Product Code: ETC034069 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines trimming materials market is expected to grow at a significant CAGR of over 5.7% during the forecast period 2025-2031. The increasing demand for automotive and apparel applications, along with growing consumer awareness regarding eco-friendly products are driving the growth of the market. Moreover, rising disposable incomes coupled with changing lifestyle trends are further contributing towards the increased sales of trimming materials in this region
Increasing popularity of natural fabrics such as cotton, wool, silk and linen among fashion designers is likely to drive product growth in this region. Additionally, The development of innovative technologies like digital printing technology has led to an increase in efficiency and cost reduction, which has boosted production rates significantly. Further, growing preference for sustainable textiles due to their durability and aesthetic appeal is also aiding in propelling market growth over the forecast period.
Rapid industrialization across major countries such as China and India have resulted in increased demand for trimming materials from automobile companies as well as other end users including clothing manufacturers etc., thus providing impetus to industry expansion over recent years
High raw material costs associated with certain specialty fabrics have posed challenges on vendors operating within this space. Furthermore, volatile prices associated with some synthetic fabrics may pose difficulties on company revenues going forward into 2031
Some key players operating within Philippines trimming materials market include Kornit Digital Asia Pacific (KDAP), Tenowo GmbH & Co KG, YKK Corporation Japan Ltd., Wuxi Hexin Textile Co Ltd., Guangzhou Jinshi Textile Co Ltd., Foshan Nanhai HongYuXiang Textile Products Limited Company (HYXF), Shenzhen City Maxtex Garment Accessories Inc., Taizhou Zhuoxin Knitting Factory Co Ltd., Ningbo Dibon Outdoor Product Corp Ltd.(DBT) amongst several others
The outbreak of COVID -19 pandemic has posed immense challenges across almost all sectors worldwide; ranging from supply chain disruption owing to restrictions imposed by various governments globally resulting in low labor availability coupled with reduced output capacity affecting overall industry performance adversely during H1 2025
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 Trimming Materials Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Trimming Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Trimming Materials Market - Industry Life Cycle |
3.4 Philippines Trimming Materials Market - Porter's Five Forces |
3.5 Philippines Trimming Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Trimming Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Trimming Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Trimming Materials Market Trends |
6 Philippines Trimming Materials Market, By Types |
6.1 Philippines Trimming Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Trimming Materials Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Trimming Materials Market Revenues & Volume, By Wood, 2021-2031F |
6.1.4 Philippines Trimming Materials Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.5 Philippines Trimming Materials Market Revenues & Volume, By Metal , 2021-2031F |
6.1.6 Philippines Trimming Materials Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Trimming Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Trimming Materials Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Philippines Trimming Materials Market Revenues & Volume, By Non-Residential, 2021-2031F |
7 Philippines Trimming Materials Market Import-Export Trade Statistics |
7.1 Philippines Trimming Materials Market Export to Major Countries |
7.2 Philippines Trimming Materials Market Imports from Major Countries |
8 Philippines Trimming Materials Market Key Performance Indicators |
9 Philippines Trimming Materials Market - Opportunity Assessment |
9.1 Philippines Trimming Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Trimming Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Trimming Materials Market - Competitive Landscape |
10.1 Philippines Trimming Materials Market Revenue Share, By Companies, 2024 |
10.2 Philippines Trimming Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |