| Product Code: ETC353129 | 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 |
The Philippines continues to rely on imports for wood crown moulding, with key suppliers in 2024 being New Zealand, China, Denmark, Estonia, and Finland. Despite a concerning high concentration of imports, the market experienced a significant decline with a CAGR of -26.56% from 2020 to 2024. The negative growth trend persisted in 2024, with a year-on-year decrease of -17.44%. This data suggests a challenging market environment for wood crown moulding imports in the Philippines, highlighting the need for strategic planning and adaptation by industry players.

The wood crown moulding market in the Philippines is estimated to witness a CAGR of 4. 6% during the forecast period owing to its application across residential and commercial projects such as hotels, restaurants, offices etc. Moreover, due to its aesthetic appeal as well as easy installation features it is preferred over other alternatives like metal framing systems or plastic moldings by many customers thus escalating demand for wood crown moulding from different parts of the country including Metro Manila, Cavite, Laguna and Rizal among others.
The demand for wood crown moulding is closely tied to the construction and interior design sectors. Crown mouldings are used for decorative purposes in homes, offices, and commercial spaces. Factors driving the market include architectural trends, construction activities, and the preference for enhancing interior aesthetics. The market outlook depends on sustained demand for interior design solutions and construction projects.
Challenges in the wood crown moulding market might include competition from alternative materials, maintaining consistent quality, and addressing design and aesthetic trends in the construction and interior design industries.
The pandemic impacted this market through reduced demand for home improvement projects and interior design services. Economic uncertainties and restrictions on movement affected both consumer spending and construction activities. The market`s outlook depends on the recovery of the real estate and construction sectors, as well as the resurgence of demand for interior design products.
Key players operating in the Philippines wood crown moulding market include: Armstrong World Industries, Inc., Imperial Manufacturing Group, Ekena Millwork LLC, Metrie Corporation, USG Corporation Ltd., Cove Mouldings Limited, Guangzhou Leader Building Materials Co., Ltd., Foshan Shenglida Wood Industry Co. ,Ltd., Jinchuan Wood Products Factory Co. Ltd., and China Yatong Building Decoration Material Co. Ltd.
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 Wood Crown Moulding Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Wood Crown Moulding Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Wood Crown Moulding Market - Industry Life Cycle |
3.4 Philippines Wood Crown Moulding Market - Porter's Five Forces |
3.5 Philippines Wood Crown Moulding Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines Wood Crown Moulding Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Philippines Wood Crown Moulding Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction and real estate development activities in the Philippines |
4.2.2 Increasing demand for aesthetically pleasing interior design solutions |
4.2.3 Rising disposable income leading to higher spending on home improvement projects |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Competition from alternative materials like PVC and polyurethane mouldings |
4.3.3 Economic uncertainty impacting consumer spending on luxury home decor items |
5 Philippines Wood Crown Moulding Market Trends |
6 Philippines Wood Crown Moulding Market, By Types |
6.1 Philippines Wood Crown Moulding Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Wood Crown Moulding Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Philippines Wood Crown Moulding Market Revenues & Volume, By Fire-retardant Woods, 2021-2031F |
6.1.4 Philippines Wood Crown Moulding Market Revenues & Volume, By Moisture Resistant Woods, 2021-2031F |
6.1.5 Philippines Wood Crown Moulding Market Revenues & Volume, By General Woods, 2021-2031F |
6.2 Philippines Wood Crown Moulding Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Wood Crown Moulding Market Revenues & Volume, By Furniture Industry, 2021-2031F |
6.2.3 Philippines Wood Crown Moulding Market Revenues & Volume, By Building Materials, 2021-2031F |
6.2.4 Philippines Wood Crown Moulding Market Revenues & Volume, By Interior Decoration, 2021-2031F |
6.2.5 Philippines Wood Crown Moulding Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Wood Crown Moulding Market Import-Export Trade Statistics |
7.1 Philippines Wood Crown Moulding Market Export to Major Countries |
7.2 Philippines Wood Crown Moulding Market Imports from Major Countries |
8 Philippines Wood Crown Moulding Market Key Performance Indicators |
8.1 Number of new construction projects in the Philippines |
8.2 Average spending on home renovations per household |
8.3 Percentage of interior designers using wood crown moulding in their projects |
9 Philippines Wood Crown Moulding Market - Opportunity Assessment |
9.1 Philippines Wood Crown Moulding Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines Wood Crown Moulding Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Philippines Wood Crown Moulding Market - Competitive Landscape |
10.1 Philippines Wood Crown Moulding Market Revenue Share, By Companies, 2024 |
10.2 Philippines Wood Crown Moulding Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |