June 2023

Asia Pacific Replacement & Original Equipment PCLT Tire Market Forecasts to 2028

Charting the Road Ahead: PCLT Tire Market Forecast Report

Whilst demand for new cars picked up significantly in 2021, both in the domestic Asia Pacific sector and key vehicle export destinations, the recovery in the volume of new vehicles produced - and therefore the original equipment tire market - has been held back by shortages in the supply chain, specifically semiconductors.

Supply chain disruption continued in 2022, compounded by the conflict between Russia and Ukraine and Covid-related lockdowns in China. This has delayed the recovery in the OE tire market.

Whilst the impact of supply chain issues is now lessening, vehicle demand in some export regions - particularly Europe - is now expected to be affected by economic uncertainty caused by sharply higher inflation.

Download the Report

Data and analysis of key market trends; inform your strategy with forecasts through to 2028
£
1995
per user
Contact Us for Pricing
Coming Soon
Buy Now
Taxes calculated at checkout

Get the Details

The PCLT replacement tire market in the Asia Pacific region began to recover in 2021, following the sharp declines in 2020. However, Covid-related disruption continued in 2022. This has been most notable in the region’s biggest market, China, where a strict lock-down policy and waves of infections have limited mobility, impacting replacement tire sales.

This report is provided as a PowerPoint briefing, giving a detailed review of the developments in the Americas replacement PCLT tire market and forecasts for the period to 2028.

  • The Excel data-pack contains detailed data on PCLT replacement tire volumes by region (Greater China, Japan  & Korea, ASEAN, India, Oceania, Rest of Asia Pacific) and country from 2018 and forecasts to 2028.
  • The data-pack also includes forecasts of new light vehicle registrations and light vehicle parc by country to 2028
  • Country coverage: China, Japan, India, South Korea, Thailand, Indonesia, Malaysia, Vietnam, Taiwan, Australia, New Zealand, Rest of Asia Pacific

TABLE OF CONTENTS

1.0 Global Strategic Overview

Fig 1 Global Light Vehicle Registrations by Region 2019-2022

Fig 2 Global Light Vehicle Registrations by Region Forecast to 2028

Fig 3 Impact of CASE Trends on Future Tire Demand

2.0 Asia Pacific Light Vehicle Registration  & Parc Forecasts to 2028

Fig 4 Quarterly Change in New Registrations by Country to Q2-2023

Fig 5 Asia Pacific Light Vehicle Registrations by Country Forecast to 2028

Fig 6 Asia Pacific Light Vehicle Parc by Region Forecast to 2028

Fig 7 Asia Pacific Light Vehicle Parc by Country Forecast to 2028

Fig 8 Asia Pacific Light Vehicle Parc Density by Region Forecast to 2028

Fig 9 Asia Pacific Light Vehicle Parc Density by Country Forecast to 2028

3.0 Asia Pacific Tire Market Forecasts to 2028

Fig 10 Asia Pacific Original Equipment and Replacement PCLT Tire Segments Forecast to 2028

Fig 11 Asia Pacific Original Equipment and Replacement PCLT Tire Volume by Country Forecast, 2028

Fig 12 Share of OE and Replacement PCLT Tire Volumes by Country Forecast, 2028

4.0 Asia Pacific Original Equipment Tire Market Forecasts to2028

Asia Pacific OE Tire Market Development

Asia Pacific OE Tire Market Developments by Vehicle Manufacturer

Fig 13 Asia Pacific OE PCLT Tire Volume by Country 2019-2022

Fig 14 Asia Pacific OE PCLT Tire Volume by Region Forecast to 2028

Fig 15 Asia Pacific OE PCLT Tire Volume by Country Forecast to 2028

Fig 16 Share of Asia Pacific OE PCLT Tire Volume by Country 2028

Asia Pacific OE Tire Market Development by Country (China, Taiwan)

Asia Pacific OE Tire Market Development by Country (Japan, South Korea)

Asia Pacific OE Tire Market Development by Country (India, Pakistan)

Asia Pacific OE Tire Market Development by Country(Thailand, Indonesia)

Asia Pacific OE Tire Market Development by Country(Malaysia, Vietnam, the Philippines)

5.0 Asia Pacific Replacement Tire Market Forecasts to 2028

Fig 17 Asia Pacific Replacement PCLT Tire Volume by Country 2019-2022

Fig 18 Asia Pacific Replacement PCLT Tire Volume by Region Forecast to 2028

Fig 19 Asia Pacific Replacement PCLT Tire Volume by Country Forecast to 2028

Fig 20 Share of Asia Pacific Replacement PCLT Tire Volume by Country 2028

Fig 21 Value of the Asia Pacific Replacement PCLT Tire Market to 2022

6.0 Data Tables

Table 1 Asia Pacific Original Equipment Tire Market Demand By Region and Country 2018-2028

Table 2 Growth in Asia Pacific Original Equipment TireMarket Demand By Region and Country 2018-2028

Table 3 Share of Asia Pacific Original Equipment Tire Market Demand By Region and Country 2018-2028

Table 4 Asia Pacific Replacement Tire Market Demand By Region and Country 2018-2028

Table 5 Growth in Asia Pacific Replacement Tire Market Demand By Region and Country 2018-2028

Table 6 Share of Asia Pacific Replacement Tire Market Demand By Region and Country 2018-2028

Table 7 Asia Pacific New Vehicle Registrations by Region and Country 2018-2028

Table 8 Asia Pacific Light Vehicle Parc by Region and Country 2018-2028

7.0 Glossary and Definitions

Key Facts