Singapore Tire Market Forecast and Opportunities, 2011-2021

  • ID: 3993853
  • Report
  • Region: Singapore
  • 110 Pages
  • TechSci Research
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Singapore Tire Market is Projected to Cross US$ 200 Million by 2021

FEATURED COMPANIES

  • Dunlop Tyre
  • Giti Tire Pte. Ltd.
  • Pirelli Asia Pte Ltd
  • MORE
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Singapore is a major hub for global financial and commercial activities. Vehicle motorization rate (for passenger cars and commercial vehicles) in the country stood at around 150 vehicles per 1,000 people, as of 2014. Further, tire market in the country is completely replacement driven, owing to absence of automobile production plants in the country.

Singapore’s Gross National Income grew from USD48,530 in 2011 to USD52,090 in 2015, and this boosted sales of automobiles in the country. Growing infrastructure developments, increasing vehicle sales and expanding automobile fleet in the country are forecast to drive Singapore tire market over the next five years.

According to “Singapore Tire Market Forecast and Opportunities, 2011-2021’’, tire market in the country is projected to cross US$ 200 million by 2021. Passenger cars dominated Singapore tire market in 2015, and the segment is anticipated to continue dominating the market in the coming years as well, due to expanding passenger car fleet size and rising passenger car sales. Moreover, growing demand for commercial vehicle and OTR tires in Singapore can be attributed to rising demand for these vehicles in transportation, infrastructure developments and construction sectors. Few of the leading companies operating in Singapore tire market include Michelin, Continental, Pirelli and Bridgestone.

“Singapore Tire Market Forecast and Opportunities, 2011-2021”report elaborates following aspects of tire market in Singapore:

  • Singapore Tire Market Size, Share & Forecast
  • Segmental Analysis By Vehicle Type (Passenger Car, Medium & Heavy Commercial Vehicle, Light Commercial Vehicle, Two-Wheeler, and Off-The-Road), By Radial Vs Bias
  • Policy & Regulatory Landscape
  • Changing Market Trends and Emerging Opportunities
  • Competitive Landscape and Strategic Recommendations

Why You Should Buy This Report?

  • To gain an in-depth understanding of tire market in Singapore
  • To identify the on-going trends and segment wise anticipated growth in the coming years
  • To help industry consultants, tire companies and other stakeholders to align their market-centric strategies
  • To obtain research based business decision and add weight to presentations and marketing material
  • To gain competitive knowledge of leading players
  • To avail of 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based on both primary and secondary sources. Primary research included interviews with vehicle manufactures, tire companies, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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FEATURED COMPANIES

  • Dunlop Tyre
  • Giti Tire Pte. Ltd.
  • Pirelli Asia Pte Ltd
  • MORE
Free Webex Call

Speak directly to the analyst to clarify any post sales queries you may have.

10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

1. Product Overview

2. Research Methodology

3. Analyst View

4. Singapore Tire Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value & Volume
4.2. Market Share & Forecast
4.2.1. By Vehicle Type (Passenger Car, Medium & Heavy Commercial Vehicle, Light Commercial Vehicle, Two-Wheeler & Off-The-Road)
4.2.2. By Company
4.2.3. By Region
4.2.4. By Radial Vs Bias
4.3. Prominent Tire Sizes
4.4. Market Attractiveness Index (By Region)
4.5. Market Attractiveness Index (By Vehicle Type)

5. Singapore Passenger Car (PC) 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 (Medium, Large & Small)
5.2.2. By Radial Vs Bias

6. Singapore Medium & Heavy Commercial Vehicle (M&HCV) Tire Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Heavy Good Vehicle, Very Heavy Good Vehicle& Bus)
6.2.2. By Radial Vs Bias

7. Singapore Light Commercial Vehicle (LCV) Tire Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type (Light Good Vehicle, Goods Cum Passenger Vehicle & Omnibus)
7.2.2. By Radial Vs Bias

8. Singapore Two-Wheeler Tire Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type (>500 CC, 501-1000CC &
8.2.2. By Radial Vs Bias

9. Singapore OTR Tire Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type (Mining & Construction Equipment, & Others)
9.2.2. By Radial Vs Bias

10. Singapore Retreading Tire Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Vehicle Type (Truck, Bus & Others)

11. Import-Export Analysis

12. Market Dynamics
12.1. Drivers
12.2. Challenges

13. Market Trends & Developments
13.1. Recovering Automobile Sales
13.2. Increasing Tire Radialization
13.3. Growing Penetration of Chinese Tires
13.4. Rising Demand for Commercial Vehicle Tires
13.5. Growing Internet Penetration to Drive Online Tire Sales

14. Policy & Regulatory Landscape

15. Singapore Economic Profile

16. Competitive Landscape
16.1. Michelin Asia (Singapore) Co Pte Ltd
16.2. Continental Automotive Singapore Pte Ltd
16.3. Pirelli Asia Pte Ltd
16.4. Bridgestone Tyre Sales Singapore Pte. Ltd.
16.5. Hankook Tire Singapore PTE., Ltd.
16.6. Goodyear Orient Company (Private) Limited
16.7. Dunlop Tyre
16.8. TOYO Tire & Rubber Company
16.9. Giti Tire Pte. Ltd.
16.10. Stamford Tyres Corporation Limited

