Indonesia Tire Market, By Vehicle Type (Passenger Car, Two-Wheeler, Buses & Trucks and Off-The-Road-Mining Vehicles), By Demand Category (OEM Vs. Replacement), By Radial Vs Bias, By Rim Size, Competition, Forecast & Opportunities, 2025

February 2021 | 64 pages | ID: I1ED63FF539EN
TechSci Research

Abstracts

Indonesia tire market was valued USD2.84 billion in value terms in 2019. The market is further projected to grow at a CAGR of 10.04% during the forecast period on the back of increasing sales of two wheeler and passenger car as traffic congestion is one of the major problems of Indonesia and the population prefers two wheeler over its counter parts.

The country has also witnessed a growth in export and with introduction of import quota regulation by the government and favourable FDI guidelines which are anticipated to propel the tire market growth in the country. Indonesia tire market is gaining demand from both domestic as well as international market. The good macroeconomic conditions are encouraging new companies to establish their manufacturing unit in Indonesia.

Indonesia tire market can be segmented based on vehicle type, demand category and radial vs bias. Bias accounted for the dominant share in 2020 with share of over 70%. As radial tires are progressively being installed in vehicles since they offer flexible sidewalls, better puncture resistance at lower life-cycle cost. Among vehicle type, the two-wheeler category dominates the tire market and is further expected to hold a market share of around 66.692% through 2025. The reason for the dominant share of the segment include prevailing road infrastructure in Indonesia, thereby leading to more demand for two-wheelers and consequently their tires.

Years considered for this report:

• Historical Years: 2017-2018
• Base Year: 2019
• Estimated Year: 2020
• Forecast Period: 2021–2025

Objective of the Study:

• To analyze and forecast the market size of Indonesia tire market.
• To classify and forecast Indonesia tire market based on vehicle type, demand category, radial vs bias, rim size, company and Region.
• To identify drivers and challenges for Indonesia tire market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Indonesia tire market.
• To identify and analyze the profile of leading players involved in the manufacturing tires in Indonesia.

To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of tire dealers operating in the country. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels and regional presence of all major tire suppliers across Indonesia.

TechSci Research calculated the market size for Indonesia tire using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as OICA, ASEAN Automotive Federation, The Association of Indonesia Automotive Industries, company websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Tire manufacturers, suppliers, distributors and other stakeholders
• Vehicle manufacturing companies
• Raw material suppliers
• Associations, organizations, forums and alliances related to tires
• Government bodies such as regulatory authorities and policy makers
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as vehicle manufacturers, distributors and dealers, and policy makers. The study would also help the stakeholders to target the growing segments over the coming years, thereby aiding them in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Indonesia tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Indonesia Tire Market, By Vehicle Type:
• Passenger Car
• Two-Wheeler
• Buses & Truck
• OTR Mining
• Indonesia Tire Market, By Demand Category:
• OEM
• Replacement
• Indonesia Tire Market, By Radial vs Bias
• Indonesia Tire Market, By Rim Sizes

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Indonesia tire market.

Available Customizations:

With the given market data, TechSci Research offers customizations according a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.

Contents

1. PRODUCT OVERVIEW

2. RESEARCH METHODOLOGY

3. IMPACT OF COVID-19 ON INDONESIA TIRE MARKET

4. EXECUTIVE SUMMARY

5. INDONESIA TIRE MARKET OUTLOOK

5.1. Market Size & Forecast
  5.1.1. By Value & Volume
5.2. Market Share & Forecast
  5.2.1. By Vehicle Type (Passenger Car, Two-Wheeler, Buses & Trucks and Off-The-Road-Mining Vehicles)
  5.2.2. By Demand Category (OEM Vs. Replacement)
  5.2.3. By Radial Vs Bias
  5.2.4. By Rim Size
  5.2.5. By Region
  5.2.6. By Company (2020)

6. INDONESIA PASSENGER CAR TIRE MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value & Volume
6.2. Market Share & Forecast
  6.2.1. By Radial Vs Bias
  6.2.2. By OEM Vs Replacement
  6.2.3. By Company

