Product Code: ETC354269 | 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 | |
The mass timber market in Philippines is projected to register a CAGR of 8. 1% during the forecats period owing to government initiatives encouraging sustainable building practices along with an increase in investments towards renewable energy sources like biomass energy production using mass timber technology coupled with growing urbanization witnessed across different parts of the country thereby augmenting its utilization rate significantly over this forecast period.
Mass timber, an innovative construction material, could gain traction in the Philippines due to its sustainability and efficiency in building construction. Factors such as urbanization, demand for eco-friendly construction methods, and advancements in timber engineering could shape the market`s growth.
In the mass timber market, the growing demand for sustainable and eco-friendly construction materials is driving interest in mass timber as an alternative to traditional construction methods. However, challenges remain in terms of regulatory frameworks, skill gaps in construction techniques, and potential supply chain limitations for quality timber.
The mass timber market, which was experiencing growth due to its eco-friendly and sustainable properties, faced challenges during the pandemic. Disruptions in supply chains, labor shortages, and uncertainties in construction projects led to delays and reduced demand for mass timber products.
The use of mass timber in construction was a growing trend globally, including in the Philippines, due to its sustainability and structural benefits. Companies like Lend Lease, Structurlam, and Nordic Structures were some of the global players in the mass timber industry.
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 Mass Timber Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Mass Timber Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Mass Timber Market - Industry Life Cycle |
3.4 Philippines Mass Timber Market - Porter's Five Forces |
3.5 Philippines Mass Timber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Mass Timber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Mass Timber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Mass Timber Market Trends |
6 Philippines Mass Timber Market, By Types |
6.1 Philippines Mass Timber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Mass Timber Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Mass Timber Market Revenues & Volume, By Adhesive Bonded, 2021-2031F |
6.1.4 Philippines Mass Timber Market Revenues & Volume, By Mechanically Fastened, 2021-2031F |
6.2 Philippines Mass Timber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Mass Timber Market Revenues & Volume, By Residential buildings, 2021-2031F |
6.2.3 Philippines Mass Timber Market Revenues & Volume, By Educational Institutes, 2021-2031F |
6.2.4 Philippines Mass Timber Market Revenues & Volume, By Government/Public Buildings, 2021-2031F |
6.2.5 Philippines Mass Timber Market Revenues & Volume, By Industrial & Commercial Spaces, 2021-2031F |
7 Philippines Mass Timber Market Import-Export Trade Statistics |
7.1 Philippines Mass Timber Market Export to Major Countries |
7.2 Philippines Mass Timber Market Imports from Major Countries |
8 Philippines Mass Timber Market Key Performance Indicators |
9 Philippines Mass Timber Market - Opportunity Assessment |
9.1 Philippines Mass Timber Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Mass Timber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Mass Timber Market - Competitive Landscape |
10.1 Philippines Mass Timber Market Revenue Share, By Companies, 2024 |
10.2 Philippines Mass Timber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |