| Product Code: ETC8854584 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines witnessed a significant increase in water-soluble paints import shipments in 2024, with top exporters being Japan, Thailand, South Korea, Singapore, and Germany. The market showed a shift from low to moderate concentration, indicating a more diversified import market. The compound annual growth rate (CAGR) for the period 2020-2024 was a steady 2.71%, while the growth rate from 2023 to 2024 surged impressively by 63.31%. This growth trend suggests a rising demand for water-soluble paints in the Philippines, driven by quality products from key exporting countries.

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-Soluble Paints Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Water-Soluble Paints Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Water-Soluble Paints Market - Industry Life Cycle |
3.4 Philippines Water-Soluble Paints Market - Porter's Five Forces |
3.5 Philippines Water-Soluble Paints Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Philippines Water-Soluble Paints Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Water-Soluble Paints Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental concerns and the shift towards eco-friendly products |
4.2.2 Growth in the construction industry and infrastructure development projects in the Philippines |
4.2.3 Rising disposable income and changing consumer preferences towards sustainable products |
4.3 Market Restraints |
4.3.1 Higher initial costs associated with water-soluble paints compared to conventional paints |
4.3.2 Limited color options and finish varieties in water-soluble paints |
4.3.3 Lack of awareness and education among consumers about the benefits of using water-soluble paints |
5 Philippines Water-Soluble Paints Market Trends |
6 Philippines Water-Soluble Paints Market, By Types |
6.1 Philippines Water-Soluble Paints Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Water-Soluble Paints Market Revenues & Volume, By Material Type, 2021- 2031F |
6.1.3 Philippines Water-Soluble Paints Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.4 Philippines Water-Soluble Paints Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.5 Philippines Water-Soluble Paints Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.6 Philippines Water-Soluble Paints Market Revenues & Volume, By Vinylic, 2021- 2031F |
6.1.7 Philippines Water-Soluble Paints Market Revenues & Volume, By Alkyd, 2021- 2031F |
6.1.8 Philippines Water-Soluble Paints Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.9 Philippines Water-Soluble Paints Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Philippines Water-Soluble Paints Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Water-Soluble Paints Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Water-Soluble Paints Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Philippines Water-Soluble Paints Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Philippines Water-Soluble Paints Market Revenues & Volume, By Infrastructure, 2021- 2031F |
6.2.5 Philippines Water-Soluble Paints Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.6 Philippines Water-Soluble Paints Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Water-Soluble Paints Market Import-Export Trade Statistics |
7.1 Philippines Water-Soluble Paints Market Export to Major Countries |
7.2 Philippines Water-Soluble Paints Market Imports from Major Countries |
8 Philippines Water-Soluble Paints Market Key Performance Indicators |
8.1 Percentage increase in the adoption of eco-friendly painting solutions |
8.2 Number of new construction projects opting for water-soluble paints |
8.3 Growth in the number of retail outlets offering water-soluble paint solutions |
9 Philippines Water-Soluble Paints Market - Opportunity Assessment |
9.1 Philippines Water-Soluble Paints Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Philippines Water-Soluble Paints Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Water-Soluble Paints Market - Competitive Landscape |
10.1 Philippines Water-Soluble Paints Market Revenue Share, By Companies, 2024 |
10.2 Philippines Water-Soluble Paints Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |