Product Code: ETC344429 | 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 | |
The Philippines riveting tools market was valued at US$ 37. 7 million in 2025 and is projected to grow at a CAGR of 8. 2% over the coming years, due to the increasing number of construction projects in the country. The market has witnessed strong growth over the last few years on account of rising investments in infrastructure development and industrial activities across major cities such as Metro Manila, Calabarzon, Central Luzon, Western Visayas and Zamboanga Peninsula. Moreover, increased government initiatives for encouraging investment towards infrastructural development are expected to drive the demand for riveting tools further during the forecast period.
The Philippines riveting tools market is connected to the manufacturing and construction sectors. The demand for riveting tools is driven by infrastructure projects, manufacturing activities, and repairs in industries such as automotive, aerospace, and construction. Technological advancements in riveting techniques, along with growth in these industries, contribute to market growth.
In the Philippines riveting tools market, competition from imported tools and potential fluctuations in the availability of raw materials could pose challenges. Maintaining product quality, offering a diverse range of tools to cater to different industries, and providing effective after-sales support will be important to address these challenges. Moreover, staying updated with technological advancements in riveting processes will also be crucial for sustained growth.
The Riveting Tools market saw a decline in demand due to the slowdown in construction and manufacturing activities during lockdowns. Many construction projects were put on hold, leading to reduced demand for riveting tools. Additionally, supply chain disruptions affected the availability of these tools, further impacting the market.
Riveting tools find application in various industries, including construction, automotive, and manufacturing. The Philippines` construction and manufacturing sectors play a significant role in driving the demand for riveting tools. As infrastructure projects and manufacturing activities continue, the market for these tools is expected to grow. Key players in this market could include local suppliers like Gavino Welding Supplies and international manufacturers like Stanley Black & Decker.
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 Riveting Tools Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Riveting Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Riveting Tools Market - Industry Life Cycle |
3.4 Philippines Riveting Tools Market - Porter's Five Forces |
3.5 Philippines Riveting Tools Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Riveting Tools Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Riveting Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure projects in the Philippines |
4.2.2 Increasing demand for lightweight and portable riveting tools |
4.2.3 Rise in automotive manufacturing activities in the country |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting manufacturing costs |
4.3.2 Competition from substitute fastening technologies |
4.3.3 Economic uncertainties impacting investment in new tools and equipment |
5 Philippines Riveting Tools Market Trends |
6 Philippines Riveting Tools Market, By Types |
6.1 Philippines Riveting Tools Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Riveting Tools Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Riveting Tools Market Revenues & Volume, By Pneumatic Rivet Tools, 2021-2031F |
6.1.4 Philippines Riveting Tools Market Revenues & Volume, By Hydro-pneumatic Rivet Tools, 2021-2031F |
6.1.5 Philippines Riveting Tools Market Revenues & Volume, By Battery Powered Rivet Tools, 2021-2031F |
6.1.6 Philippines Riveting Tools Market Revenues & Volume, By Lazy Tong Rivet Tools, 2021-2031F |
6.1.7 Philippines Riveting Tools Market Revenues & Volume, By Hand Held Lever Rivet Tools, 2021-2031F |
6.2 Philippines Riveting Tools Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Riveting Tools Market Revenues & Volume, By Automotive & Aerospace, 2021-2031F |
6.2.3 Philippines Riveting Tools Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Philippines Riveting Tools Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.5 Philippines Riveting Tools Market Revenues & Volume, By Woodworking & Decorative, 2021-2031F |
6.2.6 Philippines Riveting Tools Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Riveting Tools Market Import-Export Trade Statistics |
7.1 Philippines Riveting Tools Market Export to Major Countries |
7.2 Philippines Riveting Tools Market Imports from Major Countries |
8 Philippines Riveting Tools Market Key Performance Indicators |
8.1 Number of construction permits issued in the Philippines |
8.2 Adoption rate of advanced riveting technologies in manufacturing sectors |
8.3 Average lifespan of riveting tools in industrial usage |
9 Philippines Riveting Tools Market - Opportunity Assessment |
9.1 Philippines Riveting Tools Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Riveting Tools Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Riveting Tools Market - Competitive Landscape |
10.1 Philippines Riveting Tools Market Revenue Share, By Companies, 2024 |
10.2 Philippines Riveting Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |