Market Forecast By Applications (Graphic Arts, Case & Carton Sealing, Container Labeling, Envelopes, Flexible packaging, Paper converting, Others), By Types (Solvent borne, Water borne, Solventless, Others) And Competitive Landscape
Product Code: ETC027529 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Philippines Adhesive Paper Market |
Forecast period | 2025-2031 |
CAGR | 6.1% |
Growing Sector | Packaging |
Philippines Adhesive Paper Market report thoroughly covers the market by application and by types. The market outlook 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 Adhesive Paper Market witnessed a strong growth trajectory, fueled by the demand from various sectors such as packaging, labeling, and construction. This market is driven by the rise in manufacturing activities and the expansion of the retail industry, necessitating advanced and efficient adhesive solutions. A notable trend within this industry is the shift towards eco-friendly adhesives, responding to the global call for sustainable business practices.
According to 6Wresearch, the Philippines Adhesive Paper Market size is estimated to grow at a CAGR of 6.1% during the forecast period of 2025-2031. The market is experiencing robust growth due to several key drivers. With the nation's manufacturing sector on the rise and the retail landscape expanding, there is a heightened demand for adhesive products suited for packaging and labeling purposes. The Philippines Adhesive Paper Market Growth is expected to expand as these economic sectors continue to grow. The trend toward sustainability is one of the compelling market trends, with both consumers and regulatory entities pushing for eco-friendly adhesive solutions.
This shift not only creates challenges for existing companies to adapt and innovate but also presents a significant opportunity for new entrants specializing in green adhesives. The main challenges faced by market players include stringent environmental regulations, the rising costs of raw materials, and the need for continuous innovation to meet evolving consumer preferences. Consequently, market opportunities lie in R&D investment, particularly in the development of sustainable adhesives that do not compromise on quality or performance.
The government's active role in elevating the adhesive paper market is evident through policies such as the Comprehensive Automotive Resurgence Strategy (CARS) program, which indirectly promotes local adhesive production by incentivizing automotive manufacturers. Another significant scheme is the Strategic Investment Priority Plan (SIPP) that targets specific segments within manufacturing for tax breaks and duty exemptions, creating a conducive environment for adhesive paper manufacturers. Moreover, the government's push for the "Go Green" projects aligns with global environmental trends, giving impetus to research and development of sustainable adhesive solutions.
In the Philippines Adhesive Paper Market, several key players have established their prominence through innovative products and strategic market presence. United Pulp and Paper Co., Inc. stands out with their extensive line of adhesive paper products catering to various industrial needs. Bostik Philippines, Inc. is renowned for their high-performance adhesives serving both household and commercial sectors. Another notable company is 3M Philippines, which offers a diverse portfolio, including adhesive paper solutions known for their reliability and quality.
The potential for exponential growth in the Philippines adhesive paper industry is anchored on several factors. The rise of e-commerce and online retailing is expected to boost demand for adhesive papers used in packaging and shipping. The gradual shift towards sustainable materials is anticipated to open new avenues for innovation in bio-adhesives. Analysts project that government initiatives, coupled with increased consumer awareness about sustainability, will steer the market towards more green products, positioning the Philippines as a key player in the eco-friendly segment of the global adhesive paper industry.
According to Nikhil, Senior Research Analyst, 6Wresearch, the flexible Packaging segment is dominating the Philippines adhesive paper market share due to the increasing demand for convenient packaging options among consumers and the sector's innovations in prolonging shelf life and enhancing product safety.
By Types, the water-borne segment is witnessing significant growth due to its environmental benefits and compliance with regulatory standards.
The report offers a comprehensive study of the subsequent market segments:
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 Adhesive Paper Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Adhesive Paper Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Adhesive Paper Market - Industry Life Cycle |
3.4 Philippines Adhesive Paper Market - Porter's Five Forces |
3.5 Philippines Adhesive Paper Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.6 Philippines Adhesive Paper Market Revenues & Volume Share, By Types, 2021 & 2031F |
4 Philippines Adhesive Paper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Adhesive Paper Market Trends |
6 Philippines Adhesive Paper Market, By Types |
6.1 Philippines Adhesive Paper Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Philippines Adhesive Paper Market Revenues & Volume, By Applications, 2021-2031F |
6.1.3 Philippines Adhesive Paper Market Revenues & Volume, By Graphic Arts, 2021-2031F |
6.1.4 Philippines Adhesive Paper Market Revenues & Volume, By Case & Carton Sealing, 2021-2031F |
6.1.5 Philippines Adhesive Paper Market Revenues & Volume, By Container Labeling, 2021-2031F |
6.1.6 Philippines Adhesive Paper Market Revenues & Volume, By Envelopes, 2021-2031F |
6.1.7 Philippines Adhesive Paper Market Revenues & Volume, By Flexible packaging, 2021-2031F |
6.1.8 Philippines Adhesive Paper Market Revenues & Volume, By Paper converting, 2021-2031F |
6.2 Philippines Adhesive Paper Market, By Types |
6.2.1 Overview and Analysis |
6.2.2 Philippines Adhesive Paper Market Revenues & Volume, By Solvent borne, 2021-2031F |
6.2.3 Philippines Adhesive Paper Market Revenues & Volume, By Water borne, 2021-2031F |
6.2.4 Philippines Adhesive Paper Market Revenues & Volume, By Solventless, 2021-2031F |
6.2.5 Philippines Adhesive Paper Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Adhesive Paper Market Import-Export Trade Statistics |
7.1 Philippines Adhesive Paper Market Export to Major Countries |
7.2 Philippines Adhesive Paper Market Imports from Major Countries |
8 Philippines Adhesive Paper Market Key Performance Indicators |
9 Philippines Adhesive Paper Market - Opportunity Assessment |
9.1 Philippines Adhesive Paper Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.2 Philippines Adhesive Paper Market Opportunity Assessment, By Types, 2021 & 2031F |
10 Philippines Adhesive Paper Market - Competitive Landscape |
10.1 Philippines Adhesive Paper Market Revenue Share, By Companies, 2024 |
10.2 Philippines Adhesive Paper Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |