| Product Code: ETC13058209 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Philippines paint import market in 2024 saw an increase in concentration levels, with top exporters being Thailand, Japan, South Korea, Singapore, and Germany. The industry experienced a moderate compound annual growth rate (CAGR) of 1.06% from 2020 to 2024, with a growth rate of 0.89% from 2023 to 2024. This shift towards higher concentration indicates a more competitive landscape, potentially driven by evolving market dynamics and changing consumer preferences in the paint sector.

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 Paint Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Paint Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Paint Market - Industry Life Cycle |
3.4 Philippines Paint Market - Porter's Five Forces |
3.5 Philippines Paint Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Paint Market Revenues & Volume Share, By Finish Type, 2021 & 2031F |
3.7 Philippines Paint Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Philippines Paint Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Paint Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and real estate sectors leading to increased demand for paints |
4.2.2 Rising disposable income and urbanization driving consumer spending on home improvement |
4.2.3 Government infrastructure projects boosting demand for industrial paints |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among paint manufacturers leading to price wars |
4.3.3 Environmental regulations and sustainability concerns affecting product development and manufacturing processes |
5 Philippines Paint Market Trends |
6 Philippines Paint Market, By Types |
6.1 Philippines Paint Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Paint Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Paint Market Revenues & Volume, By Water-Based, 2021 - 2031F |
6.1.4 Philippines Paint Market Revenues & Volume, By Oil-Based, 2021 - 2031F |
6.1.5 Philippines Paint Market Revenues & Volume, By Latex, 2021 - 2031F |
6.1.6 Philippines Paint Market Revenues & Volume, By Enamel, 2021 - 2031F |
6.2 Philippines Paint Market, By Finish Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Paint Market Revenues & Volume, By Matte, 2021 - 2031F |
6.2.3 Philippines Paint Market Revenues & Volume, By Glossy, 2021 - 2031F |
6.2.4 Philippines Paint Market Revenues & Volume, By Satin, 2021 - 2031F |
6.2.5 Philippines Paint Market Revenues & Volume, By Semi-Gloss, 2021 - 2031F |
6.3 Philippines Paint Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Philippines Paint Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Philippines Paint Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Philippines Paint Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Philippines Paint Market Revenues & Volume, By Marine, 2021 - 2031F |
6.4 Philippines Paint Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Paint Market Revenues & Volume, By Walls & Ceilings, 2021 - 2031F |
6.4.3 Philippines Paint Market Revenues & Volume, By Cars & Trucks, 2021 - 2031F |
6.4.4 Philippines Paint Market Revenues & Volume, By Machinery, 2021 - 2031F |
6.4.5 Philippines Paint Market Revenues & Volume, By Boats & Ships, 2021 - 2031F |
7 Philippines Paint Market Import-Export Trade Statistics |
7.1 Philippines Paint Market Export to Major Countries |
7.2 Philippines Paint Market Imports from Major Countries |
8 Philippines Paint Market Key Performance Indicators |
8.1 Number of new construction projects initiated |
8.2 Consumer confidence index in the housing market |
8.3 Adoption rate of eco-friendly paint products |
8.4 Average household spending on home renovation |
8.5 Number of industrial projects awarded to construction companies |
9 Philippines Paint Market - Opportunity Assessment |
9.1 Philippines Paint Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Paint Market Opportunity Assessment, By Finish Type, 2021 & 2031F |
9.3 Philippines Paint Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Philippines Paint Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Paint Market - Competitive Landscape |
10.1 Philippines Paint Market Revenue Share, By Companies, 2024 |
10.2 Philippines Paint Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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