MarkNtel Advisors recently published a report, titled, ” Singapore Two-Wheeler Tire Market Singapore Two-Wheeler Tire Market Report – By Vehicle Type (Scooter & Moped, Motorcycle), By Demand Type (OEMs, Replacement), By Tire Type (Radial, Bias), By Price Category (Budget(Up to USD 11 Per Unit), Economy (USD 12 to 30 Per unit), Premium (Above USD 30 Per Unit)), By Sales Channel (Online, Multi-brand Stores, Exclusive Stores), By Tire Size, (100/90-14, 180/55-17, 120/70-17, 2.75-18, Others (80/90-16, 190/55-17, etc.)), Others. As per as the report The Singapore Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 2.1% during the forecast period, i.e., 2024-30.
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Singapore Two-Wheeler Tire Market Trend:
Increasing Inclination Towards Sustainable Two-Wheeler Tires – The escalating CO2 emissions in Singapore due to the rapid increase in on-road vehicles have prompted governments and two-wheeler manufacturers such as Honda, Yamaha, and Suzuki to prioritize sustainability initiatives. Consequently, governmental bodies & two-wheeler manufacturers in the Asia-Pacific countries, including Singapore, are shifting towards embracing sustainable tires.
Moreover, recognizing the growing demand for sustainable tires, companies like Nexen Tire, Linglong Tires, Michelin, etc., are introducing their sustainable tire portfolios in the region to tap into emerging revenue opportunities. These eco-friendly two-wheeler tires are engineered with reduced rolling resistance, enhancing energy efficiency and lowering fuel consumption.
Leading Companies in Singapore Two-Wheeler Tire Market:
Bridgestone Corporation, Goodyear Tire and Rubber Company, Michelin, Continental AG, Yokohama TWS (Mitas), Pirelli Tyre S.p.A, Metzeler, Shinko Tyres, Kenda Tyres, and Others.
Singapore Two-Wheeler Tire Market Segmentation:
By Vehicle Type
-Scooter & Moped- Market Size & Forecast 2019-2030, Thousand Units
-Motorcycle- Market Size & Forecast 2019-2030, Thousand Units
By Demand Type
-OEMs- Market Size & Forecast 2019-2030, Thousand Units
-Replacement- Market Size & Forecast 2019-2030, Thousand Units
By Tire Type
-Radial- Market Size & Forecast 2019-2030, Thousand Units
-Bias- Market Size & Forecast 2019-2030, Thousand Units
By Price Category
-Budget (Up to USD 11 Per Unit)- Market Size & Forecast 2019-2030, Thousand Units
-Economy (USD 12 to 30 Per unit)- Market Size & Forecast 2019-2030, Thousand Units
-Premium (Above USD 30 Per Unit)-Market Size & Forecast 2019-2030, Thousand Units
By Sales Channel
-Online- Market Size & Forecast 2019-2030, Thousand Units
-Multi-brand Stores – Market Size & Forecast 2019-2030, Thousand Units
-Exclusive Stores – Market Size & Forecast 2019-2030, Thousand Units
By Tire Size
-100/90-14- Market Size & Forecast 2019-2030, Thousand Units
-180/55-17- Market Size & Forecast 2019-2030, Thousand Units
-120/70-17- Market Size & Forecast 2019-2030, Thousand Units
-2.75-18 – Market Size & Forecast 2019-2030, Thousand Units
-Others (80/90-16, 190/55-17, etc.) – Market Size & Forecast 2019-2030, Thousand Units
Get Full Access Of Singapore Two-Wheeler Tire Market Report : https://www.marknteladvisors.com/research-library/singapore-two-wheeler-tire-market.html
By Region
-North
-Central
-South.
Key questions answered in the Singapore Two-Wheeler Tire Market are:
- What is Singapore Two-Wheeler Tire Market?
- What was the market size in 2022?
- What is the growth rate of the Singapore Two-Wheeler Tire Market?
- Which are the factors expected to drive the market growth?
- What are the different segments of the Singapore Two-Wheeler Tire Market?
- What segments are covered in the Market?
- Who are the key players in the Singapore Two-Wheeler Tire Market?
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