| Product Code: ETC342989 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to see a significant influx of printing transfer paper imports, with top exporters being China, Japan, UK, South Korea, and Thailand. Despite the diverse range of countries involved, the market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) over the period 2020-2024 was notably negative at -30.47%, indicating challenging market conditions. Furthermore, the growth rate from 2023 to 2024 showed a further decline at -10.48%, suggesting a need for strategic shifts and adaptation within the industry to drive future growth.
The premix plaster market in the Philippines is estimated to be worth around PHP 2. 9 billion in 2025, with a volume of more than 150 thousand tons. The market has been growing at a CAGR of 8. 2% since 2017 and is expected to continue its growth trajectory over the coming years. Printing transfer paper is used in various industries for transferring designs, images, or text onto different surfaces, often in the garment and textile industry. The demand for transfer paper is influenced by factors such as the growth of the fashion and textiles industry, customization trends, and the rise of e-commerce.
The printing transfer paper market is closely linked to the growth of the textile, apparel, and custom merchandise industries. With a rising middle class and increased spending power, consumers are looking for personalized and unique items. Printing transfer paper enables businesses to offer custom-designed clothing and accessories, contributing to its growth. The market is also driven by the popularity of online marketplaces and e-commerce platforms.
The market is not immune to challenges. Counterfeit and low-quality transfer papers in the market can undermine the reputation of genuine products and affect customer trust. Additionally, fluctuations in the demand for customized apparel and promotional items could impact the market`s stability. Ensuring consistent quality and exploring new application areas could help mitigate these challenges.
The printing transfer paper market was tied to the graphics and textile printing industries. Similar to the printing inks market, this segment faced challenges due to disruptions in supply chains and decreased demand. Textile printing, in particular, may have been impacted as the fashion and apparel sectors experienced declines. As businesses reopen and consumer spending picks up, the market for printing transfer paper is likely to recover, although the pace of recovery may vary across industries.
The major players operating in the Philippines printing transfer paper market include Canon Inc., Epson Corporation, HP Development Company LP (formerly Hewlett Packard), Ricoh Co Ltd., Xerox Corporation, Fuji Photo Film Co Ltd., Lexmark International Inc., Brother Industries Ltd., Konica Minolta Business Solutions U. S. A Inc., Dell Technologies Inc., Konica Minolta Holdings Inc. These companies have adopted various strategies such as product launches and partnerships/collaborations to strengthen their presence in the Philippine Printing Transfer Paper Market over recent years.
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 Printing Transfer Paper Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Printing Transfer Paper Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Printing Transfer Paper Market - Industry Life Cycle |
3.4 Philippines Printing Transfer Paper Market - Porter's Five Forces |
3.5 Philippines Printing Transfer Paper Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Philippines Printing Transfer Paper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for customized products and personalized printing in the Philippines |
4.2.2 Growing adoption of digital printing technologies in the country |
4.2.3 Rising popularity of DIY crafts and projects among consumers |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up printing transfer paper businesses |
4.3.2 Fluctuating prices of raw materials such as specialty coatings and inks |
5 Philippines Printing Transfer Paper Market Trends |
6 Philippines Printing Transfer Paper Market, By Types |
6.1 Philippines Printing Transfer Paper Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Printing Transfer Paper Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Printing Transfer Paper Market Revenues & Volume, By Screen Printed Transfers, 2021-2031F |
6.1.4 Philippines Printing Transfer Paper Market Revenues & Volume, By Heat Transfers, 2021-2031F |
6.1.5 Philippines Printing Transfer Paper Market Revenues & Volume, By Sublimation Transfers, 2021-2031F |
6.1.6 Philippines Printing Transfer Paper Market Revenues & Volume, By Inkjet & Laser Transfers, 2021-2031F |
7 Philippines Printing Transfer Paper Market Import-Export Trade Statistics |
7.1 Philippines Printing Transfer Paper Market Export to Major Countries |
7.2 Philippines Printing Transfer Paper Market Imports from Major Countries |
8 Philippines Printing Transfer Paper Market Key Performance Indicators |
8.1 Adoption rate of digital printing technologies in the Philippines |
8.2 Number of printing transfer paper manufacturers entering the market |
8.3 Percentage of consumers engaging in DIY crafts and projects using transfer paper technology |
9 Philippines Printing Transfer Paper Market - Opportunity Assessment |
9.1 Philippines Printing Transfer Paper Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Philippines Printing Transfer Paper Market - Competitive Landscape |
10.1 Philippines Printing Transfer Paper Market Revenue Share, By Companies, 2024 |
10.2 Philippines Printing Transfer Paper Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |