| Product Code: ETC354809 | 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 |
Despite a high concentration of imports from top countries like China, Japan, and Vietnam, the Philippines steel framing import market experienced a significant decline in 2024 with a negative CAGR of -4.4% from 2020 to 2024. The growth rate plummeted by a staggering -50.72% in 2024 compared to the previous year. This downward trend suggests a challenging environment for steel framing importers in the Philippines, requiring a strategic approach to navigate through market uncertainties and potential disruptions.

The Steel Framing market in Philippines is projected to grow at a high growth rate of 12.10% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

The Philippine steel framing market was estimated to be valued at approximately USD 28 million in 2025 and is forecasted to witness strong growth over the coming years driven mainly by accelerating investments in infrastructure projects as well as robust growth witnessed across residential buildings including single family homes due high affordability despite volatile economic conditions resulting from COVID-19 pandemic outbreak since mid-2025. The steel framing products are widely utilized within both commercial buildings such as offices & retail spaces along with residential real estate constructions owing their superior strength versus traditional alternatives like wood or concrete among other benefits including fire resistance properties leading into more widespread usage within building structures.
The Philippines steel framing market is set to experience steady growth due to its advantages over traditional construction materials like wood. Steel framing offers durability, resistance to termites and other pests, and improved structural integrity, making it a preferred choice for both residential and commercial construction projects. Rapid urbanization, population growth, and the need for sustainable and disaster-resistant infrastructure are key drivers for the steel framing market. Additionally, government initiatives to promote modern construction techniques that align with safety and sustainability standards are expected to further boost the market.
Challenges in the steel framing market might include managing the costs of raw materials, addressing environmental concerns related to steel production, complying with building codes and regulations, competing with alternative framing materials, and adapting to evolving architectural and construction trends.
The steel framing market in the Philippines was also negatively affected by the pandemic. The disruptions in the supply chain, shortage of labor, and restrictions on construction activities led to project delays and cancellations. As a result, demand for steel framing materials decreased significantly. The market`s recovery depends on the resumption of construction projects and the revival of real estate and infrastructure development. However, it`s important to note that the recovery may be gradual, considering the challenges in rebuilding supply chains and restoring workforce capacities.
Steel framing is widely used in the construction industry as an alternative to traditional wood framing. It offers durability and strength for building structures. Some major key players include SteelAsia Manufacturing Corporation, Union Galvasteel Corporation, and Puyat Steel Corporation.
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 Steel Framing Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Steel Framing Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Steel Framing Market - Industry Life Cycle |
3.4 Philippines Steel Framing Market - Porter's Five Forces |
3.5 Philippines Steel Framing Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Steel Framing Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Philippines Steel Framing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for affordable and sustainable construction solutions |
4.2.2 Growing focus on disaster-resilient infrastructure projects |
4.2.3 Government initiatives promoting the use of steel framing in construction |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Limited awareness and adoption of steel framing techniques among local contractors |
4.3.3 Competition from traditional construction methods such as concrete and wood framing |
5 Philippines Steel Framing Market Trends |
6 Philippines Steel Framing Market, By Types |
6.1 Philippines Steel Framing Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Steel Framing Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Steel Framing Market Revenues & Volume, By Skeleton steel framing, 2021-2031F |
6.1.4 Philippines Steel Framing Market Revenues & Volume, By Wall bearing steel framing, 2021-2031F |
6.1.5 Philippines Steel Framing Market Revenues & Volume, By Long span steel framing, 2021-2031F |
6.2 Philippines Steel Framing Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Philippines Steel Framing Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Philippines Steel Framing Market Revenues & Volume, By Residential, 2021-2031F |
6.2.4 Philippines Steel Framing Market Revenues & Volume, By Industrial, 2021-2031F |
7 Philippines Steel Framing Market Import-Export Trade Statistics |
7.1 Philippines Steel Framing Market Export to Major Countries |
7.2 Philippines Steel Framing Market Imports from Major Countries |
8 Philippines Steel Framing Market Key Performance Indicators |
8.1 Adoption rate of steel framing technology in new construction projects |
8.2 Number of government projects incorporating steel framing |
8.3 Percentage increase in the use of steel framing in residential construction |
8.4 Number of training programs conducted to educate contractors on steel framing techniques |
8.5 Growth in the number of steel framing manufacturers and suppliers in the Philippines |
9 Philippines Steel Framing Market - Opportunity Assessment |
9.1 Philippines Steel Framing Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Steel Framing Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Philippines Steel Framing Market - Competitive Landscape |
10.1 Philippines Steel Framing Market Revenue Share, By Companies, 2024 |
10.2 Philippines Steel Framing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |