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Asia Pacific Two Wheeler Tire Market
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Asia Pacific Two Wheeler Tire Market

Home Automotive And Transportation Asia Pacific Two Wheeler Tire Market

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

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. 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
  4. 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
  5. 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
  6. 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.)
  7. Impact of Covid-19 on Asia-Pacific Two-Wheeler Tire Market
  8. 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
  9. Key Strategic Recommendations
  10. 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

No data available

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Frequently Asked Questions (FAQs):

Ans: The scooter/moped segment accounts for a higher market share in the Asia-Pacific Two-Wheeler Tire Market by vehicle type.
Ans: The replacement segment holds a higher market share in the Asia-Pacific Two-Wheeler Tire Market by demand category.
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.
Ans: Asia-Pacific Two-Wheeler Tire Market size was estimated at USD 8.2 billion in 2022.
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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