| Product Code: ETC237809 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines hemp yarn sales market is witnessing a positive outlook as the demand for eco-friendly and versatile yarn materials increases. Market data indicates a promising CAGR of around 8% in the hemp yarn sales sector over the past five years. This growth is driven by the yarn`s applications in various industries, including textiles, home furnishings, and crafts. As consumers lean towards products with reduced environmental impact, hemp yarn offers a renewable and biodegradable alternative to conventional yarn materials. The market is poised to benefit from collaborations between textile manufacturers and hemp cultivators, fostering a sustainable supply chain.
The Philippines hemp yarn sales market is on the brink of a transformative phase. Hemp yarn`s reputation as a strong, resilient, and sustainable material positions it favorably in a market seeking eco-conscious alternatives. The growing preference for natural fibers, coupled with the increasing emphasis on reducing synthetic material usage, is propelling the demand for hemp yarn. As industries and consumers alike recognize its positive environmental impact, the Philippines hemp yarn sales market is projected to witness steady growth.
The Philippines hemp yarn sales market encounters challenges concerning supply chain logistics and quality control. Maintaining consistent and high-quality hemp yarn production might be hindered by issues related to cultivation practices, extraction processes, and fiber strength. Ensuring a reliable and efficient supply of raw hemp material to meet demand is another challenge, considering the need for sustainable sourcing and the fluctuations in crop yields.
The COVID-19 pandemic disrupted supply chains, impacting the production and distribution of hemp yarn. As economies stabilize and consumer demand rebounds, the market is expected to recover, driven by growing awareness of the benefits of hemp yarn and its versatile applications.
The hemp yarn sales market in the Philippines is on the rise, driven by the growing demand for natural and sustainable textiles. Hemp yarn, known for its strength and environmental benefits, is finding applications in various industries, including textiles, crafts, and industrial uses. As more consumers and businesses prioritize eco-friendly products, the demand for hemp yarn is expected to continue its upward trajectory. Notable companies contributing to the growth of this market are HempYarn Co., PhilFiber Industries, and Sustainable Spins 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 Hemp Clothing Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Hemp Clothing Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Hemp Clothing Market - Industry Life Cycle |
3.4 Philippines Hemp Clothing Market - Porter's Five Forces |
3.5 Philippines Hemp Clothing Market Revenues & Volume Share, By Raw Product, 2021 & 2031F |
3.6 Philippines Hemp Clothing Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Philippines Hemp Clothing Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Hemp Clothing Market Revenues & Volume Share, By Processing Technique, 2021 & 2031F |
4 Philippines Hemp Clothing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for sustainable and eco-friendly clothing options |
4.2.2 Growing focus on supporting local industries and promoting Filipino-made products |
4.2.3 Rising interest in hemp clothing due to its durability, breathability, and biodegradability |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of hemp clothing among consumers |
4.3.2 High initial costs associated with hemp clothing production and manufacturing |
4.3.3 Lack of infrastructure and supply chain for hemp cultivation and processing in the Philippines |
5 Philippines Hemp Clothing Market Trends |
6 Philippines Hemp Clothing Market, By Types |
6.1 Philippines Hemp Clothing Market, By Raw Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Hemp Clothing Market Revenues & Volume, By Raw Product, 2021-2031F |
6.1.3 Philippines Hemp Clothing Market Revenues & Volume, By Hemp Seeds, 2021-2031F |
6.1.4 Philippines Hemp Clothing Market Revenues & Volume, By Hemp Fiber, 2021-2031F |
6.1.5 Philippines Hemp Clothing Market Revenues & Volume, By Hemp Shivs, 2021-2031F |
6.1.6 Philippines Hemp Clothing Market Revenues & Volume, By Stalks, 2021-2031F |
6.2 Philippines Hemp Clothing Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Philippines Hemp Clothing Market Revenues & Volume, By Conventional (Natural) Hemp Source, 2021-2031F |
6.2.3 Philippines Hemp Clothing Market Revenues & Volume, By Organic Hemp Source, 2021-2031F |
6.3 Philippines Hemp Clothing Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Hemp Clothing Market Revenues & Volume, By Fabrics, 2021-2031F |
6.3.3 Philippines Hemp Clothing Market Revenues & Volume, By Denim, 2021-2031F |
6.3.4 Philippines Hemp Clothing Market Revenues & Volume, By Fine Textiles, 2021-2031F |
6.3.5 Philippines Hemp Clothing Market Revenues & Volume, By Canvas Bags, 2021-2031F |
6.3.6 Philippines Hemp Clothing Market Revenues & Volume, By Carpets, 2021-2031F |
6.3.7 Philippines Hemp Clothing Market Revenues & Volume, By Geotextiles, 2021-2031F |
6.4 Philippines Hemp Clothing Market, By Processing Technique |
6.4.1 Overview and Analysis |
6.4.2 Philippines Hemp Clothing Market Revenues & Volume, By European Enzyme-Treated Fiber, 2021-2031F |
6.4.3 Philippines Hemp Clothing Market Revenues & Volume, By Chinese Fiber, 2021-2031F |
6.4.4 Philippines Hemp Clothing Market Revenues & Volume, By NRC Enzyme-Treated Fiber, 2021-2031F |
7 Philippines Hemp Clothing Market Import-Export Trade Statistics |
7.1 Philippines Hemp Clothing Market Export to Major Countries |
7.2 Philippines Hemp Clothing Market Imports from Major Countries |
8 Philippines Hemp Clothing Market Key Performance Indicators |
8.1 Percentage of consumers aware of hemp clothing as a sustainable alternative |
8.2 Growth in the number of local brands offering hemp clothing options |
8.3 Expansion of hemp cultivation areas and processing facilities in the Philippines |
9 Philippines Hemp Clothing Market - Opportunity Assessment |
9.1 Philippines Hemp Clothing Market Opportunity Assessment, By Raw Product, 2021 & 2031F |
9.2 Philippines Hemp Clothing Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Philippines Hemp Clothing Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Hemp Clothing Market Opportunity Assessment, By Processing Technique, 2021 & 2031F |
10 Philippines Hemp Clothing Market - Competitive Landscape |
10.1 Philippines Hemp Clothing Market Revenue Share, By Companies, 2024 |
10.2 Philippines Hemp Clothing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |