Indonesia Tyre Market (2019-2025) | Brands, Size, Share, Revenue, Forecast, Analysis, industry & Outlook

Market Forecast By Origin (Local Manufacturing and Imports), By Vehicle Types (Trucks (Radial and Bias), Light Trucks (Radial and Bias), Passenger Cars and Two-Wheelers)) and by Competitive Landscape

Product Code: ETC000576 Publication Date: Feb 2023 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 100 No. of Figures: 61 No. of Tables: 4

Indonesia Tyre Market Competition 2023


Indonesia Export Potential Assessment For Tyre Market (USD Values in Thousand)


Latest 2023 Development of the Indonesia Tyre (Tire) Market

Indonesia Tyre (Tire) Market has been experiencing growth on the back of several growth factors. Some of the factors proliferating the market expansion include increasing vehicle sales, and infrastructure development as the construction of roads, highways, and other transportation infrastructure has also contributed to the growth of the tire market in Indonesia. Moreover, Indonesia has experienced strong economic growth over the years which has resulted in rising disposable incomes. The government has implemented regulations to promote the use of high-quality tires, which has led to an increase in demand for premium tires. Also, these regulations have also encouraged the development of the domestic tire industry which contributes to fueling the overall growth of the market.

Moreover, there has been a shift in consumer preference from bias-ply tires to radial tires. Apart from this, the growing use of green tires which are eco-friendly and have low rolling resistance further propels the demand for Indonesia Tyre Market. Several global tire manufacturers have invested in local tire manufacturing facilities in Indonesia which are expected to boost local production. Overall, the Indonesia tire market size is estimated to grow due to the growing focus on infrastructure development and rising demand for tires in the automotive industry. 

Indonesia Tyre (Tire) Market Synopsis

Indonesia Tyre (Tire) Market is expected to register substantial growth during the upcoming years on account of the expansion of automobile fleet size. Rising disposable income and growing automotive exports in the country have increased the demand for tyres in Indonesia during the past years. Increasing vehicle sales and robust growth of tyre manufacturing due to the easy availability of raw materials as Indonesia is a rubber manufacturing nation and low labour costs are expected to strengthen the tyre industry in Indonesia over the next six years. Further, the government plans such as Indonesia Vision 2045 and favourable FDI policies would encourage global players to establish manufacturing units in the country which would boost Indonesia tyre market revenues.

According to 6Wresearch, Indonesia Tyre Market Size is projected to grow at a CAGR of 9.8% during 2019-25. Good macroeconomic conditions and growing automotive manufacturing majorly driven by domestic demand would lead to the Indonesia Tyre Market Growth. Radial tyres would register the highest growth rate during the forecast period owing to the high installation of radial tyres in vehicles due to their better puncture resistance, flexible sidewalls and lower life-cycle cost.

Indonesia Tyre (Tire) Market Overview

The passenger car segment has accounted for a key slice of the overall Indonesia tyre market share owing to lower interest rates on vehicle loans and the increasing popularity of low-cost green cars and multipurpose vehicles. Further, with the rising urban population and social normalization of cars, the passenger car segment is expected to grow at the fastest rate as compared to all kinds of vehicles during the forecast period.

The Indonesia tire market report thoroughly covers the market by tire types, vehicle types, and by origin. The Indonesia tyre market outlook report provides an unbiased and detailed analysis of the ongoing Indonesia tyre market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

According to the government policies, Indonesia tyre market expanding across the country's demand for vehicles and moreover growing industrialization in the country is fuelling the demand for trucks and OTR vehicles opening new ways of opportunity within the Indonesia tire market. In the Indonesia tire market, the Two-wheeler segment holds the largest market share and this trend will continue over the forecast period

Indonesia Tyre Market two-wheeler is the dominating tire segment in Indonesia that follows the three-wheeler tire such as passenger car tires, OTR tires, and commercial vehicles. The two-tire wheeler marking dominates the market in upcoming years to low and middle-income people so that they can easily buy the two-wheeler. The transport infrastructure increased and improve in the country. There is still scope of growth in Indonesia in the tire market.

Indonesia Tire Market is anticipated to gain traction in the upcoming six years on the back of the rising potential growth of the automotive sector. As the country is attributed as the second-largest car manufacturing country in entire Southeast Asia which is estimated to gain traction in the market underpinned by an increased population base along with the growing domestic and foreign demand for four-wheeled vehicles and this is simultaneously propelling the product demand and is further resulting in the Indonesia Tyre Market Growth in the forthcoming years.

