Asia Pacific Two Wheeler Tire Market

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Asia Pacific Two-Wheeler Tire Market, By Vehicle Type (Motorcycle, Scooter/Moped); By Tire Type (Pneumatic Tire, Solid/Others (Advanced Tire)); By Tube Type (Tube Tire, Tubeless Tire); By Rim Size (Less than 10 Inches, 10–13 Inches, 14–17 Inches, 18–21 Inches, More than 21 Inches); By Sales Channel (OEM, Aftermarket), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

Published Date: January 2023
Report ID: BWC23077
Available Format: PDF
Page: 240

Report Overview

Growing popularity and increasing sales of electric two wheelers, rising regional production, and rapid urbanization across major APAC countries could boost the expansion of Asia-Pacific Two-Wheeler Tire Market during the forecast period between 2023 and 2029.

Asia-Pacific Two-Wheeler Tire Market Trends & Forecast Report, 2029

Asia-Pacific two-wheeler tire market size was estimated at USD 8.2 billion in 2022. During the forecast period between 2023 and 2029, Asia-Pacific two-wheeler tire market size is expected to grow at a CAGR of 3.72% reaching a value of USD 10.4 billion by 2029. The major factors driving the Asia-Pacific two-wheeler tire expansion are the region's growing urban population and the increasing demand for two-wheelers and their tires. To avoid heavy traffic in the rapidly expanding urban areas of the region, most people are opting for two-wheelers, which is significantly contributing to the overall growth of two-wheeler tire market. A large proportion of the working population prefers to commute on scooters, primarily to avoid the growing traffic. The growing popularity of two-wheelers has a positive impact on the Asia Pacific two-wheeler tire market. As a result, overall market growth is expected to be robust during the coming years.

Asia Pacific Two-Wheeler Tire Market

Asia-Pacific Two-Wheeler Tire Market - Overview

Due to the increasing demand for two-wheelers in India, two-wheeler tire market in the country is growing rapidly. Tires are one of the most important components of any vehicle. As a result, regular monitoring is required to ensure a trouble-free journey every time. The tire industry in India is rapidly expanding, particularly in the northern states, owing to a lack of available parking space and worsening traffic congestion in major cities.

Growth Drivers

Growing Popularity of Electric Two-Wheelers

Electric two wheelers are gaining huge traction in the Asia-Pacific market owing to increasing fuel prices and lower operating costs compared to their petrol substitutes. The rising focus towards sustainability and shift towards greener energy alternatives and concerns surrounding air and noise pollution are significantly propelling the growth of the two wheelers in the region. Additionally, favorable government policies are also projected to offer lucrative growth opportunities to the electric two wheeler in APAC. For instance, The Thailand Government has announced its target of 100% zero-emission vehicles by 2035.

Restraints

Increasing Safety Concerns in the Region’s Congested Urban Areas

Rapid urbanization and growing urban population across the APAC region are resulting in heavy traffic congestion across cities. For instance, Bangkok in Thailand reportedly has the worst traffic, which is bad for the city's growth on all fronts—economic, social, and financial. Although the Road Traffic Act was implemented in 1980 in Thailand, traffic rule violations are quite frequent in the country. All parts of Thailand frequently see speeding, reckless passing, and disregard for the law. This increases the chances of road accidents, causing serious accidents, injuries, disabilities, or even death. This may prompt the shift towards four wheelers from two wheelers, negatively impacting the growth of Asia-Pacific two-wheeler tire market.

Impact of COVID-19 on the Asia-Pacific Two-Wheeler Tire Market

The COVID-19 pandemic had a significant impact on the Asia-Pacific Two-Wheeler Tire Market during the second quarter of 2020. While the extensive restrictions were necessary for health and safety, lockdowns caused a sharp decline in the demand for two wheeler tires around Asia Pacific. Asia Pacific sales were negatively impacted by the lockdown measure because manufacturers had to reduce large carryover stocks in the supply chain. The Original Equipment Manufacturers (OEMs) and the tire industry are directly related, but not all OEMs may be impacted by the virus pandemic. The recent softening of carbon black prices and the generally benign raw material prices may provide some relief for tire manufacturing companies shortly.

Asia-Pacific Two-Wheeler Tire Market

Segmental Coverage

Asia-Pacific Two-Wheeler Tire Market - By Vehicle Type

On basis of the vehicle type, Asia-Pacific two-wheeler tire market is divided into Motorcycle and Scooter/Moped segments. The scooter/moped segment holds a higher market share and is expected to maintain its dominance in the years to come. They are increasingly being used by commuters because of how simple they are to drive and how well they can carry loads. Growing number of working women choosing scooters as a convenient mode of transportation fuels their demand and has a positive effect on the market's overall growth. Another important factor that is boosting the sales of premium tires across the nation exponentially and driving the market is the rising propensity for expensive bikes, particularly among the younger generation.

Asia-Pacific Two-Wheeler Tire Market Size

Asia-Pacific Two-Wheeler Tire Market - By Tire Type

On basis of tire type, Asia-Pacific two-wheeler tire market is divided into Pneumatic Tire, and Solid/Others (Advanced Tires) segments. In terms of volume and revenue, the pneumatic tires segment is expected to hold a major market share in the Asia-Pacific two-wheeler tire market. Pneumatic tires are a popular choice among top two-wheeler manufacturers because they offer better ride comfort and traction. Compared to solid tires, pneumatic tires are better able to absorb road imperfections.

Asia-Pacific Two-Wheeler Tire Market – By Tube Type

On basis of the tube type, Asia-Pacific two-wheeler tire market is divided into Tube Tires and Tubeless Tire segments. In terms of revenue, the tubeless tire market segment accounts for a sizeable portion of the Asia-Pacific market. The majority of motorcycles are equipped with tubeless tires because they offer low resistance while driving and have a slow rate of deflation. As tube tires waste more fuel than tubeless tires, the demand for tubeless tires is expected to rise across Asia Pacific.

Asia-Pacific Two-Wheeler Tire Market – By Rim Size

On basis of the rim size, Asia-Pacific two-wheeler tire market is divided into Less than 10 Inches, 10–13 Inches, 14–17 Inches, 18–21 Inches, and More than 21 Inches segments. Two wheelers are available in a variety of sizes today, ranging from 10–13 inches to a massive 29 inches in diameter. E-bikes are in high demand in Asia Pacific. The majority of e-bikes have a 16", 20", or 26" diameter wheel. The electric cruiser bike by Tower, for example, has a 26-inch diameter wheel. The 16-Inch Electric Bike Wheel is commonly found on folding electric bikes because it is lightweight and designed to fold together so it can be easily transported. While the 26-Inch Electric Bike Wheel is more common among electric bikes. They are used as both mountain bikes and beach cruisers.

Asia-Pacific Two-Wheeler Tire Market - By Sales Channel

On basis of the sales channel, Asia-Pacific two-wheeler tire market is divided into OEM and Aftermarket segments. Major growth factors include the expanding distribution networks of two-wheeler manufacturers and market players, the OEM segment is expected to record growth at a faster rate in the coming years. These networks focus on urban areas with a smaller population, strong consumer spending power, and a two-wheeler preference among consumers.

Competitive Landscape

Asia-Pacific two-wheeler tire market is fiercely competitive. Major companies in the market include Hangzhou Zhongce Rubber, Giti Tire Pte. Ltd, Cheng Shin Rubber, MRF Limited, CEAT Limited, TVS Srichakra Limited, JK Tire & Industries Ltd., Apollo Tires Ltd, Honda, Hero, Royal Enfield, and Bajaj Auto. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Scope of the Report

Attributes	Details
Years Considered	Historical Data – 2019–2022
	Base Year – 2022
	Estimated Year – 2023
	Forecast Period – 2023–2029
Facts Covered	Revenue in USD Billion
Market Coverage	Asia Pacific
Product/ Service Segmentation	Vehicle Type, Tire Type, Tube Type, Rim Size, Sales Channel
Key Players	Hangzhou Zhongce Rubber, Giti Tire Pte. Ltd, Cheng Shin Rubber, MRF Limited, CEAT Limited, TVS Srichakra Limited, JK Tyre & Industries Ltd., Apollo Tyres Ltd, Honda, Hero, Royal Enfield, Bajaj Auto

By Vehicle Type

Motorcycle
Scooter/Moped

By Tire Type

Pneumatic Tire
Solid/Others (Advanced Tire)

By Tube Type

Tube Tire
Tubeless Tire

By Rim Size

Less than 10 Inches
10–13 Inches
14–17 Inches
18–21 Inches
More than 21 Inches

By Sales Channel

OEM
Aftermarket

Research Framework
1. Research Objective
2. Product Overview
3. Market Segmentation
Executive Summary
Asia-Pacific Two-Wheeler Tire Market Insights
1. Industry Value Chain Analysis
  1. DROC Analysis
  2. Growth Drivers
    1. Rising Demand for E-Bikes
    2. Declining prices of Rubber and Increasing Production
  3. Restraints
    1. High Cost of Two Wheeler Vehicles
  4. Opportunities
    1. Growing Consumer Trend for Online Shopping will Increase Demand for Two Wheeler Vehicle
  5. Challenges
    1. Safety Concerns
2. Technology Advancements/Recent Developments
3. Regulatory Framework
4. Porter’s Five Forces Analysis
  1. Bargaining Power of Suppliers
  2. Bargaining Power of Buyers
  3. Threat of New Entrants
  4. Threat of Substitutes
  5. Intensity of Rivalry
Asia-Pacific Two-Wheeler Tire Market Overview
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Vehicle Type
    1. Motorcycle
    2. Scooter/Moped
  2. By Tire Type
    1. Pneumatic Tire
    2. Solid/Others (Advanced Tire)
  3. By Tube Type
    1. Tube Tire
    2. Tubeless Tire
  4. By Rim Size
    1. Less than 10 Inches
    2. 10–13 Inches
    3. 14–17 Inches
    4. 18–21 Inches
    5. More than 21 Inches
  5. By Sales Channel
    1. OEM
    2. Aftermarket
Asia-Pacific Two-Wheeler Tire Market
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Vehicle Type
  2. By Tire Type
  3. By Tube Type
  4. By Rim Size
  5. By Sales Channel
  6. By Country
    1. China
      1. By Vehicle Type
      2. By Tire Type
      3. By Tube Type
      4. By Rim Size
      5. By Sales Channel
    2. India
      1. By Vehicle Type
      2. By Tire Type
      3. By Tube Type
      4. By Rim Size
      5. By Sales Channel
    3. Japan
      1. By Vehicle Type
      2. By Tire Type
      3. By Tube Type
      4. By Rim Size
      5. By Sales Channel
    4. South Korea
      1. By Vehicle Type
      2. By Tire Type
      3. By Tube Type
      4. By Rim Size
      5. By Sales Channel
    5. Australia & New Zealand
      1. By Vehicle Type
      2. By Tire Type
      3. By Tube Type
      4. By Rim Size
      5. By Sales Channel
    6. Indonesia
      1. By Vehicle Type
      2. By Tire Type
      3. By Tube Type
      4. By Rim Size
      5. By Sales Channel
    7. Malaysia
      1. By Vehicle Type
      2. By Tire Type
      3. By Tube Type
      4. By Rim Size
      5. By Sales Channel
    8. Singapore
      1. By Vehicle Type
      2. By Tire Type
      3. By Tube Type
      4. By Rim Size
      5. By Sales Channel
    9. Philippines
      1. By Vehicle Type
      2. By Tire Type
      3. By Tube Type
      4. By Rim Size
      5. By Sales Channel
    10. Vietnam
      1. By Vehicle Type
      2. By Tire Type
      3. By Tube Type
      4. By Rim Size
      5. By Sales Channel
    11. Rest of APAC
      1. By Vehicle Type
      2. By Tire Type
      3. By Tube Type
      4. By Rim Size
      5. By Sales Channel
Competitive Landscape
1. List of Key Players and Their Offerings
2. Asia-Pacific Two-Wheeler Tire Company Market Share Analysis, 2022
3. Competitive Benchmarking, By Operating Parameters
4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
Impact of Covid-19 on Asia-Pacific Two-Wheeler Tire Market
Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
1. Hangzhou Zhongce Rubber
2. Giti Tire Pte. Ltd
3. Cheng Shin Rubber
4. MRF Limited
5. CEAT Limited
6. TVS Srichakra Limited
7. JK Tyre & Industries Ltd.
8. Apollo Tyres Ltd
9. Honda
10. Hero
11. Royal Enfield
12. Bajaj Auto.
13. Other Prominent Players
Key Strategic Recommendations
Research Methodology
1. Qualitative Research
  1. Primary & Secondary Research
2. Quantitative Research
3. Market Breakdown & Data Triangulation
  1. Secondary Research
  2. Primary Research
4. Breakdown of Primary Research Respondents, By Region
5. Assumptions & Limitations

*Financial information in case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1 Asia-Pacific Two-Wheeler Tire Segmentation

Figure 2 Asia-Pacific Two-Wheeler Tire Market Value Chain Analysis

Figure 3 Company Market Share Analysis, 2022

Figure 4 Asia-Pacific Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Figure 5 Asia-Pacific Two-Wheeler Tire Market Share, By Vehicle Type, By Value, 2019–2029

Figure 6 Asia-Pacific Two-Wheeler Tire Market Share, By Tire Type, By Value, 2019–2029

Figure 7 Asia-Pacific Two-Wheeler Tire Market Share, By Tube Type, By Value, 2019–2029

Figure 8 Asia-Pacific Two-Wheeler Tire Market Share, By Rim Size, By Value, 2019–2029

Figure 9 Asia-Pacific Two-Wheeler Tire Market Share, By Sales Channel, By Value, 2019–2029

Figure 10 Asia-Pacific Two-Wheeler Tire Market Share, By Country, By Value, 2019–2029

Figure 11 China Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Figure 12 China Two-Wheeler Tire Market Share, By Vehicle Type, By Value, 2019–2029

Figure 13 China Two-Wheeler Tire Market Share, By Tire Type, By Value, 2019–2029

Figure 14 China Two-Wheeler Tire Market Share, By Tube Type, By Value, 2019–2029

Figure 15 China Two-Wheeler Tire Market Share, By Rim Size, By Value, 2019–2029

Figure 16 China Two-Wheeler Tire Market Share, By Sales Channel, By Value, 2019–2029

Figure 17 India Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Figure 18 India Two-Wheeler Tire Market Share, By Vehicle Type, By Value, 2019–2029

Figure 19 India Two-Wheeler Tire Market Share, By Tire Type, By Value, 2019–2029

Figure 20 India Two-Wheeler Tire Market Share, By Tube Type, By Value, 2019–2029

Figure 21 India Two-Wheeler Tire Market Share, By Rim Size, By Value, 2019–2029

Figure 22 India Two-Wheeler Tire Market Share, By Sales Channel, By Value, 2019–2029

Figure 23 Japan Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Figure 24 Japan Two-Wheeler Tire Market Share, By Vehicle Type, By Value, 2019–2029

