Household Paper - Philippines

Philippines

Highlights

In the year 2024, the Household Paper market in the Philippines generated a revenue of US$1.68bn.
Analysts predict that this market will experience an annual growth rate of 4.85%, as measured by the compound annual growth rate (CAGR) from 2024 to 2029.
When compared to other countries on a global scale, China leads the way with a revenue of US$17bn in 2024.
In terms of per capita revenue, each person in the Philippines is expected to contribute US$14.10 in 2024.
Looking ahead to 2029, the volume of the Household Paper market is projected to reach 481.8m kg.
Additionally, there is an expected volume growth of 2.8% in 2025.0.
On an individual level, the average volume per person in the Household Paper market is estimated to be 3.6kg in 2024.
The demand for household paper products in the Philippines has been steadily increasing due to the country's growing economy and changing consumer preferences.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Tissue & Hygiene Paper products that comprises of Toilet Paper, Paper Tissues, Household Paper, Feminine Hygiene, Baby diapers, Face masks and Incontinence segments that are produced for private end customers for both offline retail and online retail.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, market data from independent databases and third-party sources, historical developments, current trends, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Tissue & Hygiene Paper market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development).