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

Singapore Two-Wheeler Tire Market Report - By Vehicle Type (Scooter & Moped, Motorcycle), By Demand Type (OEMs, Replacement), By Tire Type (Radial, Bias), By Price Category (Budget...... (Up to USD 11 Per Unit), Economy (USD 12 to 30 Per unit), Premium (Above USD 30 Per Unit)), By Sales Channel (Online, Multi-brand Stores, Exclusive Stores), By Tire Size, (100/90-14, 180/55-17, 120/70-17, 2.75-18, Others (80/90-16, 190/55-17, etc.)), Others Read more

Tire
Apr 2024
Pages 116
Report Format: PDF, Excel, PPT

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

The Singapore Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 2.1% during the forecast period, i.e., 2024-30. With traditional mass transit options like buses and trains becoming overcrowded and posing a significant risk of infection during the pandemic, there has been a surge in the sales of two-wheelers. This is because individuals are increasingly turning to these services to uphold social distancing measures. Consequently, the heightened sales of two-wheelers have fueled the demand for two-wheeler tires in Singapore.

Report Coverage	Details
Study Period	Historical Data: 2019-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR (2024-2030)	2.1%
Region Covered	North, Central, South,
Key Companies Profiled	Bridgestone Corporation, Goodyear Tire and Rubber Company, Michelin, Continental AG, Yokohama TWS (Mitas), Pirelli Tyre S.p.A, Metzeler, Shinko Tyres, Kenda Tyres, and Others
Unit Denominations	USD Million/Billion

Furthermore, Singapore boasts one of the world's most robust economies, attributed to its affluent population, lavish lifestyle, ample disposable income, and extensive internet penetration. Renowned for its top-ranking internet speed globally, Singapore has experienced a surge in new internet users since the onset of the pandemic. According to the World Bank, the share of the population using the Internet in Singapore has reached around 96% in 2023 from about 92% in 2020. This increased penetration of the internet has propelled the E-commerce logistics businesses in Singapore.

With the rise of e-commerce, there has been a growing deployment of two-wheelers for efficient last-mile delivery solutions to transport goods from distribution centers to customers' doorsteps. The extensive use of two-wheelers in the e-commerce sector has increased the frequency of replacement of tires due to the higher mileage accumulated by these vehicles.

Additionally, with the rising tourism activities in Singapore, the demand for efficient mobility services is growing continuously among both residents & tourists. Thus, to cater to this, mobility & logistics providers such as GetGo, Ion Mobility, and others, are expanding in the country by adding fuel-efficient electric two-wheelers to their fleets. Therefore, the increasing expansion of e-mobility providers & production activities is citing enormous revenue growth opportunities for the Two-Wheeler Tire Market in Singapore during 2024-30.

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Singapore Two-Wheeler
Tire Import-Export Analysis, 2019-2023
Singapore Two-Wheeler Tire Market Supply Chain Analysis
Singapore Two-Wheeler Tire Market Trends & Developments
Singapore Two-Wheeler Tire Market Dynamics
1. Drivers
2. Challenges
Singapore Two-Wheeler Tire Market Hotspot & Opportunities
Singapore Two-Wheeler Tire Market Regulations and Policy
Singapore Two-Wheeler Tire Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Size & Analysis
  1. By Vehicle Type
    1. Scooter & Moped- Market Size & Forecast 2019-2030, Thousand Units
    2. Motorcycle- Market Size & Forecast 2019-2030, Thousand Units
  2. By Demand Type
    1. OEMs- Market Size & Forecast 2019-2030, Thousand Units
    2. Replacement- Market Size & Forecast 2019-2030, Thousand Units
  3. By Tire Type
    1. Radial- Market Size & Forecast 2019-2030, Thousand Units
    2. Bias- Market Size & Forecast 2019-2030, Thousand Units
  4. By Price Category
    1. Budget (Up to USD 11 Per Unit)- Market Size & Forecast 2019-2030, Thousand Units
    2. Economy (USD 12 to 30 Per unit)- Market Size & Forecast 2019-2030, Thousand Units
    3. Premium (Above USD 30 Per Unit)-Market Size & Forecast 2019-2030, Thousand Units
  5. By Sales Channel
    1. Online- Market Size & Forecast 2019-2030, Thousand Units
    2. Multi-brand Stores - Market Size & Forecast 2019-2030, Thousand Units
    3. Exclusive Stores - Market Size & Forecast 2019-2030, Thousand Units
  6. By Tire Size
    1. 100/90-14- Market Size & Forecast 2019-2030, Thousand Units
    2. 180/55-17- Market Size & Forecast 2019-2030, Thousand Units
    3. 120/70-17- Market Size & Forecast 2019-2030, Thousand Units
    4. 2.75-18 - Market Size & Forecast 2019-2030, Thousand Units
    5. Others (80/90-16, 190/55-17, etc.) - Market Size & Forecast 2019-2030, Thousand Units
  7. By Region
    1. North
    2. Central
    3. South
  8. By Company
    1. Competition Characteristics
    2. Market Share & Analysis
Singapore Scooter & Moped Tire Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share & Analysis
  1. By Vehicle Type
    1. ICE
      1. Up to 100cc- Market Size & Forecast 2019-2030, Thousand Units
      2. 101cc to 125cc- Market Size & Forecast 2019-2030, Thousand Units
      3. 126cc to 150cc- Market Size & Forecast 2019-2030, Thousand Units
      4. Above 150cc- Market Size & Forecast 2019-2030, Thousand Units
    2. Electric- Market Size & Forecast 2019-2030, Thousand Units
  2. By Demand Type- Market Size & Forecast 2019-2030, Thousand Units
  3. By Tire Type- Market Size & Forecast 2019-2030, Thousand Units
  4. By Price Category- Market Size & Forecast 2019-2030, Thousand Units
  5. By Sales Channel- Market Size & Forecast 2019-2030, Thousand Units
  6. By Tire Size- Market Size & Forecast 2019-2030, Thousand Units
Singapore Motorcycle Tire Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousands)
2. Market Share & Analysis
  1. By Vehicle Type
    1. ICE
      1. Up to 100cc- Market Size & Forecast 2019-2030, Thousand Units
      2. 101cc to 125cc- Market Size & Forecast 2019-2030, Thousand Units
      3. 126cc to 150cc- Market Size & Forecast 2019-2030, Thousand Units
      4. Above 150cc- Market Size & Forecast 2019-2030, Thousand Units
    2. Electric- Market Size & Forecast 2019-2030, Thousand Units
  2. By Demand Type- Market Size & Forecast 2019-2030, Thousand Units
  3. By Tire Type- Market Size & Forecast 2019-2030, Thousand Units
  4. By Price Category- Market Size & Forecast 2019-2030, Thousand Units
  5. By Sales Channel- Market Size & Forecast 2019-2030, Thousand Units
  6. By Tire Size- Market Size & Forecast 2019-2030, Thousand Units
Singapore Two-Wheeler Tire Industry Key Strategic Imperatives for Growth & Success
Competition Outlook
1. Company Profiles
  1. Bridgestone Corporation
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Goodyear Tire and Rubber Company
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Michelin
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Continental AG
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Yokohama TWS (Mitas)
    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. Metzeler
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Shinko Tyres
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Kenda Tires
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. Others
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.

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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