Figure 25 Japan Two-Wheeler Tire Market Share, By Tire Type, By Value, 2019–2029

Figure 26 Japan Two-Wheeler Tire Market Share, By Tube Type, By Value, 2019–2029

Figure 27 Japan Two-Wheeler Tire Market Share, By Rim Size, By Value, 2019–2029

Figure 28 Japan Two-Wheeler Tire Market Share, By Sales Channel, By Value, 2019–2029

Figure 29 South Korea Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Figure 30 South Korea Two-Wheeler Tire Market Share, By Vehicle Type, By Value, 2019–2029

Figure 31 South Korea Two-Wheeler Tire Market Share, By Tire Type, By Value, 2019–2029

Figure 32 South Korea Two-Wheeler Tire Market Share, By Tube Type, By Value, 2019–2029

Figure 33 South Korea Two-Wheeler Tire Market Share, By Rim Size, By Value, 2019–2029

Figure 34 South Korea Two-Wheeler Tire Market Share, By Sales Channel, By Value, 2019–2029

Figure 35 Australia & New Zealand Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Figure 36 Australia & New Zealand Two-Wheeler Tire Market Share, By Vehicle Type, By Value, 2019–2029

Figure 37 Australia & New Zealand Two-Wheeler Tire Market Share, By Tire Type, By Value, 2019–2029

Figure 38 Australia & New Zealand Two-Wheeler Tire Market Share, By Tube Type, By Value, 2019–2029

Figure 39 Australia & New Zealand Two-Wheeler Tire Market Share, By Rim Size, By Value, 2019–2029

Figure 40 Australia & New Zealand Two-Wheeler Tire Market Share, By Sales Channel, By Value, 2019–2029

Figure 41 Indonesia Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Figure 42 Indonesia Two-Wheeler Tire Market Share, By Vehicle Type, By Value, 2019–2029

Figure 43 Indonesia Two-Wheeler Tire Market Share, By Tire Type, By Value, 2019–2029

Figure 44 Indonesia Two-Wheeler Tire Market Share, By Tube Type, By Value, 2019–2029

Figure 45 Indonesia Two-Wheeler Tire Market Share, By Rim Size, By Value, 2019–2029

Figure 46 Indonesia Two-Wheeler Tire Market Share, By Sales Channel, By Value, 2019–2029

Figure 47 Malaysia Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Figure 48 Malaysia Two-Wheeler Tire Market Share, By Vehicle Type, By Value, 2019–2029

Figure 49 Malaysia Two-Wheeler Tire Market Share, By Tire Type, By Value, 2019–2029

Figure 50 Malaysia Two-Wheeler Tire Market Share, By Tube Type, By Value, 2019–2029

Figure 51 Malaysia Two-Wheeler Tire Market Share, By Rim Size, By Value, 2019–2029

Figure 52 Malaysia Two-Wheeler Tire Market Share, By Sales Channel, By Value, 2019–2029

Figure 53 Singapore Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Figure 54 Singapore Two-Wheeler Tire Market Share, By Vehicle Type, By Value, 2019–2029

Figure 55 Singapore Two-Wheeler Tire Market Share, By Tire Type, By Value, 2019–2029

Figure 56 Singapore Two-Wheeler Tire Market Share, By Tube Type, By Value, 2019–2029

Figure 57 Singapore Two-Wheeler Tire Market Share, By Rim Size, By Value, 2019–2029

Figure 58 Singapore Two-Wheeler Tire Market Share, By Sales Channel, By Value, 2019–2029

Figure 59 Philippines Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Figure 60 Philippines Two-Wheeler Tire Market Share, By Vehicle Type, By Value, 2019–2029

Figure 61 Philippines Two-Wheeler Tire Market Share, By Tire Type, By Value, 2019–2029

Figure 62 Philippines Two-Wheeler Tire Market Share, By Tube Type, By Value, 2019–2029

Figure 63 Philippines Two-Wheeler Tire Market Share, By Rim Size, By Value, 2019–2029

Figure 64 Philippines Two-Wheeler Tire Market Share, By Sales Channel, By Value, 2019–2029

Figure 65 Vietnam Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Figure 66 Vietnam Two-Wheeler Tire Market Share, By Vehicle Type, By Value, 2019–2029

Figure 67 Vietnam Two-Wheeler Tire Market Share, By Tire Type, By Value, 2019–2029

Figure 68 Vietnam Two-Wheeler Tire Market Share, By Tube Type, By Value, 2019–2029

Figure 69 Vietnam Two-Wheeler Tire Market Share, By Rim Size, By Value, 2019–2029

Figure 70 Vietnam Two-Wheeler Tire Market Share, By Sales Channel, By Value, 2019–2029

Figure 71 Rest of APAC Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Figure 72 Rest of APAC Two-Wheeler Tire Market Share, By Vehicle Type, By Value, 2019–2029

Figure 73 Rest of APAC Two-Wheeler Tire Market Share, By Tire Type, By Value, 2019–2029

Figure 74 Rest of APAC Two-Wheeler Tire Market Share, By Tube Type, By Value, 2019–2029

Figure 75 Rest of APAC Two-Wheeler Tire Market Share, By Rim Size, By Value, 2019–2029

Figure 76 Rest of APAC Two-Wheeler Tire Market Share, By Sales Channel, By Value, 2019–2029

List of Tables

Table 1 Asia-Pacific Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Table 2 Asia-Pacific Two-Wheeler Tire Market Size, By Vehicle Type, By Value, 2019–2029

Table 3 Asia-Pacific Two-Wheeler Tire Market Size, By Tire Type, By Value, 2019–2029

Table 4 Asia-Pacific Two-Wheeler Tire Market Size, By Tube Type, By Value, 2019–2029

Table 5 Asia-Pacific Two-Wheeler Tire Market Size, By Rim Size, By Value, 2019–2029

Table 6 Asia-Pacific Two-Wheeler Tire Market Size, By Sales Channel, By Value, 2019–2029

Table 7 Asia-Pacific Two-Wheeler Tire Market Size, By Country, By Value, 2019–2029

Table 8 China Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Table 9 China Two-Wheeler Tire Market Size, By Vehicle Type, By Value, 2019–2029

Table 10 China Two-Wheeler Tire Market Size, By Tire Type, By Value, 2019–2029

Table 11 China Two-Wheeler Tire Market Size, By Tube Type, By Value, 2019–2029

Table 12 China Two-Wheeler Tire Market Size, By Rim Size, By Value, 2019–2029

Table 13 China Two-Wheeler Tire Market Size, By Sales Channel, By Value, 2019–2029

Table 14 India Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Table 15 India Two-Wheeler Tire Market Size, By Vehicle Type, By Value, 2019–2029

Table 16 India Two-Wheeler Tire Market Size, By Tire Type, By Value, 2019–2029

Table 17 India Two-Wheeler Tire Market Size, By Tube Type, By Value, 2019–2029

Table 18 India Two-Wheeler Tire Market Size, By Rim Size, By Value, 2019–2029

Table 19 India Two-Wheeler Tire Market Size, By Sales Channel, By Value, 2019–2029

Table 20 Japan Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Table 21 Japan Two-Wheeler Tire Market Size, By Vehicle Type, By Value, 2019–2029

Table 22 Japan Two-Wheeler Tire Market Size, By Tire Type, By Value, 2019–2029

Table 23 Japan Two-Wheeler Tire Market Size, By Tube Type, By Value, 2019–2029

Table 24 Japan Two-Wheeler Tire Market Size, By Rim Size, By Value, 2019–2029

Table 25 Japan Two-Wheeler Tire Market Size, By Sales Channel, By Value, 2019–2029

Table 26 South Korea Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Table 27 South Korea Two-Wheeler Tire Market Size, By Vehicle Type, By Value, 2019–2029

Table 28 South Korea Two-Wheeler Tire Market Size, By Tire Type, By Value, 2019–2029

Table 29 South Korea Two-Wheeler Tire Market Size, By Tube Type, By Value, 2019–2029

Table 30 South Korea Two-Wheeler Tire Market Size, By Rim Size, By Value, 2019–2029

Table 31 South Korea Two-Wheeler Tire Market Size, By Sales Channel, By Value, 2019–2029

Table 32 Australia & New Zealand Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Table 33 Australia & New Zealand Two-Wheeler Tire Market Size, By Vehicle Type, By Value, 2019–2029

Table 34 Australia & New Zealand Two-Wheeler Tire Market Size, By Tire Type, By Value, 2019–2029

Table 35 Australia & New Zealand Two-Wheeler Tire Market Size, By Tube Type, By Value, 2019–2029

Table 36 Australia & New Zealand Two-Wheeler Tire Market Size, By Rim Size, By Value, 2019–2029

Table 37 Australia & New Zealand Two-Wheeler Tire Market Size, By Sales Channel, By Value, 2019–2029

Table 38 Indonesia Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Table 39 Indonesia Two-Wheeler Tire Market Size, By Vehicle Type, By Value, 2019–2029

Table 40 Indonesia Two-Wheeler Tire Market Size, By Tire Type, By Value, 2019–2029

Table 41 Indonesia Two-Wheeler Tire Market Size, By Tube Type, By Value, 2019–2029

Table 42 Indonesia Two-Wheeler Tire Market Size, By Rim Size, By Value, 2019–2029

Table 43 Indonesia Two-Wheeler Tire Market Size, By Sales Channel, By Value, 2019–2029

Table 44 Malaysia Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Table 45 Malaysia Two-Wheeler Tire Market Size, By Vehicle Type, By Value, 2019–2029

Table 46 Malaysia Two-Wheeler Tire Market Size, By Tire Type, By Value, 2019–2029

Table 47 Malaysia Two-Wheeler Tire Market Size, By Tube Type, By Value, 2019–2029

Table 48 Malaysia Two-Wheeler Tire Market Size, By Rim Size, By Value, 2019–2029

Table 49 Malaysia Two-Wheeler Tire Market Size, By Sales Channel, By Value, 2019–2029

Table 50 Singapore Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Table 51 Singapore Two-Wheeler Tire Market Size, By Vehicle Type, By Value, 2019–2029

Table 52 Singapore Two-Wheeler Tire Market Size, By Tire Type, By Value, 2019–2029

Table 53 Singapore Two-Wheeler Tire Market Size, By Tube Type, By Value, 2019–2029

Table 54 Singapore Two-Wheeler Tire Market Size, By Rim Size, By Value, 2019–2029

Table 55 Singapore Two-Wheeler Tire Market Size, By Sales Channel, By Value, 2019–2029

Table 56 Philippines Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Table 57 Philippines Two-Wheeler Tire Market Size, By Vehicle Type, By Value, 2019–2029

Table 58 Philippines Two-Wheeler Tire Market Size, By Tire Type, By Value, 2019–2029

Table 59 Philippines Two-Wheeler Tire Market Size, By Tube Type, By Value, 2019–2029

Table 60 Philippines Two-Wheeler Tire Market Size, By Rim Size, By Value, 2019–2029

Table 61 Philippines Two-Wheeler Tire Market Size, By Sales Channel, By Value, 2019–2029

Table 62 Vietnam Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Table 63 Vietnam Two-Wheeler Tire Market Size, By Vehicle Type, By Value, 2019–2029

Table 64 Vietnam Two-Wheeler Tire Market Size, By Tire Type, By Value, 2019–2029

Table 65 Vietnam Two-Wheeler Tire Market Size, By Tube Type, By Value, 2019–2029

Table 66 Vietnam Two-Wheeler Tire Market Size, By Rim Size, By Value, 2019–2029

Table 67 Vietnam Two-Wheeler Tire Market Size, By Sales Channel, By Value, 2019–2029

Table 68 Rest of APAC Two-Wheeler Tire Market Size, By Value (USD Million), 2019–2029

Table 69 Rest of APAC Two-Wheeler Tire Market Size, By Vehicle Type, By Value, 2019–2029

Table 70 Rest of APAC Two-Wheeler Tire Market Size, By Tire Type, By Value, 2019–2029

Table 71 Rest of APAC Two-Wheeler Tire Market Size, By Tube Type, By Value, 2019–2029

Table 72 Rest of APAC Two-Wheeler Tire Market Size, By Rim Size, By Value, 2019–2029

Table 73 Rest of APAC Two-Wheeler Tire Market Size, By Sales Channel, By Value, 2019–2029

Table 74 Hangzhou Zhongce Rubber Company Overview

Table 75 Hangzhou Zhongce Rubber Financial Overview

Table 76 Giti Tire Pte. Ltd Company Overview

Table 77 Giti Tire Pte. Ltd Financial Overview

Table 78 Cheng Shin Rubber Company Overview

Table 79 Cheng Shin Rubber Financial Overview

Table 80 MRF Limited Company Overview

Table 81 MRF Limited Financial Overview

Table 82 CEAT Limited Company Overview

Table 83 CEAT Limited Financial Overview

Table 84 TVS Srichakra Limited Company Overview

Table 85 TVS Srichakra Limited Financial Overview

Table 86 JK Tyre & Industries Ltd. Company Overview

Table 87 JK Tyre & Industries Ltd. Financial Overview

Table 88 Apollo Tyres Ltd Company Overview

Table 89 Apollo Tyres Ltd Financial Overview

Table 90 Honda Company Overview

Table 91 Honda Financial Overview

Table 92 Hero Company Overview

Table 93 Hero Financial Overview

Table 94 Royal Enfield Company Overview

Table 95 Royal Enfield Financial Overview

Table 96 Bajaj Auto. Company Overview

Table 97 Bajaj Auto. Financial Overview

Market Segmentation

By Vehicle Type

Motorcycle
Scooter/Moped

By Tire Type

Pneumatic Tire
Solid/Others (Advanced Tire)

By Tube Type

Tube Tire
Tubeless Tire

By Rim Size

Less than 10 Inches
10–13 Inches
14–17 Inches
18–21 Inches
More than 21 Inches

By Sales Channel

OEM
Aftermarket

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Frequently Asked Questions (FAQs):

1. Which vehicle type segment accounts for a highest share of Asia-Pacific Two-Wheeler Market?

Ans: The scooter/moped segment accounts for a higher market share in the Asia-Pacific Two-Wheeler Tire Market by vehicle type.

2. Which demand category segment is the dominant one in Asia-Pacific Two-Wheeler Market?

Ans: The replacement segment holds a higher market share in the Asia-Pacific Two-Wheeler Tire Market by demand category.

3. What are the major factors driving the growth of the Asia-Pacific Two-Wheeler Market?

Ans: Major factors driving the growth of Asia-Pacific Two-Wheeler Tire Market include people's rapidly improving living standards and disposable income, combined with their growing preference for privately owned vehicles, which are causing a rapid increase in the vehicle fleet.

4. What is the current market size of Asia-Pacific Two-Wheeler Market?

Ans: Asia-Pacific Two-Wheeler Tire Market size was estimated at USD 8.2 billion in 2022.

5. Name the key players in Asia-Pacific Two-Wheeler Market.

Ans: Key players in Asia-Pacific Two-Wheeler Tire Market include Hangzhou Zhongce Rubber, Giti Tire Pte. Ltd, Cheng Shin Rubber, MRF Limited, CEAT Limited, TVS Srichakra Limited, JK Tyre & Industries Ltd., Apollo Tyres Ltd, Honda, Hero, Royal Enfield, and Bajaj Auto.

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