DUBLIN, April 24, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/tq2hm4/twowheeler_tire) has announced the addition of the "Two-wheeler Tire Market in Indonesia 2014-2018" report to their offering.
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The analysts forecast the Two-wheeler Tire market in Indonesia to grow at a CAGR of 17.98 percent over the period 2013-2018. One of the key factors contributing to this market growth is the strong demand for two-wheelers. The Two-wheeler Tire market in Indonesia has also been witnessing the growing demand for replacement tires. However, the infrastructure-related issues could pose a challenge to the growth of this market.
The report, the Two-wheeler Tire Market in Indonesia 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the sales of two-wheeler tires in Indonesia; it also covers the Two-wheeler Tire market in Indonesia market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the main trends witnessed in the Two-wheeler Tire market in Indonesia is the growing demand for replacement tires in the country. The country has been witnessing high adoption of two-wheelers over the last decade, which led to high demand for OEM tires. However, as the penetration rate of two-wheelers in the country has reached over 90 percent, the demand for OEM tires is getting stagnating. Moreover, the drastic surge in the number of two-wheelers in the market is expected to drive the demand for replacement tires over the next few years.
According to the report, one of the major drivers in this market is the strong demand for two-wheelers in the country. Indonesia is one of the countries with a high penetration of two-wheelers. This is mainly due to the lower disposable income among the population, owing to which many people prefer two-wheelers to four-wheelers. This in turn has resulted in a strong demand for two-wheeler tires in the country.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Type of Tires
08. Two-wheeler Tire Market in Indonesia by End-users
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
- Bategng Pratama
- Elang Perdana Tyre Industry
- Gajah Tunggal Tbk
- Hung A Indonesia
- Industri Karet Deli
- Multistrada Arah Sarana Tbk
- Sumi Rubber Indonesia
- Surabaya Kencana Tyre Industry
- Suryaraya Rubberindo Industries
- United King-land Company Ltd.
For more information visit http://www.researchandmarkets.com/research/tq2hm4/twowheeler_tire
Media Contact: Laura Wood , +353-1-481-1716, email@example.com
SOURCE Research and Markets