Malaysia Two-wheeler Tire Market Research Report: With a CAGR of 5.46% – MarkNtel Advisors

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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About Us

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.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.