| Product Code: ETC8854971 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continues to see significant imports of wooden decking, with top exporters including Japan, China, South Korea, USA, and Hong Kong. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentration, the market experienced a negative compound annual growth rate (CAGR) of -7.58% from 2020 to 2024. However, there was a substantial growth rate of 200.72% from 2023 to 2024, suggesting a recent surge in demand or supply chain dynamics. These figures highlight the dynamic nature of the wooden decking import market in the Philippines.
The wooden decking market in the Philippines is driven by demand from residential, commercial, and hospitality construction projects. With a growing appreciation for outdoor living spaces, especially in resorts and high-end homes, the market is seeing steady growth. Tropical hardwoods like teak and mahogany are preferred for durability, though composite alternatives are gaining ground due to their weather resistance and lower maintenance. Environmental concerns are pushing demand for certified sustainable wood sources.
The wooden decking market is growing slowly but steadily in urban developments and hospitality construction. Demand is influenced by aesthetic appeal, outdoor living trends, and eco-conscious materials. Durable tropical hardwoods and wood-plastic composites are popular choices. Growth is tempered by competition from low-maintenance alternatives like tiles and synthetic decks.
Demand for wooden decking is suppressed by the high cost of quality hardwoods and competition from composite materials. The market also suffers from poor maintenance practices and climate-induced durability issues such as termite infestation and water damage. Imported materials face tariff challenges and long lead times.
Wooden decking is gaining popularity in landscaping and outdoor architecture as urban homeowners and commercial properties seek aesthetic and durable solutions. Investment opportunities include manufacturing sustainable decking materials, including treated wood and composites, as well as import distribution for premium products. Eco-friendly and termite-resistant options have growing demand.
Environmental and construction policies encourage sustainable sourcing and use of wood materials like wooden decking. The government promotes the use of certified sustainable wood to prevent illegal logging and deforestation. Regulatory bodies oversee compliance with environmental laws and building codes to ensure durability and safety standards in wood decking applications.
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 Wooden Decking Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Wooden Decking Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Wooden Decking Market - Industry Life Cycle |
3.4 Philippines Wooden Decking Market - Porter's Five Forces |
3.5 Philippines Wooden Decking Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Wooden Decking Market Revenues & Volume Share, By TypeofConstruction, 2021 & 2031F |
3.7 Philippines Wooden Decking Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Wooden Decking Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable construction materials |
4.2.2 Growth in residential and commercial construction activities in the Philippines |
4.2.3 Rising disposable income leading to higher spending on home improvement projects |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as timber |
4.3.2 Competition from alternative materials like composite decking |
4.3.3 Regulatory challenges related to deforestation and logging restrictions |
5 Philippines Wooden Decking Market Trends |
6 Philippines Wooden Decking Market, By Types |
6.1 Philippines Wooden Decking Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Wooden Decking Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Wooden Decking Market Revenues & Volume, By Pressure treated wood, 2021- 2031F |
6.1.4 Philippines Wooden Decking Market Revenues & Volume, By Redwood, 2021- 2031F |
6.1.5 Philippines Wooden Decking Market Revenues & Volume, By Cedar, 2021- 2031F |
6.1.6 Philippines Wooden Decking Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Wooden Decking Market, By TypeofConstruction |
6.2.1 Overview and Analysis |
6.2.2 Philippines Wooden Decking Market Revenues & Volume, By Repairs and remodelling, 2021- 2031F |
6.2.3 Philippines Wooden Decking Market Revenues & Volume, By New decks on new constructions, 2021- 2031F |
6.2.4 Philippines Wooden Decking Market Revenues & Volume, By New decks on existing constructions, 2021- 2031F |
6.3 Philippines Wooden Decking Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Wooden Decking Market Revenues & Volume, By Building materials, 2021- 2031F |
6.3.3 Philippines Wooden Decking Market Revenues & Volume, By Rails, 2021- 2031F |
6.3.4 Philippines Wooden Decking Market Revenues & Volume, By Infrastructure, 2021- 2031F |
7 Philippines Wooden Decking Market Import-Export Trade Statistics |
7.1 Philippines Wooden Decking Market Export to Major Countries |
7.2 Philippines Wooden Decking Market Imports from Major Countries |
8 Philippines Wooden Decking Market Key Performance Indicators |
8.1 Number of green building certifications in the Philippines |
8.2 Residential and commercial construction permits issued |
8.3 Consumer sentiment towards sustainable construction materials |
9 Philippines Wooden Decking Market - Opportunity Assessment |
9.1 Philippines Wooden Decking Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Wooden Decking Market Opportunity Assessment, By TypeofConstruction, 2021 & 2031F |
9.3 Philippines Wooden Decking Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Wooden Decking Market - Competitive Landscape |
10.1 Philippines Wooden Decking Market Revenue Share, By Companies, 2024 |
10.2 Philippines Wooden Decking Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |