In the Global market for furniture, the Philippines
is touted to be the Milan of Asia. The unparalleled design
and craftsmanship of locally-manufactured furniture pieces have earned for
Philippine furniture a prime spot in the world market.
The Philippine furniture industry continues to be one of the country’s highest export sales earners. Based on the latest statistical figures, the industry posted a 4.7% growth in export sales for the 3rd quarter of 2007 the same period in 2006.
This can be accredited to the continued international recognition for excellence in product design and craftsmanship as well as creativity and innovation in the application of materials.
From humble beginnings, the industry has grown to be the vibrant contributor to the economy that it is. It continues to make an impact in this highly competitive market by selling premium quality furniture to the world's middle to high-end furniture markets.
The reality of an increasingly global market is not lost on the industry. Not only is competition from our neighboring countries getting stiff, the industry is also experiencing problems with the flow of its raw materials, as well as a drain in its competency skill base. Despite these, however, prospects for our industry remain good.
Hand-in-hand with the growing niche market is our manufacturers' strong orientation towards the customer. As such, customization and "after-sales services" could easily be developed to form part of a "product package." There is also an abundance of marketing platforms through which the industry and its products may be presented here and overseas. In this manner, our manufacturers would not only be able to keep old buyers but, more importantly, attract new ones - - a crucial ingredient to the survival of our industry.
ALL ROADS LEAD TO THE SM MEGAMALL TRADE HALLS THIS NOVEMBER for the 37th Philippine Furniture and Furnishings Show (PFFS). Considered as one of the oldest and most important consumer furniture and furnishings exhibition in the Philippines, the 37th Edition of the PFFS is expected to draw record exhibitors and crowds during its run. “The [...]
Read More...The RAI was first launched in 2008 but as part of AT Kearney’s 10-year anniversary of the larger GRDI research, it has pulled out seven key lessons learned during a decade of looking at international retail expansion. “Western retailers have not yet grasped the level of growth and are still underestimating the magnitude of the [...]
Read More...Source: LEVEL GREEN design concept Activity: Orientation on Environment Laws and Regulation, Environmental Impact Assessment, Toxic and Hazardous Waste Management, Air Quality Management, Solid Waste Management, Water Quality Management Learning Objective: At the end of the seminar, participants will gain knowledge on government and other legal requirements necessary in the design and manufacture of green furniture. [...]
Read More...Philippine International Trading Center President Ms. Lourdes T. Baua (left) and Chamber of Furniture Industries of the Philippines President Ms. Josefina “Joy” Chua-Cancio (right) seals the Memorandum of Agreement on Common Bonded Warehouse project.
Read More...26 November – 5 December 2010
Megatrade Hall 1, SM Megamall