Key Highlights of the Report:

• Indonesia Tyre Market Overview
• Indonesia Tyre Market Outlook
• Indonesia Tyre Market Size and Indonesia Tyre Market Forecast
• Historical Data of Indonesia Tyre Market Revenues & Volume for the Period 2016-2018
• Indonesia Tyre Market forecast of Revenues & Volume for the Period 2019-2025
• Historical Data of Indonesia Tyre Market Revenues & Volume for the Period 2016-2018, By Local Manufacturing
• Market Size and Forecast of Indonesia Tyre Market Revenues & Volume for the Period 2019-2025, By Local Manufacturing
• Historical Data of Indonesia Tyre Market Revenues & Volume for the Period 2016-2018, By Import
• Indonesia Tyre Market Forecast Revenues & Volume for the Period 2019-2025, By Import
• Historical Data of Indonesia Radial Tyre Market Revenues & Volume for the Period 2016-2018
• Market Size and Forecast of Indonesia Radial Tyre Market Revenues & Volume for the Period 2019-2025
• Historical Data of Indonesia Bias Tyre Market Revenues & Volume for the Period 2016-2018
• Market Size and Forecast of Indonesia Bias Tyre Market Revenues & Volume for the Period 2019-2025
• Historical Data of Indonesia Trucks Tyre Market Revenues & Volume for the Period 2016-2018
• Market Size and Forecast of Indonesia Trucks Tyre Market Revenues & Volume for the Period 2019-2025
• Historical Data of Indonesia Light Trucks Tyre Market Revenues & Volume for the Period 2016-2018
• Market Size and Forecast of Indonesia Light Trucks Tyre Market Revenues & Volume for the Period 2019-2025
• Historical Data of Indonesia Passenger Cars Tyre Market Revenues & Volume for the Period 2016-2018
• Market Size and Forecast of Indonesia Passenger Cars Tyre Market Revenues & Volume for the Period 2019-2025
• Historical Data of Indonesia Two-Wheeler Tyre Market Revenues & Volume for the Period 2016-2018
• Market Size and Forecast of Indonesia Two-Wheeler Tyre Market Revenues & Volume for the Period 2019-2025
• Market Drivers and Restraints
• Indonesia Tyre Market Trends and Developments
• Indonesia Tyre Market Share, By Players, Vehicle Type
• Indonesia Tyre Market Overview on Competitive Benchmarking 
• Recommendations

Market Segmentation

The Indonesia Tyre (Tire) Market report offers a detailed analysis of the following market segments:\

By Origin

  • Local Manufacturing
  • Imports

By Vehicle Types

    o Trucks
              ■ Radial
              ■ Bias
    o Light Trucks
              ■ Radial
              ■ Bias
    o Passenger Cars
    o Two-Wheeler