17. Strategic Recommendations

List of Figures

Figure 1: Singapore Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2011-2021F
Figure 2: Prominent Drivers in Singapore Tire Market (2011-2015)
Figure 3: Singapore Tire ASP, 2011-2015 (USD)
Figure 4: Prominent Drivers in Singapore Tire Market (2016E-2021F)
Figure 5: Singapore Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 6: Singapore Tire Market Share, By Company, By Volume, 2015-2021F
Figure 7: Singapore Tire Market Share, By Region, By Volume, 2015 & 2021F
Figure 8: Singapore Tire Market Share, By Region, By Volume, 2015-2021F
Figure 9: Singapore Tire Market Share, By Radial Vs Bias, By Volume, 2015-2021F
Figure 10: Singapore Tire Market Attractiveness Index, By Region, By Volume, 2015-2021F
Figure 11: Singapore Tire Market Attractiveness Index, By Vehicle Type, By Volume, 2015-2021F
Figure 12: Singapore Passenger Car Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2011-2021F
Figure 13: Prominent Drivers in Singapore Passenger Car Tire Market (2011-2015)
Figure 14: Singapore Passenger Car Tire ASP, 2011-2015 (USD)
Figure 15: Prominent Drivers in Singapore Passenger Car Tire Market (2016E-2021F)
Figure 16: Singapore Passenger Car Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 17: Singapore Passenger Car Tire Market Share, By Radial Vs Bias, By Volume, 2015-2021F
Figure 18: Singapore Medium & Heavy Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2011-2021F
Figure 19: Prominent Drivers in Singapore Medium & Heavy Commercial Vehicle Tire Market (2011-2015)
Figure 20: Singapore Medium & Heavy Commercial Vehicle Tire ASP, 2011-2015 (USD)
Figure 21: Prominent Drivers in Singapore Medium & Heavy Commercial Vehicle Tire Market (2016E-2021F)
Figure 22: Singapore Medium & Heavy Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 23: Singapore Medium & Heavy Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2015-2021F
Figure 24: Singapore Light Commercial Vehicle Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2011-2021F
Figure 25: Prominent Drivers in Singapore Light Commercial Vehicle Tire Market (2011-2015)
Figure 26: Singapore Light Commercial Vehicle Tire ASP, 2011-2015 (USD)
Figure 27: Prominent Drivers in Singapore Light Commercial Vehicle Tire Market (2016E-2021F)
Figure 28: Singapore Light Commercial Vehicle Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 29: Singapore Light Commercial Vehicle Tire Market Share, By Radial Vs Bias, By Volume, 2015-2021F
Figure 30: Singapore Two-Wheeler Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2011-2021F
Figure 31: Prominent Drivers in Singapore Two-Wheeler Tire Market (2011-2015)
Figure 32: Singapore Two-Wheeler Tire ASP, 2011-2015 (USD)
Figure 33: Prominent Drivers in Singapore Two-Wheeler Tire Market (2016E-2021F)
Figure 34: Singapore Two-Wheeler Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 35: Singapore Two-Wheeler Tire Market Share, By Radial Vs Bias, By Volume, 2015-2021F
Figure 36: Singapore OTR Tire Market Size, By Value (USD Million), By Volume (Million Unit), 2011-2021F
Figure 37: Prominent Drivers in Singapore OTR Tire Market (2016E-2021F)
Figure 38: Singapore OTR Tire Market Share, By Vehicle Type, By Volume, 2011-2021F
Figure 39: Singapore OTR Tire Market Share, By Radial Vs Bias, By Volume, 2015-2021F
Figure 40: Singapore Retreading Tire Market Size, By Value (USD Million), By Volume (Million Units), 2011-2021F
Figure 41: Singapore Retreading Tire Market Share, By Vehicle Type, By Volume, 2015-2021F
Figure 42: Singapore Number of Buses in Use, 2011-2015
Figure 43: Singapore Number of Deregistered Vehicles, 2011-2015
Figure 44: Singapore Vehicle Sales, By Volume, 2011-2015 (Units)

List of Tables

Table 1: Singapore Tire Market Size, By Vehicle Type, By Volume, 2011-2015 & 2021F (Million Unit)
Table 2: Singapore Tire Sales of Top 4 Companies, By Volume, 2015-2021F (Million Unit)
Table 3: Singapore Passenger Car Tire Market Size, By Vehicle Type, By Volume, 2011-2015 & 2021F (Million Unit)
Table 4: Singapore Medium & Heavy Commercial Vehicle Tire Market Size, By Vehicle Type, By Volume, 2011-2015 & 2021F (Million Unit)
Table 5: Singapore Light Commercial Vehicle Tire Market Size, By Vehicle Type, By Volume, 2011-2015 & 2021F (Million Unit)
Table 6: Singapore Two-Wheeler Tire Market Size, By Vehicle Type, By Volume, 2011-2015 & 2021F (Million Unit)
Table 7: Singapore OTR Tire Market Size, By Vehicle Type, By Volume, 2011-2015 & 2021F (Million Unit)
Table 8: SingaporeTire Imports, By Segment, By Value, 2011-2015 (USD Million)
Table 9: Singapore tire Exports, By Segment, By Value, 2011-2015 (USD Million)
Table 10: Upcoming Construction Projects in Singapore, By Sector, By Value, 2016-2021F (USD Billion)
Table 11: Singapore Prominent Infrastructure Projects
Table 12: Land Transport Authority of Singapore’s Categorization of Vehicles, By Class
Table 13: Lifespan of a Vehicle As per Singapore Government (2014)
Table 14: Partial Tax Exemption for Companies
Table 15: Tax Exemption for Start-up Companies

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Free Webex Call

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10% Free customization

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  • Bridgestone Tyre Sales Singapore Pte. Ltd.
  • Continental Automotive Singapore Pte Ltd
  • Dunlop Tyre
  • Giti Tire Pte. Ltd.
  • Goodyear Orient Company (Private) Limited
  • Hankook Tire Singapore PTE., Ltd.
  • Michelin Asia (Singapore) Co Pte Ltd
  • Pirelli Asia Pte Ltd
  • Stamford Tyres Corporation Limited
  • TOYO Tire & Rubber Company
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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