Denmark
Definition:
A comfortable chair that provides comfortable seating as well as a desk with space for documents and a desktop computer or laptop are essential for the office environment. This market segment includes swivel seats, office stools, and office desks. However, furniture such as dining chairs, tables, and sofas which are not specifically used for work are excluded from this market.
Additional Information:
The Desks & Chairs subsubsegment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This subsubsegment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.
In-Scope
- Office chairs and swivel seats
- Office desks and tables
- Office stools
Out-Of-Scope
- Lamps and lighting
- Dining and bar tables
- Sofas and dining chairs
- Cushions and chair coverings