7. INDONESIA TWO-WHEELER TIRE MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value & Volume
7.2. Market Share & Forecast
  7.2.1. By Radial Vs Bias
  7.2.2. By OEM Vs Replacement
  7.2.3. By Company

8. INDONESIA TRUCK & BUS TIRE MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value & Volume
8.2. Market Share & Forecast
  8.2.1. By Radial Vs Bias
  8.2.2. By OEM Vs Replacement
  8.2.3. By Company

9. INDONESIA OTR MINING VEHICLES TIRE MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value & Volume
9.2. Market Share & Forecast
  9.2.1. By Radial Vs Bias
  9.2.2. By OEM Vs Replacement
  9.2.3. By Company

10. MARKET DYNAMICS

10.1. Drivers
10.2. Challenges

11. MARKET TRENDS & DEVELOPMENTS

12. INDONESIA ECONOMIC PROFILE

13. STRATEGIC RECOMMENDATIONS

14. COMPETITIVE LANDSCAPE

14.1. PT Gajah Tunggal Tbk
14.2. PT Bridgestone Tire Indonesia
14.3. PT Multistrada Arah Sarana, Tbk. (Michelin)
14.4. Inoue Rubber Co., Ltd.
14.5. Pt. Suryaraya RubberIndo Industries (FDR)
14.6. Timsun Rubber Tire (Weihai) Co., Ltd.
14.7. PT Goodyear Indonesia Tbk
14.8. PT.SUMI RUBBER INDONESIA
14.9. Hankook Tire Indonesia PT
14.10. PT Tiga Berlian Mandiri (Tiberman)

15. ABOUT US & DISCLAIMER

List Of Figures

LIST OF FIGURES

Figure 1: Indonesia Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2017-2025F
Figure 2: Indonesia GDP, By Value (USD Billion), 2015-2019
Figure 3: Indonesia Tire Market Share, By Vehicle Type, By Volume, 2017-2025F
Figure 4: Indonesia Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2017-2025F
Figure 5: Indonesia Tire Market Share, By Radial Vs. Bias, By Volume, 2017-2025F
Figure 6: Indonesia Tire Market Share, By Rim Size (In Inches), By Volume, By Vehicle Type, 2020 & 2025F
Figure 7: Indonesia Two-Wheeler Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2017-2025F
Figure 8: Indonesia Motorcycle & Scooter Sales, By Volume (Million Units), 2015-2019
Figure 9: Indonesia Two-Wheeler Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2017-2025F
Figure 10: Indonesia Two-Wheeler Tire Market Share, By Radial Vs. Bias, By Volume, 2017-2025F
Figure 11: Indonesia Two-Wheeler Tire Market Share, By Company, By Volume, 2020
Figure 12: Indonesia Passenger Car Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2017-2025F
Figure 13: Indonesia Passenger Car Sales, By Volume (Thousand Units), 2015-2019
Figure 14: Indonesia Passenger Car Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2017-2025F
Figure 15: Indonesia Passenger Car Tire Market Share, By Radial Vs. Bias, By Volume, 2017-2025F
Figure 16: Indonesia Passenger Car Tire Market Share, By Company, By Volume, 2020
Figure 17: Indonesia Truck & Bus Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2017-2025F
Figure 18: Indonesia Commercial Vehicle Sales, By Volume (Thousand Units), 2015-2019
Figure 19: Indonesia Truck & Bus Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2017-2025F
Figure 20: Indonesia Truck & Bus Tire Market Share, By Radial Vs. Bias, By Volume, 2017-2025F
Figure 21: Indonesia Truck & Bus Tire Market Share, By Company, By Volume, 2020
Figure 22: Indonesia OTR-Mining Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2017-2025F
Figure 23: Indonesia Infrastructure Spending (USD Billion), 2014, 2019 & 2025F
Figure 24: Indonesia FDI Inflows, By Value (USD Billion), 2015-2019
Figure 25: Indonesia OTR-Mining Tire Market Share, By Demand Category (OEM Vs. Replacement), By Volume, 2017-2025F
Figure 26: Indonesia OTR-Mining Tire Market Share, By Radial Vs. Bias, By Volume, 2017-2025F
Figure 27: Indonesia OTR-Mining Tire Market Share, By Company, By Volume, 2020