Southeast Asia Two-Wheeler Tire Market: Valued at USD 3.11 Billion in 2023, Expected to Grow at 6.36% CAGR Till 2028 | MRF Tyres, Bridgestone Tyres, Continental Tires, CEAT Tyres, Apollo Tyres, and TVS Eurogrip

Southeast Asia Two-Wheeler Tire Market Size & Growth Analysis and Outlook 2023-2028

According to the Southeast Asia Two-Wheeler Tire Market size, share, trends and growth analysis report, the market size valued at USD3.11 billion in 2023 and is estimated to grow at a CAGR of around 6.36% during the forecast period, i.e., 2023-28. The report incorporates detailed information on the major factors influencing the Southeast Asia Two-Wheeler Tire Market dynamics across different segments & geographies, along with the competitive analysis, recent developments, and key strategies adopted by top industry participants.

Our analysts are dedicated to delivering accurate & reliable data derived from strong research methodologies. Like all our reports, the Southeast Asia Two-Wheeler Tire market study has undergone thorough quality checks, and the insights presented are based on both primary & secondary research sources, ensuring the credibility of the numbers & facts provided.

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Diving into the Depths: Unveiling Comprehensive Insights on the Southeast Asia Two-Wheeler Tire Market Competitors

This section comprises the competitive profiling & benchmarking of major Southeast Asia Two-Wheeler Tire Market players, along with their market shares, financials, recent developments, revenue generation strategies, collaborations/partnerships, significant mergers & acquisitions in recent years, as well as emerging companies & their funding.

Southeast Asia Two-Wheeler Tire Market Competitor Included in Research Report:

• MRF Tyres
• Bridgestone Tyres
• Continental Tires
• CEAT Tyres
• Apollo Tyres
• TVS Eurogrip
• Pirelli Tires
• JK Tyre
• Michelin Tyre
• Maxxis Tyres
• Multistrada Arah Sarana Tbk (Corsa Motorcycle Tire)
• Vee Rubber Co. Ltd.
• Deerubber Company Ltd. (Deestone)
• Inoue Rubber Co. Ltd. (IRC Tires)
• Suryaraya Rubberindo Industries (FDR Tires)
• ND Rubber Public Co. Ltd. 
• Others

Southeast Asia Two-Wheeler Tire Market Development/Investment by Industry Player:

• Gogoroand Cycle & Carriage Singapore (C&C) partnered with food delivery service Food Panda for a battery-swapping scooter pilot and test the use of e-scooters for commercial purposes in the country.

Growth Opportunity in Southeast Asia Two-Wheeler Tire Market:

Favorable Government Policies for Electric Vehicle Production & Adoption: Vietnam, Indonesia, etc., are among the most polluted countries in the world, and the individuals living in these countries experience poor-quality air. According to the World Bank, in 2022, South Asia was home to around 9 of 10 cities in the world with the worst air pollution, which caused an estimated 2 million premature deaths across the region and substantial economic costs.

Therefore, to improve the quality of the air & lower emissions, the government of the countries such as Indonesia, Thailand, etc., have been encouraging the adoption of electric vehicles rather than conventional fuel-based automobiles. This push has further attracted the two-wheeler manufacturers to establish new manufacturing units in the region which would be crucial for the upsurge in the need for OEM electric two-wheeler tires. For instance,

• In 2023, Verywords Co. Ltd. announced the establishment of its electric motorbike plant in the Kandal Province of Cambodia. According to the company, this would help it to cater to the domestic as well as the export demand in the coming years for electric vehicles.

Hence, the higher adoption of electric two-wheelers and the establishment of a two-wheeler manufacturing ecosystem would offer robust growth opportunities for the Southeast Asia Two-Wheeler Tire Market during 2023-28.

Complete Southeast Asia Two-Wheeler Tire Market Share, Size Analysis Report, Visit - https://www.marknteladvisors.com/research-library/south-east-asia-two-wheeler-tire-market.html

Segmentation Analysis of the Southeast Asia Two-Wheeler Tire Industry: Principal Revenue Generators

The study further intends to provide stakeholders with in-depth insights into the Southeast Asia Two-Wheeler Tire market high-growth segments and enable them to create strategies to maintain a competitive edge in the industry. By integrating technical & regulatory trends, a thorough examination of the downstream & upstream value chain, as well as Porter's five forces analysis, we have diligently predicted the industry's growth trajectory across different segments/sub-segments and geographically, providing stakeholders with crucial pointers to make informed decisions and leverage new opportunities.

By Vehicle Type

• Scooter and Moped
• Upto 100CC
• 101 cc to 125 cc
• 126 cc to 150 cc
• Above 150 cc
• Motorcycle
• Upto 100CC
• 101 cc to 125 cc
• 126 cc to 150 cc
• Above 150 cc

By Rim Size

• 10” to 14”
• 1” to 16”
• Above 16.1”

By Tire Type

• Radial
• Bias

By Price Category

• Budget
• Economy
• Premium

By Sales Channel

• Online
• Direct Sales
• Multi Brand Stores
• Exclusive Outlets

By Demand Type

• OEM
• Replacement

Geographically, the Southeast Asia Two-Wheeler Tire Market extends across:

• Malaysia
• Indonesia
• Singapore
• Cambodia
• Vietnam
• Thailand
• Philippines
• Others

 “Note: If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.”

Why Should You Buy the Southeast Asia Two-Wheeler Tire Market Report?

• The report will help stakeholders in developing business strategies by understanding the key trends shaping and driving the Southeast Asia Two-Wheeler Tire Market.
• To understand the future competition in the Southeast Asia Two-Wheeler Tire Market and insightful review of the key drivers & challenges.
• To organize sales & marketing efforts by identifying the best opportunities for the Southeast Asia Two-Wheeler Tire Market in different countries.
• To identify strong upcoming Southeast Asia Two-Wheeler Tire Market players. 

Key Questions Addressed in the Southeast Asia Two-Wheeler Tire Market Analysis Report:

• What was the Southeast Asia Two-Wheeler Tire Market size in the historical period, i.e., 2018-21?
• At what CAGR the Southeast Asia Two-Wheeler Tire Market is expected to grow during the forecast period, i.e., 2023-28?
• What are the key findings pertaining to the Southeast Asia Two-Wheeler Tire Market trends report?
• Which country is likely to dominate the Southeast Asia Two-Wheeler Tire Market with the largest share during 2023-2028?
• How are the latest trends, challenges, and opportunities affecting the Southeast Asia Two-Wheeler Tire Market growth dynamics?

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