Indonesia Two-Wheeler Tire Market Overview: 2024-2030

Base Year: 2023

Historical Years:  2019-22

Forecast Years: 2024-2030

The Indonesia Two-Wheeler Tire Market size was valued at around USD 43.94 billion in 2023 and is estimated to grow at a CAGR of about 6.55% during the forecast period, i.e., 2024-30.

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Indonesia Two-Wheeler Tire Market Dynamics: 2024-2030

Indonesia Two-Wheeler Tire Market Driver:

Extensive Usage of the Two-wheelers by Ride-hailing Companies to Thrive Market Growth – Over the past few years, Indonesia has emerged as a tourist destination due to the presence of various leisure, entertainment & attraction spots like Ubud Monkey Forest, Elephant Safari Park, Blanco Renaissance Museum, etc. The rising tourism in the country is driving the demand for ride-hailing services since tourists prefer to use ride-hailing services to explore the different places in the country. Ride-hailing companies such as Gojek, Grab, etc., offer two-wheeler renting services to tourists with fewer license-related formalities. As a result, foreigners tend to use ride-hailing services rather than private taxi services, driving the demand for two-wheeler ride-hailing services.

Moreover, the surging usage of the rental two-wheelers increases tire wear & tear, therefore the two-wheelers undergo frequent tire replacement, driving the Indonesia Two-Wheeler Tire Market. In addition, ride-hailing companies like Gojek, Uber Motorbikes, etc., are expanding their fleets to cater to the growing demand for rental services. Thus, the requirement for the tire for replacement purposes would increase in the future years.

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Indonesia Two-Wheeler Tire Market (2024-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Vehicle Type

-Scooter & Moped- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Internal Combustion Engine (ICE)- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Up to 100 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-101 cc to 125 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-126 cc to 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Above 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Electric- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Motorcycle- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Internal Combustion Engine (ICE)- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Up to 100 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-101 cc to 125 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-126 cc to 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Above 150 cc- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Electric- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

By Tire Size

-Tire Size 1- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Tire Size 2- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Tire Size 3- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Tire Size 4- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Tire Size 5- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

By Tire Type

-Radial- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Bias- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

By Sales Channel

-Online- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Direct Sales- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Multi Brand Stores- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Exclusive Outlets- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

By Demand Type

-OEM- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

-Replacement- Market Size & Forecast 2019-2030F, Unit Sold (Thousand)

The demand for Tire Replacement is higher in the country, enhancing the share of the replacement in Indonesia's Two-wheeler Market.

By Region

-Java

-Sumatra

-Kalimantan (Borneo)

-Bali

-Rest of Indonesia.

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Top Companies Operating in the Indonesia Two-Wheeler Tire Market:

PT. Bridgestone Tire Indonesia, Continental Tires, Vee Rubber Co. Ltd, Kenda Tyres, PT Michelin Indonesia, Pirelli Tyre S.p.A, PT. Maxxis International Indonesia, FDR Tire, PT Sumi Rubber Indonesia, IRC Tire Indonesia and others

Industry Recent Development:

• 2022: The company Michelin acquired Royal Lestari Utama (RLU), a project developing sustainable natural rubber in Indonesia. The acquisition would help the company to develop sustainable tire solutions and contribute to environmental protection.

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