| Product Code: ETC8853204 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to rely heavily on textile finishing agents imports, with top exporters being China, Macao SAR, Taiwan, Thailand, and India. Despite the high concentration with a high Herfindahl-Hirschman Index (HHI), the industry experienced significant growth with a remarkable compound annual growth rate (CAGR) of 30.48% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -25.08%, indicating a potential shift in market dynamics or external factors impacting the industry.

Textile finishing agents enhance fabric properties such as softness, water resistance, and durability. The increasing demand for high-performance textiles in apparel, home furnishings, and industrial applications is fueling market expansion.
The demand for high-performance textiles with enhanced durability, water resistance, and wrinkle-free properties has fueled the need for textile finishing agents in the Philippines. The increasing focus on fabric quality and functional properties has led to innovations in finishing technologies, including antimicrobial, flame-retardant, and UV-resistant coatings. The rising popularity of technical textiles in industries such as healthcare, sportswear, and automotive is further driving the demand for advanced textile finishing solutions. Additionally, the push for eco-friendly and sustainable finishing agents, in line with global environmental regulations, is shaping the market landscape.
The textile finishing agents market is pressured by increasing demand for sustainable and non-toxic alternatives. Traditional chemical-based finishing agents face regulatory restrictions due to their environmental impact. Additionally, the cost of developing and adopting bio-based finishing agents remains high, limiting their widespread use.
The textile finishing industry requires specialized chemicals to enhance fabric properties such as water resistance, softness, and durability. Investors can focus on developing eco-friendly finishing agents and securing contracts with textile manufacturers. Innovation in non-toxic and biodegradable formulations can differentiate products and attract environmentally conscious brands.
The use of textile finishing agents is regulated by the DENR to minimize environmental impact. The government promotes the adoption of biodegradable and non-toxic finishing chemicals, while tax incentives are available for businesses implementing green textile processing methods.
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 Textile Finishing Agents Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Textile Finishing Agents Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Textile Finishing Agents Market - Industry Life Cycle |
3.4 Philippines Textile Finishing Agents Market - Porter's Five Forces |
3.5 Philippines Textile Finishing Agents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Textile Finishing Agents Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Philippines Textile Finishing Agents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Textile Finishing Agents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly textile finishing agents |
4.2.2 Increasing awareness about the benefits of using high-quality finishing agents in textile production |
4.2.3 Technological advancements in textile finishing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Stringent regulations regarding chemical usage in textile finishing agents |
4.3.3 Intense competition among key market players |
5 Philippines Textile Finishing Agents Market Trends |
6 Philippines Textile Finishing Agents Market, By Types |
6.1 Philippines Textile Finishing Agents Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Textile Finishing Agents Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Textile Finishing Agents Market Revenues & Volume, By Aesthetic, 2021- 2031F |
6.1.4 Philippines Textile Finishing Agents Market Revenues & Volume, By Functional, 2021- 2031F |
6.2 Philippines Textile Finishing Agents Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Philippines Textile Finishing Agents Market Revenues & Volume, By Water Repellant, 2021- 2031F |
6.2.3 Philippines Textile Finishing Agents Market Revenues & Volume, By Flame Retardant, 2021- 2031F |
6.2.4 Philippines Textile Finishing Agents Market Revenues & Volume, By Softeners, 2021- 2031F |
6.2.5 Philippines Textile Finishing Agents Market Revenues & Volume, By Antibacterial & Antimicrobial, 2021- 2031F |
6.2.6 Philippines Textile Finishing Agents Market Revenues & Volume, By Fragrance Agents, 2021- 2031F |
6.2.7 Philippines Textile Finishing Agents Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Textile Finishing Agents Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Textile Finishing Agents Market Revenues & Volume, By Apparel, 2021- 2031F |
6.3.3 Philippines Textile Finishing Agents Market Revenues & Volume, By Home Furnishing, 2021- 2031F |
6.3.4 Philippines Textile Finishing Agents Market Revenues & Volume, By Technical Textiles, 2021- 2031F |
6.3.5 Philippines Textile Finishing Agents Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Textile Finishing Agents Market Import-Export Trade Statistics |
7.1 Philippines Textile Finishing Agents Market Export to Major Countries |
7.2 Philippines Textile Finishing Agents Market Imports from Major Countries |
8 Philippines Textile Finishing Agents Market Key Performance Indicators |
8.1 Percentage of textile manufacturers adopting sustainable finishing agents |
8.2 Research and development expenditure on improving textile finishing agent formulations |
8.3 Number of patents filed for innovative textile finishing agent technologies |
9 Philippines Textile Finishing Agents Market - Opportunity Assessment |
9.1 Philippines Textile Finishing Agents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Textile Finishing Agents Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Philippines Textile Finishing Agents Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Textile Finishing Agents Market - Competitive Landscape |
10.1 Philippines Textile Finishing Agents Market Revenue Share, By Companies, 2024 |
10.2 Philippines Textile Finishing Agents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |