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Market Intelligence . Consulting Indonesia Tyre Market Forecast & Opportunities, 2019

Indonesia Tyre Market Forecast and Opportunities, 2019

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Page 1: Indonesia Tyre Market Forecast and Opportunities, 2019

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

Indonesia Tyre Market Forecast & Opportunities , 2019

Page 2: Indonesia Tyre Market Forecast and Opportunities, 2019

I n d u s t r y B r i e f

© TechSci Research

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Over the last few years, Indonesia has been witnessing significant increase in tyre market. The country has been witnessing

significant rise in domestic tyre sales as well as tyre exports to developed markets like the United States, Europe, etc. The

fact that Indonesia is one of the leading rubber producing nations across the globe also makes the country an ideal choice

for tyre manufacturing in the ASEAN region. Due to such an abundance of rubber resource, major tyre manufacturers

including Continental Tyres, Goodyear and Michelin have established their production plants in Indonesia. Rising per capita

disposable income is another major factor driving growth in tyre sales in Indonesia as people are increasingly buying new

cars.

According to “Indonesia Tyre Market Forecast & Opportunities, 2019”, tyre market in Indonesia is forecast to grow at

a CAGR of around 10.10% in volume terms during 2014-19. Growing automobile sales in domestic market as well as export

market, rising automobile fleet size, availability of raw material in abundance, and encouraging government policies are the

major factors expected to drive Indonesia tyre market during the forecast period. Owing to the largest fleet size and auto

OEM production base, Java is the highest contributor in Indonesia tyre market in volume terms. In 2013, Two-wheeler

occupied about 71.30% market share in volume terms, followed by passenger cars and commercial vehicles with 9.75% and

3.16% market share, respectively, in volume terms. Gajah Tunggal is the market leader in Indonesia’s tyre market, holding

highest market share in volume terms in 2013. Other prominent tyre players operating in the market are Bridgestone,

Goodyear and Michelin. “Indonesia Tyre Market Forecast and Opportunities, 2019” discusses the following aspects:

Indonesia Tyre Market Size, Share & Forecast

Segmental Analysis – Passenger Car Tyres, Commercial Vehicle Tyres, Two-Wheeler Tyres & OTR Tyres

Policy and Regulatory Landscape and Raw Material Analysis

Changing Market Trends and Emerging Opportunities

Competitive Landscape & Strategic Recommendations

Page 3: Indonesia Tyre Market Forecast and Opportunities, 2019

T a b l e o f C o n t e n t s

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1. Research Methodology

2 Analyst View

3. Tyre Market Overview

4. Indonesia Tyre Market Outlook & Forecast

4.1. Market Size & Forecast

4.1.1. By Value

4.1.2. By Volume

4.2. Market Share & Forecast

4.2.1. By Vehicle Type

4.2.2. By Company

4.2.3. By Region

5. Indonesia Passenger Car Tyre Market Outlook & Forecast

5.1. Market Size & Forecast

5.1.1. By Value

5.1.2. By Volume

5.2. Market Share & Forecast

5.2.1. By Vehicle Type

6. Indonesia Commercial Vehicle Tyre Market Outlook & Forecast

6.1. Market Size & Forecast

6.1.1. By Value

6.1.2. By Volume

6.2. Market Share & Forecast

6.2.1. By Vehicle Type

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7. Indonesia Two-Wheeler Tyre Market Outlook & Forecast

7.1. Market Size & Forecast

7.1.1. By Value

7.1.2. By Volume

7.2. Market Share & Forecast

7.2.1. By Vehicle Type

8. Indonesia OTR Tyre Market Outlook & Forecast

8.1. Market Size & Forecast

8.1.1. By Value

8.1.2. By Volume

9. Indonesia Tyre Market Raw Material Analysis

10. Indonesia Tyre Market Trade Analysis

10.1. Export Analysis

10.2. Import Analysis

11. Indonesia Tyre Market Dynamics

11.1. Drivers

11.2. Challenges

12. Policy & Regulatory Landscape

13. Indonesia Tyre Market Trends & Developments

14. Indonesia Economic Profile

15. Competitive Landscape

15.1. PT Gajah Tunggal

15.2. PT Bridgestone Tire Indonesia

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15.3. PT Sumi Rubber Indonesia

15.4. PT Goodyear Indonesia

15.5. PT Michelin Indonesia

15.6. PT Hankook Tire Indonesia

15.7. PT Multistrada Arah Sarana

15.8. PT YHI Indonesia

15.9. PT Elangperdana

15.10. PT Banteng Pratama Rubber

15.11. PT Suryaraya Rubberindo Industries

16. Strategic Recommendations

17. About Us & Disclaimer

Page 6: Indonesia Tyre Market Forecast and Opportunities, 2019

L i s t o f F i g u r e s

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• Figure 1: Indonesia Tyre Market Size, By Value, 2009-2013 (USD Billion)

• Figure 2: Indonesia Tyre Market Size, By Value, 2014E – 2019F (USD Billion)

• Figure 3: Indonesia Tyre Market Size, By Volume, 2009 – 2013 (Million Units)

• Figure 4: Indonesia Tyre Market Size, By Volume, 2014E – 2019F (Million Units)

• Figure 5: Indonesia Tyre Market Share, By Vehicle Type, By Volume, 2013

• Figure 6: Indonesia Tyre Market Share, By Vehicle Type, By Volume, 2019F

• Figure 7: Indonesia Tyre Market Share, By Company, By Volume, 2013

• Figure 8: Indonesia Tyre Market Share, By Company, By Volume, 2019F

• Figure 9: Indonesia Tyre Market Share, By Region, By Volume, 2013 & 2019F

• Figure 10: Indonesia Passenger Car Tyre Market Size, By Value, 2009 – 2013 (USD Billion)

• Figure 11: Indonesia Passenger Car Tyre Market Size, By Value, 2014E – 2019F (USD Billion)

• Figure 12: Indonesia Passenger Car Tyre Market Size, By Volume, 2009-2013 (Million Units)

• Figure 13: Indonesia Passenger Car Tyre Market Size, By Volume, 2014E – 2019F (Million Units)

• Figure 14: Indonesia Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2013

• Figure 15: Indonesia Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2019F

• Figure 16: Indonesia Commercial Vehicle Tyre Market Size, By Value, 2009 – 2013 (USD Billion)

• Figure 17: Indonesia Commercial Vehicle Tyre Market Size, By Value, 2014E-2019F (USD Billion)

• Figure 18: Indonesia Commercial Vehicle Tyre Market Size, By Volume, 2009 – 2013 (Million Units)

• Figure 19: Indonesia Commercial Vehicle Tyre Market Size, By Volume, 2014E – 2019F (Million Units)

• Figure 20: Indonesia Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2013

• Figure 21: Indonesia Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2019F

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• Figure 22: Indonesia Two-Wheeler Tyre Market Size, By Value, 2009 – 2013 (USD Billion)

• Figure 23: Indonesia Two-Wheeler Tyre Market Size, By Value, 2014E – 2019F (USD Billion)

• Figure 24: Indonesia Two-Wheeler Tyre Market Size, By Volume, 2009 – 2013 (Million Units)

• Figure 25: Indonesia Two-Wheeler Tyre Market Size, By Volume, 2014E – 2019F (Million Units)

• Figure 26: Indonesia Two-Wheeler Tyre Market Share, By Vehicle Type, By Volume, 2013

• Figure 27: Indonesia Two-Wheeler Tyre Market Share, By Vehicle Type, By Volume, 2019F

• Figure 28: Indonesia OTR Tyre Market Size, By Value, 2009 – 2019F (USD Billion)

• Figure 29: Indonesia OTR Tyre Market Size, By Volume, 2009-2019F (Million Units)

• Figure 30: Global Rubber Production Volume, 2009-2013 (Million Tons)

• Figure 31: Indonesia Rubber Production Share, By Sector, By Volume, 2013

• Figure 32: Indonesia Tyre Exports, By Value, 2009-13 (USD Billion)

• Figure 33: Indonesia Tyre Exports, By Volume, 2009-13 (Thousand Tons)

• Figure 34: Indonesia Tyre Imports, By Value, 2009-13 (USD Million)

• Figure 35: Indonesia Tyre Imports, By Volume, 2009-13 (Thousand Tons)

• Figure 36: Indonesia Rubber Production and Export Volume, 2009-13 (Million Tons)

• Figure 37: Indonesia Auto Sales, By Volume, 2009-13 (Million Units)

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• Table 1: Malaysia Average Selling Price of Tyre, 2013 & 2019F (USD)

• Table 2: Upcoming Infrastructure Projects in Indonesia, 2013

• Table 3: General Composition of Automotive Tyre, By Weight

Page 9: Indonesia Tyre Market Forecast and Opportunities, 2019

R e s e a r c h M e t h o d o l o g y

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Baseline Methodology :

For the study, TechSci Research has gathered information through primary research surveys with prominent tyre

suppliers based in Indonesia and later verified the information from major distributors of automobile tyres in the

country. We also put through an exhaustive search of credible paid databases such as Business Week, Factiva,

Hoovers, etc., including our internal database. Our team of analysts has then prudently evaluated all the collected

information and presented them in chronological order to depict a meaningful and clear picture of tyre market in

Indonesia.

While compiling the data, we have also cross-checked all the collected information from multiple sources and data

warehouses, so as to present the most accurate and precise information of the concerned industry.

Sources :

Asosiasi Industri Sepeda Motor Indonesia (AISI), Gabungan Industri Kendaraan Bermotor Indonesia (GAIKINDO),

Economic Intelligence Unit (EIU), Hoovers, Business Week, Company Annual Reports, Factiva, One Source and

News Articles

Companies InterviewedGajah Tunggal Tyres, Federal Tyres, Bridgestone Tyres, Dunlop Tyres,Swallow Tyres

Page 10: Indonesia Tyre Market Forecast and Opportunities, 2019

S a m p l e D a t a - S n a p s h o t

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10.00

20.00

30.00

40.00

50.00

2009 2010 2011 2012 2013

Figure 1: Indonesia Tyre Market Size, By

Value, 2009-2013 (USD Billion)

5.00 10.00 15.00 20.00 25.0010.0020.00

30.0040.00

50.00

2009 2010 2011 2012 2013

OEM Sales

Replacement Sales

Figure 3: Indonesia Tyre Market Size, By

Volume, 2009 – 2013 (Million Units)

Two Wheeler,

25.00%

Passenger

Car, 25.00%

Commercial

Vehicle, 25.00%

OTR Vehicle,

25.00%

Two

Wheeler,

25.00%

Passenger

Car, 25.00%Commercial

Vehicle,

25.00%

OTR Vehicle,

25.00%

Figure 5: Indonesia Tyre Market Share, By

Vehicle Type, By Volume, 2013

Figure 6: Indonesia Tyre Market Share,

By Vehicle Type, By Volume, 2019F

5 10 15 20 25 30 35 40 45 50 5510

2030

4050

6070

8090

100110

Figure 27: Indonesia OTR Tyre Market Size, By Volume,

2009-2019F (Million Units)

200

400

600

800

1,000

2009 2010 2011 2012 2013

Figure 28: Indonesia Tyre Exports, By Value,

2009-13 (USD Million)

LCV, 33%

MHCV, 33%

Bus, 34%

Figure 19: Indonesia Commercial Vehicle Tyre

Market Share, By Vehicle Type, By Volume, 2019F

1

2

3

4

5

6

2014E 2015F 2016F 2017F 2018F 2019F

Figure 21: Indonesia Two-Wheeler Tyre Market

Size, By Value, 2014E – 2019F (USD Billion)

MPV, 16%

SUV (4X2),

16%

Hatchback

, 17%

City Car,

17%

Sedan/ Coupe/

Wagon, 17%

SUV (4X4),

17%

Figure 12: Indonesia Passenger Car Tyre Market

Share, By Vehicle Type, By Volume, 2013

Page 11: Indonesia Tyre Market Forecast and Opportunities, 2019

R e p o r t O r d e r i n g

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Report Name: Indonesia Tyre Market Forecast and Opportunities, 2019

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Page 12: Indonesia Tyre Market Forecast and Opportunities, 2019

A b o u t U s & D i s c l a i m e r

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Disclaimer:The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made thatit is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sourcesincluding which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of anyinformation and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that ithas no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can changewithout notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage ofthe same for purpose other than internal will require prior approval of TechSci Research.

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