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A review of the Philippines Market
  Publish: 2010-01-02 10:50:07      Hits: 1467   
In late November, Rifeng made a business trip to the Philippines for market research. By visiting the local Philconstruct 2009 Fair and meeting local customers and consultants, we collected quite a lot of useful market information and made an agreement with some reliable agents to present our products and systems locally, as currently Rifeng has developed a wide range of products and systems, including Plumbing System, Indoor Climate System, Gas System, Air-conditioning System and Fire Protection System etc.
The most luxury residential building Serendra is installed with Rifeng Plumbing System.
Despite the global economic crisis, the Philippine construction market still keeps growing very fast, you can easily find the buildings under construction located around the city of Manila and nearby with numerous projects in the field of road construction, house building and the construction of office premises are planned. The Makati and Ortigas area are mainly the centres of them, especially in the Fort Bonifacio Global City. It's worthwhile mentioning that one of the highest-end high rise residential building Serendra is using.
Rifeng's multilayer piping and PP-R plumbing systems. This is a strong evidence that Rifeng's insistance on product quality has achieved a public and wide recognition.
The Philconstruct 2009, one of the biggest show in Philippines which was held on the SMX Convention Center in Pasay City between November 12 and 15, was another aspect to look into the local market. The exposition was a great success for us to meet local exhibitors and consultants, after introduction, customers are satisfied with the quality, multi-purpose and easy installation of the Multilayer Piping System. We also found the market is in a big demand for the PPR water line, local customers are looking for PP-R product with European quality and reasonable price, Rifeng is making a great satisfaction to them.
Local exhibitors are satisfied with Rifeng excellent piping systems.
We also took this great opportunity to meet with local air-conditioner suppliers in the fair. It is estimated that 80% of air-conditioners are window-type, the split-type only takes up 20% of the market. However, the status is changing, the windows-type is now expected to reverse the market share in the coming future. Most of the air-conditioning suppliers showed a great interest in our multilayer pipe for
air-conditioning application and expected an affirmative perspective for this innovative product since currently the copper pipe price is going up very fast. With the help of local partner, our full series of piping systems will be entering into the Home Depot and the appliances chain stores in 2010. On the other hand, Rifeng now is also contacting with local convenient stores, we will be helping them to equip with Rifeng's reliable plumbing system.
More and more convenient stores will be installed with Rifeng's Piping systems.
Rifeng is taking every effort in advance and keeping to be the pioneer in the piping industry, we are making a plan to open the local branch office in Manila to provide the following services, technical support, logistics assistance and after-sales services, Brand promotion and spread, advertisings etc. We have a great confidence that probably within 3 year or shorter, Rifeng will be the first one in people's mind when they think about piping, to see how we are connecting you life, please make sure to come and meet us in the Worldbex 2010 and Philconstruct 2010.
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