Research and Markets: Philippines Sourcing Report: Indoor & Outdoor Furniture

* Reuters is not responsible for the content in this press release.

Tue Apr 7, 2009 9:24am EDT

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/587a71/philippines_sourci) has
announced the addition of the "Philippines Sourcing Report: Indoor & Outdoor
Furniture" report to their offering. 

The Philippines is touted as the "Milan of Asia", producing exquisite and
innovative furniture. Aside from design, the wide range of materials used has
attracted buyers looking for one-of-a-kind pieces. Exported models are showcased
as accent pieces in homes, hotels, resorts and offices worldwide. Furniture made
in the Philippines is known for its craftsmanship, structural integrity and
innovative designs. Makers in the country have gained a reputation for producing
unique pieces made of traditional and nontraditional materials. 

This exclusive report answers key industry questions such as:

* What are the latest design and material innovations? 
* What are the newest products available in the market? 
* Will export prices increase in coming months? 
* Where are the key production hubs?

With profiles of 27 confirmed export manufacturers, a comprehensive industry
overview and detailed product and pricing information, this report will answer
these questions, and more. 

What you'll get

* In-depth profiles of 13 major suppliers with a comprehensive look at their
product and pricing strategy, manufacturing and export capability, verified
contact details, and more. This information is not available anywhere else 
* Profile tables of 14 additional suppliers, with key information such as
production capacities, export capabilities and key export markets 
* A Product Gallery featuring 85 full-color images that depict popular furniture
exports, complete with product descriptions, prices, minimum order requirements
and delivery times 
* Results of the custom-designed supplier survey, which forecasts industry
trends for the next 12 months 
* Verified supplier contact details, including names, e-mails, telephone numbers
and websites of profiled makers 
* This report covers the two major types of furniture produced in the
Philippines: indoor and outdoor furniture

The following are some of the key trends we see in the Philippines' indoor and
outdoor furniture industry:

* Exports in the line are expected to see slight growth in the next 12 months,
with suppliers feeling the effects of the housing slowdown 
* Makers will either maintain current prices or increase quotes slightly in the
coming months. The intensifying competition from furniture makers in other
countries in Asia has made Philippine companies cautious of raising product
quotes 
* Many suppliers will continue to concentrate their R&D efforts on material
innovation in coming months. Companies will maintain their focus on locally
available materials as a response to the fluctuating costs of imported materials

* The majority of Philippine-made furniture is currently shipped to the US. This
market concentration, however, may change as a growing number of suppliers
target emerging markets such as Russia, India and other countries in Asia

Key Topics Covered:

* INDUSTRY OVERVIEW 
* INDUSTRY OVERVIEW 
* PRODUCTS & PRICES 
* SUPPLIER SURVEY 
* SUPPLIER PROFILES 
* PRODUCT GALLERY 
* SUPPLIER CONTACT DETAILS

For more information visit
http://www.researchandmarkets.com/research/587a71/philippines_sourci

Source: Global Sources 





Research and Markets
Laura Wood
Senior Manager
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716 

Copyright Business Wire 2009

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