Product Code: ETC353249 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Wood recycling in the Philippines is still a relatively new and untapped industry. According to the Philippine Statistics Authority, wood waste generated in 2018 was estimated at 5 million metric tons (MT), out of which only around 2. 4 MT were recycled for further use. This represents a mere 48% recovery rate that could be improved significantly with more awareness on the benefits of wood recycling. In terms of market size, it is estimated that the total market value for wood recyclables reached about PHP 4 billion (USD 77 million) in 2018. The main player operating within this segment are local cooperatives and government-owned entities as private players are yet to enter into this space due to lack of infrastructure or support from authorities.
The wood recycling market is driven by environmental concerns, waste reduction goals, and sustainable practices. As awareness of environmental issues grows, there is increasing interest in recycling wood waste generated from construction, demolition, and manufacturing activities. The market`s outlook depends on waste management policies, recycling infrastructure, and the promotion of circular economy principles.
Challenges in the wood recycling market may include developing efficient collection and recycling systems, managing contaminated or treated wood waste, and creating awareness about the benefits of wood recycling in a market that might traditionally favor disposal.
The pandemic affected this market through fluctuations in waste generation, supply chain constraints, and changes in recycling infrastructure operations. Reduced economic activities and disruptions in waste collection systems influenced wood waste availability. The market`s outlook depends on waste management systems` recovery, the revival of construction activities, and the overall economic rebound.
The key players in this market include ITT Sanitaryware Corporation, Malabon Wood Industries Inc., The Furniture Source Philippines Inc., Aniwood Manufacturing Corp., Seng Hoe Timber Trading Co., Green Earth Recycling Enterprises, J&M Wooden Crafts Manufacturer Incorporated, AP Export Phils Co. Ltd., among others.
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 Recycling Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Wood Recycling Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Wood Recycling Market - Industry Life Cycle |
3.4 Philippines Wood Recycling Market - Porter's Five Forces |
3.5 Philippines Wood Recycling Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Wood Recycling Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Wood Recycling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Wood Recycling Market Trends |
6 Philippines Wood Recycling Market, By Types |
6.1 Philippines Wood Recycling Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Wood Recycling Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Wood Recycling Market Revenues & Volume, By Softwood, 2021-2031F |
6.1.4 Philippines Wood Recycling Market Revenues & Volume, By Hardwood, 2021-2031F |
6.1.5 Philippines Wood Recycling Market Revenues & Volume, By Block board, 2021-2031F |
6.1.6 Philippines Wood Recycling Market Revenues & Volume, By Plywood, 2021-2031F |
6.1.7 Philippines Wood Recycling Market Revenues & Volume, By Orientated strand board, 2021-2031F |
6.1.8 Philippines Wood Recycling Market Revenues & Volume, By Chipboard, 2021-2031F |
6.2 Philippines Wood Recycling Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Wood Recycling Market Revenues & Volume, By Wood Panels, 2021-2031F |
6.2.3 Philippines Wood Recycling Market Revenues & Volume, By Energy Generation, 2021-2031F |
6.2.4 Philippines Wood Recycling Market Revenues & Volume, By Particleboard, chip core or laminates, 2021-2031F |
6.2.5 Philippines Wood Recycling Market Revenues & Volume, By Animal bedding, mulch or decorative landscaping material, 2021-2031F |
6.2.6 Philippines Wood Recycling Market Revenues & Volume, By Pulp and paper products, 2021-2031F |
6.2.7 Philippines Wood Recycling Market Revenues & Volume, By Composting material, 2021-2031F |
7 Philippines Wood Recycling Market Import-Export Trade Statistics |
7.1 Philippines Wood Recycling Market Export to Major Countries |
7.2 Philippines Wood Recycling Market Imports from Major Countries |
8 Philippines Wood Recycling Market Key Performance Indicators |
9 Philippines Wood Recycling Market - Opportunity Assessment |
9.1 Philippines Wood Recycling Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Wood Recycling Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Wood Recycling Market - Competitive Landscape |
10.1 Philippines Wood Recycling Market Revenue Share, By Companies, 2024 |
10.2 Philippines Wood Recycling Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |