| Product Code: ETC8838460 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines construction machinery tires import market continued to see significant growth in 2024, with key exporting countries including China, Thailand, Indonesia, Japan, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The impressive compound annual growth rate (CAGR) of 22.23% from 2020 to 2024 highlights the robust demand for construction machinery tires in the Philippines. Moreover, the notable growth rate of 22.1% from 2023 to 2024 suggests sustained momentum in the market, offering opportunities for both suppliers and stakeholders to capitalize on this upward trend.

Tires used in construction equipment must withstand harsh environments and heavy loads. The Philippine market includes off-the-road (OTR) tires for excavators, loaders, and dump trucks. Growth is tied to construction and mining activities, but fluctuations in raw material prices affect the cost and supply of these specialized tires.
The market for specialized construction machinery tires is expanding in line with machinery demand. These tires are designed to withstand rough terrains and heavy loads, essential for the diverse geography of the Philippines. Innovations in tire durability and puncture resistance support improved equipment uptime.
The market for construction machinery tires faces challenges related to harsh working environments and extreme weather conditions that lead to frequent wear and replacement. Most tires are imported, making them susceptible to currency volatility and shipping delays. There is a general lack of awareness about proper tire maintenance and rotation practices, contributing to premature failures. Counterfeit and low-quality products also dilute market trust and pose safety risks.
Durable and specialized tires for construction machinery operating in rugged environments are in demand. Investing in the supply or local manufacturing of heavy-duty tires designed for the Philippinesâ diverse terrain can capture market share. Partnerships with global tire manufacturers may facilitate technology transfer and product adaptation.
Tires for construction machinery are subject to safety and environmental standards regulated by the Department of Trade and Industry and the Department of Environment and Natural Resources. Policies address the import and local production of tires to ensure durability, safety, and compliance with emission and disposal standards. The government encourages the use of eco-friendly tire technologies to reduce environmental impact.
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 Construction Machinery Tires Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Construction Machinery Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Construction Machinery Tires Market - Industry Life Cycle |
3.4 Philippines Construction Machinery Tires Market - Porter's Five Forces |
3.5 Philippines Construction Machinery Tires Market Revenues & Volume Share, By Construction Machinery Type, 2021 & 2031F |
3.6 Philippines Construction Machinery Tires Market Revenues & Volume Share, By Sales Channel Type, 2021 & 2031F |
3.7 Philippines Construction Machinery Tires Market Revenues & Volume Share, By Construction Machinery Tires, 2021 & 2031F |
4 Philippines Construction Machinery Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Construction Machinery Tires Market Trends |
6 Philippines Construction Machinery Tires Market, By Types |
6.1 Philippines Construction Machinery Tires Market, By Construction Machinery Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Construction Machinery Tires Market Revenues & Volume, By Construction Machinery Type, 2021- 2031F |
6.1.3 Philippines Construction Machinery Tires Market Revenues & Volume, By Earth Moving Machinery, 2021- 2031F |
6.1.4 Philippines Construction Machinery Tires Market Revenues & Volume, By Material Handling, 2021- 2031F |
6.2 Philippines Construction Machinery Tires Market, By Sales Channel Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Construction Machinery Tires Market Revenues & Volume, By OEM, 2021- 2031F |
6.2.3 Philippines Construction Machinery Tires Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.3 Philippines Construction Machinery Tires Market, By Construction Machinery Tires |
6.3.1 Overview and Analysis |
6.3.2 Philippines Construction Machinery Tires Market Revenues & Volume, By Tire Type, 2021- 2031F |
6.3.3 Philippines Construction Machinery Tires Market Revenues & Volume, By Radial Tire, 2021- 2031F |
6.3.4 Philippines Construction Machinery Tires Market Revenues & Volume, By Bias Tire, 2021- 2031F |
7 Philippines Construction Machinery Tires Market Import-Export Trade Statistics |
7.1 Philippines Construction Machinery Tires Market Export to Major Countries |
7.2 Philippines Construction Machinery Tires Market Imports from Major Countries |
8 Philippines Construction Machinery Tires Market Key Performance Indicators |
9 Philippines Construction Machinery Tires Market - Opportunity Assessment |
9.1 Philippines Construction Machinery Tires Market Opportunity Assessment, By Construction Machinery Type, 2021 & 2031F |
9.2 Philippines Construction Machinery Tires Market Opportunity Assessment, By Sales Channel Type, 2021 & 2031F |
9.3 Philippines Construction Machinery Tires Market Opportunity Assessment, By Construction Machinery Tires, 2021 & 2031F |
10 Philippines Construction Machinery Tires Market - Competitive Landscape |
10.1 Philippines Construction Machinery Tires Market Revenue Share, By Companies, 2024 |
10.2 Philippines Construction Machinery Tires Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |