- 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. Shortages continued through 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.
- This report is provided as a PowerPoint briefing, giving a detailed review of the developments in the Asia Pacific original equipment 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, Rest of Asia Pacific) and country from 2018 and forecasts to 2028.
- The data-pack also includes forecasts of new light vehicle registrations by country to 2028
- Country coverage includes China, Japan, India, South Korea, Thailand, Indonesia, Malaysia, Vietnam, Taiwan, 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 Registrations & Production Forecasts to 2028
Fig 4 Asia Pacific Light Vehicle Registrations by Country Forecast to 2028
Fig 5 Quarterly Change in New Registrations by Country to Q4-2022
3.0 Asia Pacific Original Equipment Tire Market Forecasts to 2028
Fig 6 Asia Pacific Original Equipment Tire Segment in the PCLT Tire Market, Forecast to 2028
Fig 7 Asia Pacific Original Equipment and Replacement PCLT Tire Volume by Country, Forecast 2028
Fig 8 Original Equipment Share in PCLT Tire Volumes by Country, Forecast 2028
Asia Pacific OE Tire Market Development
Asia Pacific OE Tire Market Developments by Vehicle Manufacturer
Fig 9 Asia Pacific OE PCLT Tire Volume by Country 2019-2022
Fig 10 Asia Pacific OE PCLT Tire Volume by Region Forecast to 2028
Fig 11 Asia Pacific OE PCLT Tire Volume by Country Forecast to 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)
Fig 12 Share of Asia Pacific OE PCLT Tire Volume by Country 2028
4.0 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 Tire Market 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 New Vehicle Registrations by Region and Country 2018-2028
5.0 Glossary and Definitions