Market Overview: Malaysia Two-wheeler Tire Market
MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on Malaysia Two-wheeler Tire Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.
Malaysia Two-wheeler Tire Market Insights 2024-30
The Malaysia Two-wheeler Tire Market is estimated to grow at a CAGR of around 5.46% during the forecast period 2024-30.
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Driving Innovation: Exploring the Malaysia Two-wheeler Tire Market and its Key Drivers
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.
Top Players in the Malaysia Two-wheeler Tire Market:
Bridgestone Tyre Sales (Malaysia) Sdn Bhd, Continental Tires, Michelin Tires Co., Ltd., Pirelli Tires, Maxxis Tires, Kenda Tires, Inoue Rubber Co., Ltd., Vee Rubber, TVS Eurogrip, Yokohama TWS, Others
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Segmentation Analysis of Malaysia Two-wheeler Tire Market
Malaysia Two-wheeler Tire Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
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 Replacement tire segment is predicted to account for the potential share of the Malaysia Two-wheeler Tire Market in the projected years.
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A Comprehensive Geographical Analysis:
By Region
-East
-West
-South
-Central
-East Coast
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
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