Inaugural Auto Parts & Vehicles Expo Highlights Continuously Robust Growth of Vehicle Industry in PH

The first APVE in PH runs from June 5 to 7 at the World Trade Expo Manila.

Following the record-high sales of vehicles in the Philippines in 2023, the sectors for automotive parts and car care products are logically set to rev up further. Thus, the first Auto Parts & Vehicles Expo Philippines (APVE) is coming as a timely platform for local and international suppliers to convene for trading, networking, and exchange of ideas and innovations about automotive parts, accessories, maintenance equipment, and tools. 

Why the Auto Parts and Supplies Sector Continues to Thrive in PH

Auto parts and services grow along with the strong vehicle industry in the country.

Pasay City, Philippines—The Philippines’ auto parts sector is robustly growing along with the continuously growing automotive industry in the country. Logically, this is driven by the consistent growth in annual vehicle sales coupled with the inevitably rising demand for automotive aftermarket products and services. 

Currently, the Philippine automotive parts sector runs through the operations of over 250 local businesses that are registered for producing and importing up to 330 types of auto parts and components, which in turn are made not just of metals but also of plastic, rubber, and other composite materials. Such enterprises supply items for original equipment manufacturers (OEMs) and independent aftermarket (IAM)--comprising the parts replacement market. 

Innovation and Technology in Agriculture on Spotlight at the Livestock Philippines and Aquaculture Philippines 2024

Despite industrialization, Agriculture remains a key industry in the Philippines yet lags behind in terms of optimizing output and faces challenges like El Nino and climate change. With this, the prices of produce especially in livestock and aquaculture are unstable and subjected to inflation and shortages. This is why the Livestock Philippines and Aquaculture Philippines Conference was made to improve these industries. Hosted again by Informa Markets, they are highlighting innovation and technology to improve the agricultural economy particularly the livestock and aquaculture industries. 

Now on its annual year cycle, the events are ready to showcase technology and cutting-edge product display from market-leading exhibitors, and a knowledge-sharing platform through a series of conferences and industry forums that will enable participants and visitors to link up with technology providers and emerging markets.

The theme "Harnessing Innovation and Technology for Sustainable Farm Development" for this year's Livestock Philippines and Aquaculture Philippines editions could serve as a stimulus for advancing both sectors within the agriculture industry. By emphasizing technology and innovation, these events have the potential to elevate these sectors as key drivers of rural development and employment opportunities, showcasing a commitment to sustainable practices alongside technological advancements.