| Product Code: ETC8852035 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines solid board import market in 2024 continued to be dominated by key players such as China, Indonesia, Thailand, and Japan. Notably, there was a significant growth rate of 25.28% from 2023 to 2024, indicating a surge in demand for solid board imports. Despite the high concentration with a Herfindahl-Hirschman Index (HHI) remaining very high, the market showed a steady compound annual growth rate (CAGR) of 0.92% from 2020 to 2024. This suggests a stable yet competitive landscape for solid board imports in the Philippines.

The solid board market in the Philippines caters to packaging and construction industries. Solid boards are known for their strength and moisture resistance, making them suitable for industrial packaging, furniture back panels, and building materials. Demand is driven by manufacturing activity and rising logistics needs.
The solid board market in the Philippines is driven by the growth of the packaging industry. Solid board, used in the production of durable packaging materials, is in high demand as e-commerce and retail industries grow. With a focus on sustainability and cost-effectiveness, solid board is becoming a preferred choice for packaging solutions.
The Philippines solid board market faces challenges related to raw material supply, cost fluctuations, and environmental concerns. Solid boards, which are commonly used in packaging and printing, rely on wood pulp and recycled materials, which can be subject to supply chain disruptions and cost fluctuations. The environmental impact of producing solid boards, particularly regarding deforestation and waste management, has led to growing concerns from both consumers and regulatory bodies. Additionally, the increasing shift toward sustainable packaging materials poses challenges to the traditional solid board market.
Solid Boards serve packaging, signage, and construction sectors. Local manufacturing capacity is limited, so imports dominate the market. Investors may consider establishing processing units in special economic zones, supplying high-strength boards for e-commerce packaging, or collaborating with recycling firms to produce recycled content boards.
The government is actively promoting the growth of the solid board market, particularly for use in packaging applications. Solid board is a durable material that is used in the packaging of various goods. Policies include financial incentives for manufacturers that adopt eco-friendly production methods and promote recycling within the industry. These initiatives align with the Philippines environmental goals of reducing waste and encouraging the use of sustainable materials in manufacturing.
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 Solid Board Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Solid Board Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Solid Board Market - Industry Life Cycle |
3.4 Philippines Solid Board Market - Porter's Five Forces |
3.5 Philippines Solid Board Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Solid Board Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Solid Board Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable packaging solutions in the Philippines |
4.2.2 Growth in e-commerce industry leading to higher demand for solid board packaging |
4.2.3 Rising awareness about environmental concerns and preference for eco-friendly packaging materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative packaging materials such as plastics |
4.3.3 Regulatory challenges and compliance requirements affecting the solid board market |
5 Philippines Solid Board Market Trends |
6 Philippines Solid Board Market, By Types |
6.1 Philippines Solid Board Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Solid Board Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Solid Board Market Revenues & Volume, By Bleached Solid Board, 2021- 2031F |
6.1.4 Philippines Solid Board Market Revenues & Volume, By Unbleached Solid Board, 2021- 2031F |
6.2 Philippines Solid Board Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Solid Board Market Revenues & Volume, By Chilled Packaging, 2021- 2031F |
6.2.3 Philippines Solid Board Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.2.4 Philippines Solid Board Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.2.5 Philippines Solid Board Market Revenues & Volume, By Other, 2021- 2031F |
7 Philippines Solid Board Market Import-Export Trade Statistics |
7.1 Philippines Solid Board Market Export to Major Countries |
7.2 Philippines Solid Board Market Imports from Major Countries |
8 Philippines Solid Board Market Key Performance Indicators |
8.1 Percentage of solid board packaging material sourced from sustainable and recycled sources |
8.2 Rate of adoption of solid board packaging solutions by major e-commerce companies in the Philippines |
8.3 Number of government initiatives promoting the use of eco-friendly packaging materials in the country |
9 Philippines Solid Board Market - Opportunity Assessment |
9.1 Philippines Solid Board Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Solid Board Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Solid Board Market - Competitive Landscape |
10.1 Philippines Solid Board Market Revenue Share, By Companies, 2024 |
10.2 Philippines Solid Board Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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