| Product Code: ETC8853923 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Used construction equipment is in demand from local contractors and developers seeking affordable machinery for infrastructure and real estate projects. Popular equipment includes excavators, loaders, and concrete mixers. Imports, auctions, and leasing arrangements help sustain the market.
Driven by rising infrastructure projects and real estate development, the used construction equipment market in the Philippines is witnessing solid growth. Small contractors and construction firms prefer purchasing used machinery like excavators, loaders, and cranes due to significant cost savings. Imports from Japan, the U.S., and China dominate the supply side. The trend is also influenced by a growing network of digital platforms facilitating equipment resale, although buyers remain cautious about maintenance history and after-sales support.
This market is limited by inconsistent product quality, lack of standardized resale regulations, and minimal inspection frameworks. Imported used equipment faces high duties, and local operators often struggle with maintenance due to obsolete parts. Financing for second-hand machinery also remains scarce.
Demand for used construction machinery is on the rise due to infrastructure development and budget-conscious small contractors. Investors can establish import and resale businesses for refurbished equipment, or provide rental and financing services. Local servicing hubs for parts and repairs add further revenue potential.
Import and resale of used construction equipment are regulated by EO 156, with specific conditions and permits required for heavy equipment. Imports must pass inspection and certification under BOC and be registered with the Department of Trade and Industry (DTI) and Construction Industry Authority of the Philippines (CIAP). Safety inspections and emissions compliance, especially for diesel-powered machinery, are mandatory. Programs under the Build Build Build initiative encourage investment in newer, more efficient construction equipment.
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 Used Construction Equipment Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Used Construction Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Used Construction Equipment Market - Industry Life Cycle |
3.4 Philippines Used Construction Equipment Market - Porter's Five Forces |
3.5 Philippines Used Construction Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Used Construction Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Used Construction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in the Philippines |
4.2.2 Growing demand for cost-effective construction equipment solutions |
4.2.3 Favorable government policies supporting the construction industry |
4.3 Market Restraints |
4.3.1 Limited availability of quality used construction equipment |
4.3.2 Fluctuating prices of raw materials impacting equipment costs |
4.3.3 Competition from new equipment sales affecting the used equipment market |
5 Philippines Used Construction Equipment Market Trends |
6 Philippines Used Construction Equipment Market, By Types |
6.1 Philippines Used Construction Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Used Construction Equipment Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Used Construction Equipment Market Revenues & Volume, By Earthmoving Equipment, 2021- 2031F |
6.1.4 Philippines Used Construction Equipment Market Revenues & Volume, By Road Construction Equipment, 2021- 2031F |
6.1.5 Philippines Used Construction Equipment Market Revenues & Volume, By Material Handling Equipment, 2021- 2031F |
6.2 Philippines Used Construction Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Used Construction Equipment Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 Philippines Used Construction Equipment Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.2.4 Philippines Used Construction Equipment Market Revenues & Volume, By Mining, 2021- 2031F |
6.2.5 Philippines Used Construction Equipment Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Used Construction Equipment Market Import-Export Trade Statistics |
7.1 Philippines Used Construction Equipment Market Export to Major Countries |
7.2 Philippines Used Construction Equipment Market Imports from Major Countries |
8 Philippines Used Construction Equipment Market Key Performance Indicators |
8.1 Average age of used construction equipment in the market |
8.2 Utilization rate of used construction equipment |
8.3 Maintenance and repair costs for used equipment |
8.4 Number of construction projects using used equipment |
8.5 Resale value of used construction equipment |
9 Philippines Used Construction Equipment Market - Opportunity Assessment |
9.1 Philippines Used Construction Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Used Construction Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Used Construction Equipment Market - Competitive Landscape |
10.1 Philippines Used Construction Equipment Market Revenue Share, By Companies, 2024 |
10.2 Philippines Used Construction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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