Product Code: ETC035389 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines plastics products market is expected to register a CAGR of more than 5.6% during the forecast period (2025-2031). Factors such as increasing demand for packaging food and beverages, rising personal disposable income, and growing preference for convenience are driving the growth of the market. Moreover, increasing investments in infrastructure projects have propelled the growth of construction and automotive industries which further bolsters the product demand. However, stringent government regulations on plastic waste management might hamper the market growth over forecasting years
The use of biodegradable plastics has been gaining traction owing to their environmental sustainability attributes as they degrade quickly into harmless substances unlike traditional plastics that take several centuries to decompose. Its usage helps in reducing carbon emission levels thereby creating an ecofriendly environment while helping countries meet their goals related to pollution control policies set by international organizations such as UNEP (United Nations Environment Program). Owing to these benefits associated with bioplastics, governments across various nations are encouraging their usage through financial assistance & tax deductions thus driving its adoption among manufacturers operating in this industry making it one of most sought after trend in this domain during 2025-2031 period.
The building & construction industry has grown significantly over past few decades due to rapid urbanization primarily witnessed by developing economies coupled with growing investment from both public and private sector entities into infrastructure projects worldwide propelling its demand especially within residential constructions space where polyvinyl chloride (PVC) is used extensively for flooring applications thereby providing impetus towards overall industry development which would positively affect global plastics products market between 2025-2031 timeframe
Stringent Government Regulations towards Plastic Waste Management: Governments across various countries have implemented stringent laws against plastic waste management due improper disposal resulting into severe water contamination leading health hazards alongwith land degradation causing atmospheric imbalance affecting ecology adversely creating problems like global warming; hence governments are striving hard against this problem through regular campaigns educating people regarding proper ways disposing off items made up from plastic thus limiting its proliferation across developed nations worldwide restraining expansion prospects of global plastics products industry throughout 2025-2031 timeline
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 Plastics Products Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Plastics Products Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Plastics Products Market - Industry Life Cycle |
3.4 Philippines Plastics Products Market - Porter's Five Forces |
3.5 Philippines Plastics Products Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines Plastics Products Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Philippines Plastics Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Plastics Products Market Trends |
6 Philippines Plastics Products Market, By Types |
6.1 Philippines Plastics Products Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Plastics Products Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Philippines Plastics Products Market Revenues & Volume, By Plastics Packaging Materials And Unlaminated Film And Sheet, 2021-2031F |
6.1.4 Philippines Plastics Products Market Revenues & Volume, By Plastic Pipes And Shapes, 2021-2031F |
6.1.5 Philippines Plastics Products Market Revenues & Volume, By Laminated Plastics Plate, Sheet, And Shape, 2021-2031F |
6.1.6 Philippines Plastics Products Market Revenues & Volume, By Plastics Bottle, 2021-2031F |
6.1.7 Philippines Plastics Products Market Revenues & Volume, By Urethane And Other Foam Product, 2021-2031F |
6.1.8 Philippines Plastics Products Market Revenues & Volume, By Polystyrene Foam Product, 2021-2031F |
6.2 Philippines Plastics Products Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Philippines Plastics Products Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.3 Philippines Plastics Products Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.4 Philippines Plastics Products Market Revenues & Volume, By Medical, 2021-2031F |
6.2.5 Philippines Plastics Products Market Revenues & Volume, By Construction, 2021-2031F |
6.2.6 Philippines Plastics Products Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Plastics Products Market Import-Export Trade Statistics |
7.1 Philippines Plastics Products Market Export to Major Countries |
7.2 Philippines Plastics Products Market Imports from Major Countries |
8 Philippines Plastics Products Market Key Performance Indicators |
9 Philippines Plastics Products Market - Opportunity Assessment |
9.1 Philippines Plastics Products Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines Plastics Products Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Philippines Plastics Products Market - Competitive Landscape |
10.1 Philippines Plastics Products Market Revenue Share, By Companies, 2024 |
10.2 Philippines Plastics Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |