| Product Code: ETC8835242 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines automotive coil spring import market saw significant growth in 2024, with Malaysia, USA, Japan, Germany, and China emerging as the top exporting countries. The market concentration, as measured by the HHI, decreased from moderate to low in 2024, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 29.47% from 2020 to 2024 highlights the expanding demand for automotive coil springs in the Philippines. Moreover, the robust growth rate of 21.65% from 2023 to 2024 suggests a continued upward trajectory in import shipments, reflecting a positive outlook for the market.

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 Philippines Automotive Coil Spring Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Automotive Coil Spring Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Automotive Coil Spring Market - Industry Life Cycle |
3.4 Philippines Automotive Coil Spring Market - Porter's Five Forces |
3.5 Philippines Automotive Coil Spring Market Revenues & Volume Share, By OEM, 2021 & 2031F |
3.6 Philippines Automotive Coil Spring Market Revenues & Volume Share, By Aftermarket, 2021 & 2031F |
4 Philippines Automotive Coil Spring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for passenger and commercial vehicles in the Philippines |
4.2.2 Growing investments in infrastructure projects leading to higher demand for automotive coil springs |
4.2.3 Technological advancements and innovations in automotive coil spring materials and manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among automotive coil spring manufacturers |
4.3.3 Challenges in supply chain management and logistics |
5 Philippines Automotive Coil Spring Market Trends |
6 Philippines Automotive Coil Spring Market, By Types |
6.1 Philippines Automotive Coil Spring Market, By OEM |
6.1.1 Overview and Analysis |
6.1.2 Philippines Automotive Coil Spring Market Revenues & Volume, By OEM, 2021- 2031F |
6.1.3 Philippines Automotive Coil Spring Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.1.4 Philippines Automotive Coil Spring Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2 Philippines Automotive Coil Spring Market, By Aftermarket |
6.2.1 Overview and Analysis |
6.2.2 Philippines Automotive Coil Spring Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.2.3 Philippines Automotive Coil Spring Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
7 Philippines Automotive Coil Spring Market Import-Export Trade Statistics |
7.1 Philippines Automotive Coil Spring Market Export to Major Countries |
7.2 Philippines Automotive Coil Spring Market Imports from Major Countries |
8 Philippines Automotive Coil Spring Market Key Performance Indicators |
8.1 Average lead time for manufacturing automotive coil springs |
8.2 Percentage of automotive coil spring manufacturers using advanced materials and technologies |
8.3 Number of infrastructure projects in the Philippines utilizing automotive coil springs |
9 Philippines Automotive Coil Spring Market - Opportunity Assessment |
9.1 Philippines Automotive Coil Spring Market Opportunity Assessment, By OEM, 2021 & 2031F |
9.2 Philippines Automotive Coil Spring Market Opportunity Assessment, By Aftermarket, 2021 & 2031F |
10 Philippines Automotive Coil Spring Market - Competitive Landscape |
10.1 Philippines Automotive Coil Spring Market Revenue Share, By Companies, 2024 |
10.2 Philippines Automotive Coil Spring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |