A lot of people are curious as to how this section of the Baguio City Public Market got its name.
The answer is simpler than you'd think. In 1955, an aircraft hangar (yes, a literal hangar) was moved into the location to serve as a selling place for local vendors. The place was referred to as Hangar Market and the name stuck to this day.
Today, the market has stalls selling all sorts of goods from flowers to vegetables to ground coffee.
So yeah, it's not because "hangers" are sold here. Adding to the confusion is the fact that there's a lot of clothes and hangers being sold in the nearby stalls and shops.