| Product Code: ETC8844258 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines saw a significant influx of large SUV imports, with top exporters including Japan, USA, Italy, Saudi Arabia, and Germany. Despite a sharp decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for 2020-2024 remained strong at 13.93%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, highlighting the dominance of these key exporting countries in catering to the demand for large SUVs in the Philippines.

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 Large SUVs Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Large SUVs Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Large SUVs Market - Industry Life Cycle |
3.4 Philippines Large SUVs Market - Porter's Five Forces |
3.5 Philippines Large SUVs Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Philippines Large SUVs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in the Philippines |
4.2.2 Growing demand for spacious and luxurious vehicles in the market |
4.2.3 Improved infrastructure and road connectivity leading to higher preference for large SUVs |
4.3 Market Restraints |
4.3.1 High import duties and taxes on large SUVs affecting their affordability |
4.3.2 Rising fuel prices impacting the operating costs of large SUVs |
4.3.3 Increasing competition from more fuel-efficient and eco-friendly vehicles |
5 Philippines Large SUVs Market Trends |
6 Philippines Large SUVs Market, By Types |
6.1 Philippines Large SUVs Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Large SUVs Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Philippines Large SUVs Market Revenues & Volume, By Petrol, 2021- 2031F |
6.1.4 Philippines Large SUVs Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.5 Philippines Large SUVs Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.6 Philippines Large SUVs Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Large SUVs Market Import-Export Trade Statistics |
7.1 Philippines Large SUVs Market Export to Major Countries |
7.2 Philippines Large SUVs Market Imports from Major Countries |
8 Philippines Large SUVs Market Key Performance Indicators |
8.1 Average household income levels in the Philippines |
8.2 Number of luxury vehicle dealerships in the country |
8.3 Percentage of road infrastructure development projects completed on schedule |
8.4 Adoption rate of electric or hybrid SUV models in the market |
8.5 Number of new large SUV models introduced in the Philippines market |
9 Philippines Large SUVs Market - Opportunity Assessment |
9.1 Philippines Large SUVs Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Philippines Large SUVs Market - Competitive Landscape |
10.1 Philippines Large SUVs Market Revenue Share, By Companies, 2024 |
10.2 Philippines Large SUVs 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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