The Asia-Pacific Two-Wheeler Tire Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of Asia-Pacific Two-Wheeler Tire market 2030?
The Asia-Pacific Two-Wheeler Tire Market size was valued at around USD 10.16 billion in 2022 and is estimated to grow at a CAGR of around 7.39% during the forecast period, i.e., 2024-30.
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Who are the top companies operating in the Asia-Pacific Two-Wheeler Tire market?
The report features prominent companies operating in the Asia-Pacific Two-Wheeler Tire market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in Asia-Pacific Two-Wheeler Tire market: MRF Tyres, Bridgestone Tyres, Continental Tires, CEAT Tyres, Apollo Tyres, TVS Eurogrip, Pirelli Tires, JK Tyre, Compagnie Générale des Établissements Michelin SCA, Maxxis Tyres, Camel Industries Ltd., Inoue Rubber Co. Ltd. (IRC Tires), Heindenau Tyres, and others.
What is the key factor projected to fuel growth in the Asia-Pacific Two-Wheeler Tire Market between 2024 and 2030?
rowing Penetration of Two-Wheelers in Shared Mobility Services – In the Asia-Pacific region, the number of students that commute regularly has been constantly growing due to favorable government policies such as easy visa clearance & student exchange programs to attract foreign students for higher studies. For instance, in 2021, Australia welcomed nearly 572,349 international students, which reached approximately 619,371 in 2022, according to the Ministry of Education. These students have been observed to prefer to hire Two-Wheeler shared & rental services, as scooters & bikes are ideal options to avoid city congestion & save costs.
Observing this enhanced demand for Two-Wheelers among students, ride-hailing companies such as Lime, Ola, etc., have expanded across the region in the past few years. Thus, the enhanced deployment of Two-Wheelers on the roads of Asia-Pacific countries is generating demand for tire replacement.
Asia-Pacific Two-Wheeler Tire Market - Segmentation Analysis
- By Vehicle Type (Scooter and Moped, Motorcycle)
- By Tire Size (140/70-17, 80/90-14, 90/90-14, 80/90-17, Others)
- 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, Aftermarket), and Other
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How does the Asia-Pacific Two-Wheeler Tire Market vary across different geography?
By Region
- China
- India
- Japan
- Malaysia
- Indonesia
- Singapore
- Cambodia
- Vietnam
- Thailand
- Philippines
- Australia
- New Zealand
- South Korea
- Rest of Asia-Pacific
China is witnessing a substantial growth rate in the region.
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2019-22) and forecast (2024-2030) of the following segmentation and geography.
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Comprehensive Table of Contents – Asia-Pacific Two-Wheeler Tire Market Analysis and Forecast, 2030
- Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: Asia-Pacific Two-Wheeler Tire Market Size, Share & Scope, 2020-2030F
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2020-2030F
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2020–2030 by Segmentation
- Table 12: Market Size & Forecast 2020–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of Asia-Pacific Two-Wheeler Tire Companies
Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
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