Indonesia Tyre Market: FAQs
The major factors propelling the growth of this market are the growing automotive industry and the increasing number of vehicles on the roads. In addition to that, the government's infrastructure development programs are also contributing to the Indonesia Tire Market growth.
The influx of cheap imported tires, the lack of proper regulations for tire disposal, and the increasing competition from local manufacturers are the major barriers impeding market development.
The government has implemented regulations to promote the use of high-quality tires which has encouraged the development of the domestic tire industry.
Increasing demand for radial tires, growing use of green tires, and government regulations are some of the major recent developments in the industry.
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1. Executive Summary
2. Introduction
    2.1 Report Description
    2.2 Key Highlights of The Report
    2.3 Market Scope & Segmentation
    2.4 Research Methodology
    2.5 Assumptions
3. Indonesia Tire Market Overview
    3.1 Indonesia Country Indicators
    3.2 Indonesia Tire Market Revenues and Volumes, 2016-2025F
    3.3 Indonesia Tire Market - Industry Life Cycle, 2018
    3.4 Indonesia Tire Market - Porter's Five Force Model
    3.5 Indonesia Tire Market Revenues and Volume Share, By Origin, 2018 & 2025F
4. Indonesia Tire Market Dynamics
    4.1 Impact Analysis
    4.2 Market Drivers
    4.3 Market Restraints
5. Indonesia Tire Market Overview, By Origin
    5.1 Indonesia Local Manufactured Tire Market Revenues and Volume, 2016-2025F
    5.2 Indonesia Import Tire Market Revenues and Volume, 2016-2025F
6. Indonesia Tire Market Overview, By Vehicle Types
    6.1 Indonesia Passenger Car Tire Market Revenues and Volume, 2016-2025F
          6.1.1 Indonesia Passenger Car Tire Market Revenues and Volume Share, By Origin, 2018 & 2025F
          6.1.2 Indonesia Passenger Car Tire Market Revenues and Volume, By Origin, 2016-2025F
    6.2 Indonesia Truck Tire Market Revenues and Volume, 2016-2025F
          6.2.1 Indonesia Truck Tire Market Revenues and Volume Share, By Origin, 2018 & 2025F
          6.2.2 Indonesia Truck Tire Market Revenues and Volume, By Origin, 2016-2025F
                    6.2.2.1 Indonesia Local Manufactured Truck Tire Market Revenues and Volume, By Types, 2016-2025F
                    6.2.2.2 Indonesia Import Truck Tire Market Revenues and Volume, By Types, 2016-2025F
    6.3 Indonesia Light Truck Tire Market Revenues and Volume, 2016-2025F
          6.3.1 Indonesia Light Truck Tire Market Revenues and Volume Share, By Origin, 2018 & 2025F
          6.3.2 Indonesia Light Truck Tire Market Revenues and Volume, By Origin, 2016-2025F
                    6.3.2.1 Indonesia Local Manufactured Light Truck Tire Market Revenues and Volume,
                                By Types, 2016-2025F
                    6.3.2.2 Indonesia Import Light Truck Tire Market Revenues and Volume, By Types, 2016-2025F
    6.4 Indonesia Two Wheeler Vehicle Tire Market Revenues and Volume, 2016-2025F
          6.4.1 Indonesia Two Wheeler Vehicle Tire Market Revenues and Volume Share, By Origin, 2018 & 2025F
          6.4.2 Indonesia Two Wheeler Vehicle Tire Market Revenues and Volume, By Origin, 2016-2025F
7. Indonesia Tire Market - Key Performance Indicators
8. Indonesia Tire Market Opportunity Assessment
    8.1 Indonesia Tire Market Opportunity Assessment, By Origin, 2025F
    8.2 Indonesia Local Manufactured Tire Market Opportunity Assessment, By Vehicle Type, 2025F
    8.3 Indonesia Import Tire Market Opportunity Assessment, By Vehicle Type, 2025F
9. Indonesia Tire Market - Competitive Landscape
    9.1 Competitive Benchmarking, By Tires
    9.2 Indonesia Tire Market Revenue Share, By Company, 2018
          9.2.1 Indonesia Tire Market Revenue Share, By Company, By Origin, 2018
          9.2.2 Indonesia Tire Market Revenue Share, By Company, By Vehicle Type, 2018
10. Company Profiles
      10.1 PT Michelin Indonesia
      10.2 PT Bridgestone Tire Indonesia
      10.3 PT Goodyear Indonesia, Tbk
      10.4 The Yokohama Rubber Co., Ltd
      10.5 PT Gajah Tunggal Tbk.
      10.6 PT Maxxis International Indonesia
      10.7 MRF Limited
      10.8 Apollo Tyres Ltd.
      10.9 P.T. Sumi Rubber Indonesia (Dunlop)
      10.10 Toyo Tire & Rubber Co., Ltd.
      10.11 PT Continental Tyre Indonesia
      10.12 PT Multistrada Arah Sarana, Tbk
11. Key Strategic Recommendations
12. Disclaimer
List of Figures
Figure1. Indonesia Tire Market Revenues and Volume, 2016-2025F ($ Billion/Million Units)
Figure2. Indonesia Tire Market Revenue Share, By Origin, 2018 & 2025F
Figure3. Indonesia Tire Market Volume Share, By Origin, 2018 & 2025F
Figure4. Indonesia Local Manufactured Tire Market Revenue Share, By Vehicle Types, 2018 & 2025F
Figure5. Indonesia Local Manufactured Tire Market Volume Share, By Vehicle Types, 2018 & 2025F
Figure6. Indonesia Import Tire Market Revenue Share, By Vehicle Types, 2018 & 2025F
Figure7. Indonesia Import Tire Market Volume Share, By Vehicle Types, 2018 & 2025F
