Malaysia motorcycle tire market size, share, trends, analysis future and forecast 2024-30
Are you looking for valuable insights driven by data to drive the growth of your business? Look no further than the comprehensive market research report on the Malaysian Two-Wheel Tires Market provided by Markntel Advisors. Whether your goal is to outperform your competitors, introduce a new product, or tap into an untapped market, our precisely crafted reports have all the information you need. For business owners and analysts, this essential tool cannot be overlooked.
Let's take a closer look at Malaysia's two-wheeler tire market
The Malaysian two-wheeler tire market is estimated to grow at a CAGR of approximately 5.46% during the forecast period i.e. 2024-30.
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Research on top competitors in Malaysian motorcycle tire market size:
This section studies the Malaysian Motorcycle Tires market from a competitive perspective and provides information on company profiles, finances, resources, key initiatives, R&D investments, strengths, weaknesses, etc. Leading companies in the market often form partnerships and collaborations and participate in joint venture programs to facilitate efficient resource sharing and goal achievement. So, let's dig into the details and get to know these market participants.
· Bridgestone Tire Sales (Malaysia) Sdn BHD
· Continental tires
· Michelin Tire Co., Ltd.
· Pirelli tires
· Maxxis tires
· Kenda Tire_
· Inoue Rubber Co., Ltd.
· Vee rubber
· TVS Euro Grip
· Yokohama TWS
· others
A comprehensive overview of geographic diversity:
The Malaysian two-wheeler tire market will expand to include:
· East
· West
· South
· Central
· east coast
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Market Driving Forces: Increased production of two-wheelers drives market growth
The production of two-wheelers is increasing due to traffic congestion and increased investment by manufacturers in the two-wheeler industry for better performance and comfort. As the production of two-wheelers increases, the demand for tires increases. The demand for tires is tied to production, so when production increases, the demand for tires automatically increases. According to the Malaysian Motorcycle and Scooter Assemblers and Distributors Association, the production volume of two-wheelers in 2021, 2022 and 2023 will be 4,96,136 units, 6,85,828 units and 5,61,077 units respectively, reflecting the increase in demand for two-wheelers. is showing. domestic tires. Therefore, the increasing production of two-wheelers has increased the demand for tires, further driving the Malaysian two-wheeler tires market.
Overview of Malaysian two-wheeler tire market segmentation:
· By vehicle type (scooters and mopeds, [internal combustion engine (ICE), {up to 100 cc, 101 cc to 125 cc, 126 cc to 150 cc, above 150 cc}, electric], motorcycles, [internal combustion engine (ICE), {up to 100cc, 101cc~125cc, 126cc~150cc, over 150cc}, electric]
· By tire size (70/90-17, 80/90-17, 110/80-14, 130/70-13, 100/80-17, 140/70-17, 110/70-17, 120/70 R17), others)
· By tire type (radial, bias)
· By price category (Budget (up to USD 10), Economy (USD 11 - USD 30), Premium (USD 31 and above))
· By tire pattern (symmetrical tires, asymmetrical tires, directional tires)
· By sales channel (online, direct sales, select shops, selected outlets)
· By demand type (OEM, replacement)
Key questions addressed in the Malaysian Motorcycle Tires market research report:
· What is the estimated size, share and CAGR of the Malaysian Motorcycle Tires market during the forecast period ?
· What are the key trends predicted to impact the Malaysian two-wheeler tires market from 2024 to 2030?
· What are the different segments and sub-segments considered in the Malaysian Motorcycle Tires Market research study ?
· Who are the key stakeholders and players participating in the Malaysian Motorcycle Tires market ?
· What will be the demand for different types of products/services in the Malaysian two-wheeler tires market by 2030 ?
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Note: Malaysia Two Wheeler Tires Market can be further customized with multi-dimensional, deep-level and high-quality insights according to clients' specific requirements to gain industry prospects and easily face market challenges. , which can help you properly formulate various strategies. Develop strategies and make the right decisions to stay competitive in the market.
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