openPR Logo
Press release

Philippines Textile Market Valuation to Reach USD 75.20 Million by 2033 - Expanding at a CAGR of 3.10%

05-27-2025 08:54 AM CET | Consumer Goods & Retail

Press release from: IMARC Group

Philippines Textile Market Valuation to Reach USD 75.20 Million

Philippines Textile Market 2025-2033

According to IMARC Group's report titled "Philippines Textile Market Size, Share, Trends and Forecast by Raw Material, Product, Application and Region, 2025-2033", The report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

How Big is the Philippines Textile Industry ?

The Philippines textile market size was valued at USD 56.70 Million in 2024 and is expected to reach USD 75.20 Million by 2033, exhibiting a growth rate (CAGR) of 3.10% during 2025-2033.

Philippines Textile Market Trends:

The Philippine fashion industry one that is undergoing major trends fueled by innovation and changing consumer preferences. One trend is in favor of green textiles; green textiles include those that use eco-friendly materials, such as organic cotton, bamboo, and recycled fibers. Consequently, green textile manufacturers consider having environmentally friendly manufacturing processes aspired to: one might say it is a larger trend of environmentally friendly manufacturing processes. Also considered the evolution of digital printing technology, and many different avenues are being opened for customers interested in multi-color, custom patterns and small-batch production.

They, therefore, must understand that the utmost use of Filipino traditions in Philippine-style weaving, such as those of piña, abaca, etc., in modern apparel and household furnishings, is also one of the major trends in Philippine fashion: creation of the heritage industry in the world scene. A complementary trend has been observed in the fabric side whereby fabrics with performance properties such as moisture management or UV blocking are gaining market interest, especially from the outdoor and activewear sector. Hence online shopping nowadays is surely uplifting the brand of textile art itself, stretching the terrain for local craftsmen. These movements spell an answer from the marketplace to sustainability, technology, and cultural pride.

Request for a sample copy of this report: https://www.imarcgroup.com/philippines-textile-market/requestsample

Philippines Textile Market Scope and Growth Analysis:

The size and growth analysis of the Philippine textile market reveals a diversified industry with diversified opportunities. Through the craft process, the industry embraces diversification in products-from apparel, home furnishing, and industrial textile-wishing toward domestic consumption or export markets: U.S. and Japan. Plus, the centuries-old Philippine craft culture and abundance of natural resources...pineapple and banana fibers-aggrandize the sphere with room for an exclusive niche in the international trade arena. Growing fashion and disposable incomes keep pushing demand for superior materials, especially in urban areas like Manila.

The government support to strengthen local production capacity also fueled the environment wherein small and big companies battle for leadership through exports and innovations. Hence, a young and creative talent pool and steadily growing tourism underpin the market, keeping culture-based textile items in demand. There is an emerging potential for growth through the shift to value-added products such as ready-made garments. Altogether, this sets the stage for a gradual rise in the Philippine textile sector, drawing on its historical background and economic momentum.

Philippines Textile Industry Segmentation:

The report has segmented the market into the following categories:

Raw Material Insights:

• Cotton
• Chemical
• Wool
• Silk
• Others

Product Insights:

• Natural Fibers
• Polyesters
• Nylon
• Others

Application Insights:

• Household
• Technical
• Fashion and Clothing
• Others

Regional Insights:

• Luzon
• Visayas
• Mindanao

Competitor Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Other key areas covered in the report:

• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Market Dynamics
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
• Top Winning Strategies
• Recent Industry News
• Key Technological Trends & Development

Ask an analyst: https://www.imarcgroup.com/request?type=report&id=28859&flag=C

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Explore More Research Reports & Get Your Free Sample Now:

• Philippines Banking Market: https://www.imarcgroup.com/philippines-banking-market/requestsample

• Philippines E-commerce Market: https://www.imarcgroup.com/philippines-e-commerce-market/requestsample

• Philippines Online Food Delivery Market: https://www.imarcgroup.com/philippines-online-food-delivery-market/requestsample

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Philippines Textile Market Valuation to Reach USD 75.20 Million by 2033 - Expanding at a CAGR of 3.10% here

News-ID: 4037563 • Views:

