| Product Code: ETC8835700 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to see a significant influx of awning imports, with top exporting countries including China, Vietnam, South Korea, Bangladesh, and Hong Kong. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 1.36%, but there was a notable spike in growth from 2023 to 2024, with a growth rate of 40.76%. This surge in import shipments suggests a growing demand for awnings in the Philippines market, with key players from various countries contributing to the market`s expansion.

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 Awning Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Awning Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Awning Market - Industry Life Cycle |
3.4 Philippines Awning Market - Porter's Five Forces |
3.5 Philippines Awning Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Awning Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Awning Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Awning Market Trends |
6 Philippines Awning Market, By Types |
6.1 Philippines Awning Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Awning Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Awning Market Revenues & Volume, By Fixed Awning, 2021- 2031F |
6.1.4 Philippines Awning Market Revenues & Volume, By Retractable Awning, 2021- 2031F |
6.1.5 Philippines Awning Market Revenues & Volume, By Product, 2021- 2031F |
6.1.6 Philippines Awning Market Revenues & Volume, By Patio, 2021- 2031F |
6.1.7 Philippines Awning Market Revenues & Volume, By Window, 2021- 2031F |
6.1.8 Philippines Awning Market Revenues & Volume, By Freestanding, 2021- 2031F |
6.2 Philippines Awning Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Philippines Awning Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 Philippines Awning Market Revenues & Volume, By Residential, 2021- 2031F |
7 Philippines Awning Market Import-Export Trade Statistics |
7.1 Philippines Awning Market Export to Major Countries |
7.2 Philippines Awning Market Imports from Major Countries |
8 Philippines Awning Market Key Performance Indicators |
9 Philippines Awning Market - Opportunity Assessment |
9.1 Philippines Awning Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Awning Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Awning Market - Competitive Landscape |
10.1 Philippines Awning Market Revenue Share, By Companies, 2024 |
10.2 Philippines Awning Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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