Philippines Glass Market report thoroughly covers the market by product types, application, and technology types. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Philippines Glass Market Synopsis
Philippines glass market revenues witnessed a steady growth in the previous few years owing to growth in residential and commercial sector. However, the market was affected in 2020 by the ongoing pandemic of COVID-19, which caused a halt to manufacturing activities thereby limiting production. Disruptions in the supply chain and international trade significantly impacted the Philippines glass market as the market is mostly import based with raw materials imported mainly from China, Thailand, Vietnam and Malaysia. However, the market revived soon and is expected to further grow during the forecast period owing to government investments in infrastructural development projects and rapidly expanding construction and automotive sector.
According to the publisher, Philippines Glass Market revenue is projected to grow at a CAGR of 10.1% during 2022-28. Glass market in Philippines is driven by rising demand from key application areas, especially the construction sector followed by the automotive sector. The country’s construction sector is expected to grow strongly owing to government investment of $ 6.5 billion USD in infrastructural development projects and introduction of “Build Build Build” programme (2017-2022) under which about 102 airport projects are scheduled. Furthermore, construction of 6,500 residential units per annum between 2022-26 and completion of 1,600 new hotel rooms in 2022 is expected to create demand for glass thereby significantly contributing towards the growth of glass market across the country.
Market by Product Type Analysis
In terms of product types, the segments Basic Glass & Tempered have captured 66% of the market revenues in 2021, with basic glass leading the market. Basic glass dominated the glass market revenues by product types in 2021 on account of it being sold in large quantities and its wider usage in different applications. Basic glass is manufactured using float glass technology which includes in-line assembly of glass production hence larger volume of glasses of basic glasses are produced using this technology.
Market by Application Analysis
In Philippines Glass Market, Architectural vertical have led the overall market revenues accounting more than 68% of the market revenues in 2021. Architectural segment acquired the majority revenue share in 2021 owing to approximately 71.6% of residential sector constructions in Q3 of 2021 and several ongoing projects including construction of mixed-use complex in Cebu, Telabastagan, Mandtra residences with 1,879 residential units and many more which created demand for basis, laminated and tempered glass.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2018 to 2021.
- Base Year: 2021
- Forecast Data until 2028.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Philippines Glass Market Overview
- Philippines Glass Market Outlook
- Philippines Glass Market Forecast
- Historical Data and Forecast of Philippines Glass Market Revenues for the Period 2018-2028F
- Historical Data and Forecast of Revenues, By Types, Verticals, and Regions for the Period 2018-2028F
- Market Drivers and Restraints
- Philippines Glass Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Philippines Glass Market - Impact Analysis of COVID-19
- Market Opportunity Assessment
- Philippines Glass Market Revenue Ranking, By Company
- Philippines Glass Market - Import Trade Statistics
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Product Types:
- Basic Glass
- Tempered
- Laminated
- Insulated
- Others (Low-Emissivity, Patterned, Tinted, Wire and Solar Coated Glass)
By Applications:
- Architectural
- Automotive & Transportation
- Others (Consumer Durables and Construction & Farm Equipment)
By Technology:
- Float
- Rolled
Table of Contents
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope and Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Philippines Glass Market Overview
3.1 Philippines Glass Market Revenues (2018-2028F)
3.2 Philippines Glass Market Industry Life Cycle
3.3 Philippines Glass Market Porter’s Five Forces Model
4. Impact Analysis of COVID-19 on Philippines Glass Market
5. Philippines Glass Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. Philippines Glass Market Trends & Evolution
7. Philippines Glass Market Overview, By Product Types
7.1 Philippines Glass Market Revenue Share and Revenues, By Basic (2018-2028F)
7.2 Philippines Glass Market Revenue Share and Revenues, By Tempered (2018-2028F)
7.3 Philippines Glass Market Revenue Share and Revenues, By Laminated (2018-2028F)
7.4 Philippines Glass Market Revenue Share and Revenues, By Insulated (2018-2028F)
7.5 Philippines Glass Market Revenue Share and Revenues, By Others (2018-2028F)
8. Philippines Glass Market Overview, By Applications
8.1 Philippines Glass Market Revenue Share and Revenues, By Architectural (2018-2028F)
8.2 Philippines Glass Market Revenue Share and Revenues, By Automotive & Transportation (2018-2028F)
8.3 Philippines Glass Market Revenue Share and Revenues, By Others (2018-2028F)
9. Philippines Glass Market Overview, By Technology Types
9.1 Philippines Glass Market Revenue Share and Revenues, By Float (2018-2028F)
9.2 Philippines Glass Market Revenue Share and Revenues, By Rolled (2018-2028F)
10. Philippines Glass Market Import Trade Statistics
11. Philippines Glass Market - Key Performance Indicators
12. Philippines Glass Market - Opportunity Assessment
12.1 Philippines Glass Market Revenues, By Product Types (2028F)
12.2 Philippines Glass Market Revenues, By Applications (2028F)
12.3 Philippines Glass Market Revenues, By Technology Types (2028F)
13. Philippines Glass Market - Competitive Landscape
13.1 Philippines Glass Market Revenue Ranking, By Companies (2021)
13.2 Philippines Glass Market Competitive Benchmarking, By Technical Parameters
13.3 Philippines Glass Market Competitive Benchmarking, By Operating Parameters
14. Company Profiles
14.1 Pioneer Float Glass Manufacturing, Inc.
14.2 Cedorada Glass and Aluminium Supply
14.3 San Francisco Mirror Corporation
14.4 Seagull Glass Works, Inc.
14.5 Estron Marketing Pte. Ltd.
14.6 Galtech Glass Fabrication
14.7 Concepcion Glass
14.8 AGC Inc.,
14.9 One Sky Aluminium and Stainless Supply Enterprise Ltd.
15. Key Strategic Recommendations
16. Disclaimer
List of Figures
1. Philippines Glass Market Revenues, 2018-2028F ($ Million)
2. Metro Manila Residential Stock Forecast, Q4 2021-Q4 2024 (in Units)
3. Cities with highest number of residents (in Million) and growth prospects in residential market of Philippines
4. Cities with largest vacancies available for office spaces, April 2021 (in Units)
5. Upcoming Mall’s Retail Spaces in Metro Manila, 2020-2023 (in Sqm)
6. Projected Forecast for New Hotel Rooms Supply, 2022-2024 (in Units)
7. Philippines total imports and exports, 2018-2020 (in US $Thousands)
8. Percentage of Imports and Domestic Production in overall Philippines Glass market, 2021 (in %)
9. Philippines Glass Market Revenue Share, By Product Types, 2021 & 2028F
10. Philippines Glass Market Revenue Share, By Applications, 2021 & 2028F
11. Philippines Glass Market Revenue Share, By Technology Types, 2021 & 2028F
12. Share of Top 3 Import Partners, 2020
13. Philippines Glass Import Data, By Country, 2020 (in $Thousand)
14. Share of Top 3 Import Partners, 2020
15. Philippines Glass Import Data, By Country, 2020 (in $Thousand)
16. Share of Top 3 Import Partners, 2020
17. Philippines Glass Import Data, By Country, 2020 (in $Thousand)
18. Share of Top 3 Import Partners, 2020
19. Philippines Glass Import Data, By Country, 2020 (in $Thousand)
20. Share of Top 3 Import Partners, 2020
21. Philippines Glass Import Data, By Country, 2020 (in US $Thousands)
22. Number of Residential Constructions from Approved Buildings Permits in Philippines , By Types, Q3 of 2021 (in Units)
23. Number of Non-Residential Constructions from Approved Buildings Permits in Philippines, By Types, Q3 of 2021 (in Units)
24. Distribution of Number of Constructions from Approved Building Permits in Philippines, By Region, Q3 2021
25. Automotive Sales in Philippines, 2021 (in Units)
26. Annual Vehicle Sales in Philippines, 2016-2021 (in Units)
27. Philippines Glass Market Opportunity Assessment, By Product Types, 2028F (in $ Million)
28. Philippines Glass Market Opportunity Assessment, By Applications, 2028F (in $ Million)
29. Philippines Glass Market Opportunity Assessment, By Technology Types, 2028F (in $ Million)
30. Philippines Market Revenue Ranking, By Companies, 2021
31. Upcoming Supply for Office Spaces in Metro Manila, By Cities, Q3 2021E-2024F (in %)
32. Forecast for vacant spaces available for construction of residential units in Metro Manila, By Cities, Q3 2021E-2024F (in %)
33. Hotel Room Forecast in Metro Manila, By Cities, Q3 2021E-2024F (in %)
List of Tables
1. Philippines Glass Market Revenues, By Product Types, 2018-2028F ($ Million)
2. Philippines Glass Market Revenues, By Applications, 2018-2028F ($ Million)
3. Philippines Glass Market Revenues, By Technology Types, 2018-2028F ($ Million)
Companies Mentioned
- Pioneer Float Glass Manufacturing, Inc.
- Cedorada Glass and Aluminium Supply
- San Francisco Mirror Corporation
- Seagull Glass Works, Inc.
- Estron Marketing Pte. Ltd.
- Galtech Glass Fabrication
- Concepcion Glass
- AGC Inc.,
- One Sky Aluminium and Stainless Supply Enterprise Ltd.
