The latest report by MarkNtel Advisors, titled “Malaysia 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. Malaysia Two-wheeler Tire Market Share, Size, and Industry Analysis. By Vehicle Type (Scooter and Moped, [Internal Combustion Engine (ICE), {Upto 100 cc, 101 cc to 125 cc, 126 cc to 150 cc, Above 150 cc}, Electric], Motorcycle, [Internal Combustion Engine (ICE), {Upto 100 cc, 101 cc to 125 cc, 126 cc to 150 cc, Above 150 cc}, 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 (Upto USD10), Economy (USD11-USD30), Premium (Above USD31)), By Tire Pattern (Symmetrical Tire, Asymmetrical Tire, Directional Tire), By Sales Channel (Online, Direct Sales, Multi Brand Stores, Exclusive Outlets), By Demand Type (OEM, Replacement). The Malaysia Two-wheeler Tire Market is estimated to grow at a CAGR of around 5.46% 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 Malaysia Two-wheeler Tire Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
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Malaysia Two-wheeler Tire Market Driver:
Increasing Two-wheeler Automobile Production Driving the Market Growth – Two-wheeler production is increasing due to traffic congestion and growth in investment by manufacturers in the two-wheeler industry for superior performance and comfort. The growing production of two-wheelers increases the demand for tires as the demand for tires is linked with production when the production increases the requirement for tires would automatically increase. According to the Motorcycle & Scooter Assemblers and Distributors Association of Malaysia, the production of two-wheelers was 4,96,136, 6,85,828, and 5,61,077 units in the years 2021, 2022, and 2023 respectively, which indicates the increasing demand for tires in the country. Therefore, the growing two-wheeler production increases the demand for tires, further driving the Malaysia Two-wheeler Tire Market.
Malaysia Two-wheeler Tire Market Segmentation
By Vehicle Type
-Scooter and Moped
–Internal Combustion Engine (ICE)
—Upto 100 cc
—101 cc to 125 cc
—126 cc to 150 cc
—Above 150 cc
–Electric
-Motorcycle
–Internal Combustion Engine (ICE)
—Upto 100 cc
—101 cc to 125 cc
—126 cc to 150 cc
—Above 150 cc
–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 (Upto USD10)
-Economy (USD11-USD30)
-Premium (Above USD31)
By Tire Pattern
-Symmetrical Tire
-Asymmetrical Tire
-Directional Tire
By Sales Channel
-Online
-Direct Sales
-Multi Brand Stores
-Exclusive Outlets
By Demand Type
-OEM
-Replacement
By Region
-East
-West
-South
-Central
-East Coast
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Major Key Players in Malaysia Two-wheeler Tire Market research report:
Bridgestone Tyre Sales (Malaysia) Sdn Bhd
-Product Portfolio
-Strategic Alliances or Partnerships
-Financial Details
Continental Tyre PJ Malaysia Sdn Bhd
-Product Portfolio
-Strategic Alliances or Partnerships
-Financial Details
Michelin Siam Co., Ltd
-Product Portfolio
-Strategic Alliances or Partnerships
-Financial Details
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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