Car extorior and interior wrapping film PhilAuto Exhibition

PhilAuto Exhibition is held annually in Manila, Philippines. This exhibition will be the largest and most professional international exhibition of automotive parts, services, rubber, and maintenance equipment in the Philippines, as well as a professional exhibition for technology exchange and emerging product launches in the automotive industry. The exhibition is hosted by AMB Exhibitions Malaysia, which is one of the leading exhibition and conference organizers in Asia. Last year, there were over 300 exhibitors from Taiwan, Indonesia, Vietnam, Malaysia, Cambodia, Laos, China, and the Philippines.

Exhibition time: 12th-14th,July,2023.

Exhibition address: SMX Convention Center

Exhibition Organizer: AMB TARSUS EVENTS GROUP

1. Market Overview

Manila does not have a car scrapping system, so there will be a large number of second-hand cars on the market. The Philippines is one of the largest importers of used cars in Asia, and its extensive repair (likes car color change wrapping film）and maintenance of used cars will effectively drive the development of the automotive parts market.
The Philippines does not prohibit motorcycles, so there are various motorcycles and modified motorcycles on the roads. From this, it can be seen that mopeds also have a strong market in the Philippines.

2. Philippines to invest $600 million to support the automotive industry
According to industry insiders' analysis, in the Philippines, due to the high import of raw materials, lack of infrastructure, and high manufacturing costs of automobiles, most automobile companies choose to import cars from foreign countries instead of producing locally. Domestic automobile sales only account for 20% of the total national sales.
In 2015, the Philippine government announced that it would provide $600 million in subsidies to the automotive industry over the next six years to curb and increase declining car production and catch up with competitors. The government plans to provide an annual reward of approximately $100 million to support the production of three vehicle models, and after completing a three-year study, it will encourage the production of at least 600000 vehicles.

3. Rapid growth rate of car sales
In the first six months of 2016, the sales of Filipino cars were 167481, a year-on-year increase of 27.4%. The Philippine Automobile Manufacturers Association (CAMPI) and the Philippine Truck Manufacturers Association (TMA) said in their joint report that the increase in automobile sales was mainly due to the strong growth of commercial vehicle sales, which increased by 33.3%; Passenger car sales also increased by 18.5%.

The sales of commercial vehicles in the Philippines increased from 78687 units in the same period last year to 104921 units. Among them, the sales of light commercial vehicles were 69414, an increase of 34.4% compared to the same period last year. The sales of multi-functional vehicles in Asia reached 29956 units, an increase of 29% compared to the same period last year. During the same period, the sales of light trucks reached 3272 units, a year-on-year increase of 44.1%; And 1321 trucks and buses of the four categories increased by 26.9%; There were 958 types of trucks and buses, an increase of 94.3%.

The sales of passenger cars in the Philippines increased from 52778 units in the same period last year to 62560 units. In 2016, the sales target of the automotive industry was approximately 350000 vehicles, an increase of 10% compared to 2015. In June alone, car sales reached 32993 units, an increase of 36.4% year-on-year and 8.8% month on month.

All those to show that PhiAuto exhibition will attractive plenty of ineternational people attend it whom are working on Auto parts accessories services specially the Auto Wrapping Color Change Film / Car Installing Wrapping foil services attaent it and promote industry development.