New Cars in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The market for new cars consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles.
- The Philippines captured a share of 0.5% in the Asia-Pacific new cars market, in 2022.
- The Filipino new cars market had total revenues of $4.5 billion in 2022, representing a negative compound annual growth rate (CAGR) of 1.7% between 2017 and 2022.
- Market consumption volumes declined with a negative CAGR of 1.5% between 2017 and 2022, to reach a total of 260.6 thousand units in 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the new cars market in Philippines
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Philippines
- Leading company profiles reveal details of key new cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Philippines new cars market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Philippines new cars market by value in 2022?
- What will be the size of the Philippines new cars market in 2027?
- What factors are affecting the strength of competition in the Philippines new cars market?
- How has the market performed over the last five years?
- How large is Philippines’s new cars market in relation to its regional counterparts?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Toyota Motor Corporation
- Renault–Nissan–Mitsubishi Alliance
- Suzuki Motor Corporation
- Honda Motor Co., Ltd.
