Philippines Plastic Wrap Market (2025-2031) | Trends, Outlook, Growth, Value, Forecast, Analysis, Size & Revenue, Competitive Landscape, Segmentation, Companies, Share, Industry

Name: Philippines Plastic Wrap Market (2025-2031) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Plastic Wrap Market, Philippines Plastic Wrap Market, Philippines Plastic Wrap Market Revenues, Philippines Plastic Wrap Market Share, Philippines Plastic Wrap Market Size, Philippines Plastic Wrap Market Outlook, Philippines Plastic Wrap Market Report, Philippines Plastic Wrap Market Competition, Philippines Plastic Wrap Market Overview, Philippines Plastic Wrap Market Trends, Philippines Plastic Wrap Market Forecast

Market Forecast By Type (Stretch Films, Shrink Films, Metallized Films, Twist Film, Release Film, Twist Rope, Others), By Material (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Ethylene Vinyl Alcohol Copolymer (EVOH), Ethylene-Vinyl Acetate (EVA), Nylon, Others), By Feature (Moisture Proof, Water Soluble), By Processing Type (Casting, Multiple Extrusion, Blow Molding, Injection Molding), By Transparency (Transparent, Translucent, Opaque), By End-User (Food and Beverages, Pharmaceuticals, Personal Care and Cosmetics, Chemical, Others), By Distribution Channel (E-commerce, Convenience Store, Retail Stores, Supermarket/Hypermarket, Others) And Competitive Landscape

Product Code: ETC8849004	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Sumit Sagar	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Philippines Plastic Wrap Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Philippines continues to rely on key exporters such as China, Malaysia, Thailand, Vietnam, and the USA for its plastic wrap import shipments in 2024. Despite the high concentration of market share among these countries, the industry has shown steady growth with a CAGR of 8.1% from 2020 to 2024. The impressive growth rate of 24.08% from 2023 to 2024 indicates a promising trajectory for the plastic wrap import market in the Philippines.

Philippines Plastic Wrap Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Philippines Plastic Wrap Market Overview

Plastic wrap is a staple in both commercial food service and household kitchens in the Philippines. Used primarily to preserve food, its popularity stems from affordability and ease of use. However, growing awareness of plastic waste is pushing manufacturers to develop biodegradable and compostable alternatives without compromising functionality.

Trends of the market

Plastic wrap continues to be an essential product in both commercial and domestic food storage applications. In the Philippines, the market is driven by food retail, catering, and household use. With growing environmental concerns, manufacturers are beginning to explore biodegradable and compostable film alternatives, especially in urban areas where sustainable consumer behavior is rising.

Challenges of the market

Plastic wrap products are increasingly scrutinized due to their single-use nature. Rising demand for compostable and biodegradable films presents both an opportunity and a threat, as transitioning requires significant R&D investment. Recycling plastic wrap is also difficult, limiting its appeal in a sustainability-focused environment.

Investment opportunities in the Market

Plastic wrap used for food preservation and packaging offers steady demand from households and food services. Investment in this segment can target production of cling films with features like microwave safety, tear resistance, and recyclable content. Evolving food safety standards and convenience-focused consumers make this an essential everyday product with a resilient market.

Government Policy of the market

The plastic wrap market in the Philippines is expanding due to the growing demand for packaging materials in the food, retail, and logistics sectors. Government policies that focus on reducing plastic waste and promoting recycling have led to the development of more sustainable plastic wrap solutions. The government is providing incentives for businesses adopting environmentally friendly packaging alternatives, which is driving innovation in the plastic wrap market.

Key Highlights of the Report:

