Summary
Car Manufacturing in Pakistan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The car manufacturing market encompasses passenger cars, which are defined as motor vehicles equipped with at least four wheels, designed primarily for the transportation of passengers. These vehicles typically accommodate no more than eight seats, including the driver's seat. This market includes petrol, diesel, electric, and hybrid passenger cars. The market encompasses a broad spectrum of vehicle types, such as mini, small, medium, large, exclusive, and luxury cars, along with mini, compact, mid and full-size SUVs/crossovers. Additionally, it encompasses compact, small and large MPVs, as well as mini, compact, mid and full-size pickups. Sport coupe cars are also included within the scope. Light or heavy commercial vehicles e.g., vans or heavy goods vehicles (HGVs) are excluded from the market scope.
- The Pakistani car manufacturing industry recorded revenues of $1.8 billion in 2024, representing a negative compound annual growth rate (CAGR) of 6.2% between 2019 and 2024.
- Industry production volumes declined with a negative CAGR of 7.2% between 2019 and 2024, reaching a total of 125.1 thousand units in 2024.
- The Pakistani car manufacturing industry’s production volume grew by 46.7% in 2024, which was also supported by rising demand from the domestic rental car market. Fleet expansion by rental companies led to bulk orders, boosting factory output. According to GlobalData, the rental car fleet in Pakistan stood at 2,375 units in 2024, an increase of 7.7% from the previous year.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car manufacturing market in Pakistan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car manufacturing market in Pakistan
- Leading company profiles reveal details of key car manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Pakistan car manufacturing market with five year forecasts
Reasons to Buy
- What was the size of the Pakistan car manufacturing market by value in 2024?
- What will be the size of the Pakistan car manufacturing market in 2029?
- What factors are affecting the strength of competition in the Pakistan car manufacturing market?
- How has the market performed over the last five years?
- What are the main segments that make up Pakistan's car manufacturing market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. 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. Category segmentation
4.2. 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 strategies used by the leading companies?
7.4. What have been the most recent market developments?
8 Company Profiles
8.1. Pak Suzuki Motor Co Ltd
8.2. Indus Motor Company Ltd.
8.3. Honda Atlas Cars (Pakistan) Limited
8.4. Hyundai Nishat Motor (Private) Limited
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: Pakistan car manufacturing industry value: $ billion, 2019-24
Table 2: Pakistan car manufacturing industry volume: thousand units, 2019-24
Table 3: Pakistan car manufacturing industry category segmentation: % share, by volume, 2019-24
Table 4: Pakistan car manufacturing industry category segmentation: thousand units, 2019-24
Table 5: Pakistan car manufacturing industry geography segmentation: $ billion, 2024
Table 6: Pakistan car manufacturing industry value forecast: $ billion, 2024-29
Table 7: Pakistan car manufacturing industry volume forecast: thousand units, 2024-29
Table 8: Pakistan car manufacturing industry share: % share, by volume, 2024
Table 9: Pak Suzuki Motor Co Ltd: Key Facts
Table 10: Pak Suzuki Motor Co Ltd: Key Employees
Table 11: Indus Motor Company Ltd.: Key Facts
Table 12: Indus Motor Company Ltd.: Annual Financial Ratios
Table 13: Indus Motor Company Ltd.: Key Employees
Table 14: Honda Atlas Cars (Pakistan) Limited: Key Facts
Table 15: Honda Atlas Cars (Pakistan) Limited: Annual Financial Ratios
Table 16: Honda Atlas Cars (Pakistan) Limited: Key Employees
Table 17: Hyundai Nishat Motor (Private) Limited: Key Facts
Table 18: Pakistan Size of Population (Million), 2020-24
Table 19: Pakistan Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 20: Pakistan GDP (Current Prices, $ Billion), 2020-24
Table 21: Pakistan Inflation, 2020-24
Table 22: Pakistan Consumer Price Index (Absolute), 2020-24
Table 23: Pakistan Exchange Rate, 2019-24
List of Figures
Figure 1: Pakistan car manufacturing industry value: $ billion, 2019-24
Figure 2: Pakistan car manufacturing industry volume: thousand units, 2019-24
Figure 3: Pakistan car manufacturing industry category segmentation: thousand units, 2019-24
Figure 4: Pakistan car manufacturing industry geography segmentation: % share, by value, 2024
Figure 5: Pakistan car manufacturing industry value forecast: $ billion, 2024-29
Figure 6: Pakistan car manufacturing industry volume forecast: thousand units, 2024-29
Figure 7: Forces driving competition in the car manufacturing industry in Pakistan, 2024
Figure 8: Drivers of buyer power in the car manufacturing industry in Pakistan, 2024
Figure 9: Drivers of supplier power in the car manufacturing industry in Pakistan, 2024
Figure 10: Factors influencing the likelihood of new entrants in the car manufacturing industry in Pakistan, 2024
Figure 11: Factors influencing the threat of substitutes in the car manufacturing industry in Pakistan, 2024
Figure 12: Drivers of degree of rivalry in the car manufacturing industry in Pakistan, 2024
Figure 13: Pakistan car manufacturing industry share: % share, by volume, 2024