More Releases from IMARC Group

Global Luxury Cosmetics Market Set for Remarkable Growth with Rising Demand for Premium Beauty Products
Global Luxury Cosmetics Market Set for Remarkable Growth with Rising Demand for …
The global luxury cosmetics market reached a valuation of USD 54.9 billion in 2024, reflecting strong momentum across beauty and skincare categories. Growth in this sector is driven by rising disposable incomes, particularly in emerging economies, and an increasing preference for premium beauty products that emphasize exclusivity and superior quality. Additionally, social media engagement and digital influence have reshaped consumer choices, motivating buyers to explore luxury cosmetic brands and high-end
Global E-Invoicing Market Set for Robust Expansion Driven by Digital Transformation and Compliance Needs
Global E-Invoicing Market Set for Robust Expansion Driven by Digital Transformat …
Market Overview The global e-invoicing market was valued at USD 15.9 billion in 2024 and is projected to reach USD 68.7 billion by 2033, expanding at a CAGR of 16.8% during 2025-2033. This strong growth is driven by the rapid rise of e-commerce, acceleration of digital transformation across industries, advancements in cloud-based platforms, and increasing government regulations that promote financial transparency and sustainable practices. With automation and digital invoicing becoming standard
Global Governance, Risk and Compliance Platform Market Set for Robust Growth Driven by Rising Regulatory Demands
Global Governance, Risk and Compliance Platform Market Set for Robust Growth Dri …
Governance, Risk, and Compliance Platform Market Overview The global governance, risk, and compliance platform market was valued at USD 49.2 billion in 2024 and is projected to surge to USD 127.7 billion by 2033, advancing at a CAGR of 11.18%. This robust growth is driven by rapid regulatory changes, rising cybersecurity risks, and the widespread adoption of hybrid and remote work models. Organizations are increasingly adopting advanced GRC platforms powered by cloud
Barley Prices July 2025 - Trend, Chart, Index & Forecast
Barley Prices July 2025 - Trend, Chart, Index & Forecast
North America Barley Prices Movement Q3 July 2025: In July 2025, barley prices in North America were recorded at 1.05 USD/KG, reflecting a 1.0% decline. The downward movement was driven by ample domestic supply and favourable harvest conditions. Slower export demand and competitive global pricing added pressure, while transportation and storage costs remained relatively stable across the region. Regional Analysis: The price analysis can be extended to provide detailed EPDM Rubber price

All 5 Releases


More Releases for Philippine

Kantar Group - Entering the Philippine Market in 2024
Kantar Group is an international market research company headquartered in London, UK, founded in 1992. Over the years, the company has become a pioneer in the market research industry through continuous innovative ideas and technological development. Through a series of mergers and acquisitions, Kantar has rapidly expanded globally. Since July 2019, Kantar is majority owned by Bain Capital Private Equity. Kantar currently has offices in 90 markets around the world,
Boosting Philippine E-commerce with E-Signature Technology
Introduction In the era of digital transformation, e-signature Philippines plays a pivotal role in modernizing business operations. Recognized under Republic Act No. 8792, electronic signatures and digital signatures offer a secure and efficient alternative to traditional paper-based processes. This guide explores the intricacies of e-signature Philippines, including its legal standing, benefits, and the top solutions driving this digital evolution. Legal Framework for E-Signatures in the Philippines Republic Act No. 8792: The E-Commerce Act Enacted
New Era in Consumer Lending Market is growing in Huge Demand in 2020 | Philippin …
The Consumer Lending Market is expected to reach +19% CAGR during forecast period 2020-2026. Consumer lending provides financing for personal, family, or household purposes. The loans can come from a variety of places, including financial institutions or lending platforms, like the aforementioned Prosper and Lending Club. Increase in government initiative toward Consumer lending, and surge in need of reduced loan management time among borrowers and lenders have boosted the growth of
Global Consumer Lending Market is Booming Across the Globe Explored in Latest Re …
The Consumer Lending Market is expected to reach +19% CAGR during forecast period 2020-2026. Consumer lending provides financing for personal, family, or household purposes. The loans can come from a variety of places, including financial institutions or lending platforms, like the aforementioned Prosper and Lending Club. Increase in government initiative toward Consumer lending, and surge in need of reduced loan management time among borrowers and lenders have boosted the growth of
SOFITEL PHILIPPINE PLAZA MANILA WINS MULTIPLE AWARDS IN THE 2018 PHILIPPINE CULI …
Sofitel Philippine Plaza Manila won several awards spanning various categories in the recently concluded Philippine Culinary Cup 2018 (PCC). Held at the SMX Convention Center last August 1 – 4, 2018, Sofitel Philippine Plaza Manila’s master chefs secured multiple awards in the PCC’s Professional Division. Led by Executive Chef Nicholas Shadbolt and under the instruction of team leaders Chinese Chef Michale Tai and Sous Chef Regine Lee, the Sofitel culinary
Sourcing Destination Snapshot: The Emerging Philippine Value Proposition
“The Philippines offers many opportunities as an offshore sourcing destination as well as being well positioned as a regional hub for Asia Pacific.” - Ralph Schonenbach (CEO, Trestle Group) In designing sourcing models, IT and BPO decision-makers literally have a “world” to choose from when it comes to competitive country locations. The unique needs of a business will clearly drive managers to seek out sites capable of satisfying a range