Market Overview:
The global two-wheeler tire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for two-wheelers, especially in developing countries such as India and China. Additionally, the growing trend of urbanization is also contributing to the growth of the market. The motorcycle tire segment is expected to dominate the global two-wheeler tire market during the forecast period owing to its high demand from developed countries such as Europe and North America. However, with rising income levels and an increase in awareness about safety features, scooter tires are expected to witness a higher CAGR than motorcycle tires during 2018–2030.
Product Definition:
A two-wheeler tire is a type of pneumatic tire that is specifically designed for use on a motorcycle, scooter, or other similar vehicle. Two-wheeler tires are typically narrower and taller than those used on cars and trucks, and they feature a more rounded profile that allows them to better conform to the uneven surface of the road. They also have a higher load capacity than passenger car tires, which makes them better suited for carrying heavier loads.
Motorcycle Tire:
Motorcycle tire is a rubber product designed to fit on the wheel of a motorcycle. It has several uses including protection from heat and cold, prevention of the vehicle from moving in case of any skid or accident, and lastly for providing grip to the vehicle while driving. The primary function however is to enable smooth movement of vehicle on road.
Tire being an essential part of two-wheeler plays a major role in determining its performance as well as durability.
Scooter Tire:
Scooter tire is a type of tire that is used in electric scooters and two-wheelers. The market for scooter tires is growing at a rapid pace owing to the increasing demand for these vehicles across the globe. In addition, factors such as low maintenance cost, ease of parking, and better fuel economy are propelling the growth of this market globally.
Application Insights:
On the basis of application, the global two-wheeler tire market has been segmented into OEMs and aftermarket. The OEMs held a major share of over 70% in 2017. This is attributed to extensive product distribution by means of exclusive agreements with large number of partners, including automobile manufacturers and parts suppliers. Moreover, stringent regulations on safety and security provided by government authorities also help maintain a significant share for the OEMs in this market space.
The scooter tires held a significant share in 2017 owing to their popularity among younger population groups as affordable mode of transport at lower speeds compared to motorcycles or bicycles.
Regional Analysis:
Asia Pacific dominated the global two-wheeler tire market in terms of revenue with a share of over 40.0% in 2017. This is attributed to increasing sales of motorcycles and scooters, favorable government regulations for electric vehicles, and the presence of key manufacturers such as Bridgestone, Michelin, Pirelli & C., Avon Rubber Company Ltd., Goodyear Tire & Rubber Co., etc. In addition to this, low maintenance cost associated with two-wheelers is another major factor driving their tires demand in this region.
North America accounted for a significant share owing to high consumer disposable income levels coupled with rising sales volumes of premium motorcycle and scooter tires manufactured by companies such as Bridgestone/Firestone Inc.; Continental AG; Dunlop; Michelin; Pirelli & C.; etc. Moreover, growing popularity among riders for adventure riding on offroad terrain will drive product demand further over the forecast period.
Growth Factors:
- Increasing demand for two-wheelers in developing countries
- Rising disposable income of the middle-class population
- Technological advancements in two-wheeler tires
- Growing popularity of adventure sports and tourism activities
- Government initiatives to promote the use of two-wheelers
Scope Of The Report
Report Attributes
Report Details
Report Title
Two-wheeler Tire Market Research Report
By Type
Motorcycle Tire, Scooter Tire, Moped Tire, Others
By Application
OEMs, Aftermarket
By Companies
Bridgestone, Michelin, Continental, Pirelli, Kenda Rubber Industrial, Cooper Tire & Rubber, Hangzhou Zhongce Rubber, Giti Tire Pte, MRF Limited, JK Tyre & Industries, Bridgestone, CEAT Limited, TVS Srichakra, MITAS, PT Suryaraya Rubberindo Industries, PT Multistrada Arah Sarana, Deestone, Cheng Shin Rubber Ind, PT Gajah Tunggal TBK
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Two-wheeler Tire Market Report Segments:
The global Two-wheeler Tire market is segmented on the basis of:
Types
Motorcycle Tire, Scooter Tire, Moped Tire, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEMs, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bridgestone
- Michelin
- Continental
- Pirelli
- Kenda Rubber Industrial
- Cooper Tire & Rubber
- Hangzhou Zhongce Rubber
- Giti Tire Pte
- MRF Limited
- JK Tyre & Industries
- Bridgestone
- CEAT Limited
- TVS Srichakra
- MITAS
- PT Suryaraya Rubberindo Industries
- PT Multistrada Arah Sarana
- Deestone
- Cheng Shin Rubber Ind
- PT Gajah Tunggal TBK
Highlights of The Two-wheeler Tire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Motorcycle Tire
- Scooter Tire
- Moped Tire
- Others
- By Application:
- OEMs
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Two-wheeler Tire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A two-wheeler tire is a type of tire designed for use on bicycles.
Some of the key players operating in the two-wheeler tire market are Bridgestone, Michelin, Continental, Pirelli, Kenda Rubber Industrial, Cooper Tire & Rubber, Hangzhou Zhongce Rubber, Giti Tire Pte, MRF Limited, JK Tyre & Industries, Bridgestone, CEAT Limited, TVS Srichakra, MITAS, PT Suryaraya Rubberindo Industries, PT Multistrada Arah Sarana, Deestone, Cheng Shin Rubber Ind, PT Gajah Tunggal TBK.
The two-wheeler tire market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Two-wheeler Tire Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Two-wheeler Tire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Two-wheeler Tire Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Two-wheeler Tire Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Two-wheeler Tire Market Size & Forecast, 2018-2028
4.5.1 Two-wheeler Tire Market Size and Y-o-Y Growth
4.5.2 Two-wheeler Tire Market Absolute $ Opportunity
Chapter 5 Global Two-wheeler Tire Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Two-wheeler Tire Market Size Forecast by Type
5.2.1 Motorcycle Tire
5.2.2 Scooter Tire
5.2.3 Moped Tire
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Two-wheeler Tire Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Two-wheeler Tire Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Two-wheeler Tire Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Two-wheeler Tire Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Two-wheeler Tire Analysis and Forecast
9.1 Introduction
9.2 North America Two-wheeler Tire Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Two-wheeler Tire Market Size Forecast by Type
9.6.1 Motorcycle Tire
9.6.2 Scooter Tire
9.6.3 Moped Tire
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Two-wheeler Tire Market Size Forecast by Applications
9.10.1 OEMs
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Two-wheeler Tire Analysis and Forecast
10.1 Introduction
10.2 Europe Two-wheeler Tire Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Two-wheeler Tire Market Size Forecast by Type
10.6.1 Motorcycle Tire
10.6.2 Scooter Tire
10.6.3 Moped Tire
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Two-wheeler Tire Market Size Forecast by Applications
10.10.1 OEMs
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Two-wheeler Tire Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Two-wheeler Tire Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Two-wheeler Tire Market Size Forecast by Type
11.6.1 Motorcycle Tire
11.6.2 Scooter Tire
11.6.3 Moped Tire
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Two-wheeler Tire Market Size Forecast by Applications
11.10.1 OEMs
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Two-wheeler Tire Analysis and Forecast
12.1 Introduction
12.2 Latin America Two-wheeler Tire Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Two-wheeler Tire Market Size Forecast by Type
12.6.1 Motorcycle Tire
12.6.2 Scooter Tire
12.6.3 Moped Tire
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Two-wheeler Tire Market Size Forecast by Applications
12.10.1 OEMs
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Two-wheeler Tire Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Two-wheeler Tire Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Two-wheeler Tire Market Size Forecast by Type
13.6.1 Motorcycle Tire
13.6.2 Scooter Tire
13.6.3 Moped Tire
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Two-wheeler Tire Market Size Forecast by Applications
13.10.1 OEMs
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Two-wheeler Tire Market: Competitive Dashboard
14.2 Global Two-wheeler Tire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bridgestone
14.3.2 Michelin
14.3.3 Continental
14.3.4 Pirelli
14.3.5 Kenda Rubber Industrial
14.3.6 Cooper Tire & Rubber
14.3.7 Hangzhou Zhongce Rubber
14.3.8 Giti Tire Pte
14.3.9 MRF Limited
14.3.10 JK Tyre & Industries
14.3.11 Bridgestone
14.3.12 CEAT Limited
14.3.13 TVS Srichakra
14.3.14 MITAS
14.3.15 PT Suryaraya Rubberindo Industries
14.3.16 PT Multistrada Arah Sarana
14.3.17 Deestone
14.3.18 Cheng Shin Rubber Ind
14.3.19 PT Gajah Tunggal TBK
