Philippines Home Decor Market (2025-2031) | Outlook, Forecast, Analysis, Revenue, Growth, Industry, Size, Share, Trends, Value, Segmentation

Market Forecast By Product Type (Furniture, Textile, Flooring, Others), By Application Types (Indoor, Outdoor), By Distribution Channels (Supermarkets and Hypermarkets, Home Décor Stores, Gift Shops, Online Stores, Others) And Competitive Landscape

Product Code: ETC006049 Publication Date: Dec 2022 Updated Date: Mar 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Philippines Home Decor Market Competition 2023

Philippines Home Decor market currently, in 2023, has witnessed an HHI of 7359, Which has increased moderately as compared to the HHI of 6631 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Philippines Home Decor Market Competition 2023

Philippines Home Decor Market Highlights

Report Name Philippines Home Decor Market
Forecast period 2025-2031
CAGR 6.5%
Growing Sector Home Interior Design

Topics Covered in the Philippines Home Decor Market Report

Philippines Home Decor Market report thoroughly covers the market by Product Types, by Application Types and by Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Philippines Home Decor Market Synopsis

The Philippines home decor market has experienced steady growth, driven by rising urbanization, increasing disposable incomes, and a growing appreciation for interior design. Consumers are increasingly seeking locally crafted and sustainable decor items that reflect Filipino culture and heritage. The market is characterized by a mix of traditional and modern styles, with strong demand for handcrafted furniture, woven textiles, and natural materials like rattan and bamboo. E-commerce platforms have also played a crucial role in expanding market reach, allowing artisans and businesses to connect with a wider audience both domestically and internationally.

According to 6Wresearch, the Philippines Home Decor Market projected to grow at a CAGR of 6.5% during the forecast period 2025-2031. The Philippines' home decor market has been rapidly growing in recent years, driven by an increase in disposable income, urbanization, and a rising interest in interior design. The younger generation, particularly millennials and Gen Z, are fuelling this demand as they seek to personalize their living spaces with unique and aesthetically pleasing decor. Additionally, the influence of social media and online shopping platforms has created greater awareness and access to a wider variety of home decor products. The rise of condominium living in urban centres has also contributed to heightened demand, as people seek to optimize and beautify smaller spaces with multifunctional and stylish decor items.

Despite its growth, the home decor market in the Philippines faces several challenges. One major issue is the reliance on imported products, which can lead to higher costs due to fluctuating exchange rates and import taxes. This limits affordability for a significant portion of the population. Additionally, local manufacturers often struggle with competition from cheaper imported goods, causing difficulties in sustaining small-scale businesses. Environmental concerns also pose a challenge, as there is increasing pressure on the industry to adopt sustainable practices in the sourcing and production of decor items. Addressing these challenges will be crucial for the long-term growth and resilience of the market.

Philippines Home Decor Market Trends

The Philippines home décor market has experienced steady growth in recent years, driven by a rising middle class and increased urbanization. Consumers are increasingly seeking stylish, functional, and locally inspired home décor items to enhance their living spaces. This market also reflects a growing preference for sustainable materials and handmade designs rooted in Filipino craftsmanship. Here’s a look at the most impactful trends in the market

Sustainability and Eco-Friendly Designs

Consumers are showing a strong inclination toward home décor made from sustainable materials like bamboo, rattan, and reclaimed wood. Eco-conscious buyers are favouring products that align with their values on environmental responsibility.

Locally Inspired and Handcrafted Items

There is a rising demand for traditional Filipino craftsmanship, such as handwoven textiles, artisanal ceramics, and intricate wood carvings. These products not only add authenticity but also celebrate the country’s rich cultural heritage.

Minimalist and Space-Saving Décor

With increasing urbanization and smaller living spaces, homeowners are opting for minimalist designs and multifunctional furniture to maximize comfort and utility without compromising style.

Online Market Growth

The convenience of e-commerce platforms has led to a surge in online purchases of home décor. Consumers enjoy access to a wide array of products, making it easier to find unique items that suit their personal tastes.

DIY and Customization Trends

A growing interest in personalization has encouraged buyers to seek customizable or DIY décor options. This trend allows homeowners to imbue their spaces with a sense of individuality and creativity.

Investment Opportunities in the Philippines Home Decor Market

The Philippines presents a growing opportunity in the home decor market due to its rich tradition of craftsmanship, increasing demand for locally made products, and vibrant tourism industry. With a focus on sustainability and premium quality, Philippine-made decor items are gaining recognition in both local and international markets, making this sector an attractive investment. The market presents several promising opportunities, such as

Rich Craftsmanship Tradition

The Philippines is known for its skilled artisans who create unique and intricate designs in home decor, utilizing natural materials such as rattan, bamboo, and abaca. These handcrafted products appeal to markets seeking authentic and culturally rich items.

