| Product Code: ETC8850751 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to see a significant influx of riding gear import shipments from top exporting countries including China, USA, Vietnam, Taiwan, Province of China, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 43.07% from 2020 to 2024 highlights the robust demand for riding gear in the Philippines. Moreover, the growth rate of 17.43% from 2023 to 2024 suggests a continued upward trend in import volumes, signaling opportunities for market expansion and diversification.

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 Riding Gear Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Riding Gear Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Riding Gear Market - Industry Life Cycle |
3.4 Philippines Riding Gear Market - Porter's Five Forces |
3.5 Philippines Riding Gear Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Philippines Riding Gear Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Riding Gear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of motorcycle riding as a recreational activity in the Philippines |
4.2.2 Growing awareness about the importance of safety gear among riders |
4.2.3 Rise in disposable income levels leading to higher spending on quality riding gear |
4.3 Market Restraints |
4.3.1 High cost associated with premium riding gear products |
4.3.2 Lack of stringent regulations mandating the use of riding gear |
4.3.3 Limited availability of specialized stores selling high-quality riding gear |
5 Philippines Riding Gear Market Trends |
6 Philippines Riding Gear Market, By Types |
6.1 Philippines Riding Gear Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Riding Gear Market Revenues & Volume, By Material Type, 2021- 2031F |
6.1.3 Philippines Riding Gear Market Revenues & Volume, By Mesh, 2021- 2031F |
6.1.4 Philippines Riding Gear Market Revenues & Volume, By Leather, 2021- 2031F |
6.1.5 Philippines Riding Gear Market Revenues & Volume, By Plastic, 2021- 2031F |
6.1.6 Philippines Riding Gear Market Revenues & Volume, By Carbon Fiber, 2021- 2031F |
6.1.7 Philippines Riding Gear Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Philippines Riding Gear Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Riding Gear Market Revenues & Volume, By Online, 2021- 2031F |
6.2.3 Philippines Riding Gear Market Revenues & Volume, By Offline, 2021- 2031F |
7 Philippines Riding Gear Market Import-Export Trade Statistics |
7.1 Philippines Riding Gear Market Export to Major Countries |
7.2 Philippines Riding Gear Market Imports from Major Countries |
8 Philippines Riding Gear Market Key Performance Indicators |
8.1 Number of motorcycle registrations in the Philippines |
8.2 Percentage of riders using appropriate safety gear |
8.3 Growth in the number of riding gear manufacturers in the market |
9 Philippines Riding Gear Market - Opportunity Assessment |
9.1 Philippines Riding Gear Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Philippines Riding Gear Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Riding Gear Market - Competitive Landscape |
10.1 Philippines Riding Gear Market Revenue Share, By Companies, 2024 |
10.2 Philippines Riding Gear 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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