| Product Code: ETC320369 | 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 |
In 2024, Philippines continued to rely on paper imports from top exporting countries including Japan, China, South Korea, Italy, and the USA. Despite a concerning high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a significant decline with a compound annual growth rate (CAGR) of -9.25% from 2020 to 2024. The negative growth trend persisted in 2024 with a steep rate of -21.66%, highlighting challenges in the paper import market that stakeholders need to address for sustainable future development.

Experiencing a CAGR of approximately 4.6%, the converting paper market in the Philippines is driven by the demand for paper products in packaging and printing.
The converting paper market in the Philippines is influenced by the packaging industry`s growth and the need for efficient packaging solutions. As consumer preferences evolve, there`s a demand for innovative packaging designs and materials, contributing to the growth of this market.
The Philippines Converting Paper market grapples with multifaceted challenges that affect its operational efficiency and growth prospects. One notable challenge is the rising cost of raw materials. Fluctuations in pulp and paper prices, influenced by global market dynamics, can lead to unpredictable production costs. Additionally, outdated machinery and technology in some manufacturing facilities hinder the industry`s ability to adapt to changing market demands and produce high-quality converting paper products efficiently. The lack of investment in modernization can result in suboptimal production processes and reduced competitiveness on the global stage.
The Philippines converting paper market has been impacted by disruptions in the supply chain and reduced demand from industries such as packaging and printing during the pandemic. The market is anticipated to recover as industries resume operations.
Key players in the Philippines Converting Paper Market include: International Paper Company, DS Smith plc, Georgia-Pacific LLC, Smurfit Kappa Group, Sappi Limited, Nippon Paper Industries Co., Ltd., Mondi Group, and WestRock Company.
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 Converting Paper Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Converting Paper Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Converting Paper Market - Industry Life Cycle |
3.4 Philippines Converting Paper Market - Porter's Five Forces |
3.5 Philippines Converting Paper Market Revenues & Volume Share, By Product type, 2021 & 2031F |
3.6 Philippines Converting Paper Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Converting Paper Market Revenues & Volume Share, By End-user industry, 2021 & 2031F |
4 Philippines Converting Paper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly packaging solutions in the Philippines |
4.2.2 Increasing focus on sustainable practices and reducing carbon footprint |
4.2.3 Rise in e-commerce activities leading to higher demand for packaging materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative packaging solutions |
4.3.3 Regulatory challenges related to environmental compliance and waste management |
5 Philippines Converting Paper Market Trends |
6 Philippines Converting Paper Market, By Types |
6.1 Philippines Converting Paper Market, By Product type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Converting Paper Market Revenues & Volume, By Product type, 2021-2031F |
6.1.3 Philippines Converting Paper Market Revenues & Volume, By Coated, 2021-2031F |
6.1.4 Philippines Converting Paper Market Revenues & Volume, By Uncoated, 2021-2031F |
6.2 Philippines Converting Paper Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Converting Paper Market Revenues & Volume, By Newsprint, 2021-2031F |
6.2.3 Philippines Converting Paper Market Revenues & Volume, By Hygiene Paper, 2021-2031F |
6.2.4 Philippines Converting Paper Market Revenues & Volume, By Printing Paper, 2021-2031F |
6.2.5 Philippines Converting Paper Market Revenues & Volume, By Writing Paper, 2021-2031F |
6.2.6 Philippines Converting Paper Market Revenues & Volume, By Packaging, 2021-2031F |
6.3 Philippines Converting Paper Market, By End-user industry |
6.3.1 Overview and Analysis |
6.3.2 Philippines Converting Paper Market Revenues & Volume, By Food Service, 2021-2031F |
6.3.3 Philippines Converting Paper Market Revenues & Volume, By Packing & Wrapping, 2021-2031F |
6.3.4 Philippines Converting Paper Market Revenues & Volume, By Printing, 2021-2031F |
6.3.5 Philippines Converting Paper Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.6 Philippines Converting Paper Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Converting Paper Market Import-Export Trade Statistics |
7.1 Philippines Converting Paper Market Export to Major Countries |
7.2 Philippines Converting Paper Market Imports from Major Countries |
8 Philippines Converting Paper Market Key Performance Indicators |
8.1 Percentage of recycled materials used in production |
8.2 Energy efficiency improvements in manufacturing processes |
8.3 Number of new eco-friendly packaging solutions introduced to the market |
9 Philippines Converting Paper Market - Opportunity Assessment |
9.1 Philippines Converting Paper Market Opportunity Assessment, By Product type, 2021 & 2031F |
9.2 Philippines Converting Paper Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Converting Paper Market Opportunity Assessment, By End-user industry, 2021 & 2031F |
10 Philippines Converting Paper Market - Competitive Landscape |
10.1 Philippines Converting Paper Market Revenue Share, By Companies, 2024 |
10.2 Philippines Converting Paper Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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