Product Code: ETC8835516 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The retread tires market in the Philippines is significant, particularly for commercial and fleet vehicles where cost efficiency is a priority. Retread tires offer a sustainable and economical alternative to new tires, extending tire life and reducing waste. The market growth is supported by rising freight and logistics activities, government support for sustainable practices, and increasing environmental awareness among fleet operators.
Retread tires are becoming an attractive alternative in the Philippine market, especially among commercial vehicle operators looking to reduce costs. Rising awareness of sustainability and the economic advantages of tire retreading are driving demand. However, the market still faces challenges due to perceptions around safety and performance, which is why regulatory enforcement and quality certification are critical to boosting adoption. Increasing transport and logistics activity also plays a crucial role in supporting market expansion.
The retread tire market contends with consumer skepticism regarding the safety and durability of retreaded tires compared to new tires. Regulatory standards and quality certifications are not always strictly enforced, leading to variability in product reliability. The cost advantage of retreads is offset by limited awareness of their benefits among vehicle owners. Moreover, the rise in availability and affordability of new tires challenges the growth of the retread segment.
Retread tires provide cost-effective and sustainable alternatives for commercial and passenger vehicles. The Philippine market presents opportunities to invest in retreading plants or import high-quality retread products. Growing logistics and public transportation sectors drive demand. Marketing efforts focused on durability, safety, and environmental benefits enhance consumer acceptance.
The government, through the Department of Environment and Natural Resources (DENR), promotes tire retreading as a sustainable practice to reduce waste and extend tire life. Policies encourage the use of retread tires, particularly in commercial and public transport fleets, through environmental regulations and incentives that emphasize resource efficiency and cost savings.
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 Retread Tires Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Automotive Retread Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Automotive Retread Tires Market - Industry Life Cycle |
3.4 Philippines Automotive Retread Tires Market - Porter's Five Forces |
3.5 Philippines Automotive Retread Tires Market Revenues & Volume Share, By Process Type, 2021 & 2031F |
3.6 Philippines Automotive Retread Tires Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.7 Philippines Automotive Retread Tires Market Revenues & Volume Share, By Tire Position, 2021 & 2031F |
3.8 Philippines Automotive Retread Tires Market Revenues & Volume Share, By Production Method, 2021 & 2031F |
3.9 Philippines Automotive Retread Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Philippines Automotive Retread Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Automotive Retread Tires Market Trends |
6 Philippines Automotive Retread Tires Market, By Types |
6.1 Philippines Automotive Retread Tires Market, By Process Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Automotive Retread Tires Market Revenues & Volume, By Process Type, 2021- 2031F |
6.1.3 Philippines Automotive Retread Tires Market Revenues & Volume, By Pre-Cure, 2021- 2031F |
6.1.4 Philippines Automotive Retread Tires Market Revenues & Volume, By Mold Cure, 2021- 2031F |
6.2 Philippines Automotive Retread Tires Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Automotive Retread Tires Market Revenues & Volume, By OEM, 2021- 2031F |
6.2.3 Philippines Automotive Retread Tires Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.3 Philippines Automotive Retread Tires Market, By Tire Position |
6.3.1 Overview and Analysis |
6.3.2 Philippines Automotive Retread Tires Market Revenues & Volume, By Drive Axle, 2021- 2031F |
6.3.3 Philippines Automotive Retread Tires Market Revenues & Volume, By Trailer Axel, 2021- 2031F |
6.4 Philippines Automotive Retread Tires Market, By Production Method |
6.4.1 Overview and Analysis |
6.4.2 Philippines Automotive Retread Tires Market Revenues & Volume, By Pre Cure, 2021- 2031F |
6.4.3 Philippines Automotive Retread Tires Market Revenues & Volume, By Mold Cure, 2021- 2031F |
6.5 Philippines Automotive Retread Tires Market, By Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 Philippines Automotive Retread Tires Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.5.3 Philippines Automotive Retread Tires Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
6.5.4 Philippines Automotive Retread Tires Market Revenues & Volume, By Heavy Trucks & Buses, 2021- 2031F |
6.5.5 Philippines Automotive Retread Tires Market Revenues & Volume, By Off-Road Vehicles, 2021- 2031F |
6.5.6 Philippines Automotive Retread Tires Market Revenues & Volume, By Commercial Aircrafts, 2021- 2031F |
7 Philippines Automotive Retread Tires Market Import-Export Trade Statistics |
7.1 Philippines Automotive Retread Tires Market Export to Major Countries |
7.2 Philippines Automotive Retread Tires Market Imports from Major Countries |
8 Philippines Automotive Retread Tires Market Key Performance Indicators |
9 Philippines Automotive Retread Tires Market - Opportunity Assessment |
9.1 Philippines Automotive Retread Tires Market Opportunity Assessment, By Process Type, 2021 & 2031F |
9.2 Philippines Automotive Retread Tires Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.3 Philippines Automotive Retread Tires Market Opportunity Assessment, By Tire Position, 2021 & 2031F |
9.4 Philippines Automotive Retread Tires Market Opportunity Assessment, By Production Method, 2021 & 2031F |
9.5 Philippines Automotive Retread Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Philippines Automotive Retread Tires Market - Competitive Landscape |
10.1 Philippines Automotive Retread Tires Market Revenue Share, By Companies, 2024 |
10.2 Philippines Automotive Retread Tires Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |