Product Code: ETC8844483 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The light gauge steel market in the Philippines is expanding as the construction industry adopts modern building materials. Light gauge steel is widely used in residential and commercial buildings due to its strength, durability, and ease of installation. The rise in prefabricated construction methods and government infrastructure projects are fueling market demand. However, fluctuations in raw material prices and competition from traditional materials impact growth.
The rapid expansion of the construction industry and the shift towards sustainable building materials are driving the light gauge steel market in the Philippines. Light gauge steel is gaining popularity due to its strength, durability, and resistance to environmental factors. The rising adoption of prefabricated and modular construction techniques is further boosting market demand.
The light gauge steel market faces price volatility and raw material supply issues. Fluctuations in global steel prices affect production costs, making pricing unpredictable for manufacturers and buyers. Additionally, the availability of high-quality raw materials is limited, increasing reliance on imports. Resistance from traditional construction methods also slows down widespread adoption.
The rising demand for cost-effective and durable construction materials is boosting the light gauge steel market in the Philippines. Investment in pre-fabricated steel structures, modular housing, and earthquake-resistant buildings can attract real estate developers. Companies that establish local production facilities can benefit from reduced import costs and government infrastructure projects.
The construction industry benefits from government programs promoting the use of light gauge steel in residential and commercial projects. The Department of Public Works and Highways (DPWH) and the Housing and Land Use Regulatory Board (HLURB) provide guidelines for safe construction practices using light gauge steel. Tariffs on imported materials are adjusted to encourage local manufacturing.
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 Light Gauge Steel Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Light Gauge Steel Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Light Gauge Steel Market - Industry Life Cycle |
3.4 Philippines Light Gauge Steel Market - Porter's Five Forces |
3.5 Philippines Light Gauge Steel Market Revenues & Volume Share, By Framing Type, 2021 & 2031F |
3.6 Philippines Light Gauge Steel Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Philippines Light Gauge Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Light Gauge Steel Market Trends |
6 Philippines Light Gauge Steel Market, By Types |
6.1 Philippines Light Gauge Steel Market, By Framing Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Light Gauge Steel Market Revenues & Volume, By Framing Type, 2021- 2031F |
6.1.3 Philippines Light Gauge Steel Market Revenues & Volume, By Skeleton steel framing, 2021- 2031F |
6.1.4 Philippines Light Gauge Steel Market Revenues & Volume, By Wall bearing steel framing, 2021- 2031F |
6.1.5 Philippines Light Gauge Steel Market Revenues & Volume, By Long span steel framing, 2021- 2031F |
6.2 Philippines Light Gauge Steel Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Philippines Light Gauge Steel Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 Philippines Light Gauge Steel Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.4 Philippines Light Gauge Steel Market Revenues & Volume, By Malls, 2021- 2031F |
6.2.5 Philippines Light Gauge Steel Market Revenues & Volume, By Educational Institutes, 2021- 2031F |
6.2.6 Philippines Light Gauge Steel Market Revenues & Volume, By Others, 2021- 2031F |
6.2.7 Philippines Light Gauge Steel Market Revenues & Volume, By Residential, 2021- 2031F |
7 Philippines Light Gauge Steel Market Import-Export Trade Statistics |
7.1 Philippines Light Gauge Steel Market Export to Major Countries |
7.2 Philippines Light Gauge Steel Market Imports from Major Countries |
8 Philippines Light Gauge Steel Market Key Performance Indicators |
9 Philippines Light Gauge Steel Market - Opportunity Assessment |
9.1 Philippines Light Gauge Steel Market Opportunity Assessment, By Framing Type, 2021 & 2031F |
9.2 Philippines Light Gauge Steel Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Philippines Light Gauge Steel Market - Competitive Landscape |
10.1 Philippines Light Gauge Steel Market Revenue Share, By Companies, 2024 |
10.2 Philippines Light Gauge Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |