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Philippines Tire Market (2019-2025)

Market Forecast By Origin (Local Manufacturing and Imports), By Vehicle Types (Trucks (Radial and Bias), Light Trucks (Radial and Bias), Passenger Cars and Two-Wheelers )) and Competitive Landscape

  • Product Code:ETC000577
  • Publication Date:March 2019
  • Publisher:6Wresearch
  • Product Type:Report
  • No. of Pages:100
  • No. of Figures:56
  • No. of Tables:5

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Philippines Tire Market (2019-2025)

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Philippines Tire Market (2019-2025)

Philippines Tire Market (2019-2025)


  • Report Description
  • Table of Content
  • Summary
  • Related Topics

Philippines has witnessed strong growth in tire sales in recent years on account of rising automotive fleet due to growing income of middle-class population coupled with developing transportation infrastructure. Increase in vehicle sales and consumer spending would continue to be the key drivers behind the growth of Philippines tire market over the coming years. In addition, government plans such as "Build, Build, Build" program are also expected to present a vast business potential for the tire industry in the country.

According to 6Wresearch, Philippines tire market size is projected to grow at a CAGR of 13.3% during 2019-25. Increasing disposable income of vehicle owners, growing automotive demand and the rapidly growing requirement for electric vehicles in the region would offer favorable opportunities for the tire market growth in Philippines during the forecast period. On account of increasing sales of all kinds of vehicles owing to low life cycle cost and better puncture resistance, radial tires would be the major revenue generating segment in the Philippines tire market forecast period.

Truck tires are the leading revenue generating segment in the overall Philippines tire market share. Further, government's push for infrastructure development in the country would lift the demand for trucks which would eventually lead to higher demand for truck tires during the forecast period. However, with increasing consumer spending, the passenger cars segment is expected to grow at the fastest rate among all kinds of vehicles during the forecast period.

The Philippines tire market report thoroughly covers market by tire types, vehicle types and by origin. The Philippines tire market outlook report provides an unbiased and detailed analysis of the on-going Philippines tire market trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:
• Philippines Tire market Overview
• Philippines Tire market Outlook
• Philippines Tire Market Size and Philippines Tire Market Forecast
• Historical Data of Philippines Tire Market Revenues & Volume for the Period 2016-2018
• Philippines Tire Market forecast of Revenues & Volume for the Period 2019-2025
• Historical Data of Philippines Tire Market Revenues & Volume for the Period 2016-2018, By Local Manufacturing
• Market Size and Forecast of Philippines Tire Market Revenues & Volume for the Period 2019-2025,
  By Local Manufacturing
• Historical Data of Philippines Tire Market Revenues & Volume for the Period 2016-2018, By Import
• Philippines Tire Market Forecast Revenues & Volume for the Period 2019-2025, By Import
• Historical Data of Philippines Radial Tire Market Revenues & Volume for the Period 2016-2018
• Market Size and Forecast of Philippines Radial Tire Market Revenues & Volume for the Period 2019-2025
• Historical Data of Philippines Bias Tire Market Revenues & Volume for the Period 2016-2018
• Market Size and Forecast of Philippines Bias Tire Market Revenues & Volume for the Period 2019-2025
• Historical Data of Philippines Trucks Tire Market Revenues & Volume for the Period 2016-2018
• Market Size and Forecast of Philippines Trucks Tire Market Revenues & Volume for the Period 2019-2025
• Historical Data of Philippines Light Trucks Tire Market Revenues & Volume for the Period 2016-2018
• Market Size and Forecast of Philippines Light Trucks Tire Market Revenues & Volume for the Period 2019-2025
• Historical Data of Philippines Passenger Cars Tire Market Revenues & Volume for the Period 2016-2018
• Market Size and Forecast of Philippines Passenger Cars Tire Market Revenues & Volume for the Period 2019-2025
• Historical Data of Philippines Two-Wheeler Tire Market Revenues & Volume for the Period 2016-2018
• Market Size and Forecast of Philippines Two-Wheeler Tire Market Revenues & Volume for the Period 2019-2025
• Market Drivers and Restraints
• Philippines Tire Market Trends and Developments
• Philippines Tire Market Share, By Players, Vehicle Type
• Philippines Tire Market Overview on Competitive Benchmarking
• Recommendations

Market Segmentation
The Philippines Tire Market report offers a detailed analysis of the following market segments:
• By Origin
    o Local Manufacturing
    o Imports
• By Vehicle Types
    o Trucks
               Radial
               Bias
    o Light Trucks
               Radial
               Bias
    o Passenger Cars
    o Two-Wheeler

1. Executive Summary
2. Introduction
    2.1 Report Description
    2.2 Key Highlights of The Report
    2.3 Market Scope & Segmentation
    2.4 Research Methodology
    2.5 Assumptions
3. Philippines Tire Market Overview
    3.1 Philippines Country Indicators
    3.2 Philippines Tire Market Revenues and Volumes, 2016-2025F
    3.3 Philippines Tire Market - Industry Life Cycle, 2018
    3.4 Philippines Tire Market - Porter's Five Force Model
    3.5 Philippines Tire Market Revenues and Volume Share, By Origin, 2018 & 2025F
4. Philippines Tire Market Dynamics
    4.1 Impact Analysis
    4.2 Market Drivers
    4.3 Market Restraints
5. Philippines Tire Market Overview, By Origin
    5.1 Philippines Local Manufactured Tire Market Revenues and Volume, 2016-2025F
    5.2 Philippines Import Tire Market Revenues and Volume, 2016-2025F
6. Philippines Tire Market Overview, By Vehicle Types
    6.1 Philippines Passenger Car Tire Market Revenues and Volume, 2016-2025F
          6.1.1 Philippines Passenger Car Tire Market Revenues and Volume Share, By Origin, 2018 & 2025F
          6.1.2 Philippines Passenger Car Tire Market Revenues and Volume, By Origin, 2016-2025F
    6.2 Philippines Truck Tire Market Revenues and Volume, 2016-2025F
          6.2.1 Philippines Truck Tire Market Revenues and Volume Share, By Origin, 2018 & 2025F
          6.2.2 Philippines Truck Tire Market Revenues and Volume, By Origin, 2016-2025F
                    6.2.2.1 Philippines Local Manufactured Truck Tire Market Revenues and Volume, By Types, 2016-2025F
                    6.2.2.2 Philippines Import Truck Tire Market Revenues and Volume, By Types, 2016-2025F
    6.3 Philippines Light Truck Tire Market Revenues and Volume, 2016-2025F
          6.3.1 Philippines Light Truck Tire Market Revenues and Volume Share, By Origin, 2018 & 2025F
          6.3.2 Philippines Light Truck Tire Market Revenues and Volume, By Origin, 2016-2025F
                    6.3.2.1 Philippines Local Manufactured Light Truck Tire Market Revenues and Volume,
                                By Types, 2016-2025F
                    6.3.2.2 Philippines Import Light Truck Tire Market Revenues and Volume, By Types, 2016-2025F
    6.4 Philippines Two Wheeler Vehicle Tire Market Revenues and Volume, 2016-2025F
          6.4.1 Philippines Two Wheeler Vehicle Tire Market Revenues and Volume Share, By Origin, 2018 & 2025F
          6.4.2 Philippines Two Wheeler Vehicle Tire Market Revenues and Volume, By Origin, 2016-2025F
7. Philippines Tire Market - Key Performance Indicators
8. Philippines Tire Market Opportunity Assessment
    8.1 Philippines Tire Market Opportunity Assessment, By Origin, 2025F
    8.2 Philippines Local Manufactured Tire Market Opportunity Assessment, By Vehicle Type, 2025F
    8.3 Philippines Import Tire Market Opportunity Assessment, By Vehicle Type, 2025F
9. Philippines Tire Market - Competitive Landscape
    9.1 Competitive Benchmarking, By Tires
    9.2 Philippines Tire Market Revenue Share, By Company, 2018
          9.2.1 Philippines Tire Market Revenue Share, By Company, By Origin, 2018
          9.2.2 Philippines Tire Market Revenue Share, By Company, By Vehicle Type, 2018
10. Company Profiles
      10.1 General Company Establishment MICHELIN
      10.2 Bridgestone Corporation
      10.3 The Goodyear Tire & Rubber Company
      10.4 The Yokohama Rubber Co., Ltd.
      10.5 Giti Tire Corporation
      10.6 Cheng Shin Rubber Ind. Co., Ltd.
      10.7 MRF Limited
      10.8 Apollo Tyres Ltd.
      10.9 Sumitomo Rubber Industries, Ltd.
      10.10 Toyo Tire & Rubber Co., Ltd.
      10.11 Continental AG
11. Key Strategic Recommendations
12. Disclaimer

List of Figures
1. Philippines Tire Market Revenues and Volume, 2016-2025F ($ Billion/Million Units)
2. Expenditure Allocation on Infrastructure by Philippines Government
3. Philippines Tire Market Revenue Share, By Origin, 2018 & 2025F
4. Philippines Tire Market Volume Share, By Origin, 2018 & 2025F
5. Philippines Local Manufactured Tire Market Revenue Share, By Vehicle Types, 2018 & 2025F
6. Philippines Local Manufactured Tire Market Volume Share, By Vehicle Types, 2018 & 2025F
7. Philippines Import Tire Market Revenue Share, By Vehicle Types, 2018 & 2025F
8. Philippines Import Tire Market Volume Share, By Vehicle Types, 2018 & 2025F
9. Philippines Passenger Car Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
10. Philippines Passenger Car Tire Market Revenue Share, By Origin, 2018 & 2025F
11. Philippines Passenger Car Tire Market Volume Share, By Origin, 2018 & 2025F
12. Philippines Local Manufactured Passenger Car Tire Market Revenues and Volume,
      2016-2025F ($ Million/Million Units)
13. Philippines Import Passenger Car Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
14. Philippines Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
15. Philippines Truck Tire Market Revenue Share, By Origin, 2018 & 2025F
16. Philippines Truck Tire Market Volume Share, By Origin, 2018 & 2025F
17. Philippines Local Manufactured Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
18. Philippines Import Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
19. Philippines Local Manufactured Truck Tire Market Revenue Share, By Types, 2018 & 2025F
20. Philippines Local Manufactured Truck Tire Market Volume Share, By Types, 2018 & 2025F
21. Philippines Local Manufactured Radial Truck Tire Market Revenues and Volume,
      2016-2025F ($ Million/Million Units)
22. Philippines Local Manufactured Bias Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
23. Philippines Import Truck Tire Market Revenue Share, By Types, 2018 & 2025F
24. Philippines Import Truck Tire Market Volume Share, By Types, 2018 & 2025F
25. Philippines Import Radial Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
26. Philippines Import Bias Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
27. Philippines Light Truck Radial Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
28. Philippines Light Truck Tire Market Revenue Share, By Origin, 2018 & 2025F
29. Philippines Light Truck Tire Market Volume Share, By Origin, 2018 & 2025F
30. Philippines Local Manufactured Light Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
31. Philippines Import Truck Light Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
32. Philippines Local Manufactured Light Truck Tire Market Revenue Share, By Types, 2018 & 2025F
33. Philippines Local Manufactured Light Truck Tire Market Volume Share, By Types, 2018 & 2025F
34. Philippines Local Manufactured Radial Light Truck Tire Market Revenues and Volume,
      2016-2025F ($ Million/Million Units)
35. Philippines Local Manufactured Bias Light Truck Tire Market Revenues and Volume,
      2016-2025F ($ Million/Million Units)
36. Philippines Import Light Truck Tire Market Revenue Share, By Types, 2018 & 2025F
37. Philippines Import Light Truck Tire Market Volume Share, By Types, 2018 & 2025F
38. Philippines Import Radial Light Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
39. Philippines Import Bias Light Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
40. Philippines Two Wheeler Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
41. Philippines Two Wheeler Tire Market Revenue Share, By Origin, 2018 & 2025F
42. Philippines Two Wheeler Tire Market Volume Share, By Origin, 2018 & 2025F
43. Philippines Local Manufactured Two Wheeler Tire Market Revenues and Volume,
      2016-2025F ($ Million/Million Units)
44. Philippines Import Two Wheeler Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
45. Philippines Actual Government Spending Vs Actual Government Revenues, 2014-2023F (Philippines peso Trillion)
46. Philippines Urban Population Percentage, (2010-2050F)
47. Philippines Tire Market Opportunity Matrix, By Origin, 2025F
48. Philippines Local Manufactured Tire Market Opportunity Matrix, By Vehicle Type, 2025F
49. Philippines Import Tire Market Opportunity Matrix, By Vehicle Type, 2025F
50. Philippines Import Radial Truck Tire Market Revenue Share, By Company, 2018
51. Philippines Import Bias Truck Tire Market Revenue Share, By Company, 2018
52. Philippines Import Radial Light Truck Tire Market Revenue Share, By Company, 2018
53. Philippines Import Bias Light Truck Tire Market Revenue Share, By Company, 2018
54. Philippines Import Truck Tire Market Revenue Share, By Company, 2018
55. Philippines Import Truck Tire Market Revenue Share, By Company, 2018
56. Tire Market - Ansoff Matrix

List of Tables
1. Passenger Car Sales, 2014-17 (in Units)
2. Philippines Upcoming Transportation Projects
3. Upcoming Road and Highway Construction Projects
4. Philippines Vehicle Sales Data, 2014-17 (in units)
5. Philippines Vehicle Production Data, 2014-17 (in units)

Philippines Tire Market (2019-2025) report graph
   Source: 6Wresearch

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