In 2024, ** climate-related disasters due to storms occurred in the Philippines. The number increased compared to the previous year, when the country recorded ***** disasters. Since 1980, the number of storm disasters fluctuated and peaked in 2009, with ** cases.

The countries most exposed to tropical cyclones across the globe are located in Asia and the Caribbean. According to a risk index which considers the number of people exposed to this type of event per year, the Dominican Republic ranked first with a score of ** as of 2025, followed by Japan and the Philippines, both of which received a score of ***. Hurricane, typhoon or cyclone? Tropical cyclone is a general term used to describe powerful storms that form over warm ocean waters near the equator, characterized by strong winds, heavy rainfall, and low pressure at its center. The names used to identify them depend on the region where they originate. For instance, hurricanes are tropical cyclones that occur in the North Atlantic Ocean and the central-eastern North Pacific Ocean, and they commonly affect regions such as the Caribbean, the Gulf of Mexico, and the southeastern United States. Meanwhile, typhoons occur in the northwestern Pacific Ocean and hit countries such as Japan, China, Taiwan, and the Philippines. Lastly, simply cyclones describe tropical cyclones in the Indian Ocean and the South Pacific Ocean. Why is Japan on top of the list? Japan has the perfect cocktail for tropical cyclones. It is located in the northwestern part of the Pacific Ocean, where warm waters can fuel the development and intensity of these powerful storms. The country’s mountainous terrain can cause rapid changes in wind speed and direction, while its atmospheric conditions – such as the East Asian monsoon – also contribute to the formation and movement of tropical cyclones. This is topped by Japan’s island geography, characterized by a large coastline that increases the likelihood of typhoon landfalls in the country. Altogether, in order to mitigate the risks associated with tropical cyclones, Japan invests heavily in disaster prevention, including resilient infrastructure and early warning systems.

In 2022, there were 18 tropical cyclone events recorded in the Philippines, the majority of which were tropical depressions followed by tropical storms. The Philippines is located in the Western Pacific Ocean and sits on the Pacific ring of fire, making the country prone to typhoons and earthquakes.

In 2024, there were ** hurricanes registered worldwide, up from ** hurricanes a year earlier. This was nevertheless below the average of ** hurricanes per year registered from 1990 to 2022. The years of 1992 and 2018 tied as the most active in the indicated period, each with ** hurricanes recorded. The Pacific Northwest basin recorded the largest number of hurricanes in 2024. Most exposed countries to hurricanes With the Pacific Northwest basin being one of the most active for hurricanes in the world, there is perhaps no surprise that Japan and the Philippines were two of the countries most exposed to tropical cyclones in 2024, both West Pacific nations. Meanwhile, the Dominican Republic was the most exposed country in the Atlantic Ocean and ranked first as the most exposed country worldwide during the same year. Effects of tropical cyclones From 1970 to 2019, almost ******* deaths due to tropical cyclones have been reported worldwide. In the past decade, the number of such casualties stood at some ******, the lowest decadal figure in the last half-century. In contrast to the lower number of deaths, economic losses caused by tropical cyclones have continuously grown since 1970, reaching a record high of more than *** billion U.S. dollars from 2010 to 2019.

Hurricane Storm Panel Market Outlook

The global hurricane storm panel market size was valued at approximately USD 1.2 billion in 2023 and is projected to reach around USD 2.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.2% during the forecast period. This growth is primarily driven by the increasing frequency and intensity of hurricanes, coupled with growing awareness about the importance of protecting infrastructure from storm-related damage. As climate change continues to exacerbate weather patterns, the demand for effective storm protection solutions is expected to rise significantly.

One of the key growth factors for the hurricane storm panel market is the increasing frequency and severity of hurricanes and tropical storms. Climate change has led to more volatile weather patterns, making coastal and hurricane-prone areas more susceptible to severe weather events. This has heightened the awareness and urgency among homeowners, businesses, and governments to invest in robust protective measures like storm panels. Additionally, the economic impact of hurricanes, including property damage and business interruptions, has further underscored the need for reliable storm protection solutions to safeguard assets and minimize financial losses.

Another major growth driver is the advancement in materials and technology used in manufacturing hurricane storm panels. Innovations in materials such as polycarbonate and fabric have led to the development of lighter, more durable, and easier-to-install panels. These advancements have made storm panels more accessible and attractive to a broader range of consumers, including residential, commercial, and industrial sectors. Furthermore, the advent of smart installation systems and improved design aesthetics has also contributed to the growing popularity of hurricane storm panels, aligning them with modern architectural trends and consumer preferences.

Government regulations and building codes mandating the use of storm protection measures in hurricane-prone areas have also significantly contributed to market growth. Many regions have implemented strict guidelines requiring the installation of hurricane-resistant materials in new constructions and renovations. These regulations have driven the adoption of hurricane storm panels, ensuring that structures are better equipped to withstand severe weather conditions. Additionally, government incentives and subsidies for storm protection measures have further encouraged property owners to invest in hurricane storm panels, thereby boosting market demand.

From a regional perspective, North America holds the largest share of the hurricane storm panel market, driven by the high frequency of hurricanes in the US, particularly in states like Florida, Texas, and Louisiana. The region's well-developed infrastructure and higher disposable income levels also contribute to the widespread adoption of storm protection solutions. Meanwhile, Asia Pacific is expected to witness the fastest growth rate, attributed to the increasing vulnerability of countries like Japan, China, and the Philippines to typhoons and tropical storms. Enhanced economic growth and rapid urbanization in these countries have led to increased investments in infrastructure protection, further propelling market growth.

Material Type Analysis

The material type segment of the hurricane storm panel market includes aluminum, steel, polycarbonate, fabric, and others. Aluminum storm panels are among the most popular choices due to their high strength-to-weight ratio, corrosion resistance, and ease of installation. These panels are lightweight yet durable, making them an ideal choice for both residential and commercial applications. Aluminum panels can be quickly installed and removed, offering a practical solution for temporary storm protection. Additionally, their long lifespan and low maintenance requirements further enhance their appeal to consumers looking for reliable and cost-effective storm protection solutions.

Steel storm panels, on the other hand, offer superior strength and durability, making them suitable for areas with high exposure to severe weather conditions. These panels are often used in industrial applications where maximum protection is required. The robustness of steel panels ensures that they can withstand strong winds and flying debris, providing a high level of security for properties. However, the heavier weight of steel compared to other materials may pose installation challenges, requiring professional expertise and additional structural support. Despite these challenges, the unpara

In 2024, roughly **** million people were affected by major natural events and disasters in the Philippines, indicating an increase from the previous year. The rise in the number of impacted individuals was brought about by numerous tropical cyclones that occurred in that year.

Typhoon Yolanda, which occurred in November 2013, was the most devastating typhoon in the Philippines in terms of the total value of damages. Damages caused by the typhoon reached about 95.48 billion Philippine pesos. With the international name Haiyan, this was also the costliest typhoon that has ever occurred in the country since 1990.

Yearly, 5-yearly, and Decadal Sea Surface Temperature (SST) and SST anomaly (SSTA) data averaged over the whole typhoon season (May-November) over the entire Global Ocean, North Pacific Ocean, Philippine Sea, South China sea, and Eastern China Sea. Monthly averaged SST and SSTA data are again averaged over the seven months of typhoons season (May-November). SST and SSTA data belong to 1977 to 2016. For measuring SSTA, the base years used are 1941-1970.

Plastic Hurricane Barrier Market Outlook

The global market size for plastic hurricane barriers was valued at approximately USD 1.2 billion in 2023 and is projected to reach around USD 2.3 billion by 2032, with a compound annual growth rate (CAGR) of 7.1%. This growth is driven by increasing concerns about hurricane-related damages and the rising demand for effective and cost-efficient protection solutions. The plastic hurricane barrier market is witnessing robust expansion due to the growing frequency of extreme weather events and the escalating cost of damages associated with hurricanes, prompting both residential and commercial sectors to invest in durable and reliable protective barriers.

One of the primary growth factors for the plastic hurricane barrier market is the increasing awareness and preparedness against the impacts of hurricanes and tropical storms. As climate change leads to more frequent and intense weather events, property owners and governments are prioritizing investments in preventative measures. Plastic hurricane barriers offer an effective solution due to their durability, ease of installation, and comparatively lower cost than traditional materials like metal or concrete. Additionally, the lightweight nature of plastic materials makes these barriers easier to handle and deploy quickly, which is crucial during emergency situations.

Another significant growth driver for this market is the advancement in plastic materials and manufacturing technologies. Innovations in polymers and composites have resulted in the development of high-strength, UV-resistant, and shatterproof plastic barriers that can withstand high wind speeds and debris impact. These advancements make plastic barriers a more attractive option for consumers looking for long-lasting and reliable protection. Moreover, the recyclability and environmental benefits of certain types of plastics, such as polyethylene and polypropylene, are appealing to eco-conscious customers and regulatory bodies pushing for sustainable building practices.

The rise of urbanization and infrastructural development, particularly in hurricane-prone regions, also fuels the demand for plastic hurricane barriers. Construction of new residential, commercial, and industrial buildings in these areas necessitates the integration of protective measures to safeguard properties and human lives. The construction industry's growth, coupled with stringent building codes and insurance requirements, drives the adoption of plastic hurricane barriers as a standard safety measure. Additionally, governmental incentives and subsidies for disaster preparedness further bolster market growth, by financially supporting property owners to invest in protective solutions.

Regionally, North America holds a significant share in the plastic hurricane barrier market, thanks to its high incidence of hurricanes and well-established building safety regulations. The United States, in particular, is a major market due to consistent occurrences of hurricanes along the Gulf and Atlantic coasts. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period. Countries like Japan, the Philippines, and China, which are prone to typhoons and tropical storms, are increasingly adopting advanced protective measures. The growing economies and infrastructural developments in these countries further contribute to the market's expansion in the Asia Pacific region.

Product Type Analysis

The plastic hurricane barrier market is segmented into temporary barriers and permanent barriers. Temporary barriers, often used for emergency situations, are designed to be quickly deployed and easily removed once the threat has passed. These barriers are gaining popularity due to their flexibility and convenience, making them ideal for residential and commercial applications where permanent installations are not feasible. The innovation in collapsible and modular plastic barriers has further enhanced their appeal, allowing for easier storage and transportation. Their cost-effectiveness and ease of use make temporary barriers an attractive option for many property owners and emergency response teams.

On the other hand, permanent barriers are designed to provide long-term protection and are typically integrated into the structural design of buildings. These barriers are more robust and durable, offering a higher level of security against extreme weather conditions. Permanent plastic barriers are commonly used in high-risk areas where hurricanes and storms are frequent. The main advantages of permanent barriers include th

In 2024, 362 people died due to major natural disasters in the Philippines. The peak number of deaths due to natural calamities was reported in 2013 when Typhoon Haiyan hit various regions in the Visayas and Mindanao.

In 2024, roughly ****** houses were totally damaged due to major natural events and disasters in the Philippines, indicating an increase from the previous year. The peak number of damaged houses due to natural calamities was reported in 2013 when Typhoon Haiyan hit various regions in the Visayas and Mindanao.

In 2023, tropical cyclones in the Philippines caused around **** billion Philippine pesos worth of damage. On the other hand, earthquakes resulted in about *** billion Philippine pesos worth of damage. The country's geographical position makes it prone to natural disasters.

In 2023, the total damage during major extreme natural events and disasters in the Philippines amounted to about ** billion Philippine pesos. The value of damages was highest in 2013 due to Typhoon Haiyan. Due to its geographical location, the country is prone to natural disasters such as tropical cyclones and earthquakes.

In 2024, the total value of damaged agricultural properties during natural calamities in the Philippines amounted to around ***** billion Philippine pesos. Due to its geographical location, the country is prone to natural disasters such as tropical cyclones and earthquakes.