| Product Code: ETC034789 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Philippines` metal forming tools import market experienced significant growth in 2024, with top exporting countries including Japan, China, Germany, Singapore, and South Korea. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), shifted from moderate to high in just one year, indicating a more consolidated market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 11.11%, with a steady growth rate of 1.12% from 2023 to 2024, showcasing a positive trajectory for the industry.

The Philippines metal forming tools market is expected to register a CAGR of 3.1% during the forecast period 2025-2031 (2025-2031). The increasing demand for automotive components and electrical parts in the country is driving the growth of this market. Moreover, stringent environmental regulations are also supporting the development of green materials, which is further pushing up the demand for metal forming tools in the country. Additionally, growing industrialization due to government initiatives such as Go Negosyo Act and Start Up Nation will support industry growth over the forecast period 2025-2031 (2025-2031)
The automotive industry is growing rapidly in Philippine owing to increased investments from foreign companies as well as domestic players. This has created an impetus on investment on related machinery including forming tools used for production process across various segments like powertrain systems components, chassis & body parts etc., resulting into overall growth of market studied during predicted timeframe. Additionally, government policies such as start up nation program act have enabled local entrepreneurs to access resources necessary for setting up their own business or manufacturing units leading to increase in industrialization activities thus augmenting overall sales revenue generated through forged products produced with help of metal forming equipment???s across Philippine region.
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 Metal Forming Tools Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Metal Forming Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Metal Forming Tools Market - Industry Life Cycle |
3.4 Philippines Metal Forming Tools Market - Porter's Five Forces |
3.5 Philippines Metal Forming Tools Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Philippines Metal Forming Tools Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Philippines Metal Forming Tools Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Philippines Metal Forming Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Metal Forming Tools Market Trends |
6 Philippines Metal Forming Tools Market, By Types |
6.1 Philippines Metal Forming Tools Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Philippines Metal Forming Tools Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 Philippines Metal Forming Tools Market Revenues & Volume, By Computerized Numerical Control (CNC), 2021-2031F |
6.1.4 Philippines Metal Forming Tools Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Philippines Metal Forming Tools Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Metal Forming Tools Market Revenues & Volume, By Rolling Mill Machine, 2021-2031F |
6.2.3 Philippines Metal Forming Tools Market Revenues & Volume, By Bending Machines, 2021-2031F |
6.2.4 Philippines Metal Forming Tools Market Revenues & Volume, By Hydraulic Presses, 2021-2031F |
6.2.5 Philippines Metal Forming Tools Market Revenues & Volume, By Mechanical Presses, 2021-2031F |
6.2.6 Philippines Metal Forming Tools Market Revenues & Volume, By Shearing Machines, 2021-2031F |
6.2.7 Philippines Metal Forming Tools Market Revenues & Volume, By Forging Machines, 2021-2031F |
6.2.8 Philippines Metal Forming Tools Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Philippines Metal Forming Tools Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Metal Forming Tools Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Philippines Metal Forming Tools Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Philippines Metal Forming Tools Market Revenues & Volume, By Industrial machinery, 2021-2031F |
6.3.4 Philippines Metal Forming Tools Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.5 Philippines Metal Forming Tools Market Revenues & Volume, By Precision engineering, 2021-2031F |
6.3.6 Philippines Metal Forming Tools Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Metal Forming Tools Market Import-Export Trade Statistics |
7.1 Philippines Metal Forming Tools Market Export to Major Countries |
7.2 Philippines Metal Forming Tools Market Imports from Major Countries |
8 Philippines Metal Forming Tools Market Key Performance Indicators |
9 Philippines Metal Forming Tools Market - Opportunity Assessment |
9.1 Philippines Metal Forming Tools Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Philippines Metal Forming Tools Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Philippines Metal Forming Tools Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Philippines Metal Forming Tools Market - Competitive Landscape |
10.1 Philippines Metal Forming Tools Market Revenue Share, By Companies, 2024 |
10.2 Philippines Metal Forming Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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