Product Code: ETC018889 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippine wine market is projected to register a CAGR of 4.9% during the forecast period (2025-2031). The increasing demand for premium wines, growing awareness, and the rising number of establishments offering alcoholic beverages are some of the key factors driving growth in this market. Moreover, the influx of foreign brands has also contributed to the rapid expansion of wine sales in recent years
Consumers have started preferring premium wine varieties due to their superior quality and taste as compared to other alcoholic beverages such as beer or vodka. This has led to an increase in demand for higher priced wines, which is driving market growth over the forecast period. Additionally, millennials across various countries including Philippines are increasingly opting for healthier drinks such as light beers & spirits, flavored vodkas & rums, and imported wines from different parts of Europe. This trend has led to an exponential rise in sale volumes thereby boosting revenue generation within global markets like that present in Pilippines.
Imported beers generally face high taxes which makes them unaffordable for most consumers resulting into lower purchase numbers even though there exists large demand potential amongst population especially millennials who prefer having access towards newer product offerings . Thus heavy taxation reduces scope present on behalf off international players looking forward towards setting foots onto local scenario through their branded products
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 Internal combustion engine components Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Internal combustion engine components Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Internal combustion engine components Market - Industry Life Cycle |
3.4 Philippines Internal combustion engine components Market - Porter's Five Forces |
3.5 Philippines Internal combustion engine components Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Internal combustion engine components Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.7 Philippines Internal combustion engine components Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.8 Philippines Internal combustion engine components Market Revenues & Volume Share, By Component Types, 2021 & 2031F |
4 Philippines Internal combustion engine components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Internal combustion engine components Market Trends |
6 Philippines Internal combustion engine components Market, By Types |
6.1 Philippines Internal combustion engine components Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Internal combustion engine components Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Internal combustion engine components Market Revenues & Volume, By Low-speed Engine, 2021-2031F |
6.1.4 Philippines Internal combustion engine components Market Revenues & Volume, By Medium-speed Engine, 2021-2031F |
6.1.5 Philippines Internal combustion engine components Market Revenues & Volume, By High-speed Engine, 2021-2031F |
6.2 Philippines Internal combustion engine components Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Philippines Internal combustion engine components Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Philippines Internal combustion engine components Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Philippines Internal combustion engine components Market Revenues & Volume, By Aircraft, 2021-2031F |
6.3 Philippines Internal combustion engine components Market, By Fuel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Internal combustion engine components Market Revenues & Volume, By Petroleum, 2021-2031F |
6.3.3 Philippines Internal combustion engine components Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.4 Philippines Internal combustion engine components Market, By Component Types |
6.4.1 Overview and Analysis |
6.4.2 Philippines Internal combustion engine components Market Revenues & Volume, By Cylinder, 2021-2031F |
6.4.3 Philippines Internal combustion engine components Market Revenues & Volume, By Piston, 2021-2031F |
6.4.4 Philippines Internal combustion engine components Market Revenues & Volume, By Crankshaft, 2021-2031F |
6.4.5 Philippines Internal combustion engine components Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Internal combustion engine components Market Import-Export Trade Statistics |
7.1 Philippines Internal combustion engine components Market Export to Major Countries |
7.2 Philippines Internal combustion engine components Market Imports from Major Countries |
8 Philippines Internal combustion engine components Market Key Performance Indicators |
9 Philippines Internal combustion engine components Market - Opportunity Assessment |
9.1 Philippines Internal combustion engine components Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Internal combustion engine components Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.3 Philippines Internal combustion engine components Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.4 Philippines Internal combustion engine components Market Opportunity Assessment, By Component Types, 2021 & 2031F |
10 Philippines Internal combustion engine components Market - Competitive Landscape |
10.1 Philippines Internal combustion engine components Market Revenue Share, By Companies, 2024 |
10.2 Philippines Internal combustion engine components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |