Philippines Water Color Market (2025-2031) Outlook | Revenue, Value, Size, Industry, Growth, Trends, Forecast, Share, Companies & Analysis

Market Forecast By Product Type (Pure Transparent Watercolors, Semi-Transparent Watercolors, Opaque Watercolors), By End User (Students, Artists/ Professionals), By Price Range (Less than US$ 25, US$ 25 “ US$ 100, US$ 100 “ US$ 200, More than US$ 200), By Sales Channel (Wholesalers/ Distributors, Supermarkets/ Hypermarkets, Specialty Stores, Multi-brand Stores, Online Retailers, Others) And Competitive Landscape
Product Code: ETC352469 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

Philippines Water Color Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, the Philippines experienced a significant decrease in watercolor import shipments with a growth rate of -32.88% compared to the previous year. Despite this decline, the top countries exporting watercolors to the Philippines were China, Mexico, USA, Thailand, and South Korea, indicating a diverse market source. The market concentration, as measured by the HHI, remained very high in 2024, suggesting a competitive landscape among these top exporting countries. With a modest compound annual growth rate (CAGR) of 2.3% from 2020-2024, the Philippines watercolor import market shows potential for gradual expansion in the coming years.

Philippines Water Color Market Top 5 Importing Countries and Market Competition (HHI) Analysis

philippines water color market Synopsis

The Philippine water color market was valued at approximately USD 46 million in 2025 and it is predicted that by 2025 it could reach almost USD 66 million growing at a compound annual growth rate (CAGR) of 5. 1%. This indicates that there will be steady growth across different application segments within this sector over time with both professional artists looking for high quality paints as well consumer goods companies producing art supplies aimed at amateur painters accounting for much of this activity and driving up overall sales figures accordingly year on year.

Drivers of the Market

The Philippines watercolor market is poised for growth driven by the increasing interest in art and creative expression. Watercolor paints are popular for their versatility, ease of use, and vibrant effects. As art-related activities gain traction, driven by education, hobbies, and professional pursuits, the demand for quality watercolor supplies is expected to rise. The market`s outlook is positively influenced by the ongoing emphasis on artistic endeavors and the availability of diverse art materials catering to different skill levels.

Challenges of the Market

The watercolor market might face challenges in terms of pigment quality, lightfastness, and color consistency. Meeting artists` expectations for vibrant and long-lasting colors while complying with safety and environmental regulations can be complex. Moreover, shifts in consumer preferences and trends in the art industry could impact demand for specific colors and formulations.

COVID-19 Impact on the Market

The market for watercolors faced challenges as art-related activities were affected by lockdowns and restrictions. Art supply stores, workshops, and educational institutions experienced disruptions, impacting the demand for watercolors. The outlook depends on the recovery of the arts and education sectors, as well as shifts in consumer preferences for creative hobbies.

Key Players in the Market

In the Philippines watercolor market, several key players have established themselves as influential contributors. These companies have consistently demonstrated their expertise and commitment to providing high-quality watercolor products to cater to the artistic needs of consumers. Some of the prominent names in this market include ArtPhil, ColorWave Creations, PintaPerfect, CreativeHues, and MasterSplash.

Key Highlights of the Report:

  • Philippines Water Color Market Outlook
  • Market Size of Philippines Water Color Market, 2024
  • Forecast of Philippines Water Color Market, 2031
  • Historical Data and Forecast of Philippines Water Color Revenues & Volume for the Period 2021-2031
  • Philippines Water Color Market Trend Evolution
  • Philippines Water Color Market Drivers and Challenges
  • Philippines Water Color Price Trends
  • Philippines Water Color Porter's Five Forces
  • Philippines Water Color Industry Life Cycle
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Pure Transparent Watercolors for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Semi-Transparent Watercolors for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Opaque Watercolors for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By End User for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Students for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Artists/ Professionals for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Price Range for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Less than US$ 25 for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By US$ 25 ?? US$ 100 for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By US$ 100 ?? US$ 200 for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By More than US$ 200 for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Sales Channel for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Wholesalers/ Distributors for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Supermarkets/ Hypermarkets for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Specialty Stores for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Multi-brand Stores for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Online Retailers for the Period 2021-2031
  • Historical Data and Forecast of Philippines Water Color Market Revenues & Volume By Others for the Period 2021-2031
  • Philippines Water Color Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By End User
  • Market Opportunity Assessment By Price Range
  • Market Opportunity Assessment By Sales Channel
  • Philippines Water Color Top Companies Market Share
  • Philippines Water Color Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Water Color Company Profiles
  • Philippines Water Color Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Water Color Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Water Color Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Water Color Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Water Color Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Water Color Market - Industry Life Cycle

3.4 Philippines Water Color Market - Porter's Five Forces

3.5 Philippines Water Color Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Philippines Water Color Market Revenues & Volume Share, By End User, 2021 & 2031F

3.7 Philippines Water Color Market Revenues & Volume Share, By Price Range, 2021 & 2031F

3.8 Philippines Water Color Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F

4 Philippines Water Color Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing interest in art and painting as a hobby or form of therapy

4.2.2 Growth in the education sector leading to a higher demand for art supplies

4.2.3 Rising disposable income levels supporting spending on recreational activities like painting

4.3 Market Restraints

4.3.1 Fluctuating raw material prices affecting production costs

4.3.2 Competition from alternative art mediums like digital art and markers

4.3.3 Limited awareness and access to quality watercolor products in remote areas

5 Philippines Water Color Market Trends

6 Philippines Water Color Market, By Types

6.1 Philippines Water Color Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Philippines Water Color Market Revenues & Volume, By Product Type, 2021-2031F

6.1.3 Philippines Water Color Market Revenues & Volume, By Pure Transparent Watercolors, 2021-2031F

6.1.4 Philippines Water Color Market Revenues & Volume, By Semi-Transparent Watercolors, 2021-2031F

6.1.5 Philippines Water Color Market Revenues & Volume, By Opaque Watercolors, 2021-2031F

6.2 Philippines Water Color Market, By End User

6.2.1 Overview and Analysis

6.2.2 Philippines Water Color Market Revenues & Volume, By Students, 2021-2031F

6.2.3 Philippines Water Color Market Revenues & Volume, By Artists/ Professionals, 2021-2031F

6.3 Philippines Water Color Market, By Price Range

6.3.1 Overview and Analysis

6.3.2 Philippines Water Color Market Revenues & Volume, By Less than US$ 25, 2021-2031F

6.3.3 Philippines Water Color Market Revenues & Volume, By US$ 25 ?? US$ 100, 2021-2031F

6.3.4 Philippines Water Color Market Revenues & Volume, By US$ 100 ?? US$ 200, 2021-2031F

6.3.5 Philippines Water Color Market Revenues & Volume, By More than US$ 200, 2021-2031F

6.4 Philippines Water Color Market, By Sales Channel

6.4.1 Overview and Analysis

6.4.2 Philippines Water Color Market Revenues & Volume, By Wholesalers/ Distributors, 2021-2031F

6.4.3 Philippines Water Color Market Revenues & Volume, By Supermarkets/ Hypermarkets, 2021-2031F

6.4.4 Philippines Water Color Market Revenues & Volume, By Specialty Stores, 2021-2031F

6.4.5 Philippines Water Color Market Revenues & Volume, By Multi-brand Stores, 2021-2031F

6.4.6 Philippines Water Color Market Revenues & Volume, By Online Retailers, 2021-2031F

6.4.7 Philippines Water Color Market Revenues & Volume, By Others, 2021-2031F

7 Philippines Water Color Market Import-Export Trade Statistics

7.1 Philippines Water Color Market Export to Major Countries

7.2 Philippines Water Color Market Imports from Major Countries

8 Philippines Water Color Market Key Performance Indicators

8.1 Number of art classes or workshops conducted nationwide

8.2 Percentage of households spending on art supplies

8.3 Frequency of art exhibitions and local art events

8.4 Number of online searches for watercolor painting tutorials

8.5 Participation rates in art competitions and events

9 Philippines Water Color Market - Opportunity Assessment

9.1 Philippines Water Color Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Philippines Water Color Market Opportunity Assessment, By End User, 2021 & 2031F

9.3 Philippines Water Color Market Opportunity Assessment, By Price Range, 2021 & 2031F

9.4 Philippines Water Color Market Opportunity Assessment, By Sales Channel, 2021 & 2031F

10 Philippines Water Color Market - Competitive Landscape

10.1 Philippines Water Color Market Revenue Share, By Companies, 2024

10.2 Philippines Water Color Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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