Malaysia Two-wheeler Tire Market Overview:
According to MarkNtel Advisors study 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 market has grown considerably over the historical years due to the growing preference of individuals to use motorcycles and scooters for daily commuting purposes. The city lanes in Malaysia are narrow, which leads to high traffic congestion and road blockages. As a result, daily commuters prefer to travel using two-wheelers because it is easy and flexible to maneuver them.
Key Findings of the Study: Malaysia Two-wheeler Tire market
Malaysia Two-wheeler Tire Market Challenge:
Fluctuating Raw Material Shortages & Prices to Impede the Market Growth – The automotive sector is facing a natural rubber shortage due to climate change and leaf disease ravaging the supply. This issue is a multi-year issue that impacts tire production. The production of tires is heavenly dependent on natural rubber for tire manufacturing. Therefore, due to the shortage of rubber production, tire production was put to a halt, which led to a decline in the Malaysia Two-wheeler Tire Market growth. Also, due to the shortage of raw materials for tires, the prices of tires tend to be more expensive than they used to be due to the limited supply, hence hindering the market growth.
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Scope of the Malaysia Two-wheeler Tire Market Report Segmentation
-By Vehicle Type
- Scooter and Moped
- Motorcycle
- 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
For more detailed information about the Malaysia Two-wheeler Tire market report, click here – https://www.marknteladvisors.com/research-library/malaysia-two-wheeler-tire-market.html
Geographical analysis:
-By Region
- East
- West
- South
- Central
- East Coast
Current Landscape of Malaysia Two-wheeler Tire Market
The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Malaysia Two-wheeler Tire market. The research report profiles major players, including
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- Bridgestone Tyre Sales (Malaysia) Sdn Bhd
- Continental Tyre PJ Malaysia Sdn Bhd
- Michelin Siam Co., Ltd
- Pirelli Tires SpA
- Maxxis Tyres
- Kenda Tires
- Inoue Rubber Co., Ltd.
- Vee Rubber Co. Ltd.
- TVS Srichakra Limited
- Yokohama TWS
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