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Indonesia Two-Wheeler Tire Market Analysis and Insights:
The Indonesia Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 6.65% during the forecast period, i.e., 2024-30.
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Indonesia Two-Wheeler Tire Market Dynamics
Indonesia Two-Wheeler Tire Market Trend: Increasing Inclination of the Consumers Towards Sustainable Tires
In recent years, tire manufacturing companies such as Bridgestone, Continental, Nexen Tires, etc., have set sustainability goals to reduce their carbon footprint in the upcoming years. As a result, these organizations have been opting for sustainable manufacturing processes & producing sustainable tires. These tire manufacturers are increasingly focusing on the sustainable tire manufacturing process, which emphasizes reducing carbon emissions throughout the production process. In addition, manufacturing companies like Nexen Tires, Linglong Tires, etc., have also launched their sustainable tires as a step toward their sustainability goals.
These sustainable two-wheeler tires tend to improve energy efficiency & reduce fuel consumption owing to their unique design that provides lower rolling resistance. Hence, as these tires help save fuel & lower operating costs, consumers are gradually shifting toward these tires & would continue to incline toward them in the forecast years, further elevating the Indonesia Two-Wheeler Tire Market size.
Indonesia Two-Wheeler Tire Market Report Segmentation:
The report has segmented the market into the following categories:
Divided in to By Vehicle Type
-Scooter & Moped
–Internal Combustion Engine (ICE)
—Up to 100 cc
—101 cc to 125 cc
—126 cc to 150 cc
—Above 150 cc
–Electric
-Motorcycle
–Internal Combustion Engine (ICE)
—Up to 100 cc
—101 cc to 125 cc
—126 cc to 150 cc
—Above 150 cc
–Electric
Divided in to By Tire Size
-Tire Size 1
-Tire Size 2
-Tire Size 3
-Tire Size 4
-Tire Size 5
Divided in to By Tire Type
-Radial
-Bias
Divided in to By Sales Channel
-Online
-Direct Sales
-Multi Brand Stores
-Exclusive Outlets
Divided in to By Demand Type
-OEM
-Replacement
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Market Divided by Region/Country:
By Region
-Java
-Sumatra
-Kalimantan (Borneo)
-Bali
-Rest of Indonesia
Who are the top Companies in the Indonesia Two-Wheeler Tire Market?
Bridgestone Tire Indonesia, Continental Tires, Vee Rubber Co. Ltd, Kenda Tyres, PT Michelin Indonesia, Pirelli Tyre S.p.A, PT. Maxxis International Indonesia, FDR Tire, PT Sumi Rubber Indonesia, IRC Tire Indonesia and Others
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