South East Asia Two-Wheeler Tire Market Analysis, 2021

South East Asia Two-Wheeler Tire Market Analysis, 2021

By Vehicle Type (Scooter and Moped, Motorbike), By Installation (OEM, Replacement), By Type of Tire (Bias, Radial), By Rim Size (10” to 16”, Above 15”, Above 16”), By Price Category (Low, Medi Read more

  • Tire
  • Apr 2021
  • 123
  • TR10244

South East Asia Two-Wheeler Tire Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of South East Asia Two-Wheeler Tire market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

Impact of COVID-19 on Two-Wheeler Tire

On account of the perilous COVID-19 has bolstered the demand for two-wheeler in the countries of South East Asia on account two-wheeler being the safest way to prevent getting infected from the virus and easiest way to commute from one place to another. Hence, this has further stimulated the growth of two-wheeler tire market in the forthcoming period.

Market Opportunities

According to MarkNtel Advisors’ research report “South East Asia Two-Wheeler Tire Market Analysis, 2021”, the South East Asia Two-Wheeler Tire market is anticipated to grow at a considerable CAGR of 5% during 2021-26. On account of launch of various food-chain and growing penetration e-commerce platform in South East Asian countries the two-wheeler vehicle industry is witnessing a boom thereby contributing in the growth of two-wheeler tires also. Moreover, rising population and large middle sized income group individuals are contributing in the growth of two-wheeler tires market.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR(2021-26) 5%
Country Covered Malaysia, Indonesia, Singapore, Cambodia, Vietnam, Thailand, Philippines and Others
Key Companies Profiled MRF, Bridgestone, Goodyear, CEAT, Apollo,TVS, Dunlop, Shrichakra, JK Tire  Ralco Maxis
Unit Denominations USD Million/Billion

 

Market Segmentation

Motorbike Segment Dominated the Market

Based on Vehicle Type, motorbike segment dominated the market and is anticipated to maintain its dominance by 2026. The significant boost it in the e-commerce industry coupled with establishment of various food & beverage outlet and rising trend of ride share is projected to accentuate the demand for motorcycle in the country which would further lead to propel in the demand for motorcycle tire in the forthcoming years. Moreover, ride hailing sector is also another major growth factor. In 2019, Booking.com, launched its on-demand ride-hailing service in partnership with Grab which is the largest fleet of drivers across 8 countries in Southeast Asia. The demand for two-wheeler tires is expected to burgeon further in the coming years as revealed by the MarkNtel Advisors’ research report “South East Asia Two-Wheeler Tire Market Analysis, 2021”. 

Competitive Landscape

According to MarkNtel Advisors’, the key players with a considerable market share in the South East Asia Two-Wheeler Tire market include Yokohama Rubber Co., Bridgestone, Goodyear, Toyo Two-Wheeler Tires and Rubber Co. Ltd., Continental, Pirelli, Kumho, Apollo, Dunlop, etc.

South East Asia Two-Wheeler Tire Market Analysis, 2021

Key Questions Answered in the Market Research Report:

  1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of South East Asia Two-Wheeler Tire Market?
  2. What is the country wise industry size, growth drivers and challenges key market trends?
  3. What are the key innovations, technology upgrades, opportunities, regulations in the South East Asia Two-Wheeler Tire Market?  
  4. Who are the key competitors or market players and how they perform in South East Asia Two-Wheeler Tire Market on the basis of competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the course of South East Asia Two-Wheeler Tire Market study?   

 Market Outlook, Segmentation and Statistics:

  • Impact of Covid-19 on Two-Wheeler Tire Market in South East Asia Countries
  • Market Size & Analysis
    • Revenues in (USD Billion)
    • Units Sold in Million
  • Market Share & Analysis
    • By Vehicle Type
      • Scooter and Moped
        • By Engine Power
          • Upto 100CC
          • 101 cc to 125 cc
          • 126 cc to 150 cc
          • Above 150 cc
        • Motorbike
          • Upto 100CC
          • 101 cc to 125 cc
          • 126 cc to 150 cc
          • Above 150 cc
    • By Installation
      • OEM
        • By Rim Size
          • 10” to 16”
          • Above 16”
      • Replacement
        • By Rim Size
          • 10” to 16”
          • Above 15”
          • Above 16”
    • By Two-Wheeler Tire Type
      • Radial
      • Bias
    • By Price Category
      • Budget 
      • Economy 
      • Premium 
    • By Sales Channel
      • Online
      • Multi Brand Stores
      • Exclusive Outlets
  • By Country
    • Malaysia Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
    • Indonesia Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
    • Singapore Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
    • Cambodia Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
    • Vietnam Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
    • Thailand Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
    • Philippines Two-Wheeler Tire Market Outlook, 2016-2026F (USD Million)
  • By Company
    • Revenue Shares
    • Strategic Factorial Indexing
    • Competitor Placement in MarkNtel Quadrant
  • Competition Outlook
    • Competitor Wise Growth Strategies
    • Company Profiles

Frequently Asked Questions 

Q. What is the historical year, base year and forecast year considered in the research report on South East Asia Two-Wheeler Tire Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.

Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.

Q. What would be the growth rate or CAGR of South East Asia Two-Wheeler Tire Market during 2021-26?
A. The growth rate of South East Asia Two-Wheeler Tire Market during 2021-26 is forecast to grow at a considerable CAGR.

Q. Who are the key competitors or players operating in South East Asia Two-Wheeler Tire Market? 

A. MRF, Bridgestone, Goodyear, CEAT, Apollo, TVS, Dunlop, TVS, Sumitomo Two-Wheeler Tire, Hangzhou Zhongce Rubber are few of the leading players in the South East Asia Two-Wheeler Tire Market.

Q. Which type of Two-Wheeler Tire segment would emerge as an opportunity area for players in South East Asia Two-Wheeler Tire Market?
A. Bias segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.

Q. Which country would emerge as an opportunity area for players in South East Asia Two-Wheeler Tire Market?
A. Malaysia and Indonesia grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for market players of South East Asia Two-Wheeler Tire Market.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on South East Asia Tire Market
  5. Expert Verbatim-Interview Excerpts of industry experts
  6. South East Asia Tire Market Analysis, 2016-2026
    1. Market Size & Analysis
      1. Revenues in (USD Billion)
      2. Units Sold in Million
    2. Market Share & Analysis
      1. By Vehicle Type
        1. Scooter and Moped
          1. By Engine Power
            1. Upto 100CC
            2. 101 cc to 125 cc
            3. 126 cc to 150 cc
            4. Above 150 cc
          2. Motorbike
            1. Upto 100CC
            2. 101 cc to 125 cc
            3. 126 cc to 150 cc
            4. Above 150 cc
      2. By Installation
        1. OEM
          1. By Rim Size
            1. 10” to 16”
            2. Above 16”
        2. Replacement
          1. By Rim Size
            1. 10” to 16”
            2. Above 15”
            3. Above 16”
      3. By Tire Type
        1. Radial
        2. Bias
      4. By Price Category
        1. Budget 
        2. Economy 
        3. Premium 
      5. By Sales Channel
        1. Online
        2. Multi Brand Stores
        3. Exclusive Outlets
      6. By Country
        1. Malaysia
        2. Indonesia
        3. Singapore
        4. Cambodia
        5. Vietnam
        6. Thailand
        7. Philippines
        8. Others
      7. By Company
        1. Market Shares, By Revenue
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
    3. Market Attractiveness Index
      1. By Type of Vehicle
      2. By Demand Type
      3. By Type of Tire
      4. By Season
      5. By Rim Size
      6. By Price Category
      7. By Country
    4. By Competitors
      1. Total Units Sold
      2. Market Share
  7. Malaysia Tire Market Analysis, 2021
    1. Market Size & Analysis
      1. Units Sold in Million
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Vehicle Type
      2. By Installation
      3. By Tire Type
      4. By Price Category
      5. By Sales Channel
  8. Indonesia Tire Market Analysis, 2021
    1. Market Size & Analysis
      1. Units Sold in Million
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Vehicle Type
      2. By Installation
      3. By Tire Type
      4. By Price Category
      5. By Sales Channel
  9. Singapore Tire Market Analysis, 2021
    1. Market Size & Analysis
      1. Units Sold in Million
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Vehicle Type
      2. By Installation
      3. By Tire Type
      4. By Price Category
      5. By Sales Channel
  10. Cambodia Tire Market Analysis, 2021
    1. Market Size & Analysis
      1. Units Sold in Million
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Vehicle Type
      2. By Installation
      3. By Tire Type
      4. By Price Category
      5. By Sales Channel
  11. Vietnam Tire Market Analysis, 2021
    1. Market Size & Analysis
      1. Units Sold in Million
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Vehicle Type
      2. By Installation
      3. By Tire Type
      4. By Price Category
      5. By Sales Channel
  12. Thailand Tire Market Analysis, 2021
    1. Market Size & Analysis
      1. Units Sold in Million
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Vehicle Type
      2. By Installation
      3. By Tire Type
      4. By Price Category
      5. By Sales Channel
  13. Philippines Tire Market Analysis, 2021
    1. Market Size & Analysis
      1. Units Sold in Million
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Vehicle Type
      2. By Installation
      3. By Tire Type
      4. By Price Category
      5. By Sales Channel
  14. South East Asia Tire Market Value Chain Analysis
    1. Key Stakeholders in Value Chain
    2. Margin at Various Levels
  15. South East Asia Tire Market Regulations, Policies, Regulation, Product Benchmarks
  16. South East Asia Tire Market Trends & Insights
  17. South East Asia Tire Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  18. South East Asia Tire Market Hotspot & Opportunities
  19.  South East Asia Tire Market Key Strategic Imperatives for Success & Growth
  20. South East Asia Tire Market Import & Export Statistics
  21. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Research & Development
      4. Strategic Alliances
      5. Strategic Initiatives
    2. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. MRF
      2. Bridgestone
      3. Goodyear
      4. CEAT
      5. Apollo
      6. TVS
      7. Dunlop
      8. Shrichakra
      9. JK Tire
      10. Ralco
      11. Maxis
  22. Disclaimer
South East Asia Two-Wheeler Tire Market Segmentation