Laos Autos Market Report 2010-2025

Laos Automotive Report 2010-2025 features historical data and insights plus professional forecast on new vehicles sales by type, manufacturer, brand and model providing an easy-to-use picture of current and future competitive landscape.

Laos 2016. Market at record again although the harsh second half

Laos Auto Market 2016 hit again a new all time record despite the slowdown reported in the second half of the year. Launching the first pickup of its history, local maker Daeham led the market, ahead of Toyota.

Laos 2023. Hit By Currency Depreciation Auto Market Gained Moderately (+2.3%)

Lao Vehicle Market kept growing in 2023. While at a moderate speed, the market continued the positive pathway. Sales were 22.320 (+2.3%), the best performance in 8 years. Although losing sales Toyota is still market leader.

Laos car market

Laos 2021. Leader Toyota Surpasses 50% Share In Market Up In Double-digits

Laos Cars Industry in 2021 rises by 25.5% with 20,910 sales, reporting a very strong performance all year, except for Q3 when sales remained flat. Leader Toyota surpasses 50% market share this year, rising by 51.1%.

Laos 2022. Auto Market Jumped Up (+29.8%) At Pre-Covid Level

Laos Auto Sales  boomed in 2022. Fueled by a strong consumer demand, the industry jumped up 29.8% recovering the pre-covid level and scoring the third highest level ever.
Laos Car Market

Laos 2014. Vehicles market is booming

Laos Car Market boomed in the 2014 thanks to the new limits and duties at the pre-owned vehicles import. In the second half of the year, grey market collapsed focusing demand on ne vehicles. Toyota and Hyundai fight for leadership.