Philippines Plastic Wrap Market Outlook
Market Size of Philippines Plastic Wrap Market, 2024
Forecast of Philippines Plastic Wrap Market, 2031
Historical Data and Forecast of Philippines Plastic Wrap Revenues & Volume for the Period 2021- 2031
Philippines Plastic Wrap Market Trend Evolution
Philippines Plastic Wrap Market Drivers and Challenges
Philippines Plastic Wrap Price Trends
Philippines Plastic Wrap Porter's Five Forces
Philippines Plastic Wrap Industry Life Cycle
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Type for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Stretch Films for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Shrink Films for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Metallized Films for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Twist Film for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Release Film for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Twist Rope for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Material for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Polypropylene (PP) for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Polyethylene (PE) for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Polyvinyl Chloride (PVC) for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Polyethylene Terephthalate (PET) for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Ethylene Vinyl Alcohol Copolymer (EVOH) for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Ethylene-Vinyl Acetate (EVA) for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Nylon for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Feature for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Moisture Proof for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Water Soluble for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Processing Type for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Casting for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Multiple Extrusion for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Blow Molding for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Injection Molding for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Transparency for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Transparent for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Translucent for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Opaque for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By End-User for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Food and Beverages for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Pharmaceuticals for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Personal Care and Cosmetics for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Chemical for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By E-commerce for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Convenience Store for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Retail Stores for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Supermarket/Hypermarket for the Period 2021- 2031
Historical Data and Forecast of Philippines Plastic Wrap Market Revenues & Volume By Others for the Period 2021- 2031
Philippines Plastic Wrap Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Material
Market Opportunity Assessment By Feature
Market Opportunity Assessment By Processing Type
Market Opportunity Assessment By Transparency
Market Opportunity Assessment By End-User
Market Opportunity Assessment By Distribution Channel
Philippines Plastic Wrap Top Companies Market Share
Philippines Plastic Wrap Competitive Benchmarking By Technical and Operational Parameters
Philippines Plastic Wrap Company Profiles
Philippines Plastic Wrap Key Strategic Recommendations

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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 Wrap Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Plastic Wrap Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Plastic Wrap Market - Industry Life Cycle

3.4 Philippines Plastic Wrap Market - Porter's Five Forces

3.5 Philippines Plastic Wrap Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Philippines Plastic Wrap Market Revenues & Volume Share, By Material, 2021 & 2031F

3.7 Philippines Plastic Wrap Market Revenues & Volume Share, By Feature, 2021 & 2031F

3.8 Philippines Plastic Wrap Market Revenues & Volume Share, By Processing Type, 2021 & 2031F

3.9 Philippines Plastic Wrap Market Revenues & Volume Share, By Transparency, 2021 & 2031F

3.10 Philippines Plastic Wrap Market Revenues & Volume Share, By End-User, 2021 & 2031F

3.11 Philippines Plastic Wrap Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Philippines Plastic Wrap Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for convenience and packaged food products

4.2.2 Growth in the e-commerce sector leading to higher demand for packaging materials

4.2.3 Rising awareness about food safety and hygiene

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials such as plastic resins

4.3.2 Environmental concerns leading to a shift towards sustainable packaging solutions

4.3.3 Competition from alternative packaging materials like biodegradable wraps

5 Philippines Plastic Wrap Market Trends

6 Philippines Plastic Wrap Market, By Types

6.1 Philippines Plastic Wrap Market, By Type

6.1.1 Overview and Analysis

6.1.2 Philippines Plastic Wrap Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Philippines Plastic Wrap Market Revenues & Volume, By Stretch Films, 2021- 2031F

