Product Code: ETC042549 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines mortar market is anticipated to register a CAGR of 5.9% during the forecast period (2025-2031). The increasing real estate and infrastructure investments in the country are driving the demand for construction materials, such as masonry mortars, thus driving the growth of this market. Moreover, rapid urbanization and growing population in metropolitan areas are expected to fuel the demand for new projects that require masonry mortars, which will further contribute towards market growth. In addition, government initiatives aimed at developing smart cities across various regions of Philippines have resulted in an upsurge in industrial activities that will support economic development while boosting investments in infrastructure projects over the years to come. This factor also provides a lucrative opportunity for players operating within this sector by providing them with potential business opportunities. Furthermore, surging disposable incomes among people has led to increased construction activities and higher expenditure on home renovation services; hence propelling mortar sales across residential applications over time
The outbreak of COVID-19 pandemic has affected many industries negatively due to halted production units and supply chain disruptions worldwide including Philippines???s brick & mortar industry causing significant losses for investors as well as manufacturers across several countries around globe including Philippines. During 2025???21 crisis situation leading companies like Holcim Phillipines had faced steep decline in volumes but yet managed operations under safety protocols issued by local authorities however few other companies were forced to close down operations temporarily or partially due their financial constraints amidst lockdown provided certain relief packages from respective governments globally.. On positive side emergence of smart technologies coupled with digital platforms have helped industry participants adapt innovative methods like virtual showrooms etc., thereby mitigating effect of Covid pandemic on overall revenue generation prospects during forecasted timeframe (2025-2031)
Growing concerns regarding energy efficiency along with technological advancements related to housing structures have driven adoption rate among builders resulting into surge in number project installations especially those pertaining residential segment which is expected drive revenue generation significantly via sale & usage masonry material related products between 2025-2031 timeline. Further, various planned investment programs launched by Philippine administration targeting urban transformation targeted at transforming existing cities into ???Smart Cities??? using latest technologies involving use modern building techniques.
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 Mortar Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Mortar Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Mortar Market - Industry Life Cycle |
3.4 Philippines Mortar Market - Porter's Five Forces |
3.5 Philippines Mortar Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Mortar Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Mortar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Mortar Market Trends |
6 Philippines Mortar Market, By Types |
6.1 Philippines Mortar Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Mortar Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Mortar Market Revenues & Volume, By Wet Mixed Mortar, 2021-2031F |
6.1.4 Philippines Mortar Market Revenues & Volume, By Dry Mortar, 2021-2031F |
6.2 Philippines Mortar Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Mortar Market Revenues & Volume, By Construction Industry, 2021-2031F |
6.2.3 Philippines Mortar Market Revenues & Volume, By Home Decoration Industry, 2021-2031F |
6.2.4 Philippines Mortar Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Mortar Market Import-Export Trade Statistics |
7.1 Philippines Mortar Market Export to Major Countries |
7.2 Philippines Mortar Market Imports from Major Countries |
8 Philippines Mortar Market Key Performance Indicators |
9 Philippines Mortar Market - Opportunity Assessment |
9.1 Philippines Mortar Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Mortar Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Mortar Market - Competitive Landscape |
10.1 Philippines Mortar Market Revenue Share, By Companies, 2024 |
10.2 Philippines Mortar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |