Philippines New Cars Market to 2027
Philippines New Cars Market to 2027
Summary
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
Summary
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.
- 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
- 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?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strengths of the leading players?
7.4. What strategies do the leading players follow?
8 COMPANY PROFILES
8.1. Toyota Motor Corporation
8.2. Renault–Nissan–Mitsubishi Alliance
8.3. Suzuki Motor Corporation
8.4. Honda Motor Co., Ltd.
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strengths of the leading players?
7.4. What strategies do the leading players follow?
8 COMPANY PROFILES
8.1. Toyota Motor Corporation
8.2. Renault–Nissan–Mitsubishi Alliance
8.3. Suzuki Motor Corporation
8.4. Honda Motor Co., Ltd.
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Philippines new cars market value: $ billion, 2017–22
Table 2: Philippines new cars market volume: units, 2017–22
Table 3: Philippines new cars market geography segmentation: $ billion, 2022
Table 4: Philippines new cars market value forecast: $ billion, 2022–27
Table 5: Philippines new cars market volume forecast: units, 2022–27
Table 6: Philippines new cars market share: % share, by volume, 2022
Table 7: Toyota Motor Corporation: key facts
Table 8: Toyota Motor Corporation: Annual Financial Ratios
Table 9: Toyota Motor Corporation: Key Employees
Table 10: Toyota Motor Corporation: Key Employees Continued
Table 11: Renault–Nissan–Mitsubishi Alliance: key facts
Table 12: Suzuki Motor Corporation: key facts
Table 13: Suzuki Motor Corporation: Annual Financial Ratios
Table 14: Suzuki Motor Corporation: Key Employees
Table 15: Suzuki Motor Corporation: Key Employees Continued
Table 16: Honda Motor Co., Ltd.: key facts
Table 17: Honda Motor Co., Ltd.: Annual Financial Ratios
Table 18: Honda Motor Co., Ltd.: Key Employees
Table 19: Honda Motor Co., Ltd.: Key Employees Continued
Table 20: Philippines size of population (million), 2018–22
Table 21: Philippines gdp (constant 2005 prices, $ billion), 2018–22
Table 22: Philippines gdp (current prices, $ billion), 2018–22
Table 23: Philippines inflation, 2018–22
Table 24: Philippines consumer price index (absolute), 2018–22
Table 25: Philippines exchange rate, 2018–22
Table 1: Philippines new cars market value: $ billion, 2017–22
Table 2: Philippines new cars market volume: units, 2017–22
Table 3: Philippines new cars market geography segmentation: $ billion, 2022
Table 4: Philippines new cars market value forecast: $ billion, 2022–27
Table 5: Philippines new cars market volume forecast: units, 2022–27
Table 6: Philippines new cars market share: % share, by volume, 2022
Table 7: Toyota Motor Corporation: key facts
Table 8: Toyota Motor Corporation: Annual Financial Ratios
Table 9: Toyota Motor Corporation: Key Employees
Table 10: Toyota Motor Corporation: Key Employees Continued
Table 11: Renault–Nissan–Mitsubishi Alliance: key facts
Table 12: Suzuki Motor Corporation: key facts
Table 13: Suzuki Motor Corporation: Annual Financial Ratios
Table 14: Suzuki Motor Corporation: Key Employees
Table 15: Suzuki Motor Corporation: Key Employees Continued
Table 16: Honda Motor Co., Ltd.: key facts
Table 17: Honda Motor Co., Ltd.: Annual Financial Ratios
Table 18: Honda Motor Co., Ltd.: Key Employees
Table 19: Honda Motor Co., Ltd.: Key Employees Continued
Table 20: Philippines size of population (million), 2018–22
Table 21: Philippines gdp (constant 2005 prices, $ billion), 2018–22
Table 22: Philippines gdp (current prices, $ billion), 2018–22
Table 23: Philippines inflation, 2018–22
Table 24: Philippines consumer price index (absolute), 2018–22
Table 25: Philippines exchange rate, 2018–22
LIST OF FIGURES
Figure 1: Philippines new cars market value: $ billion, 2017–22
Figure 2: Philippines new cars market volume: units, 2017–22
Figure 3: Philippines new cars market geography segmentation: % share, by value, 2022
Figure 4: Philippines new cars market value forecast: $ billion, 2022–27
Figure 5: Philippines new cars market volume forecast: units, 2022–27
Figure 6: Forces driving competition in the new cars market in Philippines, 2022
Figure 7: Drivers of buyer power in the new cars market in Philippines, 2022
Figure 8: Drivers of supplier power in the new cars market in Philippines, 2022
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Philippines, 2022
Figure 10: Factors influencing the threat of substitutes in the new cars market in Philippines, 2022
Figure 11: Drivers of degree of rivalry in the new cars market in Philippines, 2022
Figure 12: Philippines new cars market share: % share, by volume, 2022
Figure 1: Philippines new cars market value: $ billion, 2017–22
Figure 2: Philippines new cars market volume: units, 2017–22
Figure 3: Philippines new cars market geography segmentation: % share, by value, 2022
Figure 4: Philippines new cars market value forecast: $ billion, 2022–27
Figure 5: Philippines new cars market volume forecast: units, 2022–27
Figure 6: Forces driving competition in the new cars market in Philippines, 2022
Figure 7: Drivers of buyer power in the new cars market in Philippines, 2022
Figure 8: Drivers of supplier power in the new cars market in Philippines, 2022
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Philippines, 2022
Figure 10: Factors influencing the threat of substitutes in the new cars market in Philippines, 2022
Figure 11: Drivers of degree of rivalry in the new cars market in Philippines, 2022
Figure 12: Philippines new cars market share: % share, by volume, 2022