The latest report by MarkNtel Advisors, titled “Indonesia Two-Wheeler Tire Market” Size study report 2024-30 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. Indonesia Two-Wheeler Tire Market Share, Size, and Industry Analysis. By Vehicle Type (Scooter & Moped [Internal Combustion Engine, Electric], Motorcycle [Internal Combustion Engine, Electric]), By Tire Size (Tire Size 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. 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.
Key Highlights of the Market Report:
- Detailed overview of the market share
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Indonesia Two-Wheeler Tire Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
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Indonesia Two-Wheeler Tire Market Driver:
Extensive Usage of the Two-wheelers by Ride-hailing Companies to Thrive Market Growth – Over the past few years, Indonesia has emerged as a tourist destination due to the presence of various leisure, entertainment & attraction spots like Ubud Monkey Forest, Elephant Safari Park, Blanco Renaissance Museum, etc. The rising tourism in the country is driving the demand for ride-hailing services since tourists prefer to use ride-hailing services to explore the different places in the country. Ride-hailing companies such as Gojek, Grab, etc., offer two-wheeler renting services to tourists with fewer license-related formalities. As a result, foreigners tend to use ride-hailing services rather than private taxi services, driving the demand for two-wheeler ride-hailing services.
Moreover, the surging usage of the rental two-wheelers increases tire wear & tear, therefore the two-wheelers undergo frequent tire replacement, driving the Indonesia Two-Wheeler Tire Market. In addition, ride-hailing companies like Gojek, Uber Motorbikes, etc., are expanding their fleets to cater to the growing demand for rental services. Thus, the requirement for the tire for replacement purposes would increase in the future years.
Indonesia Two-Wheeler Tire Market Segmentation
By Vehicle Type
-Scooter & Moped- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
–Internal Combustion Engine (ICE)- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
—Up to 100 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
—101 cc to 125 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
—126 cc to 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
—Above 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
–Electric- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
-Motorcycle- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
–Internal Combustion Engine (ICE)- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
—Up to 100 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
—101 cc to 125 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
—126 cc to 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
—Above 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
–Electric- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
By Tire Size
-Tire Size 1- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
-Tire Size 2- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
-Tire Size 3- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
-Tire Size 4- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
-Tire Size 5- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
By Tire Type
-Radial- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
-Bias- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
By Sales Channel
-Online- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
-Direct Sales- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
-Multi Brand Stores- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
-Exclusive Outlets- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
By Demand Type
-OEM- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
-Replacement- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)
By Region
-Java
-Sumatra
-Kalimantan (Borneo)
-Bali
-Rest of Indonesia
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Major Key Players in Indonesia Two-Wheeler Tire Market research report:
PT Maxxis International Indonesia
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
FDR Tire
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
PT Sumi Rubber Indonesia
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
IRC Tire Indonesia
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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