Figure8. Indonesia Passenger Car Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure9. Indonesia Passenger Car Tire Market Revenue Share, By Origin, 2018 & 2025F
Figure10. Indonesia Passenger Car Tire Market Volume Share, By Origin, 2018 & 2025F
Figure11. Indonesia Local Manufactured Passenger Car Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure12. Indonesia Import Passenger Car Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure13. Indonesia Truck Radial Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure14. Indonesia Truck Tire Market Revenue Share, By Origin, 2018 & 2025F
Figure15. Indonesia Truck Tire Market Volume Share, By Origin, 2018 & 2025F
Figure16. Indonesia Local Manufactured Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure17. Indonesia Import Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure18. Indonesia Local Manufactured Truck Tire Market Revenue Share, By Types, 2018 & 2025F
Figure19. Indonesia Local Manufactured Truck Tire Market Volume Share, By Types, 2018 & 2025F
Figure20. Indonesia Local Manufactured Radial Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure21. Indonesia Local Manufactured Bias Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure22. Indonesia Import Truck Tire Market Revenue Share, By Types, 2018 & 2025F
Figure23. Indonesia Import Truck Tire Market Volume Share, By Types, 2018 & 2025F
Figure24. Indonesia Import Radial Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure25. Indonesia Import Bias Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure26. Indonesia Light Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure27. Indonesia Light Truck Tire Market Revenue Share, By Origin, 2018 & 2025F
Figure28. Indonesia Light Truck Tire Market Volume Share, By Origin, 2018 & 2025F
Figure29. Indonesia Local Manufactured Light Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure30. Indonesia Import Truck Light Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure31. Indonesia Local Manufactured Light Truck Tire Market Revenue Share, By Types, 2018 & 2025F
Figure32. Indonesia Local Manufactured Light Truck Tire Market Volume Share, By Types, 2018 & 2025F
Figure33. Indonesia Local Manufactured Radial Light Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure34. Indonesia Local Manufactured Bias Light Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure35. Indonesia Import Light Truck Tire Market Revenue Share, By Types, 2018 & 2025F
Figure36. Indonesia Import Light Truck Tire Market Volume Share, By Types, 2018 & 2025F
Figure37. Indonesia Import Radial Light Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure38. Indonesia Import Bias Light Truck Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure39. Indonesia Two Wheeler Vehicle Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure40. Indonesia Two Wheeler Tire Market Revenue Share, By Origin, 2018 & 2025F
Figure41. Indonesia Two Wheeler Tire Market Volume Share, By Origin, 2018 & 2025F
Figure42. Indonesia Local Manufactured Two Wheeler Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure43. Indonesia Import Two Wheeler Tire Market Revenues and Volume, 2016-2025F ($ Million/Million Units)
Figure44. Indonesia Actual Government Spending Vs Actual Government Revenues, 2014-2023F (Indonesian Rupiah Quadrillions)
Figure45. Government And Private Sector Initiatives To Drive The Development of The Automotive Industry
Figure46. Electric Vehicle Penetration vs Targets
Figure47. Indonesia Urban Population Percentage, 2010-2050F
Figure48. Indonesia Tire Market Opportunity Matrix, By Origin, 2025F
Figure49. Indonesia Local Manufactured Tire Market Opportunity Matrix, By Vehicle Type, 2025F
Figure50. Indonesia Import Tire Market Opportunity Matrix, By Vehicle Type, 2025F
Figure51. Indonesia Local Manufactured Radial Truck Tire Market Revenue Share, By Company, 2018
Figure52. Indonesia Local Manufactured Bias Truck Tire Market Revenue Share, By Company, 2018
Figure53. Indonesia Import Truck Tire Market Revenue Share, By Company, 2018
Figure54. Indonesia Local Manufactured Radial Light Truck Tire Market Revenue Share, By Company, 2018
Figure55. Indonesia Local Manufactured Bias Light Truck Tire Market Revenue Share, By Company, 2018
Figure56. Indonesia Import Light Truck Tire Market Revenue Share, By Company, 2018
Figure57. Indonesia Local Manufactured Passenger Car Tire Market Revenue Share, By Company, 2018
Figure58. Indonesia Import Passenger Car Tire Market Revenue Share, By Company, 2018
Figure59. Indonesia Local Manufactured Two-Wheelers Tire Market Revenue Share, By Company, 2018
Figure60. Indonesia Import Two-Wheelers Tire Market Revenue Share, By Company, 2018
Figure61. Tire Market - Ansoff Matrix
List of Tables
Table1. Indonesia Upcoming Transportation Projects
Table2. Upcoming Road and Highway Construction Projects
Table3. Indonesia Vehicle Sales Data, 2014-17 (in units)
Table4. Indonesia Vehicle Production Data, 2014-17 (in units)
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