Philippines Plastic Water Storage Tank Market (2025-2031) Outlook | Revenue, Value, Analysis, Industry, Trends, Forecast, Share, Size, Growth & Companies

Market Forecast By Polymer Used (Polyethylene, Fiber Glass , Others), By Type Of Plastic (Virgin, Recycle), By Shape (Cylindrical, Rectangular, Other), By Size (Small (<1000 Ltr), Medium (1000 “ 5000 Ltr), Large (5000+ Ltrs)), By Application (Domestic, Commercial, Industrial) And Competitive Landscape
Product Code: ETC340409 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

philippines plastic water storage tank market Synopsis

The Philippine plastic water storage tank market is estimated to be worth around USD 4. 5 million in 2025 and is expected to grow at a CAGR of 6. 7% during the forecast period. The major factors driving the growth of this market are increasing demand for potable water, rising population, industrialization and urbanization activities as well as growing awareness about health & wellness among consumers. Moreover, rising consumption of packaged drinking water has also fuelled the demand for plastic tanks in recent years.

Drivers of the Market

The Philippines plastic water storage tank market is poised for significant growth in the coming years. The increasing demand for reliable and durable water storage solutions, particularly in areas with water scarcity or inconsistent supply, is a major driver for this market. Additionally, the growing construction and residential sectors are creating a need for efficient water management systems, further fueling the demand for plastic water storage tanks. The lightweight and corrosion-resistant nature of plastic tanks, coupled with their affordability, makes them a preferred choice for many consumers and businesses. As the government and private sector continue to invest in infrastructure development and urbanization projects, the market for plastic water storage tanks is expected to experience steady growth.

Challenges of the Market

The Philippines plastic water storage tank market faces several challenges that impact its outlook. One significant challenge is the competition from alternative storage solutions such as concrete tanks and stainless steel tanks. These alternatives are perceived to be more durable and long-lasting, posing a challenge to the demand for plastic water storage tanks. Additionally, concerns about the environmental impact of plastic waste and the need for sustainable water storage solutions can lead to consumer reluctance in adopting plastic tanks. Regulations and policies aimed at reducing single-use plastics further add to the challenge by affecting the manufacturing and usage of plastic water storage tanks. To stay competitive, manufacturers in this market need to focus on improving the quality, durability, and eco-friendliness of their products while navigating changing consumer preferences and regulatory landscapes.

COVID-19 Impact on the Market

The Philippines plastic water storage tank market has witnessed significant growth over the years, driven by factors such as increasing urbanization, population growth, and the need for reliable water storage solutions. These plastic tanks offer advantages like cost-effectiveness, durability, and easy installation. However, the market experienced disruptions due to the COVID-19 pandemic. Lockdowns and supply chain challenges led to temporary setbacks in production and distribution. As the situation improves, the market is expected to recover, driven by the continued demand for water storage solutions across residential, commercial, and industrial sectors.

Key Players in the Market

The Philippines plastic water storage tank market is projected to experience steady growth over the coming years. The increasing demand for reliable and cost-effective water storage solutions, particularly in regions with erratic water supply, is driving the market. Key players in this market include ABC Plastics, Aqua Tech Philippines, Inc., and Water Plus Solutions. These companies offer a range of plastic water storage tanks with different capacities and features to cater to diverse customer needs. As urbanization and infrastructure development continue in the Philippines, the plastic water storage tank market is expected to witness sustained demand.

Key Highlights of the Report:

  • Philippines Plastic Water Storage Tank Market Outlook
  • Market Size of Philippines Plastic Water Storage Tank Market, 2024
  • Forecast of Philippines Plastic Water Storage Tank Market, 2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Revenues & Volume for the Period 2021-2031
  • Philippines Plastic Water Storage Tank Market Trend Evolution
  • Philippines Plastic Water Storage Tank Market Drivers and Challenges
  • Philippines Plastic Water Storage Tank Price Trends
  • Philippines Plastic Water Storage Tank Porter's Five Forces
  • Philippines Plastic Water Storage Tank Industry Life Cycle
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Polymer Used for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Polyethylene for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Fiber Glass for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Type Of Plastic for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Virgin for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Recycle for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Shape for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Cylindrical for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Rectangular for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Other for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Size for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Small (<1000 Ltr) for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Medium (1000 ?? 5000 Ltr) for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Large (5000+ Ltrs) for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Domestic for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Philippines Plastic Water Storage Tank Market Revenues & Volume By Industrial for the Period 2021-2031
  • Philippines Plastic Water Storage Tank Import Export Trade Statistics
  • Market Opportunity Assessment By Polymer Used
  • Market Opportunity Assessment By Type Of Plastic
  • Market Opportunity Assessment By Shape
  • Market Opportunity Assessment By Size
  • Market Opportunity Assessment By Application
  • Philippines Plastic Water Storage Tank Top Companies Market Share
  • Philippines Plastic Water Storage Tank Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Plastic Water Storage Tank Company Profiles
  • Philippines Plastic Water Storage Tank Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Plastic Water Storage Tank Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Plastic Water Storage Tank Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Plastic Water Storage Tank Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Plastic Water Storage Tank Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Plastic Water Storage Tank Market - Industry Life Cycle

