Product Code: ETC345869 | 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 | |
Total market value of sawn wood in the Philippines was estimated at US$ 1. 3 billion in 2017. The segment accounted for a share of 8% within the total forest products trade and grew by an average annual rate of 5. 1% during the estimated years. Of this, imports held a share of 80%, valued at US$ 1 billion, while exports had 20%, worth US$ 0. 3 billion over the same period.
The Philippines sawn wood market is projected to experience growth due to the construction, furniture, and woodworking industries. The availability of diverse wood species in the country supports the demand for sawn wood. Increasing urbanization and the trend towards interior design and furniture customization contribute to the demand for quality sawn wood products. Sustainability concerns are driving the adoption of responsible wood sourcing and processing practices.
Challenges include sustainable sourcing of timber to prevent deforestation and comply with environmental regulations. The market also faces competition from alternative materials like engineered wood products. Maintaining consistent quality, preventing illegal logging, and addressing the carbon footprint of wood production are critical challenges for the market`s future.
The Philippines sawn wood market, closely tied to construction and furniture industries, faced challenges during the COVID-19 pandemic. The initial slowdown in construction and disruptions in supply chains impacted both production and demand for sawn wood. However, as the economy reopened and construction activities resumed, the market displayed signs of recovery. The shift towards remote work and increased focus on home improvement projects also contributed to the demand for wood products. The market`s trajectory will depend on the sustained revival of construction and furniture sectors in the post-pandemic landscape.
The sawn wood market is influenced by construction, furniture production, and woodworking industries. As these sectors experience growth, the demand for sawn wood for structural and decorative purposes also increases. Major players might include Timbermate Creations and Filtra Timber.
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 Sawn Wood Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Sawn Wood Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Sawn Wood Market - Industry Life Cycle |
3.4 Philippines Sawn Wood Market - Porter's Five Forces |
3.5 Philippines Sawn Wood Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Philippines Sawn Wood Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for construction and infrastructure development projects in the Philippines |
4.2.2 Increasing focus on sustainable and eco-friendly building materials |
4.2.3 Rise in disposable income leading to higher spending on furniture and interior decor |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Competition from alternative materials like steel and plastic |
4.3.3 Regulatory challenges related to logging and deforestation |
5 Philippines Sawn Wood Market Trends |
6 Philippines Sawn Wood Market, By Types |
6.1 Philippines Sawn Wood Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Sawn Wood Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Sawn Wood Market Revenues & Volume, By Hard Wood, 2021-2031F |
6.1.4 Philippines Sawn Wood Market Revenues & Volume, By Soft Wood, 2021-2031F |
7 Philippines Sawn Wood Market Import-Export Trade Statistics |
7.1 Philippines Sawn Wood Market Export to Major Countries |
7.2 Philippines Sawn Wood Market Imports from Major Countries |
8 Philippines Sawn Wood Market Key Performance Indicators |
8.1 Forest certification rate in the Philippines |
8.2 Import/export volume of sawn wood in the country |
8.3 Number of construction permits issued for residential and commercial projects |
8.4 Household expenditure on furniture and home improvement |
8.5 Percentage of sawn wood sourced from sustainable forests |
9 Philippines Sawn Wood Market - Opportunity Assessment |
9.1 Philippines Sawn Wood Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Philippines Sawn Wood Market - Competitive Landscape |
10.1 Philippines Sawn Wood Market Revenue Share, By Companies, 2024 |
10.2 Philippines Sawn Wood Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |