Philippines Automotive Parts Market (2025-2031) | Companies, Value, Industry, Share, Forecast, Trends, Segmentation, Analysis, Outlook, Growth, Competitive Landscape, Size & Revenue

Market Forecast By Product Type (Engine Parts, Drive Transmission & Steering Parts, Body Chassis, Suspension & Braking Parts, Equipment, Electrical & Electronic Parts, Other), By Distribution Channel (OEMs, Aftermarket), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Two-wheelers, Three-wheelers) And Competitive Landscape
Product Code: ETC8835468 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

Philippines Automotive Parts Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, the Philippines continued to rely on key automotive parts imports from Japan, Thailand, China, Indonesia, and Vietnam. Despite a moderate concentration in the market, the industry experienced a negative compound annual growth rate of -6.31% from 2020 to 2024. The growth rate further declined by -7.5% from 2023 to 2024, indicating a challenging period for the automotive parts import sector in the Philippines. It will be crucial for market players to adapt to changing dynamics and explore strategies for sustainable growth in the coming years.

Philippines Automotive Parts Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Philippines Automotive Parts Market Outlook
  • Market Size of Philippines Automotive Parts Market, 2024
  • Forecast of Philippines Automotive Parts Market, 2031
  • Historical Data and Forecast of Philippines Automotive Parts Revenues & Volume for the Period 2021- 2031
  • Philippines Automotive Parts Market Trend Evolution
  • Philippines Automotive Parts Market Drivers and Challenges
  • Philippines Automotive Parts Price Trends
  • Philippines Automotive Parts Porter's Five Forces
  • Philippines Automotive Parts Industry Life Cycle
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Product Type for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Engine Parts for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Drive Transmission & Steering Parts for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Body Chassis for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Suspension & Braking Parts for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Equipment for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Electrical & Electronic Parts for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Other for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By OEMs for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Aftermarket for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Vehicle Type for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Passenger Cars for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Light Commercial Vehicles for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Heavy Commercial Vehicles for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Two-wheelers for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Automotive Parts Market Revenues & Volume By Three-wheelers for the Period 2021- 2031
  • Philippines Automotive Parts Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Distribution Channel
  • Market Opportunity Assessment By Vehicle Type
  • Philippines Automotive Parts Top Companies Market Share
  • Philippines Automotive Parts Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Automotive Parts Company Profiles
  • Philippines Automotive Parts Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Automotive Parts Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Automotive Parts Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Parts Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Automotive Parts Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Automotive Parts Market - Industry Life Cycle

3.4 Philippines Automotive Parts Market - Porter's Five Forces

3.5 Philippines Automotive Parts Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Philippines Automotive Parts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

3.7 Philippines Automotive Parts Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

4 Philippines Automotive Parts Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing disposable income and improving economic conditions in the Philippines leading to higher purchasing power for automotive parts.

4.2.2 Growth in the automotive industry in the Philippines, leading to increased demand for automotive parts.

4.2.3 Government initiatives promoting the automotive industry and manufacturing sector, driving the market for automotive parts.

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting the cost of production for automotive parts manufacturers.

4.3.2 Competition from counterfeit or low-quality automotive parts affecting market growth.

4.3.3 Regulatory challenges and compliance requirements impacting the supply chain and distribution of automotive parts.

5 Philippines Automotive Parts Market Trends

6 Philippines Automotive Parts Market, By Types

6.1 Philippines Automotive Parts Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Philippines Automotive Parts Market Revenues & Volume, By Product Type, 2021- 2031F

6.1.3 Philippines Automotive Parts Market Revenues & Volume, By Engine Parts, 2021- 2031F

6.1.4 Philippines Automotive Parts Market Revenues & Volume, By Drive Transmission & Steering Parts, 2021- 2031F

6.1.5 Philippines Automotive Parts Market Revenues & Volume, By Body Chassis, 2021- 2031F

6.1.6 Philippines Automotive Parts Market Revenues & Volume, By Suspension & Braking Parts, 2021- 2031F

6.1.7 Philippines Automotive Parts Market Revenues & Volume, By Equipment, 2021- 2031F

6.1.8 Philippines Automotive Parts Market Revenues & Volume, By Electrical & Electronic Parts, 2021- 2031F

6.2 Philippines Automotive Parts Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Philippines Automotive Parts Market Revenues & Volume, By OEMs, 2021- 2031F

6.2.3 Philippines Automotive Parts Market Revenues & Volume, By Aftermarket, 2021- 2031F

6.3 Philippines Automotive Parts Market, By Vehicle Type

6.3.1 Overview and Analysis

6.3.2 Philippines Automotive Parts Market Revenues & Volume, By Passenger Cars, 2021- 2031F

6.3.3 Philippines Automotive Parts Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F

6.3.4 Philippines Automotive Parts Market Revenues & Volume, By Heavy Commercial Vehicles, 2021- 2031F

6.3.5 Philippines Automotive Parts Market Revenues & Volume, By Two-wheelers, 2021- 2031F

6.3.6 Philippines Automotive Parts Market Revenues & Volume, By Three-wheelers, 2021- 2031F

7 Philippines Automotive Parts Market Import-Export Trade Statistics

7.1 Philippines Automotive Parts Market Export to Major Countries

7.2 Philippines Automotive Parts Market Imports from Major Countries

8 Philippines Automotive Parts Market Key Performance Indicators

8.1 Average age of vehicles in the Philippines (indicating potential demand for replacement parts).

8.2 Number of registered vehicles in the Philippines (correlated with potential market size for automotive parts).

8.3 Investment in infrastructure development (indicating potential growth in the automotive industry and demand for parts).

8.4 Automotive aftermarket spending per vehicle (indicating consumer willingness to invest in maintenance and upgrades).

9 Philippines Automotive Parts Market - Opportunity Assessment

9.1 Philippines Automotive Parts Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Philippines Automotive Parts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

9.3 Philippines Automotive Parts Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

10 Philippines Automotive Parts Market - Competitive Landscape

10.1 Philippines Automotive Parts Market Revenue Share, By Companies, 2024

10.2 Philippines Automotive Parts Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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