Product Code: ETC13255271 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Two Wheeler Tires Market was valued at USD 16.5 Billion in 2024 and is expected to reach USD 25.3 Billion by 2031, growing at a compound annual growth rate of 9.28% during the forecast period (2025-2031).
The Global Two Wheeler Tires Market is witnessing steady growth driven by factors such as increasing urbanization, rising disposable income, and a growing demand for motorcycles and scooters worldwide. The market is characterized by intense competition among key players such as Bridgestone Corporation, Michelin, and Continental AG, who are constantly innovating to offer durable and efficient tires. The Asia Pacific region dominates the market due to the high population density and extensive use of two-wheelers for commuting. Additionally, technological advancements like the development of tubeless tires and eco-friendly materials are anticipated to further boost market growth. However, challenges such as fluctuating raw material prices and stringent regulations regarding tire disposal and recycling pose a threat to the market`s expansion.
The Global Two Wheeler Tires Market is experiencing a surge in demand due to the increasing adoption of motorcycles and scooters for personal transportation, especially in emerging economies. Key trends in the market include a growing focus on developing eco-friendly and durable tires to meet stringent regulatory requirements. The market is also witnessing a rise in the popularity of tubeless tires for two-wheelers due to their superior performance and safety benefits. Opportunities in the market lie in the development of innovative tire technologies such as smart tires with sensors for monitoring tire pressure and temperature in real-time. Additionally, manufacturers are focusing on expanding their distribution networks and enhancing their online presence to reach a wider customer base, especially in regions with a high potential for growth in the two-wheeler sector.
The Global Two Wheeler Tires Market faces several challenges, including intense competition from a large number of players, fluctuating raw material prices, and increasing government regulations related to safety standards and emission norms. Additionally, the market is also impacted by changing consumer preferences towards electric vehicles and a growing focus on sustainability, which could potentially affect the demand for traditional two-wheeler tires. Rapid technological advancements in tire manufacturing and the need for innovative products to cater to evolving customer needs further add to the challenges faced by companies operating in this market. Overall, navigating these challenges while also meeting the demands for high-quality, durable, and cost-effective two-wheeler tires presents a significant hurdle for players in the Global Two Wheeler Tires Market.
The Global Two Wheeler Tires Market is primarily driven by the increasing demand for two-wheelers due to their cost-effectiveness, fuel efficiency, and ease of maneuverability, especially in densely populated urban areas. Additionally, the rising adoption of electric two-wheelers in response to environmental concerns and government initiatives promoting sustainable transportation solutions is fueling the market growth. Technological advancements in tire manufacturing, such as the development of high-performance and durable materials, are also contributing to the market expansion. Furthermore, the growing focus on safety features and regulations mandating the use of quality tires for two-wheelers are further propelling the demand for premium tires in the market. Overall, these factors are expected to continue driving the growth of the Global Two Wheeler Tires Market in the foreseeable future.
Government policies related to the Global Two Wheeler Tires Market primarily focus on ensuring safety, environmental sustainability, and quality standards. Many countries have regulations in place that mandate the use of certified and compliant tires for two-wheelers to ensure road safety. Additionally, there are initiatives to promote the adoption of environmentally friendly tires to reduce carbon emissions and promote sustainability. Quality control measures, such as strict testing protocols and standards, are also enforced to maintain the overall quality of two-wheeler tires in the market. Governments are increasingly collaborating with industry stakeholders to develop and implement policies that prioritize the safety, environmental impact, and performance of two-wheeler tires to meet the evolving needs of consumers and the market.
The Global Two Wheeler Tires Market is expected to witness steady growth in the coming years, driven by factors such as increasing urbanization, rising disposable incomes, and growing demand for efficient and convenient modes of transportation. The market is also likely to benefit from technological advancements in tire manufacturing, leading to the development of more durable and performance-oriented products. Additionally, the emphasis on sustainability and environmental consciousness is expected to drive the demand for eco-friendly and energy-efficient tires in the two-wheeler segment. However, challenges such as fluctuating raw material prices and regulatory pressures may pose some constraints on market growth. Overall, the Global Two Wheeler Tires Market is projected to expand at a moderate pace, with opportunities for innovation and market penetration in emerging economies.
The global market for two-wheeler tires is witnessing significant growth across all regions, with Asia leading the market due to the high demand for motorcycles and scooters in countries like India and China. North America and Europe are also key regions for two-wheeler tires, driven by the popularity of motorcycles for recreational and commuting purposes. In the Middle East and Africa, the market is growing steadily, supported by increasing urbanization and infrastructure development. Latin America is experiencing a rise in demand for two-wheeler tires, particularly in countries like Brazil and Mexico where motorcycles are a common mode of transportation. Overall, factors such as increasing disposable income, urbanization, and changing consumer preferences towards cost-effective and environmentally friendly transportation options are driving the growth of the global two-wheeler tires market across all regions.
Global Two Wheeler Tires Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Two Wheeler Tires Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Two Wheeler Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Global Two Wheeler Tires Market - Industry Life Cycle |
3.4 Global Two Wheeler Tires Market - Porter's Five Forces |
3.5 Global Two Wheeler Tires Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Two Wheeler Tires Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Two Wheeler Tires Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Two Wheeler Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Two Wheeler Tires Market Trends |
6 Global Two Wheeler Tires Market, 2021 - 2031 |
6.1 Global Two Wheeler Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Two Wheeler Tires Market, Revenues & Volume, By Less than 18, 2021 - 2031 |
6.1.3 Global Two Wheeler Tires Market, Revenues & Volume, By Greater than or Equal to 18, 2021 - 2031 |
6.2 Global Two Wheeler Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Two Wheeler Tires Market, Revenues & Volume, By Motorcycle, 2021 - 2031 |
6.2.3 Global Two Wheeler Tires Market, Revenues & Volume, By Scooter, 2021 - 2031 |
6.2.4 Global Two Wheeler Tires Market, Revenues & Volume, By Moped, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Two Wheeler Tires Market, Overview & Analysis |
7.1 North America Two Wheeler Tires Market Revenues & Volume, 2021 - 2031 |
7.2 North America Two Wheeler Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Two Wheeler Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Two Wheeler Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Two Wheeler Tires Market, Overview & Analysis |
8.1 Latin America (LATAM) Two Wheeler Tires Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Two Wheeler Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Two Wheeler Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Two Wheeler Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Two Wheeler Tires Market, Overview & Analysis |
9.1 Asia Two Wheeler Tires Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Two Wheeler Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Two Wheeler Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Two Wheeler Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Two Wheeler Tires Market, Overview & Analysis |
10.1 Africa Two Wheeler Tires Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Two Wheeler Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Two Wheeler Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Two Wheeler Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Two Wheeler Tires Market, Overview & Analysis |
11.1 Europe Two Wheeler Tires Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Two Wheeler Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Two Wheeler Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Two Wheeler Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Two Wheeler Tires Market, Overview & Analysis |
12.1 Middle East Two Wheeler Tires Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Two Wheeler Tires Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Two Wheeler Tires Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Two Wheeler Tires Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Two Wheeler Tires Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Two Wheeler Tires Market Key Performance Indicators |
14 Global Two Wheeler Tires Market - Export/Import By Countries Assessment |
15 Global Two Wheeler Tires Market - Opportunity Assessment |
15.1 Global Two Wheeler Tires Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Two Wheeler Tires Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Two Wheeler Tires Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Two Wheeler Tires Market - Competitive Landscape |
16.1 Global Two Wheeler Tires Market Revenue Share, By Companies, 2024 |
16.2 Global Two Wheeler Tires Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |