| Product Code: ETC11227681 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Philippines continues to rely heavily on tire imports, with key suppliers being China, Thailand, Indonesia, India, and Japan in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 20.6% from 2020 to 2024 reflects the increasing demand for tires in the country. Moreover, the growth rate of 23.49% in 2024 suggests a rapid expansion of the market. Industry players should monitor these trends closely to capitalize on emerging opportunities and navigate potential challenges in the Philippines` tire import sector.

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 Tyres Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Tyres Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Tyres Market - Industry Life Cycle |
3.4 Philippines Tyres Market - Porter's Five Forces |
3.5 Philippines Tyres Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Tyres Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Philippines Tyres Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Philippines Tyres Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Tyres Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in the Philippines, leading to higher demand for tires. |
4.2.2 Growth of the automotive industry in the country. |
4.2.3 Government initiatives promoting road infrastructure development. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in tire manufacturing. |
4.3.2 Competition from cheaper imported tires. |
4.3.3 Environmental concerns leading to demand for eco-friendly tire options. |
5 Philippines Tyres Market Trends |
6 Philippines Tyres Market, By Types |
6.1 Philippines Tyres Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Tyres Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Tyres Market Revenues & Volume, By Radial, 2021 - 2031F |
6.1.4 Philippines Tyres Market Revenues & Volume, By Bias Ply, 2021 - 2031F |
6.1.5 Philippines Tyres Market Revenues & Volume, By Tubeless, 2021 - 2031F |
6.1.6 Philippines Tyres Market Revenues & Volume, By Tube Type, 2021 - 2031F |
6.2 Philippines Tyres Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Philippines Tyres Market Revenues & Volume, By Natural Rubber, 2021 - 2031F |
6.2.3 Philippines Tyres Market Revenues & Volume, By Synthetic Rubber, 2021 - 2031F |
6.2.4 Philippines Tyres Market Revenues & Volume, By Recycled Material, 2021 - 2031F |
6.2.5 Philippines Tyres Market Revenues & Volume, By Carbon-Based, 2021 - 2031F |
6.3 Philippines Tyres Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Tyres Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.3.3 Philippines Tyres Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.3.4 Philippines Tyres Market Revenues & Volume, By Two-Wheelers, 2021 - 2031F |
6.3.5 Philippines Tyres Market Revenues & Volume, By Off-Road Vehicles, 2021 - 2031F |
6.4 Philippines Tyres Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Philippines Tyres Market Revenues & Volume, By OEMs, 2021 - 2031F |
6.4.3 Philippines Tyres Market Revenues & Volume, By Aftermarket, 2021 - 2031F |
6.4.4 Philippines Tyres Market Revenues & Volume, By Fleet Operators, 2021 - 2031F |
6.4.5 Philippines Tyres Market Revenues & Volume, By Agriculture and Construction, 2021 - 2031F |
7 Philippines Tyres Market Import-Export Trade Statistics |
7.1 Philippines Tyres Market Export to Major Countries |
7.2 Philippines Tyres Market Imports from Major Countries |
8 Philippines Tyres Market Key Performance Indicators |
8.1 Average miles driven per vehicle in the Philippines. |
8.2 Number of new vehicle registrations in the country. |
8.3 Percentage of government budget allocated to road infrastructure development. |
8.4 Consumer sentiment towards locally manufactured tires. |
8.5 Adoption rate of eco-friendly tire options in the market. |
9 Philippines Tyres Market - Opportunity Assessment |
9.1 Philippines Tyres Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Tyres Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Philippines Tyres Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Philippines Tyres Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Tyres Market - Competitive Landscape |
10.1 Philippines Tyres Market Revenue Share, By Companies, 2024 |
10.2 Philippines Tyres 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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