| Product Code: ETC11346529 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Philippines automotive steel wheels import market continued to be dominated by key players such as China, Japan, Thailand, Taiwan, Province of China, and the USA in 2024. The market witnessed a significant increase in concentration levels, with the Herfindahl-Hirschman Index (HHI) reaching very high levels. Despite the overall positive compound annual growth rate (CAGR) from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024. This trend suggests a challenging environment for importers in the Philippines automotive steel wheels sector, possibly influenced by global economic factors.

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 Steel Wheels Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Automotive Steel Wheels Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Automotive Steel Wheels Market - Industry Life Cycle |
3.4 Philippines Automotive Steel Wheels Market - Porter's Five Forces |
3.5 Philippines Automotive Steel Wheels Market Revenues & Volume Share, By Vehicle type, 2021 & 2031F |
3.6 Philippines Automotive Steel Wheels Market Revenues & Volume Share, By Wheel Size, 2021 & 2031F |
3.7 Philippines Automotive Steel Wheels Market Revenues & Volume Share, By Surface Treatment, 2021 & 2031F |
3.8 Philippines Automotive Steel Wheels Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Automotive Steel Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for affordable and durable automotive steel wheels in the Philippines |
4.2.2 Growth in the automotive industry and vehicle production in the country |
4.2.3 Rise in government initiatives to boost the manufacturing sector, including automotive components like steel wheels |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of automotive steel wheels |
4.3.2 Competition from alternative materials like alloy wheels affecting market share |
4.3.3 Economic instability and currency fluctuations impacting consumer purchasing power |
5 Philippines Automotive Steel Wheels Market Trends |
6 Philippines Automotive Steel Wheels Market, By Types |
6.1 Philippines Automotive Steel Wheels Market, By Vehicle type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Automotive Steel Wheels Market Revenues & Volume, By Vehicle type, 2021 - 2031F |
6.1.3 Philippines Automotive Steel Wheels Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.1.4 Philippines Automotive Steel Wheels Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.1.5 Philippines Automotive Steel Wheels Market Revenues & Volume, By Light Commercial Vehicles, 2021 - 2031F |
6.1.6 Philippines Automotive Steel Wheels Market Revenues & Volume, By Heavy Duty Vehicles, 2021 - 2031F |
6.2 Philippines Automotive Steel Wheels Market, By Wheel Size |
6.2.1 Overview and Analysis |
6.2.2 Philippines Automotive Steel Wheels Market Revenues & Volume, By 13-15 Inches, 2021 - 2031F |
6.2.3 Philippines Automotive Steel Wheels Market Revenues & Volume, By 16-18 Inches, 2021 - 2031F |
6.2.4 Philippines Automotive Steel Wheels Market Revenues & Volume, By 19 Inches and Above, 2021 - 2031F |
6.3 Philippines Automotive Steel Wheels Market, By Surface Treatment |
6.3.1 Overview and Analysis |
6.3.2 Philippines Automotive Steel Wheels Market Revenues & Volume, By Painted, 2021 - 2031F |
6.3.3 Philippines Automotive Steel Wheels Market Revenues & Volume, By Electroplated, 2021 - 2031F |
6.3.4 Philippines Automotive Steel Wheels Market Revenues & Volume, By Polished, 2021 - 2031F |
6.4 Philippines Automotive Steel Wheels Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Automotive Steel Wheels Market Revenues & Volume, By OEM, 2021 - 2031F |
6.4.3 Philippines Automotive Steel Wheels Market Revenues & Volume, By Aftermarket, 2021 - 2031F |
7 Philippines Automotive Steel Wheels Market Import-Export Trade Statistics |
7.1 Philippines Automotive Steel Wheels Market Export to Major Countries |
7.2 Philippines Automotive Steel Wheels Market Imports from Major Countries |
8 Philippines Automotive Steel Wheels Market Key Performance Indicators |
8.1 Average selling price of automotive steel wheels in the Philippines |
8.2 Number of vehicles produced in the country using steel wheels |
8.3 Adoption rate of automotive steel wheels in new vehicle models in the Philippines |
9 Philippines Automotive Steel Wheels Market - Opportunity Assessment |
9.1 Philippines Automotive Steel Wheels Market Opportunity Assessment, By Vehicle type, 2021 & 2031F |
9.2 Philippines Automotive Steel Wheels Market Opportunity Assessment, By Wheel Size, 2021 & 2031F |
9.3 Philippines Automotive Steel Wheels Market Opportunity Assessment, By Surface Treatment, 2021 & 2031F |
9.4 Philippines Automotive Steel Wheels Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Automotive Steel Wheels Market - Competitive Landscape |
10.1 Philippines Automotive Steel Wheels Market Revenue Share, By Companies, 2024 |
10.2 Philippines Automotive Steel Wheels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |