| Product Code: ETC8851918 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the soft covering flooring import shipments in the Philippines continued to show strong growth, with a high Herfindahl-Hirschman Index (HHI) indicating market concentration. The top exporting countries to the Philippines, including China, South Korea, Malaysia, Japan, and Vietnam, played a significant role in meeting the demand for these products. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 16.64%, with a notable growth rate of 13.98% from 2023 to 2024, reflecting a thriving market for soft covering flooring imports in the country.

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 Soft Covering Flooring Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Soft Covering Flooring Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Soft Covering Flooring Market - Industry Life Cycle |
3.4 Philippines Soft Covering Flooring Market - Porter's Five Forces |
3.5 Philippines Soft Covering Flooring Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Soft Covering Flooring Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Soft Covering Flooring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing urbanization and infrastructure development in the Philippines leading to increased demand for soft covering flooring. |
4.2.2 Rising disposable income and changing consumer preferences towards aesthetically pleasing and comfortable flooring options. |
4.2.3 Expansion of the real estate sector, including residential and commercial construction projects, driving the demand for soft covering flooring products. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the cost of production and pricing of soft covering flooring. |
4.3.2 Intense competition among market players leading to pricing pressures and margin constraints. |
4.3.3 Regulatory challenges and compliance requirements affecting the manufacturing and distribution of soft covering flooring products. |
5 Philippines Soft Covering Flooring Market Trends |
6 Philippines Soft Covering Flooring Market, By Types |
6.1 Philippines Soft Covering Flooring Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Soft Covering Flooring Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Soft Covering Flooring Market Revenues & Volume, By Carpet tiles, 2021- 2031F |
6.1.4 Philippines Soft Covering Flooring Market Revenues & Volume, By Broadloom, 2021- 2031F |
6.2 Philippines Soft Covering Flooring Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Soft Covering Flooring Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Philippines Soft Covering Flooring Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Philippines Soft Covering Flooring Market Import-Export Trade Statistics |
7.1 Philippines Soft Covering Flooring Market Export to Major Countries |
7.2 Philippines Soft Covering Flooring Market Imports from Major Countries |
8 Philippines Soft Covering Flooring Market Key Performance Indicators |
8.1 Average selling price (ASP) per square meter of soft covering flooring products. |
8.2 Number of new construction projects in the residential and commercial sectors. |
8.3 Consumer sentiment towards soft covering flooring options based on surveys and feedback. |
8.4 Adoption rate of eco-friendly and sustainable soft covering flooring materials in the market. |
8.5 Percentage of market penetration in different regions of the Philippines. |
9 Philippines Soft Covering Flooring Market - Opportunity Assessment |
9.1 Philippines Soft Covering Flooring Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Soft Covering Flooring Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Soft Covering Flooring Market - Competitive Landscape |
10.1 Philippines Soft Covering Flooring Market Revenue Share, By Companies, 2024 |
10.2 Philippines Soft Covering Flooring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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