Gmi Research

 Indonesia, with its robust economic growth and expanding industrial base, continues to be an essential player in the Southeast Asian market. The demand for commercial vehicles is on the rise, driven by factors like increased consumer spending, booming e-commerce, and ongoing infrastructure development. As the number of commercial vehicles increases, the demand for high-performance tires specifically designed for these vehicles is also set to grow. The Indonesia Commercial Vehicle Tire Market is expected to experience substantial growth by 2031. One of the major contributors to this growth is the rising demand for cargo and delivery vehicles, fueled by Indonesia’s growing trade and logistics sectors. With more goods being transported across the archipelago, the need for durable and efficient tires becomes more pressing. Additionally, the construction industry, which relies heavily on trucks and other commercial vehicles, will continue to drive the market's growth as infrastructure...