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Cambodia and Laos Autos Report Q2 2016

Cambodia and Laos Autos Report Q2 2016

Used vehicles will continue to make up the overwhelming majority of Cambodia, Laos and Myanmar'sauto markets over BMI's newly extended forecast period to 2020, as the low GDP per capita of theseeconomies makes it very difficult for consumers to afford new cars.

That said, as long as carmakers maintain their expectations, we do see an area for firms to develop atoehold in these frontier markets.

Between 2015 and 2020, we forecast GDP per capita to exceed 6.0% annual growth in all theseeconomies, aided by their young demographics.

As incomes rise, new vehicle sales will inevitably increase when motorisation finally takes off, which webelieve will take place when these countries achieve GDP per capita of USD3,000. Based on ourforecasts, Myanmar and Laos will reach this stage in 2019 and 2021 respectively, while Cambodia willnot yet have attained this by 2024.

Firms which have built up brand awareness and loyalty in the second hand market will be able to reap thebenefits of the motorisation boom to start selling new vehicles.

We also believe the premium car segment will become increasingly attractive, as the new rich withinthese countries spur demand for luxury vehicles.


BMI Industry View
Key Views
SWOT
Myanmar SWOT
Cambodia SWOT
Laos SWOT
Industry Forecast
Myanmar
Used Cars Will Remain Dominant
Table: Passenger Car Market - Historical Data And Forecasts (Myanmar 2014-2020)
Table: Carmakers With A Presence In Myanmar
Table: Myanmar - Import Duties
Commercial Vehicles
Table: Commercial Vehicle Fleet (Myanmar 2014-2020)
Suppliers
Table: Myanmar - Total Vehicle Fleet, 2014-2020
Production Set To Remain Small Scale For Now
Cambodia
Latest Developments
Production To Remain Small Scale
Table: Autos Total Market - Historical Data And Forecasts (Cambodia 2014-2020)
Local Demand For New Passenger Cars Remains Low
Table: Passenger Car Market - Historical Data And Forecasts (Cambodia 2014-2020)
Commercial Vehicles
Motorcycles
Table: Motorcycle Market - Historical Data And Forecasts (Cambodia 2014-2020)
Laos
Latest Developments
Table: Autos Total Market - Historical Data And Forecasts (Laos 2014-2020)
Passenger Cars
Table: Passenger Car Market - Historical Data And Forecasts (Laos 2014-2020)
Commercial Vehicles
Table: Commercial Vehicle Market - Historical Data And Forecasts (Laos 2014-2020)
Motorcycles
Table: Motorcycle Market - Historical Data And Forecasts (Laos 2014-2020)
Industry Risk/Reward Index
South East Asia Shines
'Make In India' Supports Ranking
Vietnam Still Most Likely Frontier Mover
Industry Trends And Developments
Myanmar
Cambodia
Laos
Regional Overview
Table: Asia Autos Production Investment
Incentives Powering Chinese Investment
Making In India Is Increasing Localised
Demographic Forecast
Table: Population Headline Indicators (Cambodia 1990-2025)
Table: Key Population Ratios (Cambodia 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Cambodia 1990-2025)
Table: Population By Age Group (Cambodia 1990-2025)
Table: Population By Age Group % (Cambodia 1990-2025)
Demographic Forecast
Table: Population Headline Indicators (Laos 1990-2025)
Table: Key Population Ratios (Laos 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Laos 1990-2025)
Table: Population By Age Group (Laos 1990-2025)
Table: Population By Age Group % (Laos 1990-2025)
Demographic Forecast
Table: Population Headline Indicators (Myanmar 1990-2025)
Table: Key Population Ratios (Myanmar 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Myanmar 1990-2025)
Table: Population By Age Group (Myanmar 1990-2025)
Table: Population By Age Group % (Myanmar 1990-2025)
Methodology
Industry Forecasts
Sector-Specific Methodology
Sources
Risk/Reward Index Methodology
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators

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