3.4 Philippines Plastic Water Storage Tank Market - Porter's Five Forces

3.5 Philippines Plastic Water Storage Tank Market Revenues & Volume Share, By Polymer Used, 2021 & 2031F

3.6 Philippines Plastic Water Storage Tank Market Revenues & Volume Share, By Type Of Plastic, 2021 & 2031F

3.7 Philippines Plastic Water Storage Tank Market Revenues & Volume Share, By Shape, 2021 & 2031F

3.8 Philippines Plastic Water Storage Tank Market Revenues & Volume Share, By Size, 2021 & 2031F

3.9 Philippines Plastic Water Storage Tank Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Philippines Plastic Water Storage Tank Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing urbanization and increasing population leading to higher demand for water storage solutions.

4.2.2 Government initiatives promoting the use of plastic water storage tanks for rainwater harvesting and water conservation.

4.2.3 Rising awareness about the importance of clean water storage and sanitation among households and commercial establishments.

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials used in the manufacturing of plastic water storage tanks.

4.3.2 Competition from alternative water storage solutions such as concrete tanks or steel tanks.

4.3.3 Environmental concerns related to the disposal and recycling of plastic water storage tanks.

5 Philippines Plastic Water Storage Tank Market Trends

6 Philippines Plastic Water Storage Tank Market, By Types

6.1 Philippines Plastic Water Storage Tank Market, By Polymer Used

6.1.1 Overview and Analysis

6.1.2 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Polymer Used, 2021-2031F

6.1.3 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Polyethylene, 2021-2031F

6.1.4 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Fiber Glass , 2021-2031F

6.1.5 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Others, 2021-2031F

6.2 Philippines Plastic Water Storage Tank Market, By Type Of Plastic

6.2.1 Overview and Analysis

6.2.2 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Virgin, 2021-2031F

6.2.3 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Recycle, 2021-2031F

6.3 Philippines Plastic Water Storage Tank Market, By Shape

6.3.1 Overview and Analysis

6.3.2 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Cylindrical, 2021-2031F

6.3.3 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Rectangular, 2021-2031F

6.3.4 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Other, 2021-2031F

6.4 Philippines Plastic Water Storage Tank Market, By Size

6.4.1 Overview and Analysis

6.4.2 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Small (<1000 Ltr), 2021-2031F

6.4.3 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Medium (1000 ?? 5000 Ltr), 2021-2031F

6.4.4 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Large (5000+ Ltrs), 2021-2031F

6.5 Philippines Plastic Water Storage Tank Market, By Application

6.5.1 Overview and Analysis

6.5.2 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Domestic, 2021-2031F

6.5.3 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Commercial, 2021-2031F

6.5.4 Philippines Plastic Water Storage Tank Market Revenues & Volume, By Industrial, 2021-2031F

7 Philippines Plastic Water Storage Tank Market Import-Export Trade Statistics

7.1 Philippines Plastic Water Storage Tank Market Export to Major Countries

7.2 Philippines Plastic Water Storage Tank Market Imports from Major Countries

8 Philippines Plastic Water Storage Tank Market Key Performance Indicators

8.1 Average annual growth rate of households with plastic water storage tanks.

8.2 Number of government projects incorporating plastic water storage tanks.

8.3 Percentage increase in demand for plastic water storage tanks in rural areas.

9 Philippines Plastic Water Storage Tank Market - Opportunity Assessment

9.1 Philippines Plastic Water Storage Tank Market Opportunity Assessment, By Polymer Used, 2021 & 2031F

9.2 Philippines Plastic Water Storage Tank Market Opportunity Assessment, By Type Of Plastic, 2021 & 2031F

9.3 Philippines Plastic Water Storage Tank Market Opportunity Assessment, By Shape, 2021 & 2031F

9.4 Philippines Plastic Water Storage Tank Market Opportunity Assessment, By Size, 2021 & 2031F

9.5 Philippines Plastic Water Storage Tank Market Opportunity Assessment, By Application, 2021 & 2031F

10 Philippines Plastic Water Storage Tank Market - Competitive Landscape

10.1 Philippines Plastic Water Storage Tank Market Revenue Share, By Companies, 2024

10.2 Philippines Plastic Water Storage Tank Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All