Indonesia Two-Wheeler Tire Market Research Report: Forecast (2024-2030)

Indonesia Two-Wheeler Tire Market- By Vehicle Type (Scooter & Moped [Internal Combustion Engine, Electric], Motorcycle [Internal Combustion Engine, Electric]), By Tire Size (Tire Size 1, Tire Size 2,... ... ize 1, Tire Size 2, Tire Size 3, Tire Size 4, Tire Size 5), By Tire Type (Radial, Bias), By Sales Channel (Online, Direct Sales, Multi Brand Stores, Exclusive Outlets), By Demand Type (OEM, Replacement), and others Read more

  • Tire
  • Jan 2024
  • 130
  • PDF, Excel, PPT

Market Insights & Analysis: Indonesia Two-Wheeler Tire Market (2024-30):

The Indonesia Two-Wheeler Tire Market size was valued at around USD 43.94 billion in 2023 and is estimated to grow at a CAGR of about 6.55% during the forecast period, i.e., 2024-30. The burgeoning usage of two-wheelers by individuals in Indonesia is the key factor affecting the demand & growth graph of the market. The government of Indonesia, per year, allocates a limited budget for the upgradation of the road & transport in the country. As a result, Indonesia has a poor road infrastructure, ensuing traffic congestion issues in major urban cities like Jakarta, Semarang, etc.

According to the survey by TomTom Traffic Index, in 2022, Indonesia witnessed approximately 57% congestion level, greater than 37% recorded in 2021. This traffic congestion problem has compelled individuals, especially the working population, to seek a transportation mode that minimizes travel time. Therefore, the sales of two-wheelers witnessed an upward surge during the historical years, leading to the growth in the demand for tires in Indonesia.

Report Coverage Details
Study Period Historical Data: 2019-22
Base Year: 2023
Forecast Period: 2024-30
CAGR (2024-2030) 6.55%
Region Covered Java, Sumatra, Kalimantan (Borneo), Bali, Rest of Indonesia
Key Companies Profiled PT. Bridgestone Tire Indonesia, Continental Tires, Vee Rubber Co. Ltd, Kenda Tyres, PT Michelin Indonesia, Pirelli Tyre S.p.A, PT. Maxxis International Indonesia, FDR Tire, PT Sumi Rubber Indonesia, IRC Tire Indonesia and others
Market Value (2023) USD 43.94 Billion

 

In addition, Indonesia comprises a majorly middle-income and low-income population since the country mainly operates in the informal sector, including unregistered & self-employed individuals. According to the East Asia Forum, in 2023, more than 60% of the total population in Indonesia falls into middle-class & low-income individuals with an expenditure capacity of USD 3.30-USD 38. As a result, individuals seek two-wheelers as an affordable transport solution rather than passenger cars, driving the sales of two-wheelers in Indonesia during 2019-2024.

In addition, the surging use of fuel-based vehicles in the country is leading to alarming carbon emissions & poor air quality. According to the International Energy Agency (IEA), in 2021, the carbon emissions from the transport sector in Indonesia were equivalent to approximately 135 metric tons. As a result, the government of Indonesia announced to have over 2 million electric motorcycles by 2030. Thus, in light of their vision, the government is gradually inclining towards sustainable means of transportation comprising electric motorcycles & scooters and consistently encouraging the adoption of electric two-wheelers. Further, the government of Indonesia is also providing subsidies to set up electric two-wheeler manufacturing units in the country. For instance:

  • In 2023, the government of Indonesia allocated around USD 455 million to encourage the production of more than 800,000 new electric two-wheelers and convert over 200,000 petrol-powered scooters into electric ones.

This rising inclination of the government of Indonesia to boost the domestic production of electric two-wheelers would pose an opportunity for domestic two-wheeler tire manufacturers to supply their two-wheeler tires with these units, consequently enhancing the Indonesia Two-Wheeler Tire Market share in the forthcoming years.

  1. Market Segmentation
  2. Introduction
    1. Research Process
    2. Assumptions
    3. Market Definition
  3. Executive Summary
  4. Indonesia Two-wheeler Tire Market Import & Export Statistics, 2019-2023
  5. Indonesia Two-wheeler Production Outlook
    1. Overall Production Statistics, 2019-2023
    2. Leading Company’s Manufacturing Capabilities (Best Effort Basis)
  6. Indonesia Two-wheeler Market Outlook, 2023
    1. Market Size & Analysis
      1. By Units Sold (Thousand)
    2. By Company
      1. Competition Characteristics
      2. Market Share
  7. Indonesia Two-wheeler Tire Market Analysis, 2019-2030
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Unit Sold (Thousand)
    2. Market Share & Analysis
      1. By Vehicle Type
        1. Scooter & Moped- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
          1. Internal Combustion Engine (ICE)- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
            1. Up to 100 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
            2. 101 cc to 125 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
            3. 126 cc to 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
            4. Above 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
          2. Electric- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
        2. Motorcycle- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
          1. Internal Combustion Engine (ICE)- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
            1. Up to 100 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
            2. 101 cc to 125 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
            3. 126 cc to 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
            4. Above 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
          2. Electric- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
      2. By Tire Size
        1. Tire Size 1- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
        2. Tire Size 2- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
        3. Tire Size 3- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
        4. Tire Size 4- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
        5. Tire Size 5- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
      3. By Tire Type
        1. Radial- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
        2. Bias- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
      4. By Sales Channel
        1. Online- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
        2. Direct Sales- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
        3. Multi Brand Stores- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
        4. Exclusive Outlets- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
      5. By Demand Type
        1. OEM- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
        2. Replacement- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
      6. By Region
        1. Java
        2. Sumatra
        3. Kalimantan (Borneo)
        4. Bali
        5. Rest of Indonesia
      7. By Company
        1. Competition Characteristics
        2. Market Share & Analysis
  8. Indonesia Scooter & Moped Tire Market Analysis, 2019-2030
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Unit Sold (Thousand)
    2. Market Share & Analysis
      1. By Tire Size- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
      2. By Tire Type- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
      3. By Sales Channel- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
      4. By Demand Type- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
  9. Indonesia Motorcycle Tire Market Analysis, 2019-2030
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Unit Sold (Thousand)
    2. Market Share & Analysis
      1. By Tire Size- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
      2. By Tire Type- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
      3. By Sales Channel- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
      4. By Demand Type- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
  10. Competition Outlook
    1. Company Profiles
      1. PT. Bridgestone Tire Indonesia
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Continental Tires
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Vee Rubber Co. Ltd.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Kenda Tyres
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. PT Michelin Indonesia
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Pirelli Tyre S.p.A.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. PT Maxxis International Indonesia
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. FDR Tire
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. PT Sumi Rubber Indonesia
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. IRC Tire Indonesia
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Others
  11. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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