Southeast Asia Two-Wheeler Tire Market Report 2023-2028: A Comprehensive Overview of Market Size, Share, Trends and Grow

Overview of the Southeast Asia Two-Wheeler Tire Market

Discover the Southeast Asia Two-Wheeler Tire Market Research Report with MarkNtel Advisors latest study! Our comprehensive report goes deep into the market's size, share, growth potential, demand, and future prospects. We examine current market trends, identify growth drivers, and address limitations. Our analysis spans from 2023 to 2028 aiming to capture the evolving landscape. Additionally, we provide future market projections, along with a thorough exploration of key market dynamics and segment performance. Dive into our assessment of supply and demand, as well as the current manufacturing scenario.

Southeast Asia Two-Wheeler Tire Market Insights:

The Southeast Asia Two-Wheeler Tire Market is valued at USD3.11 billion in 2022 and is estimated to grow at a CAGR of around 5% during the forecast period, i.e., 2023-28.

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Southeast Asia Two-Wheeler Tire Market Dynamic:

Industry Driving Factor:

Growth of E-commerce the Transition toward E-mobility: The e-commerce sector in the Southeast Asia region has grown at a considerable rate over the past years due to the rising preference of consumers improvement in online payment facilities. In addition, the availability of a huge variety of options and lucrative pricing discounts on purchases has also fuelled online sales. As a result, it has positively expanded the logistics sector by increasing its operational work, including home deliveries.

This growth in online sales led to the widespread adoption of both conventional electric scooters motorcycles by online delivery companies like Gojek, Foodpanda, etc., to facilitate early product deliveries. It has been mainly attributed to the compact size of two-wheelers, which eases commuting in crowded cities of the region. As Southeast Asia depends on electric two-wheeler imports, many companies have received funding to establish their manufacturing units in the region. For instance,

In 2022, DatBike, a Vietnam-based electric vehicle start-up, received USD5.3 million in Series A funding for expanding its domestic electric two-wheeler manufacturing capability.

Hence, with the increasing number of e-commerce companies and the growing domestic two-wheeler manufacturing, the demand for two-wheeler tires is anticipated to rise in the forecast years.

Southeast Asia Two-Wheeler Tire Market Segmentation: 2023-2028

This report is a comprehensive research study focusing on the growth of the Southeast Asia Two-Wheeler Tire Market in various segments and geographical areas. Its aim is to help key stakeholders and industry leaders develop innovative strategies and marketing campaigns to bolster the anticipated production and revenue in the coming year. The report delves into shifts, trends, supply chain dynamics, demand, pricing for products and services, and other crucial aspects within each subcategory. Here are the different segments explored in this research report.

By Vehicle Type

Scooter and Moped

Upto 100CC
101 cc to 125 cc
126 cc to 150 cc
Above 150 cc

Motorcycle

Upto 100CC
101 cc to 125 cc
126 cc to 150 cc
Above 150 cc

By Rim Size

10” to 14”
14.1” to 16”
Above 16.1”

By Tire Type

Radial
Bias

By Price Category

Budget
Economy
Premium

By Sales Channel

Online
Direct Sales
Multi Brand Stores
Exclusive Outlets

By Demand Type

OEM
Replacement

Southeast Asia Two-Wheeler Tire Market Geographically Analysis:

By Country

Malaysia
Indonesia
Singapore
Cambodia
Vietnam
Thailand
Philippines
Others

Explore the Complete Southeast Asia Two-Wheeler Tire Market Analysis Report - https://www.marknteladvisors.com/research-library/south-east-asia-two-wheeler-tire-market.html

Southeast Asia Two-Wheeler Tire Market Key Players:

In this section, the report authors perform a thorough analysis of leading companies in the Southeast Asia Two-Wheeler Tire Market. They examine the firms' strategies, recent advancements, expansion initiatives, product and service offerings, mergers and acquisitions, and opportunities for enhancing profitability. The report spotlights the following noteworthy companies:

MRF Tyres
Bridgestone Tyres
Continental Tires
CEAT Tyres
Apollo Tyres
TVS Eurogrip
Pirelli Tires
JK Tyre
Michelin Tyre
Maxxis Tyres
Multistrada Arah Sarana Tbk (Corsa Motorcycle Tire)
Vee Rubber Co. Ltd.
Deerubber Company Ltd. (Deestone)
Inoue Rubber Co. Ltd. (IRC Tires)
Suryaraya Rubberindo Industries (FDR Tires)
ND Rubber Public Co. Ltd.
Others

We closely country regional market trends and industry responses. Additionally, we offer projections of the latest market trends, considering the possible market impact."

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