| Product Code: ETC422065 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines Staple Fibre Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 1.77% in 2025, growth builds up to 3.17% by 2029.

Philippines's Staple Fibre market is anticipated to experience a stable growth rate of 2.55% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

The Philippines is one of the most dynamic and vibrant fibre markets in Southeast Asia. Demand for staple fibres has been on a steady rise over recent years, due to increasing consumer spending. The demand for cotton, viscose rayon and polyester staple fibres have also grown significantly during this period as well. In 2025, it was reported that demand for these three types of staple fibres rose by 4% compared to previous years. As more people continue to enter the middle-class range, demand is expected to keep growing at a healthy rate.
The Philippines staple fibre market is propelled by several key drivers that contribute to its growth and vitality. These drivers include a burgeoning demand for textile materials across various industries, ranging from apparel and home textiles to industrial applications. Additionally, the country`s strong agricultural sector and abundant raw material resources provide a solid foundation for staple fibre production. The growing population and increasing disposable income also play a significant role in driving demand for textile products, further bolstering the staple fibre market.
The Philippines staple fibre market faces various challenges that impact its growth and stability. These include fluctuations in raw material availability, market demand, and competitive pressures. Ensuring a consistent supply of quality raw materials for staple fibre production is often hindered by factors like weather conditions, affecting agricultural production. Additionally, meeting the varying demands of end-users while remaining cost-effective presents a challenge in this market.
The Philippines staple fibre market has navigated a dynamic landscape shaped by the ongoing COVID-19 pandemic. The initial impact of the pandemic led to disruptions across the supply chain, affecting the production and distribution of staple fibres. Lockdowns and restrictions hampered manufacturing activities, leading to a temporary decline in production capacity. Furthermore, reduced consumer spending on non-essential goods during the pandemic resulted in fluctuating demand for textile products, directly influencing the staple fibre market.
Key players in the Philippines staple fibre market are Lotus Yarns Corporation (LYC), Mayon Corp., Viscose International Incorporation (VII), Lloyd`s Pactrom International Corporation (LPIC), Primavera Marketing Corpoartion (PMC) and Handyman Industrial Fabrics Incorporated.
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 Staple Fibre Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Staple Fibre Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Staple Fibre Market - Industry Life Cycle |
3.4 Philippines Staple Fibre Market - Porter's Five Forces |
3.5 Philippines Staple Fibre Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Philippines Staple Fibre Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Philippines Staple Fibre Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Staple Fibre Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Philippines Staple Fibre Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly textile materials in the Philippines |
4.2.2 Growth in the textile and apparel industry in the region |
4.2.3 Government initiatives promoting the use of locally produced staple fibers |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from imported staple fibers in the market |
5 Philippines Staple Fibre Market Trends |
6 Philippines Staple Fibre Market, By Types |
6.1 Philippines Staple Fibre Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Philippines Staple Fibre Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Philippines Staple Fibre Market Revenues & Volume, By Natural, 2021-2031F |
6.1.4 Philippines Staple Fibre Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 Philippines Staple Fibre Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Staple Fibre Market Revenues & Volume, By Cotton, 2021-2031F |
6.2.3 Philippines Staple Fibre Market Revenues & Volume, By Cellulosic, 2021-2031F |
6.2.4 Philippines Staple Fibre Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.5 Philippines Staple Fibre Market Revenues & Volume, By Wool, 2021-2031F |
6.2.6 Philippines Staple Fibre Market Revenues & Volume, By Nylon, 2021-2031F |
6.2.7 Philippines Staple Fibre Market Revenues & Volume, By Jute, 2021-2031F |
6.2.8 Philippines Staple Fibre Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Philippines Staple Fibre Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Staple Fibre Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Staple Fibre Market Revenues & Volume, By Home Textile, 2021-2031F |
6.3.3 Philippines Staple Fibre Market Revenues & Volume, By Apparels, 2021-2031F |
6.4 Philippines Staple Fibre Market, By End Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Philippines Staple Fibre Market Revenues & Volume, By Textile, 2021-2031F |
6.4.3 Philippines Staple Fibre Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Philippines Staple Fibre Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 Philippines Staple Fibre Market Revenues & Volume, By Furniture, 2021-2031F |
6.4.6 Philippines Staple Fibre Market Revenues & Volume, By Personal Care & Hygiene, 2021-2031F |
6.4.7 Philippines Staple Fibre Market Revenues & Volume, By Agriculture, 2021-2031F |
7 Philippines Staple Fibre Market Import-Export Trade Statistics |
7.1 Philippines Staple Fibre Market Export to Major Countries |
7.2 Philippines Staple Fibre Market Imports from Major Countries |
8 Philippines Staple Fibre Market Key Performance Indicators |
8.1 Average selling price of staple fibers in the Philippines |
8.2 Adoption rate of sustainable practices in the textile industry |
8.3 Number of partnerships between local fiber producers and textile manufacturers |
8.4 Percentage of textile products using locally produced staple fibers |
9 Philippines Staple Fibre Market - Opportunity Assessment |
9.1 Philippines Staple Fibre Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Philippines Staple Fibre Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Philippines Staple Fibre Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Staple Fibre Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Philippines Staple Fibre Market - Competitive Landscape |
10.1 Philippines Staple Fibre Market Revenue Share, By Companies, 2024 |
10.2 Philippines Staple Fibre Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |