The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Malaysia Two-wheeler Tire Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Malaysia Two-wheeler Tire Industry (2024-2030):

According to the latest report, 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. The report demonstrates the prominent factors propelling the exponential growth of the Malaysia Two-wheeler Tire industry.

Key Takeaways: Beneficial for Stakeholders and Clients:

• Historical Data: 2019-22
• Base Year: 2023
• Forecast Period: 2024-30
• CAGR (2024-30): 5.46%

What are the major Driver the Malaysia Two-wheeler Tire industry?

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.

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Malaysia Two-wheeler Tire Market Segmentation

The Malaysia Two-wheeler Tire Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• 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

As per the regional aspect, the Malaysia Two-wheeler Tire Market is expected to be dominated by Malaysia by capturing the potential market share.

Explore further details about this research report - https://www.marknteladvisors.com/research-library/malaysia-two-wheeler-tire-market.html

Top Companies 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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