Philippines Building Construction Market (2025-2031) Outlook | Revenue, Companies, Value, Industry, Size, Growth, Share, Trends, Analysis & Forecast

Market Forecast By Type (Residential, Non-residential), By Construction Type (New Construction, Renovation), By Application (Owned, Rental), By End User (Private, Public) And Competitive Landscape
Product Code: ETC316229 Publication Date: Aug 2022 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Philippines Building Construction Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The building construction import shipments in the Philippines continued to see significant growth in 2024, with China, Malaysia, Hong Kong, Vietnam, and Indonesia emerging as the top exporting countries. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The impressive Compound Annual Growth Rate (CAGR) from 2020 to 2024 stood at 69.06%, indicating a robust upward trend in the industry. Moreover, the exceptional growth rate of 225.13% from 2023 to 2024 highlights the accelerated pace at which the Philippines` construction sector is expanding, driven by imports from key trading partners.

Philippines Building Construction Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Philippines Building Construction Market Synopsis

In the digital age, the Philippines website builder market has flourished with a robust CAGR of 7%. As businesses and individuals recognize the importance of a strong online presence, the demand for user-friendly website building platforms has surged. This trend is expected to persist as more entrepreneurs and organizations seek to establish themselves online.

Drivers of the Market

The growth of the building construction market in the Philippines is primarily driven by urbanization, population growth, and infrastructure development. The demand for residential, commercial, and industrial spaces fuels the construction sector. The market growth is also supported by government investments in public infrastructure, private real estate projects, and the need to modernize urban areas.

Challenges of the Market

The building construction market in the Philippines faces challenges related to urbanization and infrastructure development. Balancing the need for rapid construction with sustainable practices and adhering to building codes is a significant challenge. Additionally, the industry must address issues of land scarcity and rising construction costs while meeting the growing demand for quality housing and commercial spaces.

COVID-19 Impact on the Market

The Philippines building construction market has been significantly impacted by the COVID-19 pandemic. With lockdowns and restrictions on construction activities, the demand for building construction services has declined. As construction projects resume and the country`s economy recovers, the market is expected to gradually regain its momentum.

Key Players in the Market

Key Players in the market include Aboitiz Construction Group, Inc., EEI Corporation, Megawide Construction Corporation, D.M. Consunji, Inc., and First Balfour, Inc.

Key Highlights of the Report:

  • Philippines Building Construction Market Outlook
  • Market Size of Philippines Building Construction Market, 2024
  • Forecast of Philippines Building Construction Market, 2031
  • Historical Data and Forecast of Philippines Building Construction Revenues & Volume for the Period 2021-2031
  • Philippines Building Construction Market Trend Evolution
  • Philippines Building Construction Market Drivers and Challenges
  • Philippines Building Construction Price Trends
  • Philippines Building Construction Porter's Five Forces
  • Philippines Building Construction Industry Life Cycle
  • Historical Data and Forecast of Philippines Building Construction Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Philippines Building Construction Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of Philippines Building Construction Market Revenues & Volume By Non-residential for the Period 2021-2031
  • Historical Data and Forecast of Philippines Building Construction Market Revenues & Volume By Construction Type for the Period 2021-2031
  • Historical Data and Forecast of Philippines Building Construction Market Revenues & Volume By New Construction for the Period 2021-2031
  • Historical Data and Forecast of Philippines Building Construction Market Revenues & Volume By Renovation for the Period 2021-2031
  • Historical Data and Forecast of Philippines Building Construction Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Philippines Building Construction Market Revenues & Volume By Owned for the Period 2021-2031
  • Historical Data and Forecast of Philippines Building Construction Market Revenues & Volume By Rental for the Period 2021-2031
  • Historical Data and Forecast of Philippines Building Construction Market Revenues & Volume By End User for the Period 2021-2031
  • Historical Data and Forecast of Philippines Building Construction Market Revenues & Volume By Private for the Period 2021-2031
  • Historical Data and Forecast of Philippines Building Construction Market Revenues & Volume By Public for the Period 2021-2031
  • Philippines Building Construction Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Construction Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End User
  • Philippines Building Construction Top Companies Market Share
  • Philippines Building Construction Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Building Construction Company Profiles
  • Philippines Building Construction Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Building Construction Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Building Construction Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Building Construction Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Building Construction Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Building Construction Market - Industry Life Cycle

3.4 Philippines Building Construction Market - Porter's Five Forces

3.5 Philippines Building Construction Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Philippines Building Construction Market Revenues & Volume Share, By Construction Type, 2021 & 2031F

3.7 Philippines Building Construction Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 Philippines Building Construction Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Philippines Building Construction Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government investments in infrastructure projects

4.2.2 Urbanization and population growth

4.2.3 Increasing demand for sustainable and green buildings

4.3 Market Restraints

4.3.1 Fluctuating raw material costs

4.3.2 Regulatory challenges and bureaucratic hurdles

4.3.3 Skilled labor shortages

5 Philippines Building Construction Market Trends

6 Philippines Building Construction Market, By Types

6.1 Philippines Building Construction Market, By Type

6.1.1 Overview and Analysis

6.1.2 Philippines Building Construction Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Philippines Building Construction Market Revenues & Volume, By Residential, 2021-2031F

6.1.4 Philippines Building Construction Market Revenues & Volume, By Non-residential, 2021-2031F

6.2 Philippines Building Construction Market, By Construction Type

6.2.1 Overview and Analysis

6.2.2 Philippines Building Construction Market Revenues & Volume, By New Construction, 2021-2031F

6.2.3 Philippines Building Construction Market Revenues & Volume, By Renovation, 2021-2031F

6.3 Philippines Building Construction Market, By Application

6.3.1 Overview and Analysis

6.3.2 Philippines Building Construction Market Revenues & Volume, By Owned, 2021-2031F

6.3.3 Philippines Building Construction Market Revenues & Volume, By Rental, 2021-2031F

6.4 Philippines Building Construction Market, By End User

6.4.1 Overview and Analysis

6.4.2 Philippines Building Construction Market Revenues & Volume, By Private, 2021-2031F

6.4.3 Philippines Building Construction Market Revenues & Volume, By Public, 2021-2031F

7 Philippines Building Construction Market Import-Export Trade Statistics

7.1 Philippines Building Construction Market Export to Major Countries

7.2 Philippines Building Construction Market Imports from Major Countries

8 Philippines Building Construction Market Key Performance Indicators

8.1 Number of new building permits issued

8.2 Adoption rate of sustainable construction practices

8.3 Infrastructure spending as a percentage of GDP

8.4 Construction project completion rates

8.5 Labor productivity in the construction sector

9 Philippines Building Construction Market - Opportunity Assessment

9.1 Philippines Building Construction Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Philippines Building Construction Market Opportunity Assessment, By Construction Type, 2021 & 2031F

9.3 Philippines Building Construction Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 Philippines Building Construction Market Opportunity Assessment, By End User, 2021 & 2031F

10 Philippines Building Construction Market - Competitive Landscape

10.1 Philippines Building Construction Market Revenue Share, By Companies, 2024

10.2 Philippines Building Construction Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All