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

The most recent report by MarkNtel Advisors, titled “Southeast Asia Two-Wheeler Tire Market By Vehicle Type (Scooters & Mopeds [Up to 100cc, 101 cc to 125 cc, 126 cc to 150 cc, Above 150 cc], Motorcycles [Up to 100cc, 101 cc to 125 cc, 126 cc to 150 cc, Above 150 cc]), ByTire Type (Radial, Bias), By Demand Type (OEM, Replacement), By Rim Size (10” to 14”, 14.1” to 16”, Above 16.1”), By Price Category (Budget, Economy, Premium),. 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. ” offers a comprehensive industry assessment and market outlook. This research presents an extensive overview of the present market conditions, encompassing market trends and the latest developments. The report delves deeply into aspects such as market size, market share, industry trends, forecasts, and the competitive landscape, providing a clear and well-supported depiction of the market through relevant statistical data.

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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.

What do you get in this report?

• Forecasts for the Southeast Asia Two-Wheeler Tire Market, encompassing both well-established and emerging markets.
• An exploration of various market perspectives using Porter’s Five Forces analysis.
• Insights into the market sectors poised to dominate on a scale.
• Projections for regions expected to experience the most rapid growth during the forecast period.
• Examination of the latest developments, market shares, and marketing strategies employed by top competitors in the Southeast Asia Two-Wheeler Tire industry.
• Factors influencing the overall market’s growth trajectory.
• Potential barriers to the market’s expansion in the coming years.
• An in-depth look at the competitive landscape and intricate insights into the potential business opportunities for key market players.
• Pricing strategies adopted by various participants within the Southeast Asia Two-Wheeler Tire Market.

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Stay ahead of the market competition:

The report integrates factual data, numerical figures, and market insights to generate revenue assessments and market projections. This is accomplished through a diverse array of statistical tools and the expertise of industry professionals. Each prominent player undergoes a comprehensive examination, which includes a SWOT analysis, a detailed profile, and a complementary Porter’s Five Forces analysis.

To seize emerging opportunities, key market participants have consistently been revaluating and adjusting their strategies and operational methods. Our analysis extends beyond major corporations to encompass regional small and medium-sized enterprises that hold significant roles and possess substantial growth potential. This approach allows us to accurately portray the level of competition within the industry.

This section provides detailed information about the key market participants: –             

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.

In-depth analysis of Southeast Asia Two-Wheeler Tire Market Segmentation:

Our thorough analysis of market segmentation provides accurate and insightful data to assist our readers in making informed and strategic investment decisions. The research encompasses market forecasts at the global, regional, and national levels. It examines market trends within each market category for the years 2023 through 2028.

The Southeast Asia Two-Wheeler Tire Market is highly fragmented and categorized into the following segments:

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.

Key Questions:

• What are the particular strategies and constraints impacting market demand?
• How will patterns, challenges, and trends influence the expansion and extent of the market?
• Which market factors will contribute to the formulation of client and corporate strategies?
• What factors, such as rising demand and ongoing market developments, are exerting an influence?
• What level of growth potential or capacity does the market possess in the near future?
• Which region is likely to command the largest market share in the upcoming period?
• Among the market segments discussed, which ones might be exploring opportunities for further expansion?

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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