| Product Code: ETC239489 | 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 |
The Philippines continues to rely on imports of rayon fancy yarn, with top exporters in 2024 being China, Taiwan, South Korea, Hong Kong, and the USA. Despite high concentration with HHI, the market experienced a significant decline with a CAGR of -6.63% from 2020 to 2024. The growth rate plummeted by -71.32% in 2024 compared to the previous year, indicating a challenging environment for import shipments in the rayon fancy yarn sector. Market players should closely monitor these trends and adapt their strategies accordingly to navigate the market dynamics effectively.

The Philippines roofing market is poised for steady expansion, driven by urbanization, infrastructure development, and a growing housing sector. Based on real market data, the roofing market is expected to grow at a CAGR of approximately 6% in the coming years. The demand for durable, energy-efficient, and aesthetically pleasing roofing solutions is escalating as the construction industry booms. Additionally, climate considerations and disaster preparedness are urging the adoption of robust roofing materials. This has resulted in increased investments in metal roofing, asphalt shingles, and other advanced roofing technologies to cater to diverse climatic conditions and architectural preferences.
The roofing market in the Philippines is anticipated to grow due to several driving factors. The construction and real estate sectors` growth, along with urbanization and infrastructure development, is expected to drive demand for roofing materials. Additionally, the increasing awareness of energy-efficient and environmentally friendly roofing solutions is likely to boost the adoption of innovative roofing materials. Extreme weather conditions and the need for durable and weather-resistant roofing systems are further driving factors behind the growth of this market.
The roofing market in the Philippines faces challenges primarily driven by climate-related factors. With the country`s susceptibility to typhoons and extreme weather events, there is a need for roofing materials that can withstand high winds and heavy rains. Finding the right balance between durability, affordability, and resilience to weather conditions is a significant challenge for the roofing industry.
The COVID-19 pandemic initially led to project delays and disruptions in the construction sector. However, as construction activities resume and government infrastructure projects continue, the roofing market is expected to recover gradually.
The roofing industry in the Philippines is experiencing steady growth, driven by construction and renovation activities. Noteworthy companies like DN Steel Group of Companies and Colorsteel Systems Corporation are pivotal in shaping the market through their wide range of roofing solutions and commitment to quality.
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 Rayon Fancy Yarn Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Rayon Fancy Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Rayon Fancy Yarn Market - Industry Life Cycle |
3.4 Philippines Rayon Fancy Yarn Market - Porter's Five Forces |
3.5 Philippines Rayon Fancy Yarn Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Rayon Fancy Yarn Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.7 Philippines Rayon Fancy Yarn Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Philippines Rayon Fancy Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly textiles |
4.2.2 Increasing focus on fashion and textile industry in the Philippines |
4.2.3 Rising disposable income leading to higher spending on premium yarn products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from other synthetic and natural yarn alternatives |
4.3.3 Economic uncertainties affecting consumer purchasing power |
5 Philippines Rayon Fancy Yarn Market Trends |
6 Philippines Rayon Fancy Yarn Market, By Types |
6.1 Philippines Rayon Fancy Yarn Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Spiral Yarn, 2021-2031F |
6.1.4 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Gimp Yarn, 2021-2031F |
6.1.5 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Loop Yarn, 2021-2031F |
6.1.6 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Snarl Yarn, 2021-2031F |
6.1.7 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Knob Yarn, 2021-2031F |
6.1.8 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Slub Yarn, 2021-2031F |
6.2 Philippines Rayon Fancy Yarn Market, By Price |
6.2.1 Overview and Analysis |
6.2.2 Philippines Rayon Fancy Yarn Market Revenues & Volume, By High/Premium, 2021-2031F |
6.2.3 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Medium, 2021-2031F |
6.2.4 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Low, 2021-2031F |
6.3 Philippines Rayon Fancy Yarn Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Fashion Clothing, 2021-2031F |
6.3.3 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Knitwear, 2021-2031F |
6.3.4 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Ties, 2021-2031F |
6.3.5 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Furnishings, 2021-2031F |
6.3.6 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Curtains, 2021-2031F |
6.3.7 Philippines Rayon Fancy Yarn Market Revenues & Volume, By Upholstery, 2021-2031F |
7 Philippines Rayon Fancy Yarn Market Import-Export Trade Statistics |
7.1 Philippines Rayon Fancy Yarn Market Export to Major Countries |
7.2 Philippines Rayon Fancy Yarn Market Imports from Major Countries |
8 Philippines Rayon Fancy Yarn Market Key Performance Indicators |
8.1 Percentage of recycled materials used in rayon fancy yarn production |
8.2 Number of fashion events and exhibitions featuring rayon fancy yarn products |
8.3 Consumer sentiment towards sustainable and eco-friendly textile options |
9 Philippines Rayon Fancy Yarn Market - Opportunity Assessment |
9.1 Philippines Rayon Fancy Yarn Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Rayon Fancy Yarn Market Opportunity Assessment, By Price, 2021 & 2031F |
9.3 Philippines Rayon Fancy Yarn Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Philippines Rayon Fancy Yarn Market - Competitive Landscape |
10.1 Philippines Rayon Fancy Yarn Market Revenue Share, By Companies, 2024 |
10.2 Philippines Rayon Fancy Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |