| Product Code: ETC8848142 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to heavily rely on key balloon import suppliers such as China, Vietnam, Japan, Hong Kong, and the UK. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remained strong at 12.64%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting that these top exporting countries hold significant market share. This data underscores the importance of monitoring market trends and diversifying sources to mitigate risks associated with overdependence on a few suppliers.

The party balloon market in the Philippines is driven by a vibrant event culture that includes birthdays, weddings, and corporate gatherings. Increasing demand for creative and themed decorations, along with the growth of event planning services, supports market expansion. Eco-friendly and biodegradable balloons are also gaining popularity due to growing environmental awareness.
The Philippines party balloon market is thriving as the demand for decorative items for celebrations, events, and parties continues to rise. Balloons are widely used for birthday parties, weddings, corporate events, and other special occasions. With the increasing number of events and social gatherings in the country, there is a growing need for various balloon types, including helium-filled and air-filled balloons, as well as customized designs. The market is further driven by the growing trend of personalized event décor and the increasing use of balloons in marketing and advertising campaigns.
This market struggles with rising environmental concerns around non-biodegradable materials like latex and foil. Regulatory pressures for sustainability and growing consumer awareness about waste management are pushing manufacturers to seek alternatives, which can be costly and difficult to scale.
The Philippines Party Balloon market offers an exciting opportunity for investment, driven by the country`s robust events and celebrations industry. As social events, parties, and public celebrations continue to thrive, the demand for decorative items like party balloons grows. Investors can capitalize on this trend by focusing on both retail and wholesale distribution channels, targeting parties, corporate events, and festive celebrations. Additionally, the increasing popularity of themed parties and custom balloon decorations provides a niche opportunity for entrepreneurs to create unique and tailored offerings, potentially driving higher profit margins in this growing market.
The Party Balloon Market in the Philippines is influenced by government regulations concerning product safety and environmental impact. The government has policies that regulate the use of non-toxic materials in the production of balloons, particularly those intended for children`s parties. Additionally, there are increasing efforts to reduce the environmental impact of balloons, with campaigns aimed at promoting biodegradable alternatives.
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 Party Balloon Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Party Balloon Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Party Balloon Market - Industry Life Cycle |
3.4 Philippines Party Balloon Market - Porter's Five Forces |
3.5 Philippines Party Balloon Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Party Balloon Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Party Balloon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of themed parties and events in the Philippines |
4.2.2 Growing disposable income leading to higher spending on celebrations and decorations |
4.2.3 Rising trend of social media sharing and event documentation driving demand for visually appealing party supplies |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Competition from substitute products like eco-friendly decorations or digital party themes |
5 Philippines Party Balloon Market Trends |
6 Philippines Party Balloon Market, By Types |
6.1 Philippines Party Balloon Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Party Balloon Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Party Balloon Market Revenues & Volume, By Latex Party Balloon, 2021- 2031F |
6.1.4 Philippines Party Balloon Market Revenues & Volume, By Foil/Mylar Party Balloon, 2021- 2031F |
6.2 Philippines Party Balloon Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Party Balloon Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Philippines Party Balloon Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Philippines Party Balloon Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Party Balloon Market Import-Export Trade Statistics |
7.1 Philippines Party Balloon Market Export to Major Countries |
7.2 Philippines Party Balloon Market Imports from Major Countries |
8 Philippines Party Balloon Market Key Performance Indicators |
8.1 Number of social media posts or mentions featuring party balloons in the Philippines |
8.2 Average spending per household on party decorations and supplies |
8.3 Number of event planning companies or services offering balloon decorations in the Philippines |
8.4 Percentage of themed parties in the Philippines that include balloon decorations |
8.5 Customer satisfaction ratings for party balloon quality and designs in the Philippines |
9 Philippines Party Balloon Market - Opportunity Assessment |
9.1 Philippines Party Balloon Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Party Balloon Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Party Balloon Market - Competitive Landscape |
10.1 Philippines Party Balloon Market Revenue Share, By Companies, 2024 |
10.2 Philippines Party Balloon Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |