Shaping the Future of the Philippine Wood and Furniture Industries—Together
Philippine Woodmac 2026 – North Edition, Subic will make its debut on 7-9 May 2026 at the
Subic Bay Exhibition & Convention Center as the first national event dedicated exclusively to
the Philippines’ wood and furniture industry.
Organised by the Chamber of Furniture Industries of the Philippines (CFIP) and Pablo
Publishing & Exhibition, this inaugural edition will bring together manufacturers, exporters,
suppliers, and innovators from across the entire value chain. This event also incorporates
the Philippine Wood Expo, organized by the Philippine Wood Producers Association
(PWPA).
Positioned at the intersection of craftsmanship and innovation, Philippine Woodmac 2026
serves as a launchpad for emerging trends, sustainable design solutions, and cross-industry
collaboration. Set to become Southeast Asia’s premier wood and furniture platform, the
event offers a unique opportunity to shape the future of the industry from the ground up.

Why the Philippines?

The Philippines is a rising hub for the wood and furniture industry, fueled by a booming
export market, growing demand for sustainable materials, and strong government
support—making it a prime destination for investment and business growth in Southeast
Asia.”

An Expanding Industry

Market size: US$1.54 billion (2024) with projected 20-25% growth into 2025
Export value: US$279.83 million (2024); on track for US$3 billion by 2033
Workforce: Over 2.1 million jobs (direct and indirect)

Over 70% of production is export-bound, with top destinations including the United States,
Japan, South Korea, and the European Union.

Import-Driven Supply Chain

With local wood processing capacity limited to 2 million m³ per year, the country relies
heavily on imports of:

Timber, MDF, plywood from Malaysia, China, Vietnam, and Papua New Guinea
Woodworking machinery, nearly 100% imported, primarily from Italy, Germany,
China, and Taiwan

Government Incentives & Support

The Investment Priorities Plan (IPP) recognizes furniture and wood processing as priority
sectors. Eligible enterprises—especially those exporting ≥50% of output or using local
natural materials like bamboo or rattan
—can benefit from:

Income Tax Holiday (ITH): 4–6 years
Reduced tax rate: 5% on gross income after ITH
Duty-free imports: For machinery and raw materials not available locally
Access to preferential loans: Via BOI and DTI programmes