6.1.4 Philippines Plastic Wrap Market Revenues & Volume, By Shrink Films, 2021- 2031F

6.1.5 Philippines Plastic Wrap Market Revenues & Volume, By Metallized Films, 2021- 2031F

6.1.6 Philippines Plastic Wrap Market Revenues & Volume, By Twist Film, 2021- 2031F

6.1.7 Philippines Plastic Wrap Market Revenues & Volume, By Release Film, 2021- 2031F

6.1.8 Philippines Plastic Wrap Market Revenues & Volume, By Twist Rope, 2021- 2031F

6.2 Philippines Plastic Wrap Market, By Material

6.2.1 Overview and Analysis

6.2.2 Philippines Plastic Wrap Market Revenues & Volume, By Polypropylene (PP), 2021- 2031F

6.2.3 Philippines Plastic Wrap Market Revenues & Volume, By Polyethylene (PE), 2021- 2031F

6.2.4 Philippines Plastic Wrap Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021- 2031F

6.2.5 Philippines Plastic Wrap Market Revenues & Volume, By Polyethylene Terephthalate (PET), 2021- 2031F

6.2.6 Philippines Plastic Wrap Market Revenues & Volume, By Ethylene Vinyl Alcohol Copolymer (EVOH), 2021- 2031F

6.2.7 Philippines Plastic Wrap Market Revenues & Volume, By Ethylene-Vinyl Acetate (EVA), 2021- 2031F

6.2.8 Philippines Plastic Wrap Market Revenues & Volume, By Others, 2021- 2031F

6.2.9 Philippines Plastic Wrap Market Revenues & Volume, By Others, 2021- 2031F

6.3 Philippines Plastic Wrap Market, By Feature

6.3.1 Overview and Analysis

6.3.2 Philippines Plastic Wrap Market Revenues & Volume, By Moisture Proof, 2021- 2031F

6.3.3 Philippines Plastic Wrap Market Revenues & Volume, By Water Soluble, 2021- 2031F

6.4 Philippines Plastic Wrap Market, By Processing Type

6.4.1 Overview and Analysis

6.4.2 Philippines Plastic Wrap Market Revenues & Volume, By Casting, 2021- 2031F

6.4.3 Philippines Plastic Wrap Market Revenues & Volume, By Multiple Extrusion, 2021- 2031F

6.4.4 Philippines Plastic Wrap Market Revenues & Volume, By Blow Molding, 2021- 2031F

6.4.5 Philippines Plastic Wrap Market Revenues & Volume, By Injection Molding, 2021- 2031F

6.5 Philippines Plastic Wrap Market, By Transparency

6.5.1 Overview and Analysis

6.5.2 Philippines Plastic Wrap Market Revenues & Volume, By Transparent, 2021- 2031F

6.5.3 Philippines Plastic Wrap Market Revenues & Volume, By Translucent, 2021- 2031F

6.5.4 Philippines Plastic Wrap Market Revenues & Volume, By Opaque, 2021- 2031F

6.6 Philippines Plastic Wrap Market, By End-User

6.6.1 Overview and Analysis

6.6.2 Philippines Plastic Wrap Market Revenues & Volume, By Food and Beverages, 2021- 2031F

6.6.3 Philippines Plastic Wrap Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F

6.6.4 Philippines Plastic Wrap Market Revenues & Volume, By Personal Care and Cosmetics, 2021- 2031F

6.6.5 Philippines Plastic Wrap Market Revenues & Volume, By Chemical, 2021- 2031F

6.6.6 Philippines Plastic Wrap Market Revenues & Volume, By Others, 2021- 2031F

6.7 Philippines Plastic Wrap Market, By Distribution Channel

6.7.1 Overview and Analysis

6.7.2 Philippines Plastic Wrap Market Revenues & Volume, By E-commerce, 2021- 2031F

6.7.3 Philippines Plastic Wrap Market Revenues & Volume, By Convenience Store, 2021- 2031F

6.7.4 Philippines Plastic Wrap Market Revenues & Volume, By Supermarket/Hypermarket, 2021- 2031F

6.7.5 Philippines Plastic Wrap Market Revenues & Volume, By Supermarket/Hypermarket, 2021- 2031F

6.7.6 Philippines Plastic Wrap Market Revenues & Volume, By Others, 2021- 2031F

7 Philippines Plastic Wrap Market Import-Export Trade Statistics

7.1 Philippines Plastic Wrap Market Export to Major Countries

7.2 Philippines Plastic Wrap Market Imports from Major Countries

8 Philippines Plastic Wrap Market Key Performance Indicators

8.1 Percentage of food manufacturers using plastic wrap for packaging

8.2 Adoption rate of plastic wrap in the e-commerce sector

8.3 Recycling rate of plastic wraps in the Philippines

8.4 Consumer perception surveys on the importance of food packaging hygiene

9 Philippines Plastic Wrap Market - Opportunity Assessment

9.1 Philippines Plastic Wrap Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Philippines Plastic Wrap Market Opportunity Assessment, By Material, 2021 & 2031F

9.3 Philippines Plastic Wrap Market Opportunity Assessment, By Feature, 2021 & 2031F

9.4 Philippines Plastic Wrap Market Opportunity Assessment, By Processing Type, 2021 & 2031F

9.5 Philippines Plastic Wrap Market Opportunity Assessment, By Transparency, 2021 & 2031F

9.6 Philippines Plastic Wrap Market Opportunity Assessment, By End-User, 2021 & 2031F

9.7 Philippines Plastic Wrap Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Philippines Plastic Wrap Market - Competitive Landscape

10.1 Philippines Plastic Wrap Market Revenue Share, By Companies, 2024

10.2 Philippines Plastic Wrap Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Africa Plastic Wrap Market

Global Plastic Wrap Market

Middle East Plastic Wrap Market

North America Plastic Wrap Market

Uruguay Plastic Wrap Market

Uzbekistan Plastic Wrap Market

Vanuatu Plastic Wrap Market

Yemen Plastic Wrap Market

Zambia Plastic Wrap Market

Export potential assessment - trade Analytics for 2030

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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