| Product Code: ETC8854542 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to rely on imports of water-based pigments, with key suppliers being China, India, Japan, South Korea, and Taiwan. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market, while the modest Compound Annual Growth Rate (CAGR) of 1.28% indicates steady growth. The impressive growth rate of 12.82% from 2023 to 2024 highlights an increasing demand for water-based pigments in the Philippines, signaling potential opportunities for market expansion and development in the coming years.

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 Water Based Pigments Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Water Based Pigments Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Water Based Pigments Market - Industry Life Cycle |
3.4 Philippines Water Based Pigments Market - Porter's Five Forces |
3.5 Philippines Water Based Pigments Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Water Based Pigments Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Water Based Pigments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for environmentally friendly and non-toxic products in various industries. |
4.2.2 Increasing awareness about the harmful effects of solvent-based pigments on health and the environment. |
4.2.3 Government regulations promoting the use of water-based pigments for sustainability and compliance. |
4.3 Market Restraints |
4.3.1 Higher initial costs associated with transitioning from solvent-based to water-based pigments. |
4.3.2 Limited color options and performance capabilities compared to solvent-based pigments. |
4.3.3 Lack of awareness and education among end-users about the benefits of water-based pigments. |
5 Philippines Water Based Pigments Market Trends |
6 Philippines Water Based Pigments Market, By Types |
6.1 Philippines Water Based Pigments Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Water Based Pigments Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Water Based Pigments Market Revenues & Volume, By Organic Water Based Pigments, 2021- 2031F |
6.1.4 Philippines Water Based Pigments Market Revenues & Volume, By Inorganic Water Based Pigments, 2021- 2031F |
6.2 Philippines Water Based Pigments Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Water Based Pigments Market Revenues & Volume, By Paints and Coatings, 2021- 2031F |
6.2.3 Philippines Water Based Pigments Market Revenues & Volume, By Printing Inks, 2021- 2031F |
6.2.4 Philippines Water Based Pigments Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Water Based Pigments Market Import-Export Trade Statistics |
7.1 Philippines Water Based Pigments Market Export to Major Countries |
7.2 Philippines Water Based Pigments Market Imports from Major Countries |
8 Philippines Water Based Pigments Market Key Performance Indicators |
8.1 Percentage of companies adopting water-based pigments in their production processes. |
8.2 Number of new product developments in the water-based pigments market. |
8.3 Increase in the number of certifications or endorsements for eco-friendly and sustainable pigments. |
8.4 Environmental impact assessments showcasing the benefits of water-based pigments over solvent-based alternatives. |
9 Philippines Water Based Pigments Market - Opportunity Assessment |
9.1 Philippines Water Based Pigments Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Water Based Pigments Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Water Based Pigments Market - Competitive Landscape |
10.1 Philippines Water Based Pigments Market Revenue Share, By Companies, 2024 |
10.2 Philippines Water Based Pigments 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.
To discover high-growth global markets and optimize your business strategy:
Click Here