Rising Global Demand

The global trend of sustainable and handmade decor has put Philippine products in the spotlight. Export opportunities are increasing as international buyers look for eco-friendly and artisanal goods.

Tourism Impact on Local Sales

Tourism also boosts the home decor market, as visitors often purchase locally made products as souvenirs, helping to support and expand the industry. This creates additional demand and market growth for investors to tap into.

Opportunities in E-Commerce

With the rise of online shopping, Philippine home decor brands have an expanded platform to reach consumers across the globe. This offers scalability and reduced operational constraints for businesses entering the market.

Government Support and Incentives

The Philippine government provides support for small and medium enterprises (SMEs) through financing programs and export assistance, further encouraging investment in this sector.

Leading Players in the Philippines Home Decor Market

The home decor market in the Philippines is vibrant and diverse, with several key players leading the industry. Among these are trusted brands like Our Home, which is renowned for its modern and stylish furnishings, and Dimensione, which focuses on contemporary designs and functionality. Local artisans and businesses such as Industria Edition and ELM’s Furniture also hold significant influence, offering uniquely crafted pieces that celebrate Filipino craftsmanship and heritage. These players contribute to a competitive market, catering to a wide range of styles and preferences for Filipino households.

Government Regulations

The home decor market in the Philippines is subject to various government regulations aimed at ensuring product safety, quality, and environmental compliance. Key oversight comes from agencies like the Department of Trade and Industry (DTI), which enforces standards for consumer goods and labels. Import regulations also play a significant role, with requirements for customs duties, import permits, and clearances for certain materials, especially wood and textiles. Additionally, environmental laws, such as those governed by the Philippine Environmental Policy, regulate the use of sustainable materials to promote eco-friendly practices in manufacturing and design. These regulations collectively shape the industry's operations, promoting both consumer protection and sustainability.

Future Insights of the Philippines Home Decor Market

The home decor market in the Philippines is poised for significant growth in the coming years, driven by urbanization, rising disposable incomes, and a growing interest in interior design. Consumers are increasingly seeking sustainable and locally sourced materials, reflecting the global shift towards eco-friendly decorating trends. The influence of online shopping and social media platforms also provides a boost, allowing local artisans and businesses to reach wider audiences. Additionally, the rise of condominium living is pushing the demand for space-saving and multifunctional decor solutions, shaping how the market evolves to meet modern needs.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Furniture to Dominate the Market - By Product Type

According to Vasu, Senior Research Analyst, 6Wresearch, the Philippines' home decor market is set for significant growth, with furniture leading the way. As a key component of home interiors, furniture contributes heavily to both functional and aesthetic appeal, driving its demand across urban households. Textiles, flooring, and other decor items are also gaining traction, catering to the evolving preferences of consumers seeking personalized and stylish living spaces.

Indoor Applications to Dominate the Market - By Application Types

The indoor segment is projected to dominate the Philippines’ home decor market, fuelled by the rising demand for stylish interiors in residential and commercial spaces. As urbanization accelerates, consumers are investing more in creating comfortable and aesthetically pleasing indoor environments. Meanwhile, the outdoor decor segment is also growing steadily, supported by an increasing focus on enhancing outdoor living spaces such as patios, balconies, and gardens.

Online Stores to Dominate the Market - By Distribution Channels

The online stores segment is expected to witness rapid growth, driven by the convenience of e-commerce and the increasing digital adoption among consumers. Traditional channels, such as supermarkets, hypermarkets, home décor stores, and gift shops, continue to play a substantial role, offering a more tactile and personalized shopping experience. As accessibility to home decor products expands, both online and offline channels are expected to contribute significantly to the market's growth.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024
  • Base Year 2024
  • Forecast Data until 2031
  • Key Performance Indicators Impacting the Market
  • Major Upcoming Developments and Projects

Key Highlights of the Report:

  • Philippines Home Decor Market Outlook
  • Market Size of Philippines Home Decor Market, 2024
  • Forecast of Philippines Home Decor Market, 2031
  • Historical Data and Forecast of Philippines Home Decor Revenues & Volume for the Period 2021 - 2031
  • Philippines Home Decor Market Trend Evolution
  • Philippines Home Decor Market Drivers and Challenges
  • Philippines Home Decor Price Trends
  • Philippines Home Decor Porter's Five Forces
  • Philippines Home Decor Industry Life Cycle
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Product Type for the Period 2021 - 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Furniture for the Period 2021 - 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Textile for the Period 2021 - 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Flooring for the Period 2021 - 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Application Types for the Period 2021 - 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Indoor for the Period 2021 - 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Outdoor for the Period 2021 - 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Distribution Channels for the Period 2021 - 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2021 - 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Home Decor Stores for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Gift Shops for the Period 2021 - 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Online Stores for the Period 2021 - 2031
  • Historical Data and Forecast of Philippines Home Decor Market Revenues & Volume By Others for the Period 2021 - 2031
  • Philippines Home Decor Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Application Types
  • Market Opportunity Assessment By Distribution Channels
  • Philippines Home Decor Top Companies Market Share
  • Philippines Home Decor Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Home Decor Company Profiles
  • Philippines Home Decor Key Strategic Recommendations

Market Segmentation

The report offers a comprehensive study of the subsequent market segments

By Product Type

  • Furniture
  • Textile
  • Flooring
  • Others

By Application Types

  • Indoor
  • Outdoor

By Distribution Channels

  • Supermarkets And Hypermarkets
  • Home Décor Stores
  • Gift Shops
  • Online Stores
  • Others
Philippines Home Decor Market (2025-2031): FAQs
Rising interest in interior design, higher disposable incomes, and social media trends are key drivers, especially with more people working from home.
The market is steadily growing, driven by a focus on aesthetics and a rising middle class with more spending power.
Sustainable décor, multifunctional furniture, artisanal items, and minimalist designs are popular trends.
A growing economy, young population, and booming real estate sector make it an attractive market.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Philippines Home Decor Market Overview
3.1 Philippines Country Macro Economic Indicators
3.2 Philippines Home Decor Market Revenues & Volume, 2021 & 2031F
3.3 Philippines Home Decor Market - Industry Life Cycle
3.4 Philippines Home Decor Market - Porter's Five Forces
3.5 Philippines Home Decor Market Revenues & Volume Share, By Product Type, 2021 & 2031F
3.6 Philippines Home Decor Market Revenues & Volume Share, By Application Types, 2021 & 2031F
3.7 Philippines Home Decor Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F
4 Philippines Home Decor Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Philippines Home Decor Market Trends
6 Philippines Home Decor Market, By Types
6.1 Philippines Home Decor Market, By Product Type
6.1.1 Overview and Analysis
6.1.2 Philippines Home Decor Market Revenues & Volume, By Product Type, 2021 - 2031F
6.1.3 Philippines Home Decor Market Revenues & Volume, By Furniture, 2021 - 2031F
6.1.4 Philippines Home Decor Market Revenues & Volume, By Textile, 2021 - 2031F
6.1.5 Philippines Home Decor Market Revenues & Volume, By Flooring, 2021 - 2031F
6.1.6 Philippines Home Decor Market Revenues & Volume, By Others, 2021 - 2031F
6.2 Philippines Home Decor Market, By Application Types
6.2.1 Overview and Analysis
6.2.2 Philippines Home Decor Market Revenues & Volume, By Indoor, 2021 - 2031F
6.2.3 Philippines Home Decor Market Revenues & Volume, By Outdoor, 2021 - 2031F
6.3 Philippines Home Decor Market, By Distribution Channels
6.3.1 Overview and Analysis
6.3.2 Philippines Home Decor Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021 - 2031F
6.3.3 Philippines Home Decor Market Revenues & Volume, By Home Décor Stores, 2021 - 2031F
6.3.4 Philippines Home Decor Market Revenues & Volume, By Gift Shops, 2021 - 2031F
6.3.5 Philippines Home Decor Market Revenues & Volume, By Online Stores, 2021 - 2031F
6.3.6 Philippines Home Decor Market Revenues & Volume, By Others, 2021 - 2031F
7 Philippines Home Decor Market Import-Export Trade Statistics
7.1 Philippines Home Decor Market Export to Major Countries
7.2 Philippines Home Decor Market Imports from Major Countries
8 Philippines Home Decor Market Key Performance Indicators
9 Philippines Home Decor Market - Opportunity Assessment
9.1 Philippines Home Decor Market Opportunity Assessment, By Product Type, 2021 & 2031F
9.2 Philippines Home Decor Market Opportunity Assessment, By Application Types, 2021 & 2031F
9.3 Philippines Home Decor Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F
10 Philippines Home Decor Market - Competitive Landscape
10.1 Philippines Home Decor Market Revenue Share, By Companies, 2024
10.2 Philippines Home Decor Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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