Philippines Paper & Paperboard Market (2023-2029) | Growth, Size, Share, Value, Industry, Trends, Outlook, Analysis, Revenue, Segmentation & COVID-19 IMPACT

Topics Covered in the Philippines Paper & Paperboard Market

Philippines Paper & Paperboard Market report thoroughly covers the market by types, by grade types, and by applications. The Paper & Paperboard Market Outlook report provides an unbiased and detailed analysis of the ongoing Paper & Paperboard Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Philippines Paper & Paperboard Market Synopsis

Philippines Paper & Paperboard Market is set to witness growth in the years to come on the back of government initiatives to promote the use of recycled paper and the increasing popularity of eco-friendly packaging. The government policies and regulations related to environmental protection are expected to create new opportunities for the Philippines Paper & Paperboard Market Growth. However, the market is restrained by high raw material costs, stringent government regulations, and environmental concerns associated with its use.

According to 6Wresearch, the Philippines Paper & Paperboard Market size is predicted to grow at a higher growth rate during 2023-2029. The market is growing mainly due to factors such as a growing population, rapid urbanization & industrialization, and increasing demand from the packaging industry. The packaging industry in the Philippines is forecast to grow enormously during the forecast period, driven by the growing demand for food & beverage packaging and cosmetic packaging. Moreover, the food & beverage sector is the largest end-user of paper and paperboard products in the country and is expected to grow during the projected period. The demand for an assorted range of papers and paperboards in the county has been growing over the years owing to the growing economy and the increasing population. There is a growing demand for bleached hardwood kraft paperboard which is used in packaging products. Moreover, the demand for coated mechanical paperboard is also growing as it is used in packaging products such as food, beverages, and electronics.

COVID-19 Impact on the Philippines Paper & Paperboard Market

The COVID-19 pandemic adversely disturbed the growth of Philippines paper and paperboard market by interrupting the functioning of the supply chain and decreasing demand from various industries. The pandemic has also resulted in decreased demand from the education, printing, and packaging sectors. With schools closed, the demand for notebooks and other stationery products has decreased. The imposition of lockdowns has led to a decrease in the number of workers in the paper and paperboard industry. However, the paper and paperboard market in the Philippines has witnessed resilience and adaptability.

Key Players in the Philippines Paper & Paperboard Market

The Philippines paper and paperboard market is highly competitive with many key players. The competition in the market is further intensified by the presence of many unorganized players. Some of the key players in the Philippines paper and paperboard market are:

• Universal Robina Corporation (URC)
• Philippine Packaging Corporation (PPC)
• Georgia-Pacific Corporation
• Asia Pulp & Paper

Market Analysis by Types

By type, the corrugated box segment is expected to grow massively owing to the growing demand for e-commerce as it requires more packaging materials for shipping. On the other hand, the flexible paper packaging segment is also expected to grow significantly due to the growing demand for eco-friendly packaging solutions.

Market Analysis Grade Types

By Grade Types, the Coated Unbleached ‘Kraft’ Paperboard segment is the fastest growing segment due to the increasing demand for sustainable packaging solutions in various industries. However, the White Line Chipboard (WLC) segment is also anticipated to grow further underpinned by the increasing demand for high-quality printing solutions.

Market Analysis by Applications

According to Ravi Bhandari, Research Head, 6Wresearch, the Food and beverages segment is expected to dominate the Philippines Paper & Paperboard Market share backed by the growing population and growing demand for processed and packaged food and beverages. Also, the Healthcare and personal care segments are further likely to grow due to the increasing awareness of safety concerns.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Philippines Paper & Paperboard Market Outlook
• Market Size of Philippines Paper & Paperboard Market, 2022
• Forecast of Philippines Paper & Paperboard Market, 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Revenues & Volume for the Period 2019 - 2029
• Philippines Paper & Paperboard Market Trend Evolution
• Philippines Paper & Paperboard Market Drivers and Challenges
• Philippines Paper & Paperboard Price Trends
• Philippines Paper & Paperboard Porter's Five Forces
• Philippines Paper & Paperboard Industry Life Cycle
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Types for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Flexible Paper Packaging for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Boxboard for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Corrugated Box for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Grade Types for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Coated Unbleached kraft Paperboard for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By White Line Chipboard (WLC) for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Label Paper for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Folding Box Board (FBB) for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Solid Bleached Sulfate (SBS) for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Applications for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Food for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Beverages for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Healthcare for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Personal Care for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Home Care for the Period 2019 - 2029
• Historical Data and Forecast of Philippines Paper & Paperboard Market Revenues & Volume By Others for the Period 2019 - 2029
• Philippines Paper & Paperboard Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Grade Types
• Market Opportunity Assessment By Applications
• Philippines Paper & Paperboard Top Companies Market Share
• Philippines Paper & Paperboard Competitive Benchmarking By Technical and Operational Parameters
• Philippines Paper & Paperboard Company Profiles
• Philippines Paper & Paperboard Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Types

• Flexible Paper Packaging
• Boxboard
• Corrugated Box
• Others

By Grade Types

• Coated Unbleached ‘Kraft’ Paperboard
• White Line Chipboard (WLC)
• Label Paper
• Folding Box Board (FBB)
• Solid Bleached Sulfate (SBS)
• Others

By Applications

• Food
• Beverages
• Healthcare
• Personal Care
• Home Care
• Others