| Product Code: ETC10594465 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, the Philippines saw a steady increase in hovercraft imports, with the top exporting countries being the USA, Mexico, Poland, Japan, and Egypt. Despite moderate concentration levels, the Compound Annual Growth Rate (CAGR) from 2020 to 2024 was a robust 8.9%. However, there was a slight dip in growth from 2023 to 2024, with a negative growth rate of -19.51%. The import trends indicate a strong demand for hovercraft in the Philippines, with diverse sources contributing to the market supply.

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 Hovercraft Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Hovercraft Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Hovercraft Market - Industry Life Cycle |
3.4 Philippines Hovercraft Market - Porter's Five Forces |
3.5 Philippines Hovercraft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Hovercraft Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Philippines Hovercraft Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.8 Philippines Hovercraft Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Philippines Hovercraft Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Hovercraft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Hovercraft Market Trends |
6 Philippines Hovercraft Market, By Types |
6.1 Philippines Hovercraft Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Hovercraft Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Hovercraft Market Revenues & Volume, By Personal, 2021 - 2031F |
6.1.4 Philippines Hovercraft Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.1.5 Philippines Hovercraft Market Revenues & Volume, By Military, 2021 - 2031F |
6.2 Philippines Hovercraft Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Philippines Hovercraft Market Revenues & Volume, By 1-2 Persons, 2021 - 2031F |
6.2.3 Philippines Hovercraft Market Revenues & Volume, By 10+ Persons, 2021 - 2031F |
6.2.4 Philippines Hovercraft Market Revenues & Volume, By Heavy Load, 2021 - 2031F |
6.3 Philippines Hovercraft Market, By Engine Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Hovercraft Market Revenues & Volume, By Gasoline, 2021 - 2031F |
6.3.3 Philippines Hovercraft Market Revenues & Volume, By Diesel, 2021 - 2031F |
6.3.4 Philippines Hovercraft Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.4 Philippines Hovercraft Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Hovercraft Market Revenues & Volume, By Recreation, 2021 - 2031F |
6.4.3 Philippines Hovercraft Market Revenues & Volume, By Passenger Transport, 2021 - 2031F |
6.4.4 Philippines Hovercraft Market Revenues & Volume, By Defense, 2021 - 2031F |
6.5 Philippines Hovercraft Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Philippines Hovercraft Market Revenues & Volume, By Individuals, 2021 - 2031F |
6.5.3 Philippines Hovercraft Market Revenues & Volume, By Tourism, 2021 - 2031F |
6.5.4 Philippines Hovercraft Market Revenues & Volume, By Government, 2021 - 2031F |
7 Philippines Hovercraft Market Import-Export Trade Statistics |
7.1 Philippines Hovercraft Market Export to Major Countries |
7.2 Philippines Hovercraft Market Imports from Major Countries |
8 Philippines Hovercraft Market Key Performance Indicators |
9 Philippines Hovercraft Market - Opportunity Assessment |
9.1 Philippines Hovercraft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Hovercraft Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Philippines Hovercraft Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.4 Philippines Hovercraft Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Philippines Hovercraft Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Hovercraft Market - Competitive Landscape |
10.1 Philippines Hovercraft Market Revenue Share, By Companies, 2024 |
10.2 Philippines Hovercraft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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