Asia Aftermarket Passenger Car Tire Market

Asia Aftermarket Passenger Car Tire Market Overview

As per recent research by MarkNtel Advisors, the Asia Aftermarket Passenger Car Tire Market is projected to grow at a CAGR of around 4.83% during the forecast period, 2022-27.

Asia Aftermarket Passenger Car Tire Market Dynamics

Market Drivers : Surging Demand for Used Cars Boosts the Requirement for Aftermarket Passenger Car Tire

The countries in the Asian region, such as China, India, and Australia, have seen a significant increase in the sale of used cars during the historical period. The rising cost of new cars & customers’ desire for imported luxury vehicles have fueled the region’s used car market’s growth. Furthermore, depending on the depreciation & condition of the car, used cars are generally offered to customers at much lower prices. Hence, the condition of the pre-installed tires, which need to be replaced by the supplier or owner, determines the need for aftermarket tires.

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Asia Aftermarket Passenger Car Tire Market Segmentation Overview 2022-2027: Key Factors

By Vehicle Type

-Hatchback

-Sedan

-SUV

By Tire Type

-Radial

-Bias

By Rim Size

-Up to 12”

-12.1” to 15”

-15.1” to 18”

By Price Category

-Budget

-Economy

-Premium

By Sales Channel

-Online

-Exclusive Outlets

-Multi Brand Outlets

By Season

-Summer

-Winter

-All-Season

Read Full Report: https://www.marknteladvisors.com/research-library/asia-aftermarket-passenger-car-tire-market.html

Asia Aftermarket Passenger Car Tire Market Geographical Insights:

By Country:

-China

-India

-Japan

-South Korea

-Indonesia

-GCC

-Rest of Asia

Key Players and Competitive Strategies in the Asia Aftermarket Passenger Car Tire Market

Several prominent players dominate the Asia Aftermarket Passenger Car Tire Market, including:

  • Bridgestone
  • Sumitomo Tyre
  • Michelin
  • The Goodyear Tire & Rubber Manufacturing Company
  • Hankook Tire
  • Continental
  • Apollo Tyres Limited
  • Pirelli
  • MRF Ltd.
  • Others

Report Delivery – MarkNtel Advisors offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Questions Addressed in this Study

1.How big is the Asia Aftermarket Passenger Car Tire Market Size?

2.What is the Asia Aftermarket Passenger Car Tire Market Growth?

3.Who are the key players of the Asia Aftermarket Passenger Car Tire Market?

If you require specific information that isn’t included in the current report, we’ll provide it as part of the customization process

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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