Product Code: ETC8854959 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The overall wood market in the Philippines is diverse, encompassing raw timber, processed wood, and wood products for construction, furniture, and crafts. The country imports a significant portion of its wood supply due to limitations in domestic forestry output. Government initiatives support sustainable forestry and wood processing to reduce reliance on imports. Rising demand from the housing and infrastructure sectors is expected to keep this market on a growth trajectory.
The general wood market in the Philippines encompasses raw timber, sawn wood, processed panels, and finished products. The sector is heavily reliant on imports due to limited domestic forest resources. Demand is shaped by construction, furniture manufacturing, and infrastructure development. Sustainability and certification are increasingly important for both export compliance and consumer preference.
The Philippine wood market grapples with declining domestic production, unable to meet the growing demand from construction and furniture sectors. This shortfall has led to increased reliance on imports, making the market susceptible to global price fluctuations and supply chain disruptions. Illegal logging remains a persistent issue, threatening sustainable forestry practices and leading to stricter regulations that can hamper legitimate operations. Additionally, the industry faces challenges from natural disasters, such as typhoons, which can disrupt supply chains and damage infrastructure.
The overall wood market in the Philippines supports a diverse range of industries from construction to furniture. Sustainable forestry management, value-added processing, and export expansion are key investment areas. Innovations in certification and traceability improve market access to global buyers.
The Philippines` wood market is tightly regulated through comprehensive forestry management and environmental protection policies. The DENR, through its Forest Management Bureau, enforces laws on timber harvesting, forest land use, and reforestation, such as the Revised Forestry Code and Executive Order No. 23, which imposed a logging moratorium in natural forests. Legal sourcing of timber is strictly monitored through permits and documentation under the Forest Certification System. Moreover, wood processing and trade are subject to regulation by the DTI and Bureau of Customs, which control both import and export activities. There is also increasing government support for plantation forestry and community-based forest management to provide sustainable wood supply. Policies encourage investments in downstream industries like furniture and construction, which rely heavily on wood products, thereby shaping the demand dynamics within the market.
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 Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Wood Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Wood Market - Industry Life Cycle |
3.4 Philippines Wood Market - Porter's Five Forces |
3.5 Philippines Wood Market Revenues & Volume Share, By Timber Type, 2021 & 2031F |
3.6 Philippines Wood Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Wood Market Revenues & Volume Share, By Use, 2021 & 2031F |
3.8 Philippines Wood Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Wood Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Wood Market Trends |
6 Philippines Wood Market, By Types |
6.1 Philippines Wood Market, By Timber Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Wood Market Revenues & Volume, By Timber Type, 2021- 2031F |
6.1.3 Philippines Wood Market Revenues & Volume, By Ash, 2021- 2031F |
6.1.4 Philippines Wood Market Revenues & Volume, By Beech, 2021- 2031F |
6.1.5 Philippines Wood Market Revenues & Volume, By Birch, 2021- 2031F |
6.1.6 Philippines Wood Market Revenues & Volume, By Cedar, 2021- 2031F |
6.1.7 Philippines Wood Market Revenues & Volume, By Fir, 2021- 2031F |
6.1.8 Philippines Wood Market Revenues & Volume, By Mahogany, 2021- 2031F |
6.1.9 Philippines Wood Market Revenues & Volume, By Oak, 2021- 2031F |
6.1.10 Philippines Wood Market Revenues & Volume, By Oak, 2021- 2031F |
6.2 Philippines Wood Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Wood Market Revenues & Volume, By Fuel Wood, 2021- 2031F |
6.2.3 Philippines Wood Market Revenues & Volume, By Industrial Round Wood, 2021- 2031F |
6.2.4 Philippines Wood Market Revenues & Volume, By Engineered Woods, 2021- 2031F |
6.3 Philippines Wood Market, By Use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Wood Market Revenues & Volume, By Construction, 2021- 2031F |
6.3.3 Philippines Wood Market Revenues & Volume, By Flooring, 2021- 2031F |
6.3.4 Philippines Wood Market Revenues & Volume, By Packaging, 2021- 2031F |
6.3.5 Philippines Wood Market Revenues & Volume, By Transport, 2021- 2031F |
6.3.6 Philippines Wood Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Philippines Wood Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Philippines Wood Market Revenues & Volume, By Residential and commercial, 2021- 2031F |
6.4.3 Philippines Wood Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Philippines Wood Market Import-Export Trade Statistics |
7.1 Philippines Wood Market Export to Major Countries |
7.2 Philippines Wood Market Imports from Major Countries |
8 Philippines Wood Market Key Performance Indicators |
9 Philippines Wood Market - Opportunity Assessment |
9.1 Philippines Wood Market Opportunity Assessment, By Timber Type, 2021 & 2031F |
9.2 Philippines Wood Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Wood Market Opportunity Assessment, By Use, 2021 & 2031F |
9.4 Philippines Wood Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Wood Market - Competitive Landscape |
10.1 Philippines Wood Market Revenue Share, By Companies, 2024 |
10.2 Philippines Wood Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |