| Product Code: ETC5405040 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Laos saw a significant shift in its automotive import landscape with top exporters being the United States, Australia, Thailand, China, and Singapore. The market concentration, as measured by the HHI, decreased from very high to high, indicating a more diversified import market. With a remarkable Compound Annual Growth Rate (CAGR) of 29.73% and a growth rate of 47.85%, the automotive industry in Laos is experiencing rapid expansion and attracting a variety of exporters from different regions. This dynamic growth trend underscores the increasing demand and opportunities within the Laotian automotive import sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Laos Automotive Market Overview |
3.1 Laos Country Macro Economic Indicators |
3.2 Laos Automotive Market Revenues & Volume, 2021 & 2031F |
3.3 Laos Automotive Market - Industry Life Cycle |
3.4 Laos Automotive Market - Porter's Five Forces |
3.5 Laos Automotive Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Laos Automotive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Economic growth in Laos leading to increased consumer purchasing power |
4.2.2 Infrastructure development and road network expansion |
4.2.3 Government initiatives to promote the automotive industry |
4.3 Market Restraints |
4.3.1 Limited availability of financing options for vehicle purchases |
4.3.2 High import tariffs and taxes on automobiles |
4.3.3 Lack of skilled labor and technological expertise in the automotive sector |
5 Laos Automotive Market Trends |
6 Laos Automotive Market Segmentations |
6.1 Laos Automotive Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Laos Automotive Market Revenues & Volume, By Electric, 2021-2031F |
6.1.3 Laos Automotive Market Revenues & Volume, By Hybrid Electric, 2021-2031F |
6.1.4 Laos Automotive Market Revenues & Volume, By Plug-In Hybrid Electric, 2021-2031F |
6.1.5 Laos Automotive Market Revenues & Volume, By Mild Hybrid, 2021-2031F |
6.1.6 Laos Automotive Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.7 Laos Automotive Market Revenues & Volume, By Fuel Cell Electric, 2021-2031F |
6.1.9 Laos Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
6.1.10 Laos Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
7 Laos Automotive Market Import-Export Trade Statistics |
7.1 Laos Automotive Market Export to Major Countries |
7.2 Laos Automotive Market Imports from Major Countries |
8 Laos Automotive Market Key Performance Indicators |
8.1 Average age of vehicles on the road |
8.2 Number of new car registrations |
8.3 Investment in automotive manufacturing facilities in Laos |
9 Laos Automotive Market - Opportunity Assessment |
9.1 Laos Automotive Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Laos Automotive Market - Competitive Landscape |
10.1 Laos Automotive Market Revenue Share, By Companies, 2024 |
10.2 Laos Automotive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |