Southeast Asia Two-Wheeler Tire Market Trend, Size, Share, Trends, Growth, Report and Forecast 2023-2028

Market Insights & Analysis: The Southeast Asia Two-Wheeler Tire Market (2023-28):

MarkNtel Advisors has published a research report on the Southeast Asia Two-Wheeler Tire Market for the forecast years, 2023-28. This research is a dependable reference for assessing historical and future data, developmental trends, and prevailing industry catalysts. Recognizing the growing demand for market research across various sectors, a comprehensive study has been formulated addressing diverse topics. Through qualitative and quantitative data, this report effectively covers key alterations, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges.

Southeast Asia Two-Wheeler Tire Market Overview:

According to the latest report from MarkNtel Advisors, 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. This comprehensive analysis contains key insights into market trends, size, projections, growth catalysts, challenges, and competitor assessments.

The report offers an in-depth evaluation of the Southeast Asia Two-Wheeler Tire Market, presenting the latest developments and providing an overview of the current market scenario. With markets gradually recovering from the impact of the pandemic, there is a notable stabilization or even an increase in disposable income in developing nations, driving the market’s momentum.

Southeast Asia Two-Wheeler Tire Market Challenge:

Shortage of Semiconductors Limit the Two-Wheeler Production: The automobile industry has been experiencing a shortage of semiconductors. Restrictions caused due to the Covid-19 lockdown disrupted the supply chain and resulted in a lack of semiconductors across Southeast Asia. As economic activities resumed in 2022, the demand for semiconductors surged exponentially, especially from the automobile sector. However, microchip companies could not meet this heightened demand, which resulted in a shortage of semiconductors and, consequently, a massive decline in two-wheeler production across the region. According to the Federation of Thai Industries, motorcycle production in Thailand fell by nearly 1.26% year-on-year to 1.24 million in the first half of 2022. As a result, the demand for two-wheeler tires by OEMs also declined and hindered the overall market expansion.

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Southeast Asia Two-Wheeler Tire Market Segmentation Analysis:

This thorough analysis of the Southeast Asia Two-Wheeler Tire Market facilitates the identification of significant market factors. The report delves into key market segments and the regional analysis outlined within this research, which will significantly aid industry players in refining their consumer targeting, strategic positioning, and overall business expansion efforts. The Market exhibits a high degree of fragmentation, categorizing into distinct segments as follows:

By Vehicle Type

-Scooter and Moped

-Upto 100CC, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-101 cc to 125 cc, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-126 cc to 150 cc, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-Above 150 cc, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

Motorcycle

-Upto 100CC, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-101 cc to 125 cc, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-126 cc to 150 cc, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-Above 150 cc, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

By Rim Size

-10” to 14”, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-14.1” to 16”, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-Above 16.1”, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

By Tire Type

-Radial, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-Bias, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

By Price Category

-Budget, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-Economy, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-Premium, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

By Sales Channel

-Online, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-Direct Sales, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-Multi Brand Stores, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-Exclusive Outlets, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

By Demand Type

-OEM, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

-Replacement, Market Size & Forecast 2018-2028F, Unit Sold (Thousand)

By Country

-Malaysia

-Indonesia

-Singapore

-Cambodia

-Vietnam

-Thailand

-Philippines

-Others.

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Analysis of Southeast Asia Two-Wheeler Tire Market Share:

The competitive landscape of the Southeast Asia Two-Wheeler Tire Market is dissected through a thorough competitor analysis. This includes detailed insights into each company’s profile, financial performance, market share, potential, Research and Development (R&D) investments, recent market initiatives, reach, strengths and weaknesses, as well as product/service launches and dominance. The information outlined above offers a comprehensive overview of the prominent market players, including,

MRF Tyres, Bridgestone Tyres, Continental Tires, CEAT Tyres, Apollo Tyres, TVS Eurogrip, Deerubber Company Ltd. [Deestone], Pirelli Tires, JK Tyre, Michelin, Maxxis Tyres, Corsa Motorcycle Tire, Others.

Frequently Asked Questions (FAQs)

• What key forces are steering the dynamics of the Southeast Asia Two-Wheeler Tire Market?
• What potential opportunities and obstacles can be identified on the horizon?
• How might regulatory changes impact the Southeast Asia Two-Wheeler Tire industry’s trajectory?
• What are the anticipated technological advancements shaping the future of the Southeast Asia Two-Wheeler Tire Market?
• Who are the key players profiled in the Southeast Asia Two-Wheeler Tire Market research report?
• What is the estimated valuations in USD, and CAGR for the forecast years?

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