Product Code: ETC323669 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines engineered wood market focuses on value-added wood products like plywood and particleboard. With a CAGR of approximately 4.2%, this market`s growth is fueled by the construction and furniture industries` demand for versatile and sustainable wood alternatives.
The Philippines Engineered Wood Market is poised for growth owing to several factors, including urbanization, increased construction activities, and a shift towards sustainable building materials. Engineered wood offers advantages such as enhanced structural stability, cost-effectiveness, and reduced environmental impact compared to traditional wood. With the government`s focus on infrastructure development and green building initiatives, the demand for engineered wood products like plywood, laminated veneer lumber, and oriented strand board is expected to surge.
The engineered wood market faces challenges related to consumer education about the benefits and applications of these products compared to traditional wood. Overcoming misconceptions and establishing credibility are important for market growth.
The Philippines engineered wood market has experienced disruptions due to the pandemic. The construction sector, which is a major consumer of engineered wood products, has been affected by lockdowns and restrictions. This has led to delays in projects and a decline in demand for engineered wood.
Key players in the Philippines Engineered Wood Market include Santa Clara Marine Plywood Inc., JME Supreme International Corporation, and Lamboo Resources Corp.
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 Engineered Wood Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Engineered Wood Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Engineered Wood Market - Industry Life Cycle |
3.4 Philippines Engineered Wood Market - Porter's Five Forces |
3.5 Philippines Engineered Wood Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Engineered Wood Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 Philippines Engineered Wood Market Revenues & Volume Share, By End-User , 2021 & 2031F |
4 Philippines Engineered Wood Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for environmentally friendly and sustainable construction materials |
4.2.2 Growth in the construction industry in the Philippines |
4.2.3 Government initiatives promoting the use of engineered wood in construction projects |
4.3 Market Restraints |
4.3.1 High initial costs of engineered wood compared to traditional materials |
4.3.2 Lack of awareness and understanding among consumers and builders about the benefits of engineered wood |
4.3.3 Availability of alternative materials in the market |
5 Philippines Engineered Wood Market Trends |
6 Philippines Engineered Wood Market, By Types |
6.1 Philippines Engineered Wood Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Engineered Wood Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Engineered Wood Market Revenues & Volume, By I-Beams, 2021-2031F |
6.1.4 Philippines Engineered Wood Market Revenues & Volume, By Plywood, 2021-2031F |
6.1.5 Philippines Engineered Wood Market Revenues & Volume, By Laminated Veneer Lumber (LVL), 2021-2031F |
6.1.6 Philippines Engineered Wood Market Revenues & Volume, By Glulam (Glued Laminated Timber), 2021-2031F |
6.1.7 Philippines Engineered Wood Market Revenues & Volume, By Oriented Strand Boards (OSB), 2021-2031F |
6.1.8 Philippines Engineered Wood Market Revenues & Volume, By Cross-Laminated Timber (CLT), 2021-2031F |
6.2 Philippines Engineered Wood Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Engineered Wood Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Philippines Engineered Wood Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.4 Philippines Engineered Wood Market Revenues & Volume, By Flooring, 2021-2031F |
6.2.5 Philippines Engineered Wood Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.6 Philippines Engineered Wood Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Engineered Wood Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Philippines Engineered Wood Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Philippines Engineered Wood Market Revenues & Volume, By Commercial & Industrial, 2021-2031F |
7 Philippines Engineered Wood Market Import-Export Trade Statistics |
7.1 Philippines Engineered Wood Market Export to Major Countries |
7.2 Philippines Engineered Wood Market Imports from Major Countries |
8 Philippines Engineered Wood Market Key Performance Indicators |
8.1 Percentage increase in the adoption of green building certifications in the Philippines |
8.2 Number of new construction projects incorporating engineered wood products |
8.3 Percentage growth in the use of engineered wood in residential construction applications |
9 Philippines Engineered Wood Market - Opportunity Assessment |
9.1 Philippines Engineered Wood Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Engineered Wood Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 Philippines Engineered Wood Market Opportunity Assessment, By End-User , 2021 & 2031F |
10 Philippines Engineered Wood Market - Competitive Landscape |
10.1 Philippines Engineered Wood Market Revenue Share, By Companies, 2024 |
10.2 Philippines Engineered Wood Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |